Truck capacity remains tight during this peak season and this is expected to continue into 2021 as inventories are replenished. We are seeing all-time highs in the number of loads in the spot market. Despite the impact of Covid-19, capacity has been reduced by a decrease in the truck driver workforce that occurred during the […]
Shipper Strategies to Address a Tight Capacity Freight Market this Winter
The Future of Transportation
4 years ago
A couple of weeks ago I received a copy of a fascinating new book entitled The Future of Buildings, Transportation and Power, written by Roger Duncan and Michael E. Webber and published by DW Books. I was particularly struck by the chapters on the Future of the Freight Transportation Industry. They identify “three major areas […]
Crafting a Pandemic Recovery Plan
4 years ago
There is considerable euphoria in the trucking industry these days. The July 2020 issue of Broughton Capital Truck Freight Barometers® is entitled “Fasten Your Seatbelts! The Economy & Truck Marketplace are Poised to Surprise to the Upside.” The issue contains the following thoughts. “In all three modes, the Broughton Capital Truck Freight Barometers® are reflecting […]
On July 7, 2020, Freightera (https://www.freightera.com/), North America’s rapidly growing online freight marketplace, announced the enhancement of its popular free platform with value-added paid memberships and a rewards program. Freightera’s customers can now subscribe to a range of Membership Plans that provide enhanced freight transportation services, tailored to their unique requirements. Freightera is one […]
Understanding the YRCW Bailout
4 years ago
On July 1, 2020 the U.S. Department of the Treasury announced that it was providing YRC Worldwide with a two-tranche loan that would allow it to make delinquent health and welfare and pension payments as well as fund capital expenditures for its tractors and trailers. As part of the deal, YRC is required to issue […]
In my previous blog (https://www.dantranscon.com/index.php/blog/entry/economic-recovery-and-the-future-of-the-freight-transportation-industry-part-1), I suggested that the economic recovery during the balance of this year will likely have a number of peaks and valleys that reflect the spread of Covid-19. In this blog I will explore some of Covid-19’s impacts on freight transportation. The latest economic data “most closely resembles a horror movie […]
The recovery of the North American transportation industry is contingent upon the revival of the economies of the United States and Canada. The movement of auto parts, housing supplies, manufactured goods, food stuffs. and a host of other products drive the economy. If there are any impediments to the smooth operation of North American supply […]
The Covid-19 pandemic is much more than a major health crisis that has produced massive business closures and job losses. It represents a “change agent” that will likely produce a range of impacts in Health Care, Education, Technology and in the world of Business. Some of these changes may be temporary but many of them […]
As Some Businesses Return to Work, how will this Impact the Freight Transportation Industry?
5 years ago
As of May 2, 32 U.S. states and 5 Canadian provinces (https://nationalpost.com/news/canada/reopening-canada-provinces-ontario-quebec-saskatchewan-alberta) have announced plans to reopen businesses on a phased basis. Each state and province has developed back to work guidelines to manage the process. These actions are being taken even though Covid-19 is a very contagious virus with 1.1 million reported cases and […]
As we watch the Covid-19 pandemic unfold, in real time, on our television and computer screens, we are observing major weaknesses in many of our essential institutions. Despite the warning from China at the beginning of this year, North Americans were unprepared for this pandemic. Before it even began, pandemic readiness work triggered by HIV […]