How truckload carriers can shield themselves from rising insurance premiums

How truckload carriers can shield themselves from rising insurance premiums

Despite many truckload carriers reporting record revenues and strong operating ratios, TCA data housed inside FreightWaves’ SONAR shows an anomalous jump in insurance expenses, spiking as high as 4.45% of total revenue at the end of October 2018.

Read More

TCA building profitability analytics for asset-based brokerages

TCA building profitability analytics for asset-based brokerages

Roughly 65% of Truckload Carrier Association member fleets have structured brokerage operations, estimates Chris Henry, program manager of the TCA Truckload Profitability Program (TPP), but very few companies have insight into how their asset-light division stack up against their peers.

Read More

Manual processes are slowly killing your business

Manual processes are slowly killing your business

The reality is, many of the tasks handled by our operations, accounting and customer service teams are repetitive and prime candidates for automation. In general, any repetitive, rule-based task is a prime candidate for automation. So why haven’t they already been automated?

Read More

Flatbed carrier makes 3,000-mile journey to deliver the U.S. Capitol Christmas Tree

Flatbed carrier makes 3,000-mile journey to deliver the U.S. Capitol Christmas Tree

Central Oregon Truck Company will wrap-up its cross-country tour hauling the U.S. Capitol Christmas Tree with one last stop at Andrews Air Force Base in Maryland this weekend before the tree is dropped off at its final destination.

Read More

Swift offers drivers, dependents free college tuition through Drive for a Degree program

Swift offers drivers, dependents free college tuition through Drive for a Degree program

Drivers at Swift Transportation, a subsidiary of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), now have the opportunity to earn college degrees online through Southern New Hampshire University’s College for America program.

Read More

What goes up must come down: ACT Research VP Steve Tam talks Class 8 order, production forecast

What goes up must come down: ACT Research VP Steve Tam talks Class 8 order, production forecast

At a time when used truck pricing is holding strong and new truck orders seem to surge month after month, many wonder when the proverbial crash is coming. Tam thinks the good times are likely to continue into 2019, with the market taking a turn in the second half of the year.

Read More

Infographic: How truckload carriers are performing this bull cycle

Infographic: How truckload carriers are performing this bull cycle

The graphs below are based on TCA InGauge’s compilation of financial data filed by publicly traded truckload carriers. They display how trucking companies performed in 2017 and the first half of 2018. 

Read More

TFI names new CFO, Executive Vice President of U.S. Truckload

TFI names new CFO, Executive Vice President of U.S. Truckload

TFI International (TSX:TFII), the Montreal, Canada-based transport and logistics company, has made two significant personnel announcements this week. David Saperstein has been promoted to chief financial officer of TFI International and Greg Orr, currently president of U.S. Truckload, has been promoted to executive vice president of U.S. Truckload.

Read More