Will 2019\’s Trucking \”Bloodbath\” Continue in 2020?
#2019 generally was not a great year for #trucking. The number of loads posted on DAT is up year-on-year, yet #truckingrates are down. #Bankruptcies are up 3x from the previous…
Happy 2020! Heavy Artillery vs Nature: Canadian Avalanche Control
Canadian Forces fire 105mm Howitzers into snow off of the Trans Canada Highway in B.C. on NYE. Happy New Year everyone! See this Kelowna Now article for more words and…
Celadon Files for Biggest Bankruptcy in US Trucking History
Celadon Group, Inc. (CGIP), a top 50 US truckload carrier with around $1B revenue, filed for bankruptcy under Chapter 11 at 00:01 this morning, leaving 3-4000 employees out of work,…
Uber Freight Expands to Canada
Since the announcement yesterday, there\'s been a number of articles, posts, and opinions on this topic. An article of my own will be coming, but until then, some quick thoughts:…
Freight Brokers Bashed, do Some Bashing in Return
Frieghtwaves recently published two commentary articles with opposing viewpoints regarding the economic effects of freight brokers on carriers, and shippers. The Demise of the Freight Brokerage is an asset-based carrier\'s…
More Big Ships to the Med: Tariff Wars Spinoffs
Capacity is moving to meet the surge in US-Europe trade (between 6 and 7% increase both ways so far this year), as more US-China trade trends down (around 6%). As…
Just for Fun: 10 Lessons in Freight
Logistics jargon at its finest, in a really engaging article. Do you understand/agree with what JT is saying? Here is a sample: Understanding the interrelation of markets, sectors, subsectors and…
Trucking as a Leading Indicator: Is a Recession Far Behind Recent News?
Rich Logistics announced layoffs for roughly 40% of its drivers, and 5 terminals closures in a downsizing of its parent company, Roadrunner Transportation Systems (roughly 10% of its workforce). Relatedly,…
Another Major US Trucking Co Quits Mexico
Trucking is tough all over right now; Mexico is no exception. U.S. Xpress shuttered its Mexico operations earlier this year; now Covenant Transport is following suit. (8th and 16th largest…
Fedex Cuts Ties with Amazon
Would you provide a customer service at a loss, while they build their own service to compete directly against yours? Federal Express is saying goodbye to #Amazon, as it announced…
