Report forecasts ‘surprising’ strength in LTL freight for early 2023
A continued decline in the truckload rate per mile index is projected to erase almost all of the gains accumulated since Q2 2021 but LTL rates are likely to climb,…
SOLD! panelists debate the heavy-duty powertrains of the future
For anyone who attended the “Heavy Duty Powertrains of the Future” session that kicked off SOLD! at Heavy Duty Aftermarket Week (HDAW) Tuesday looking for a definitive answer as to…
XPO taps equities analyst as new chief strategy officer
Less-than-truckload carrier XPO announced Tuesday it has named equity research analyst Ali Faghri its chief strategy officer effective immediately. Faghri most recently covered the automotive sector as a managing director…
DOE/EIA price drops; diesel futures up ahead of EU ban on Russian imports
Diesel markets have turned around sharply in futures and wholesale markets since the start of the year, and the looming Feb. 5 ban on European Union imports of Russian diesel…
Bank of America bullish on TL stocks as ‘truck demand near floor’
Bank of America said Tuesday it was more bullish on truckload stocks in 2023 as truck demand appears to have bottomed. BofA Securities (NYSE: BAC) research analyst Ken Hoexter made…
Rail intermodal to ‘struggle’ in 2023, consulting firm says
Consulting firm FTR Transportation Intelligence expects rail intermodal to face a tough year in 2023 amid weaker demand, a competitive truck market and a shift in U.S. port activity away…
Check Call: Accessibility for all
Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EST.…
Briefly: FMCSA border inspector pleads guilty to extortion
A 54-year-old Lyford man entered a guilty plea to extortion, announced U.S. Attorney Alamdar S. Hamdani late last week.Patrick Gorena was a border investigator for the Federal Motor Carrier Safety…
2 West Virginia Turnpike travel plazas to have food, restrooms and parking during rebuild
Truckers will still be able to stop, take a break, and pick up items for the road when the Beckley and Bluestone travel plazas on the West Virginia Turnpike shut…
Leonard’s Express adds onto military-themed truck fleet
Trucking news and briefs for Tuesday, Jan. 17, 2023: Leonard’s Express unveils newest military-support truck wrapsGulf War Veteran Davey Wheeler, whose driving career spans 44 years, will drive the Leonard’s…
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