In their State of the North American Supply Chain study conducted last year, Averitt Express asked 1,600 shippers about which factors they thought would have the greatest impact on the shipping industry. Overwhelmingly,
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It is going to be great to see the trucking industry get a breath of new life with companies having the ability to add new equipment and new drivers. But, as you may have read in our February 23rd blog, "The Tax Cuts and
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A recent report from TechCrunch asserts that the trucking industry could benefit from blockchain, but only if a few things happen first.
What is blockchain, and how would it work with the trucking industry?
Blockchain is
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If some of the trucks in your fleet are starting to show their age, or if your hard work is paying off in the form of your business expanding, you may find that it is time to acquire some new vehicles. The two main options, of
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Early reports by ACT Research and FTR indicates a sharp rise in the class 8 truck sales. All orders reached a record high after the year 2006. Trailer orders also hit an all-time high with a figure of 47000 units by the end
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As you consider past facts, it is possible to establish some of the aspects that inform what is happening today. The trucking industry has a rich history that curious truck drivers or anyone who needs information on the same
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A recent report released by FTR shows that orders for Class 8 semi-trucks have hit their highest level since 2006 after more than doubling in the month of January. This pattern of strong truck orders, which began after a
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For many years, the trucking industry has suffered from a shortage of drivers and an inability to meet the shipping demands of a growing American economy. However, that may change in 2018. In December 2017, Congress passed
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Improvement in the trucking industry in 2017 with a 10% increase in spot rates in 2017 versus 2016 are helping to drive increases in used truck sales according to a recent article on Trucks.com. Since spot rates are related
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Truck Drivers Wanted
The long-anticipated "trucking capacity crunch" has arrived early, according to a January 2018 report by Jennifer Smith at the Wall Street Journal. The industry is facing a perfect storm of conditions
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