Program Aired: March 16, 2023 2 p.m. ET. Dropping freight rates and rising costs are going to put more pressure on fleets in 2023. Fleet owners need to become increasingly creative to find new ways to reduce cost to protect margins. Recent research by BeyondTrucks found that US trucking companies incur on average $9,700 per driver per year as a result of poor processes and tools. 

ORLANDO, Fla. —  ConMet announced a set of technology tools for improving communication and efficiency industrywide Feb. 26.

Increasing freight capacity and attracting more infrastructure investments are likely outcomes of a recent federal designation expanding the inland Corn Belt Ports to span five Midwestern states.

Truck tonnage rose 3.8% in 2022 compared with 2021, posting the highest year-over-year gain in four years despite modest December results, American Trucking Associations reported.

Since 2020, a pandemic-fueled supply crunch, Russia’s war with Ukraine, and a deepening rift in the U.S.-China trade relationship have hammered home the idea that the world needs more resilient trade networks.

A Coast Guard investigation into the grounding in March of a cargo ship in the Chesapeake Bay faulted the pilot tasked with helping the ship navigate the waterway.

The upcoming retail holiday season is likely to see slower sales below the surging pace of 2021 as the U.S. economy’s pace of growth slows to a much lower level, which will have an impact on the amount of freight shipped by trucking.

The governors of Minnesota and Wisconsin have teamed to seek $889.5 million in federal infrastructure funds on a joint project to rebuild the John A. Blatnik Bridge.

The number of containerships waiting off Qingdao, one of China’s biggest ports, is continuing to rise as the country doubles down on its COVID Zero policy, adding more delays to a strained global supply chain.

Elevated freight rates are likely to remain through much of this year because of market turmoil, according to experts.