Executives across multiple segments of the trucking industry expect the freight environment to take considerable time to improve substantially.

LONG BEACH, Calif. — Shippers and transportation companies hope that the fall peak season pushes the industry out of the freight recession, an IANA Intermodal Expo panelist said Sept. 12.

The trucking industry has entered the late stages of the freight cycle downturn, but positive destocking trends have helped balance low demand.  

With the congressional August recess fast approaching, senior transportation policymakers are calling for passage of several big picture supply chain-centric bills.

SAVANNAH, Ga. — Now is the time for carriers to position their operations for a long-term balanced marketplace,  according to logistics experts.

Trucking and logistics firms have seen weak market conditions during the past year as spot freight demand has cooled, truck capacity has loosened and the macroeco­nomic outlook is uncertain.

Major logistics companies and technology providers have joined forces to alleviate a pain point hampering the industry — the making, keeping and adjusting of freight appointments.

A panel in the House of Representatives recently approved proposals to boost the freight workforce and increase efficiency along commercial corridors.

The trucking industry stumbled through the first quarter amid a slowing economy and high inventories, according to experts.

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.