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The problem with load boardsLoad board fraud is gaining attention...
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Used truck prices reversed year-over-year gains in November for the first time since 2020,...
https://www.freightwaves.com/news/once-in-a-lifetime-pricing-boom-in-used-trucks-reverses-course
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...
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...