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2018: Year of the ELD

ELDs ruled everything around us in 2018. The topic dominated our list of most-read stories, and the mandate was central to most of the trends that played out in the freight industry last year. But before 2018…there was 2017. And in 2017, there was plenty of speculation about what would happen in mandate’s aftermath. Here’s a look at… Read More

Top 10 markets for freight in 2018

Rankings based on transaction data in DAT RateView What do you get when you combine an economy that's growing like gangbusters and a truck shortage? That'd be 2018. The surge in truckload demand led to record-high rates last year, as freight brokers and… Read More

End of owner-operators in California?

A decision by the California supreme court could have a chilling effect on the owner-operator model in that state, and if appeals fail to reverse the decision, other states could go down the same path. So says Joe Rajkovacz, director of governmental affairs and communications for the Western States Trucking Association (WSTA). In the spring of 2018, the… Read More

Flatbed freight regains footing in December

Flatbed carriers didn't hear a lot of good news in the second half of 2018. After the spikes we saw early in the year, prices started a slow and steady decline that lasted for months. That changed in December, as prices reversed course at a time when business is usually slow for flatbed carriers. And the price increase took hold even as lower diesel prices chip away at fuel surcharges. Meantime, it also looks like slowness in the oil… Read More

December van rates broke a 6-year streak

For the first time since 2012, the national average van rate was lower in December than it was in November. While this past December might have been slower than expected, 2018 ended much the same way it started: Not enough trucks to keep up with demand.Less freight moved last week, as businesses shut down for Christmas. But for the loads that did need to… Read More

10 most-read stories of 2018

What stories got the most attention in 2018? ELDs and driver detention were the most popular topics, followed by business tips for owner-operators, and info on the big trends in truckload freight, capacity, and rates. In case you missed them, below are the 10 most-read stories from the past year. Stay in the know — sign up for one of our… Read More

6 rules for making money in the slow season

The spot market will likely be the same as it is every year around this time: From January to about the end of March, it will most likely be slow. There won't be the volatility that we saw at the beginning of 2018, because that was a result of the ELD mandate. Don't expect to see as many loads as we did in early 2018. Just because there are fewer loads doesn't mean the world is coming to an end, though. It's just that time of… Read More

Costs rise faster than revenues for freight brokers in November

Although revenues and profits improved for freight brokers in November compared to 2017, the month-over-month results were disappointing. Load counts declined for the third consecutive month, and rising labor expenses took a bite out of net profits. This report is derived from the monthly financial results of more than 100 freight brokerage companies. Their 2017 average annual revenue was $19.5 million, and the group is on track to… Read More

Canadian cargo boosts Buffalo

If you're covering a load from Buffalo, NY, there's a good chance it actually originated in Canada. The city is on the border, less than 100 miles from Toronto, our northern neighbor’s largest metro area.Buffalo’s nickname, “The City of Good Neighbors,” describes its importance in the U.S. relationship with our biggest export market. No surprise – the Buffalo metro area is home to countless warehouses and distribution centers… Read More

Christmas came calling for reefer carriers

Shippers had plenty of last-minute freight to deliver before Christmas, and that stopped the slow slide we had been seeing in reefer freight. The demand for fresh food before the holiday pushed volumes up 7% last week, which boosted rates on most of the high-traffic reefer lanes.Those increases could be short-lived, though. Now that the urgency surrounding the holiday is gone, capacity will likely loosen as major… Read More

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