According to Fastmarkets 2023 Outlook, “widespread economic turmoil, including interest rates that soared to the highest levels in more than a decade, overshadowed the fact that 2022 was a banner year in the U.S. softwood lumber industry by historical standards. Fastmarkets’ latest projections indicate U.S. housing starts will drop 12.8% from last year due to...Read More
Trucking news and briefs for Thursday, Jan. 19, 2023: Trucking conditions improved slightly in November FTR forecasts its Trucking Conditions Index will likely remain negative until late 2024.FTRFTR’s Trucking Conditions Index improved in November to -7.94 despite a weakened freight rate environment. October’s -11.16 TCI reading had been the weakest since the April 2020 contraction....Read More
As a newer CDL driver, some of the jobs I have looked at that I can qualify for says that you have the option to add an APU and/or Inverter on your dime. This seems troubling to me if they are offering it, why it’s on your dime. Is that something standard or acceptable? I...Read More
Canadian retail sales of Class 8 trucks and trailers will both be up about 9% this year, at 31,700 and 43,900 units respectively, according to an analysis from MacKay & Company, presented at Heavy Duty Aftermarket Dialogue Jan. 16. Classes 6/7 trucks will pull back 9%, meanwhile, to 7,400 units. That’s off the 10-year average...Read More
Apex Capital and Best Companies in Texas: How it all Started In 2007, a dozen years after Apex Capital opened its doors to help small to medium-size trucking companies optimize cash flow with full-service factoring, company founders David Baker and Dean Tetirick championed Apex’s involvement in the Best Companies to Work for in Texas program....Read More
On top of the crash in the building market creating a gloomy outlook for flatbed carriers in 2023, news of pine trees dying in significant numbers in Oregon further complicates the Pacific Northwest demand outlook. In addition to being the number one state for producing Christmas Trees, Oregon is also a major supplier of lumber...Read More
Trucking news and briefs for Monday, Dec. 26, 2022: FMCSA denies petition to allow hair drug testing reports to Clearinghouse The Federal Motor Carrier Safety Administration has denied a request from the Trucking Alliance to “amend the definition of actual knowledge to include the employer’s knowledge of a driver’s positive hair test, which would require...Read More
The A321’s are not the new NEO (New Engine Option) version, but instead, the CEO (Current Engine Option). Freighter aircraft fly far fewer cycles and hours per day than a passenger carrier. There are many, many markets for these aircraft. FedEx has nearly 100 757 converted freighters that were all converted after airlines retired them,...Read More
It was an eventful year, to say the least. Right out of the gate the Canadian trucking industry found itself in the international spotlight as trucks noisily rumbled their way from the West Coast to Ottawa where they parked for an extended, and unwelcome, stay. It’s not often our industry attracts this level of attention...Read More
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