Long-haul trucking

Trade war era pattern reemerging in trucking

Freight is moving shorter distances, compounding the effects of waning demand

Chart of the Week: Long haul Tender Volume Index, Tweener haul Tender Volume Index, Short haul Tender Volume Index, City haul Tender Volume Index – USA  SONAR: LOTVI.USA, TOTVI.USA, SOTVI.USA, COTVI.USA

Long-haul trucking demand has eroded at a faster rate than loads moving less than a half a day’s travel, compounding the easing process in the market. Since March 1, the long-haul outbound tender volume index (LOTVI) —...

https://www.freightwaves.com/news/trade-war-era-pattern-reemerging-in-trucking

Net-Zero Carbon recap: Autonomous trucks a boon to decarbonization

This fireside chat recap is from FreightWaves’ Net-Zero Carbon Summit.

FIRESIDE CHAT TOPIC: Autonomous vehicles are blazing a path for sustainable long-haul trucking. 

DETAILS: Autonomous transport is leading the way to emissions reductions and time savings for the long-haul trucking industry.

SPEAKERS: Cetin Mericli is CEO and co-founder of Pittsburgh-based Locomation, a provider of autonomous trucking technology solutions. Kaylee Nix is a reporter at FreightWaves.

KEY QUOTES FROM MERICLI 

“When we...

https://www.freightwaves.com/news/autonomous-trucks-a-boon-to-decarbonization

DOT pumping $1.2 billion into rural freight network

The Biden administration on Tuesday released $246 million in FY22 funding toward completing a 3,000-mile rural freight and passenger network expected to reap time and cost savings for long-haul trucking.

The money is part of a $1.2 billion, five-year funding package authorized in the Bipartisan Infrastructure Law for the Appalachian Development Highway System (ADHS), a network running through 13 states from New York to Mississippi. It is approximately 85% completed and is expected to be 100%...

https://www.freightwaves.com/news/dot-pumping-12-billion-into-rural-freight-network

Study calls for national truck-parking standards

An array of technologies and applications used by truck drivers at the state level to locate and reserve parking spaces highlights the need for a standardized truck-parking information framework across the country, according to a new study.

A research report released on Monday by American Transportation Research Institute (ATRI) emphasized that the way to get such a standard in place is to begin working with the National Association of Truck Stop Operators (NATSO), truck driver groups, state and...

https://www.freightwaves.com/news/study-calls-for-national-truck-parking-standards

H.E.R. Method teaches trucking safety tips

After a long day of driving, Lakeesha Martin, a veteran long-haul truck driver, decided it was time to end her day at a nearby truck stop and take a shower before finishing up the 1,000-mile trip she had left to deliver her load.

Martin, an owner-operator from Woodbury, New Jersey, told FreightWaves that she secured her truck and headed into the truck stop to purchase her shower. After the loud speaker announced her shower was ready, she said she made her way to her shower door. 

That’s when...

https://s29755.pcdn.co/news/her-method-offers-tips-for-protection-on-the-road

CN confident in market share take from trucking via KCS merger

A photograph of a CN train crossing a bridge.

Canadian railway CN (NYSE: CNI) insists that ensuring competition among other railroads and shippers will be a priority should it succeed in merging with Kansas City Southern (NYSE: KSU).

CN and rival railway Canadian Pacific (NYSE: CP) each are seeking to acquire Kansas City Southern (KCS). CP and KCS announced their agreement to merge last month, while CN announced its plans to acquire KCS last week. Both have been aggressively seeking to win the hearts of shippers, stakeholders and the...

https://www.freightwaves.com/news/cn-confident-in-market-share-take-from-trucking-via-kcs-merger

More long-haul drivers eyeing final mile

While the country shut down for the pandemic, the trucking industry shined. The current market was the light at the end of the tunnel: high volume, high rates and increased compensation for drivers.

The stars have seemed to align for the average long-haul driver, but ironically, trucking companies are having difficulty locking down new drivers.

In a recent Randall-Reilly study, truck driver job postings in 2020 rose by more than 300,000, but job seekers rose by only 70,000.

In the report, 33% of...

https://www.freightwaves.com/news/for-some-drivers-long-haul-is-out-final-mile-is-in

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