On Wednesday, Morgan Stanley released its 2025 Transportation Outlook, which describes the next year as likely a tale of two halves, one with a powerful restocking-driven upcycle followed by the fears of a downcycle beginning in 2026. For the upcycle, there are many unanswered questions, including how long it will last. Historically there was an 18-month restocking cycle in 2018 and...
https://www.freightwaves.com/news/trucking-outlook-sugar-high-or-sustained-upswing
Most technological solutions in trucking focus on improving some aspect of the for-hire fleet experience. Despite often being left out of the conversation, private fleets face a unique set of challenges that can often be addressed by different applications of the same solutions.
When software providers do not cater to private fleets, both the provider and the carrier suffer. To truly provide value to these companies, third-party partners must understand their differing priorities. For example,...
https://www.freightwaves.com/news/tenstreet-offers-modern-tech-solutions-tailored-to-private-fleets
If a Walmart employee working the floor of a store wanted to make more money by getting behind the wheel of a truck in the retailer’s private fleet, the company did not have a route to make that happen.
That employee seeking to join the fleet would need to take an outside CDL course on his or her own and pay for it out of pocket. Another hurdle was an outside driver needed to have 30 months of experience and a solid safety record before he or she could become a driver in the Walmart fleet, with...
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On this week’s episode of Check Call, host Mary O’Connell and David Cook, director of sales for CPC Logistics, sit down to talk about driver retention, navigating private fleets and what drivers like from ideal customers.
Also on the podcast is a quick rundown of the Federal Aviation Administration’s request for information regarding shipping COVID-19 vaccines on aircraft. Due to the extremely cold nature of the vaccine transportation (minus 94 degrees Fahrenheit), the FAA is looking for best...
https://www.freightwaves.com/news/check-call-with-david-cook-private-fleet-show
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...
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https://www.freightwaves.com/news/daily-infographic-dedicated-solutions-designed-for-each-customer
As companies look for ways to remain competitive, they need to re-evaluate their fleet. For shippers, there are many differences between owning a private fleet and using a dedicated fleet. Some of these differences include cost, service, reliability, and the time taken away from their core competencies. This report focuses on these differences and shows how the right fleet can be your competitive advantage.
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https://www.freightwaves.com/news/white-paper-private-fleet-vs-dedicated-which-one-is-right-for-you