Plus, two trucking firms close, harassment claims at TIA conference, a 19.5% week-over-week drop in spot loads, and more.
Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
From West Coast wins to Gulf Coast fog delays, the country’s top gateways are telling very different stories.
Expert suggests trucking downturn may start to improve but warns of a slow recovery until 2024.
Jason Miller, a supply chain professor, suggests that the trucking industry's current downturn, might be starting to improve, based on data from May 2023. Despite a slight increase in the amount of goods moved that month, Miller warns that the industry isn't out of the woods yet, as the total volume of goods moved is still down 1.3% from a year ago. He predicts that the situation won't improve significantly until 2024. In the meantime, he expects the financial performance of trucking companies for the second quarter of 2023 to be poor, but sees potential for improvement in the third quarter of 2023.
Source: Jason Miller LinkedIn
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Is this trucker a criminal or just a hustler trying to stay in the game? It depends on how you look at it.
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
CtrlChain carriers cut admin time by 95%, process paperwork 80% faster, and get paid 4x quicker. See what’s new in 2024—and what’s coming next in 2025!
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