The Daily Dash: State of the market; top challenge facing DOT’s next leader

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, earnings from lender BMO shed light on the state of the U.S. trucking market. Plus, Flock Freight lands $113.5 million in funding, and the next leader of the U.S. Department of Transportation could face turf wars among various agencies.

A healthy market rolls on

Canadian-based bank BMO reported its fourth-quarter earnings. With a heavy presence in transportation, the earnings offer a glimpse into the...

https://www.freightwaves.com/news/the-daily-dash-state-of-the-market-top-challenge-facing-dots-next-leader

OOIDA launches 14th annual Truckers for Troops event Nov. 9

OOIDA raises money for Truckers for Troops

The Owner-Operator Independent Drivers Association (OOIDA) will kick off its annual Truckers for Troops campaign on Nov. 9. It will run until Nov. 16.

OOIDA, a trucking trade group headquartered in Grain Valley, Missouri, launched the first Truckers for Troops fundraising effort in 2007 during Operation Iraqi Freedom to raise money to send care packages to U.S. troops serving in combat zones.  

Since its inception 13 years ago, the annual campaign has raised nearly $670,000. Its donations also...

https://s29755.pcdn.co/news/ooida-launches-14th-annual-truckers-for-troops-event-nov-9

Election 2020: OOIDA says Trump a net positive for small-business truckers

After eight years of being aggressively regulated by the Obama administration, small-business truckers reckoned that, even if it did nothing for four years, a Trump administration would have to be an improvement.

That view has, for the most part, been borne out. The Owner-Operator Independent Drivers Association (OOIDA), which represents about 160,000 small-business truckers, gives the Trump Department of Transportation (DOT) high marks for, among other things, proposing that drivers nearing...

https://s29755.pcdn.co/news/ooida-says-trump-a-net-positive-for-small-business-truckers

The Daily Dash: OOIDA backs HOS changes; peak season opportunity for regional carriers

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, a lawsuit from the Teamsters and safety groups opposing the recent changes to hours-of-service rules will not have the support of the Owner-Operator Independent Drivers Association. Plus, regional carriers are poised to gain as FedEx and UPS shed freight volumes and what are equipment ordering cycles telling us about 2020 and beyond?

OOIDA supports HOS changes

The Owner-Operator Independent Drivers...

https://www.freightwaves.com/news/the-daily-dash-ooida-backs-hos-changes-peak-season-opportunity-for-regional-carriers

The Daily Dash: HOS exemption denied; YRC boosting pay; OOIDA criticizes cost estimates for broker transparency

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the Federal Motor Carrier Safety Administration (FMCSA) said that having animals in the cab is not a sufficient reason for truck drivers to exceed their hours-of-service limits. Plus, YRC is offering hiring bonuses for some drivers and the Owner-Operator Independent Drivers Association (OOIDA) said that broker claims of the costs to comply with a transparency law are not realistic.

Man’s best friend...

https://www.freightwaves.com/news/the-daily-dash-hos-exemption-denied-yrc-boosting-pay-ooida-criticizes-cost-estimates-for-broker-transparency

OOIDA scoffs at high cost estimates for broker transparency

The filing by the Owner-Operator Independent Drivers Association (OOIDA) in response to a Federal Motor Carrier Safety Administration (FMCSA) fact-finding mission it largely started stays away from discussions of the strength or weakness of the market and instead focuses on the question of the hurdles to disclosure.

FMCSA is studying whether to turn a federal rule that carriers may request data on a transaction from a broker into a rule that the broker must supply that data automatically to a...

https://s29755.pcdn.co/news/ooida-scoffs-at-high-cost-estimates-for-broker-transparency

The Daily Dash: Hindenburg continues attack on Nikola; OOIDA pushes for more truck parking

Nikola Tre electric truck

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, short seller Hindenburg Research continued to lob allegations of wrongdoing at Nikola Corp. Plus, OOIDA said it will renew its push for more funds for truck parking when the next Congress convenes, and TFI International expands its presence in the U.S. logistics market.

Hindenburg continues Nikola attack

Hindenburg Research, the short seller that successfully beat down Nikola’s share price, reloaded...

https://s29755.pcdn.co/news/the-daily-dash-hindenburg-continues-attack-on-nikola-ooida-pushes-for-more-truck-parking

The Daily Dash: Border skirmish, drone delivery and is it time to say goodbye to diesel?

Mexican truck crossed the U.S. border

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the U.S. International Trade Commission has been asked to investigate whether Mexico-based cross-border trucking operations are hurting U.S. long-haul truckers. Plus, Workhorse Group continues to advance drone delivery technology, Canadian truckers are being scammed and Anheuser-Busch makes a big shift to natural gas.

Trouble south of the border?

The Owner-Operator Independent Drivers Association...

https://www.freightwaves.com/news/the-daily-dash-border-skirmish-drone-delivery-and-is-it-time-to-say-goodbye-to-diesel

OOIDA, Teamsters call for probe of Mexican trucking industry

Groups representing owner-operator truck drivers and small carriers have urged the government to investigate whether Mexico-based carriers pose economic harm to the U.S. trucking industry.

The Owner-Operator Independent Drivers Association (OOIDA) and the International Brotherhood of Teamsters sent a joint letter Tuesday asking the U.S. International Trade Commission (USITC) to investigate if “the U.S. long-haul trucking industry is materially harmed by an increase in cross-border trucking...

https://s29755.pcdn.co/news/ooida-teamsters-call-for-probe-of-mexican-trucking-industry

Commentary: Digital freight brokers face a moment of truth

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

News reports that Uber is re-evaluating non-core units like Uber Freight did not take me by surprise.

 To learn more about what’s happening, you can read JP Hampstead’s Uber ‘re-evaluating’ non-core units like freight, WSJ reports, which ran in FreightWaves on Monday, May 18.

Defining the problem

In The Business of Platforms by Michael Cusumano, Annabelle Gawer, and...

https://www.freightwaves.com/news/commentary-digital-freight-brokers-face-a-moment-of-truth