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We took the opportunity to ask our Instagram followers about their best days as freight brokers. Here are some of their responses...
Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
Shortages of electrical components and permitting issues are causing significant delays in building charging facilities for the US electric truck industry, highlighting an urgent need for infrastructure to support EV adoption.
The US electric truck industry faces challenges due to delays in the construction of charging infrastructure, caused by parts shortages and prolonged permitting processes. Startups and electrical equipment manufacturers report that shortages of key components, such as transformers and electrical steel, are adding months to charging facility construction timelines. The delays are exacerbated by a surge in demand from renewable energy projects, data centers, and semiconductor factories, straining the production capacity of electrical equipment suppliers. Trucking companies are under pressure to shift towards electric vehicles (EVs) due to new emissions rules and clean energy requirements. However, infrastructure build-out is lagging, with the installation of EV chargers proving more complex than anticipated due to permitting issues, site selection difficulties, and grid capacity constraints.
Source: The Wall Street Journal
A truck carrying flammable chemicals crashed and exploded on Route 3 in Clifton, NJ, killing the driver and forcing evacuations.
Q2 sees slower rate of trucking business exits, but market remains challenging. Here are the latest industry data and expert insights.
Driver wages remain the largest expense. Safety bonuses ($1,831 average) surpassed starting bonuses for the first time.
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