‘100 percent OK’ to bring up detention before you get off the phone
‘Don’t leave money on the table,’ redux — that sentiment could increasingly include examinations of revenue and income per hour in your business’ accounting and analysis to help determine effective detention rates in broker/shipper negotiations.
Digital broker’s freight platform expands
The Next Trucking tech-enabled brokeraged announced a $21M series B round of financing to expand the “trucker-centric” online freight marketplace it launched two years ago.
Spot market demand indicators drop but remain favorable for truckers
Load post counts were on the rise last week, but truck posts rose even higher after the holidays. It was the first week the van load-to-truck ratio declined since the ELD mandate went into effect. Yet the ratio was still 10.7 van loads per truck, way above what’s been historically typical, for any time of year.
‘Here’s to causing a crisis’: Is there a shutdown going on?
Those were among the words of independent owner-operator Brita Nowak, who’s closed her one-truck business in part in protest of the 14-hour rule’s inflexibility, combined with the new record-keeping reality of the ELD mandate.
Blockchain: Uncertain future for factors, brokers with less reliance on building relationships, more trust in verified data
Blockchains have been called “trustless,” which isn’t intended to be as negative as it sounds. Rather, the term refers to the trust created by the structure of information contained in a blockchain, which could virtually eliminate the necessity of the personal touch that traditionally has been required to build trust in business relationships
Van rates, flatbed demand close 2017 strong on spot market
“Something of a perfect storm” closed out the last full week of 2017 for van rates. Winter weather, extended vacations over the holidays, end-of-year freight urgency all boosted van rates/demand. Flatbed demand indicators — load-to-truck ratio, primar…
Is it business as usual in the grocery world?
Mixed bag of reports coming from groceries around the country in the middle of this holiday week — are empty shelves a result of the ELD mandate or the “perfect storm” of holiday freight pressures? … A little analysis here, and: What are you seeing?
Is it business as usual in the grocery world?
Mixed bag of reports coming from groceries around the country in the middle of this holiday week — are empty shelves a result of the ELD mandate or the “perfect storm” of holiday freight pressures? … A little analysis here, and: What are you seeing?
Spot market extremely tight, favoring truckers, ahead of Christmas this week
A lot of truckers took time off last week ahead of Christmas, which meant there were already fewer trucks on the road. It was also the first week under the electronic logging device mandate, and the combination of the upcoming holiday and new regulations pushed the national load-to-truck ratio for vans up higher than it’s ever been – 10.1 loads per truck.
Uber Freight adds pre-planning tools in app
Advance truck posting and load searching tools are being added to the Uber Freight brokerage’s mobile software for truckers utilizing it.