The coronavirus pandemic battered just about every business segment imaginable for at least some period of time this year, but the trucking industry fared better than many. Trucking lost almost 100,000 jobs as COVID-19 and ensuing lockdown orders and a soaring national unemployment rate sapped consumer spending. Trucking employment has rebounded every month since April, but still has not […]
Cummins, Navistar partnership to focus on hydrogen fuel cell Class 8 truck Cummins and Navistar announced they will work together on the development of a Class 8 truck powered by hydrogen fuel cells. The project will be funded in part through an award from the U.S. Department of Energy. “This vehicle will feature our next […]
The supply (capacity) side of the freight market has become very tight in 2020, but not because equipment is scarce. A driver shortage, more than anything else, has put the trucking industry in a position to chase rate increases for perhaps the next two years. “The driver shortage is driving the current environment,” said Paul […]
Roger Tutterow, Ph.D. – On Economic, Business & Political Climate Legal Update- Hank Seaton Legal Update- Rob Moseley State of the Industry- Dennis Manns KPI’s- Tom Ogrodowski Insurance Best Practices- Carrie Wall
Recruiting firm Tenstreet acquires retention-focused Stay Metrics Driver hiring assistance platform Tenstreet has acquired Stay Metrics, a company focused on driver retention strategy. The acquisition will result in a more powerful offering for both carriers and drivers in recruiting and retention, the companies said. It also combines the two companies’ driver data, which provides insight […]
TCA delays, relocates Annual Convention The Truckload Carriers Association announced it is postponing and moving the site of its 2021 Annual Convention from January to April due to lingering COVID-19 concerns. The 2021 event was originally scheduled to be held Jan. 23-26 in Nashville, Tennessee. It is now set to be held April 17-20 at […]
Volkswagen’s commercial truck unit, Traton, and Navistar, the maker of International-brand trucks, on Saturday entered into a definitive merger agreement under which Traton will become the owner of all of outstanding common shares of Navistar that it does not already own – a deal totaling $3.7 billion. Traton previously held 16.7% of Navistar, which it […]
A lot of time and effort goes into spec’ing a commercial truck, but much of that work goes unappreciated by the untrained eye. Well-executed fleet graphics, on the other hand, not only project a largely positive image, they also are more obvious than a finely tuned axle ratio or a calculated aerodynamics package. Trucks and […]
