The Daily Dash: HOS changes could be delayed; improving drivers’ mental health

FMCSA considers hours of service changes

The Daily Dash is a quick look at what is happening today in the freight ecosystem. In today’s edition, the Federal Motor Carrier Safety Administration said it is considering a petition to delay the hours-of-service changes, Workhorse gets the OK to sell electric vans in all 50 states, Forward Air branches out and drivers get tips to improve their mental health.

HOS changes, we hardly knew ye?

The flexibility afforded truck drivers with the upcoming hours-of-service changes may be short-lived, if...

https://www.freightwaves.com/news/the-daily-dash-hos-changes-could-be-delayed-and-improving-drivers-mental-health

Paycheck Protection Program loans in manufacturing

The public release of data for Paycheck Protection Program (PPP) loans exceeding $150,000 on Monday by the Small Business Administration has provided visibility into the far-reaching impact of this program. Much has already been written about the impact of PPP on the motor carrier and 3PL sectors, but the PPP’s effect on manufacturing has been less explored. As substantial freight volume comes from manufacturing activity, especially for LTL carriers, examining how PPP loans have affected the...

https://s29755.pcdn.co/news/paycheck-protection-program-loans-in-manufacturing

TW Metals deal highlights GlobalTranz’s managed transportation capabilities

Last week, GlobalTranz, the Phoenix-based, technology-enabled 3PL, announced that it had added TW Metals as an important new customer of its Managed Transportation Solutions division. GlobalTranz reported $1.5 billion in gross revenue in 2019 and has been a prolific acquirer of both logistics and technology companies, completing 11 deals in the past few years.

TW Metals is a specialty metals distributor serving clients like aircraft original equipment manufacturers (OEMs), high-end motorsports,...

https://s29755.pcdn.co/news/tw-metals-deal-highlights-globaltranzs-managed-transportation-capabilities

Shared truckload offers pricing benefits to shippers, carriers

truck driving down highway

The only thing anyone can say for certain about the transportation markets is that they change. Whether due to global disruptions like pandemics or simple seasonality, volumes and capacity are constantly in flux. When these shifts get especially volatile, the whole industry feels the effects. Shared truckload (STL) offers a way for shippers and carriers alike to make the most of any market conditions. 

Shared truckload enables multiple shippers to share trailer space in one multi-stop full...

https://s29755.pcdn.co/news/shared-truckload-offers-pricing-benefits-to-shippers-carriers

Tech tracking: FourKites unveils dynamic ETA product for LTL shipments

FourKites launches ETA solution for LTL shipping

While Amazon (NASDAQ: AMZN) and its shipping partners like UPS (NYSE: UPS) and FedEx (NYSE: FDX) are able to tell customers where their package is at all times, the reality for most less-than-truckload (LTL) shipping is somewhat more complex. Multiple stops, drops and pickups, along with traffic and last-minute schedule changes impact the ability to provide narrow delivery windows for LTL customers.

Citing a data science breakthrough and the large volume of data from loads within its system,...

https://s29755.pcdn.co/news/tech-tracking-fourkites-unveils-dynamic-eta-product-for-ltl-shipments

Pandemic offers opportunity to end the tug of war between carriers, shippers

Carriers and shippers have been playing a decades-long game of tug of war, passing pricing power amongst themselves as the transportation markets rise and fall. These pricing surges are one of the few certainties in an unpredictable market. 

The global pandemic offers industry players the chance to trade competition for collaboration and disrupt the status quo. Carriers, 3PLs, and shippers alike are feeling the impact of the coronavirus pandemic, and companies in every corner of the industry are...

https://www.freightwaves.com/news/pandemic-offers-opportunity-to-end-the-tug-of-war-between-carriers-shippers

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