Media

June Newsletter 2018

by Mark Westby | Category Company | Jun, 2018

Newsletter are your freight costs getting out of control?

I remember when a Fuel Surcharge became the norm. In the late 90’s, many carriers also initiated an Insurance Surcharge when insurers exited the trucking market in droves due to relatively low premiums versus high risk. Those insurers that remained had little competition and jacked up their pricing...

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April Newsletter 2018

by Mark Westby | Category Company | Apr, 2018

It's Officially Crunch Time! Are you ready?

Morgan Stanley puts out what I think is the best research on the truckload freight industry. The graphs serve as a capacity report with the highs meaning more freight than trucks, and the lows meaning more trucks than freight. You can see that 2018 is off to a crazy start...

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January Newsletter 2018

by Mark Westby | Category Company | Jan, 2018

Freight costs on the rise? Seeing a truck shortage?

2018 is certainly off to a frantic start. Although all the signs started to appear in late 2016, many transportation buyers are simply shocked by rising freight costs and the lack of available trucks. As I have heard many customers say, “It was almost overnight”. Well, in a big way…it was...

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September Newsletter 2017

by Mark Westby | Category Company | Sep, 2017

Are you ready? What you need to know about the Eld Mandate.

We just heard the latest news on the ELD mandate. First, here is a little history. The FMSCA made it a law back in 2015 that interstate truckers must implement Electronic Logging Devices by December 18th, 2017. The FMCSA is convinced that the use of ELDs will result in fewer crashes. However, until the government figures out how to measure and enforce a driver’s actual sleep time, it can all seem rather silly...

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January Newsletter 2017

by Mark Westby | Category Company | Jan, 2017

In our last 2-newsletters, we talked a lot about the rapidly shrinking number of active trucks. I wrote about the layoffs at the major truck manufacturers, the 60,000 plus new trucks sitting on dealership lots...

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November Newsletter 2016

by Mark Westby | Category Company | Nov, 2016

Like Americans everywhere, I am relieved that it’s over. The signs in our yards and streets will start coming down and we longer have to endure all the campaign rhetoric that has consumed our country for over 500-days...

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July Newsletter 2016

by Mark Westby | Category Company | Jul, 2016

As far as the trucking industry goes, i would say that 2015 was the year nobody said it would be. It was predicted that the truck shortage would be at critical levels. GDP and manufacturing activity were to continue to rise, and there was no end to the speculation of how high freight prices would go...

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Spring Newsletter 2016

by Mark Westby | Category Company | Apr, 2016

I think we were all coming to grips with the idea that the energy related freight boom of last year was a bubble that has burst. The reverberations to our economy are too great to write in a short letter. However, it is concerning to note that manufacturing jobs fell by 9,000 in September after falling 18,000 in August...

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December Newsletter 2015

by Mark Westby | Category Company | Dec, 2015

As far as the trucking industry goes, i would say that 2015 was the year nobody said it would be. It was predicted that the truck shortage would be at critical levels. GDP and manufacturing activity were to continue to rise, and there was no end to the speculation of how high freight prices would go...

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Fall Newsletter 2015

by Mark Westby | Category Company | Sept, 2015

I think we were all coming to grips with the idea that the energy related freight boom of last year was a bubble that has burst. The reverberations to our economy are too great to write in a short letter. However, it is concerning to note that manufacturing jobs fell by 9,000 in September after falling 18,000 in August...

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