Month: September 2023

2023 Freight Market: How Brokers and 3PLs are Adapting to Meet Shipper Demands

Facebook Twitter LinkedIn Email Published September 26, 2023 Remember those wild pandemic years from 2020 to 2022 when everyone was scrambling for trucks, and it felt like you had a better chance of finding a unicorn than available capacity? Yeah, those days are gone. Fast forward to 2023, and it’s like we’re living in an …

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Diesel Prices Finally Ease as Refinery Maintenance Takes Center Stage

Facebook Twitter LinkedIn Email Published September 26, 2023 Just when it looked like we were stuck in an endless cycle of diesel price hikes, there’s finally some good news for our wallets. The latest data from the Department of Energy’s Energy Information Administration (DOE/EIA) shows that the average retail weekly diesel price has taken a …

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Positive Trends Emerge in Heavy-Duty Truck Repair Costs

Facebook Twitter LinkedIn Email Published September 20, 2023 In some welcome news for the trucking industry, a recent report from the Technology & Maintenance Council of American Trucking Associations and Decisiv Inc. has shed light on a noteworthy development. During the second quarter of 2023, parts and labor expenses in heavy-duty truck repair shops saw …

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The Diesel Roller Coaster: Ups, Downs, and Uncertainties

Facebook Twitter LinkedIn Email Published September 20, 2023 The diesel market has been on a wild ride recently, with prices and trends shifting dramatically in just a matter of days. If you’ve been keeping an eye on the fuel pump or following the markets, you’re likely aware of the roller coaster we’re currently riding. Fuel …

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Truckload Carriers Brace for a Gradual Recovery in 2024

Facebook Twitter LinkedIn Email Published September 14, 2023 The trucking industry has weathered its fair share of storms in recent years, with market conditions that have left many carriers grappling with challenges. While some signs of improvement are on the horizon, industry experts caution that a significant turnaround won’t occur until 2024. In this article, …

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Driving Forward: FMCSA Grants Transform Trucking Safety and Parking Accessibility

Facebook Twitter LinkedIn Email Published September 14, 2023 On Wednesday, the Federal Motor Carrier Safety Administration (FMCSA) made a significant stride towards enhancing the safety and well-being of truck drivers across the United States. With over $80 million allocated for High Priority grants, the FMCSA’s latest announcement marks a major commitment to improving access to …

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FMCSA’s New DataQs Appeals Process: Enhancing Due Process in Commercial Transportation

Facebook Twitter LinkedIn Email Published September 14, 2023 The Federal Motor Carrier Safety Administration (FMCSA) is set to introduce a federal appeals process for Requests for Data Review (RDRs) submitted through its DataQs system. This proposal, which has been under consideration for some time, represents a major step towards ensuring fairness and accountability in the …

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FMCSA Proposes Federal Appeals Process for DataQs Requests: A Step Toward Improved Due Process

Facebook Twitter LinkedIn Email Published June 22, 2023 In a significant development, the Federal Motor Carrier Safety Administration (FMCSA) has announced its intention to introduce a federal appeals process for Requests for Data Review (RDRs) submitted through its DataQs system. This proposal marks a substantial shift in the agency’s approach to handling data quality disputes …

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Freight Market Insights: Navigating the Road to Recovery in 2024

Facebook Twitter LinkedIn Email Published June 22, 2023 The world of freight and logistics is a dynamic one, characterized by constant fluctuations in supply and demand. As we step into the realm of 2024, it’s crucial to examine the recent trends and insights that provide a roadmap for carriers and shippers alike. In this article, …

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Navigating the Complex World of Freight Fraud: DOT OIG’s Response to Congressional Concerns

Facebook Twitter LinkedIn Email Published June 22, 2023 In the ever-evolving realm of transportation, where goods crisscross the country on a daily basis, ensuring the integrity of the system is paramount. Freight fraud, particularly double brokering, has raised concerns among various stakeholders in the industry. Earlier this year, eight members of Congress took notice of …

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