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Wed Apr 13 07:11:02 CDT 2022

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What Roadcheck week means for the freight market

Chart of the Week:  National Truckload Index– USA SONAR: NTI.USA International Roadcheck is a 72-hour period when members of the Commercial Vehicle Safety Alliance (CVSA) conduct a heightened period of inspections on commercial vehicles. Since 2022, they have designated two primary areas of focus — one for the driver and one for the vehicle. Its impact on… Continue reading What Roadcheck week means for the freight market

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Borderlands Mexico: Trade, trucking dominate Port of Eagle Pass annual summit

Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: Trade, trucking dominate Port of Eagle Pass annual summit; Avant Technology receives Texas grant for Pharr factory expansion; and SEG Solar to build 4 GW solar module factory in Houston. Trade, trucking… Continue reading Borderlands Mexico: Trade, trucking dominate Port of Eagle Pass annual summit

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SONAR Sitrep: Fleet safety behind the curb post-freight recession

Nearly one in five commercial trucks currently on U.S. roads fails to meet basic roadworthiness standards – a metric that stands as the #1 predictor of fatal accidents. As the freight cycle recovers and utilization rises, the industry is confronting a massive accumulation of deferred maintenance from the prolonged freight recession of 2022–2026. During that… Continue reading SONAR Sitrep: Fleet safety behind the curb post-freight recession

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US Postal Service reduces operating loss to $642M

Improved revenues from price increases and lower costs helped the U.S. Postal Service in reducing its fiscal second-quarter deficit from the prior year by 24% despite a slowdown in mail and parcel volumes. The postal organization on Friday reported an operating loss of $642 million, a significant year over year improvement. The net loss, which… Continue reading US Postal Service reduces operating loss to $642M

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Forward Air flags customer loss, stock plummets

Shares of Forward Air were off over 40% in early trading on Friday after the company said it was potentially losing a large customer. It also said a strategic review concluded with “no actionable proposals” being received and that it will now look to only sell parts of the enterprise. Forward (NASDAQ: FWRD) reported a… Continue reading Forward Air flags customer loss, stock plummets

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