The following is my annual report on the state of the LTL Freight Industry in the United States and Canada. The Booming Freight Market of 2018 Strong economic growth and high employment in the United States and Canada, coupled with concerns over US tariffs and trade wars, and high truck utilization rates, propelled freight demand […]
The LTL Freight Industry in the United States and Canada in 2019
– Starting with less than truckload (LTL) and rail freight, North America’s online freight marketplace is rapidly expanding its services and coverage The Freight Transportation Industry The US and Canadian trucking industries generate about $750 to $800 billion in revenue. When you add in rail volumes, the North American surface transportation industry represents trillions of […]
Some Major Trends and Predictions for 2019
6 years ago
This has been a remarkable year in history and in the world of Freight Transportation. Here are some observations on the major developments that will shape 2019. 1. The Coming Economic Downturn and Recession The looming emerging markets credit crisis is expected to grow in both scale and scope. Some emerging markets have come under […]
These are distressing times for Canadians. Despite numerous meetings between the Canadian and U.S. (and Mexican) delegations over the past year, NAFTA negotiations reached another impasse on Friday, August 31. It is not surprising. The Americans have negotiated in bad faith. Canada was excluded from the recent negotiations between the U.S. and Mexico. Rather than […]
Those of us who came into the freight transportation industry in the 80s and 90s remember when there were distinct sets of service providers. There were small parcel carriers, LTL carriers, full truckload service providers and rail carload operators. Of course, during slow times, truckload carriers would move some large LTL shipments. The small parcel […]
The following is my annual report on the state of the LTL Freight Industry in the United States and Canada. Here are links to the top 100 carriers in Canada (https://www.todaystrucking.com/top-100-ranking-canadas-largest-hire-fleets/ ) and the top 25 LTL carriers in the United States (https://www.logisticsmgmt.com/article/the_top_25_trucking_and_less_than_truckload_ltl_companies_in_2017 ). The combined revenue of the 25 largest U.S. LTL trucking companies […]
Lessons Learned from the ELD Mandate
7 years ago
Under the Federal Motor Carrier Safety Administration rules in the United States, that came into effect on Dec. 18, 2017, most trucks built after 2000 had to be equipped with an ELD (Electronic Logging Device). Fleets already using older electronic onboard recorders are grandfathered until December 2019. The CCMTA (Canadian Council of Motor Transport […]
This is a year that shippers have been dreading. Increased demand, from retailers looking to restock after the holidays and from manufacturers, has made it harder for companies to book transportation, particularly on short notice. Prices have also risen due to bad weather, a new U.S. federal trucking safety rule, truck and driver shortages and […]
The implementation of the FMCSA’s ELD mandate in the United States on December 18 was one of the most anticipated milestones in the history of trucking. The introduction of electronic logging devices is the latest attempt by the FMCSA to improve road safety and minimize road accidents in the United States. Driver fatigue is […]
From time to time, I come across companies that offer a unique blend of freight transportation services and technological capabilities. I have written about several of these companies over the last decade. Freightcom (www.freightcom.com) is one of these companies. The Freightcom Growth Story The company was founded in 2010. The founders brought many years of […]