FreightWaves Classics articles focus on various aspects of the transportation industry’s history. If there are topics you think would be of interest, please send them to [email protected].
This article was originally written for the FreightWaves Haul of Fame. To see other FreightWaves Haul of Fame articles, follow this link.
Richard (Dick) Simon grew up in Provo, Utah, in a family of truckers and developed a healthy love of the industry. In 1955, Dick Simon sold his new car to buy a...
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FreightWaves Classics articles focus on various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to [email protected]
In Part Three of this series, the impact of the Interstate Commerce Commission on the trucking industry is reviewed. If you would like to read Part One of this series (FreightWaves Classics: Rise and fall – the Interstate Commerce Commission), follow this link. If you want to read Part Two of...
Insurance has been a major headwind facing the trucking industry, keeping fleets from growing and in some cases from staying in business. The ability of owner-operators to access the insurance markets affordably has been a struggle.
Robert Haley, VP of Transportation for USI Insurance Services, and Pierre Laguerre, founder and CEO of Fleeting, a marketplace providing shippers and carriers with vetted CDL drivers to operate their trucks, sat down to discuss the hardening insurance market and...
Several critical issues in the context of visibility within the trucking ecosystem stem from the excessive fragmentation within the freight industry. As shipping processes continue to get expedited in conjunction with consumer expectations within the retail market, it is critical for trucking stakeholders to gain efficiencies to improve service levels.
Los Angeles-based automated logistics platform ZUUM Transportation is working to create such efficiencies within the industry at large — by...
The economic need for keeping the trucking industry functioning seamlessly has helped build a robust system that is impervious to inclement conditions like snow or hurricane. Today, stakeholders in the trucking industry plan their operations well in advance of upcoming disruptive weather events, with technology playing a crucial role in providing algorithm-driven insights to strategize better.
Freight movement involves different segments like planning, routing and execution teams to work in...
ELD market leader TruckX has announced the introduction of a ruggedized wired ELD setup, offering it alongside the already successful bluetooth ELD product line, which has seen deployment across tens of thousands of trucks in North America.
Tapan Chaudhari, the CEO of TruckX, spoke to FreightWaves to discuss the company’s reasoning behind developing a wired ELD system when the industry was moving toward bluetooth-based ELDs.
“TruckX already has a great bluetooth ELD offering that is very easy...
https://s29755.pcdn.co/news/truckx-brings-wired-elds-back-in-vogue
The less-than-truckload (LTL) segment is a $65 billion-a-year industry in the U.S., with roughly 165 million LTL shipments hauled across the country. However, what is strikingly evident to every shipper within the market is that LTL movement is vastly more inefficient than the much larger truckload industry.
This is apparent when the segments are compared across key service parameters. LTL’s on-time pickup rate is around 70%, whereas the truckload segment achieves on-time pickup over 96% of the...
https://s29755.pcdn.co/news/flock-freight-fills-empty-spaces-in-full-truckloads
Changes in technology, labor regulations and emissions, as well as a potential driver shortage and rising insurance costs, are just some of the challenges facing the surface transportation industry, according to Dave Belter, vice president and general manager of transportation management with Ryder System (NYSE: R).
Belter told FreightWaves Chief Strategy Officer JT Engstrom during a virtual fireside chat at The Future of Logistics Real Estate summit Tuesday that there are “a lot of...
https://www.freightwaves.com/news/trucking-to-see-more-of-the-same-says-ryders-belter-with-video
Roughly a decade ago, in anticipation of changes in the supply chain and logistics sector, investment firm Saybrook Management started buying companies in that space – not so much because they were great opportunities, which they were, but because the firm wanted to understand how the various pieces of the supply chain worked.
Then came COVID-19.
“There’s nothing that compares to this from a logistics perspective,” Saybrook CEO Jonathan Rosenthal told FreightWaves technology reporter Vishnu...
https://www.freightwaves.com/news/covid-19s-opportunity-for-global-supply-chains-with-video