trucking employment

Loaded and Rolling: FMCSA outlines new driver detention study

FMCSA outlines new driver detention study

(Photo: Jim Allen/FreightWaves)

The Federal Motor Carrier Safety Administration on Wednesday released parameters on data collection for a new study to determine the impact of detention time on drivers. The Information Collection Request (ICR) was submitted to the Office of Management and Budget (OMB) for review and approval and opened the window for public comments. The request noted that approximately 80 carriers and 2,500 CMV drivers will provide data...

https://www.freightwaves.com/news/loaded-and-rolling-fmcsa-outlines-new-driver-detention-study

High costs will limit capacity growth in trucking

Chart of the Week: 3, 4, and 5 Year Old Used Truck Prices, New Class 8 Orders – USA  SONAR: UT3.USA, UT4.USA, UT5.USA, ORDERS.CL8

Used truck prices have increased by over 50% for 3-year-old models over the past 12 months. With the larger fleets struggling to recruit new drivers to the space, cost barriers will limit the small fleet/owner-operator growth as well, helping to extend the capacity crunch on all levels. 

It is a fairly well-known fact inside the trucking industry that over 90% of the...

https://www.freightwaves.com/news/high-costs-will-limit-capacity-growth-in-trucking

The Daily Dash: Turning truck stops into vaccination centers

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, a Tennessee lawmaker is looking into the possibility of making COVID-19 vaccines available at a major truck stop operator. Plus, trucking regulations could be changing under the Biden administration, and trucking employment fell in January but questions remain as to why.

Should truck stops become vaccination clinics?

A Tennessee lawmaker said he would look into the potential for making vaccines...

https://www.freightwaves.com/news/the-daily-dash-turning-truck-stops-into-vaccination-centers

When will the next wave of trucking capacity hit the market?

Chart of the Week:  Employment Not Seasonally Adjusted – Truck Transportation, Equipment Orders – Class 8 Vehicles – USA SONAR: EMPN.TRUK, ORDERS.CL8

One of the biggest questions of 2021 for trucking is whether a wave of capacity will enter the market that stabilizes the current elevated spot rate environment. This is a question many transportation providers struggle with each year as they attempt to balance the need for growth versus cost control. Overextend your fleet beyond demand and you...

https://s29755.pcdn.co/news/when-will-the-next-wave-of-trucking-capacity-hit-the-market

The Daily Dash: Hyliion goes public; Uber Freight lands $500M investment

Hyliion-Hybrid

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, electric driveline startup Hyliion officially became a public company on Friday. Plus, Uber Freight secures $500 million in funding and trucking’s recovery continued in September.

Hyliion takes a bow

Another trucking startup went public on Friday. Hyliion, which hopes to electrify the industry with its electric driveline, became a publicly traded entity just four days after a reverse merger was...

https://s29755.pcdn.co/news/the-daily-dash-hyliion-goes-public-uber-freight-lands-500m-investment