J.B. Hunt Transport Services has started a transload service in the New York metro area. In a press release, the offering is touted as “a one-stop source for quickly transferring ocean freight into equipment for domestic transport.” The facility, located in Jersey City, New Jersey, was recently expanded to 25,000 square feet of space, is open 24/7 and includes on-site parking.
Loaded and Rolling
Loaded and Rolling: House hearing on driver shortage, Operation Open Roads, Class 8 used truck inflation
In remarks to the House Committee on Transportation and Infrastructure, MIT Professor David Correll recently outlined yearslong research conducted by the MIT Freightlab, detailing a chronic underutilization of the American truck driver.
Below are some highlights and reporting from the event. Interestingly there was additional research regarding whether electronic logs can predict if a driver will...
Loaded and Rolling: Private fleets expand; trucking mergers and acquisitions; and detention on the rise
According to a recent National Private Truck Council Report, private fleets continue to expand due to high spot market rates and dwindling capacity in the market. Less capacity equals less service, and service metrics remain a big driver for in-house transportation. For large common carriers (they haul other people’s freight), this can pose a challenge since both private and common carriers target the same...
Loaded and Rolling: Rounding up the F3 Virtual Experience trucking discussions, chaining up for winter weather and looking at a tight labor market that is hampering hiring.
Last week FreightWaves hosted the F3 Virtual Experience, which involved industry leaders discussing topics related to the future of freight, key factors impacting markets, industry trends and venture capital investments. Key topics included autonomous and electric vehicles, FreightTech and a demonstration of the new SONAR feature, the Trusted Rate Assessment Consortium (TRAC). Below are some links to presentations, videos and...
Loaded and Rolling: Infrastructure bill, autonomous freight, sluggish November freight volumes
On Nov. 5, the U.S. House of Representatives passed the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) by a 228-206 vote after passage by the Senate on Aug. 10. In a report published by Georgetown University, trucking jobs are estimated to account for 20% of the infrastructure plan, with around 15 million infrastructure jobs created or saved over 10 years.
The American Trucking Associations, in a prepared...
Loaded and Rolling: Respect my FMCSA authoritah!!
The Federal Motor Carrier Safety Administration is setting records. New motor carrier authority approvals are at an all-time high — around 10,000 each month. As of September, around 82,000 approvals for authority had been granted in 2021, compared with 59,500 for the entire year of 2020.
Why it’s important:
- High Spot rates combined with a capacity crunch...
https://www.freightwaves.com/news/loaded-and-rolling-respect-my-fmcsa-authoritah