Loaded and Rolling: Freight upcycle may come early, says Morgan Stanley

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Freight upcycle may come early, says Morgan Stanley

(Photo: Jim Allen/FreightWaves)

The freight...

https://www.freightwaves.com/news/loaded-and-rolling-freight-upcycle-may-come-early-says-morgan-stanley

Loaded and Rolling: FreightTech 25 announced

FreightTech 25 announced

(Source: FreightWaves)

On Thursday FreightWaves presented the FreightTech 25 awards, which were chosen independently by a panel of CEOs, industry leaders, academics and investors who scored the companies. Chattanooga, Tennessee-based accounting and auditing firm HHM administered the vote. The awards recognize the most innovative and disruptive companies in the freight technology sector. 

Of the companies that were named to the FreightTech 25, 17 were newcomers, while...

https://www.freightwaves.com/news/loaded-and-rolling-freighttech-25-announced

Trucker out-of-service orders hit all-time high

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WASHINGTON — New-entrant out-of-service (OOS) orders issued to carriers will surge to an all-time...

https://www.freightwaves.com/news/trucker-out-of-service-orders-hit-all-time-high

Loaded and Rolling: Small fleets and owner-operators gain market share

Small fleets and owner-operators gain market share

(Source: FreightWaves SONAR)

In an article published Tuesday, FreightWaves CEO and founder Craig Fuller made a case that the trucking industry is not consolidating anytime soon. The prevailing wisdom following the Motor Carrier Act of 1980 was that there would be rapid consolidation as previously highly regulated unionized trucking companies, operating under the older regulations from the Interstate Commerce Commission (ICC), went bankrupt and...

https://www.freightwaves.com/news/loaded-and-rolling-small-fleets-and-owner-operators-gain-market-share

Loaded and Rolling: Owner-operator survey data; MC number cancellation data

Loaded and Rolling Cover ImageFreightWaves owner-operator survey data
(Source: FreightWaves Research — June 2022)

FreightWaves recently conducted a survey of owner-operators outlining business issues and outlooks on profitability in 2022 compared to the previous year. The survey included 76 owner-operators and a majority of those polled, about 70%, hauled dry van trailers. 

What stood out most in the data was the reported worsening conditions facing owner-operators. Just over 35% of those surveyed indicated the lowest...

https://www.freightwaves.com/news/loaded-and-rolling-owner-operator-survey-data-mc-number-cancellation-data

Loaded and Rolling: Owner-operator migration; net revocations of trucking authority rise

Loaded and Rolling Cover ImageOwner-operators appear to migrate to large trucking companies
(Photo: Jim Allen/FreightWaves)

A common theme during the downward swing in the cyclical freight market cycle is the movement of owner-operators in and out of large fleets. This behavior typically follows spot market rates, and when rates are high, owner-operators will leave the safety of large fleets to chase spot market rates, and when rates collapse, they will return to large fleets for more predictable freight volumes and...

https://www.freightwaves.com/news/loaded-and-rolling-owner-operator-migration-net-revocations-of-trucking-authority-rise