Bulk Freight News & Industry Updates - Stay Ahead in Trucking

ERDAHL, Minn. Dale and Cindy Ekdahl got into the grain bin safety business more than a decade ago. Ekdahl and his family have trained first responders from 22 states on how to conduct grain bin rescues.

I WOULD HOPE THAT IF IT WERE MY KIDS, THAT SOMEONE WOULD STOP AND HELP THEM. WARREN BROWNLEE, ABF FREIGHT

Farmer's income depends on that crop. They might not be in a position to wait to harvest it and sell it.

Trucking generates more than $700 billion in annual revenue in the United States and is responsible for transporting nearly 70% of the nations freight annually. For many years, trucking was the lifeblood of US trade, but the glory days have come to an end. The industry is now facing a potentially life-threatening clot in the form of insurance costs that have risen so high, theyve rammed some trucking firms off the road.

A South Dakota man has been indicted in federal court on allegations that he was marketing conventional agricultural products as organic and using the proceeds to propel him to an extravagant lifestyle of yachts, jewelry and fancy vehicles in a Florida mansion.

Its been two years since the discovery of the grain glitch in the Tax Cuts and Jobs Act of 2017. A DTN report says farmer cooperatives are still asking Treasury Department officials to change provisions of Section 199A back to the way the tax deduction worked before the 2017 tax law was passed.

A truckers insurance company has been slammed with a $21 million verdict in a fatal crash case. Attorneys for the insurance company tried to claim that the trucker passing out behind the wheel was an Act of God, therefore, it was not liable for the crash.

A light harvest has weighed heavily on GrainCorp's financial position this season, but it has also triggered a $57.9 million insurance payout.

Air monitors, filter masks, better ventilation and more safety reminders among many options discussed Tuesday at the State Capitol as lawmakers focus on the recent spate of grain bin accidents and deaths on Minnesota farms. Plato farmer Brian Thalmann, past president of Minnesota Corn Growers Association, predicts more problems in 2020 because farmers were forced to put wetter-than-usual grain in their bins.

Dairy Farmers of America (DFA) announced it submitted a $425 million offer Monday to buy some of bankrupt Dean Foods assets. DFAs stalking horse bid sets the floor price of the sale of Dean, the countrys largest milk producer, to prevent low-ball offers ahead of its April 13 deadline and potential auction set for April 20. If Dean, headquartered in Dallas, accepts a rival bid, it has agreed to pay a breakup fee of $15 million to DFA, according to court documents.

With this acquisition, company culture was an important factor for ALC. While doing our research, the executive team was very impressed with the people and the culture they have created at DMTB said Eddie Lund, president of Allen Lund Company. We can confidently say that DMTB has a group that is team-oriented, maintains a strong work ethic, values customer service, and enjoys what they do. We are certain they are a great fit for our company.

https://www.bulkloads.com/tools/podcasts/blp-83-the-growth-of-us-trans-with-ray-royce/

A Missouri state lawmaker wants to prohibit driverless truck operations from using roadways around the state. Sponsored by Rep. Mike Moon, R-Ash Grove, the bill would require a trained person to be present in an autonomous vehicle. Specifically, the legislation would forbid vehicles from being operated in automatic mode on a highway or street unless a licensed, trained person is present in the vehicle who has the ability to monitor the vehicles performance and take control of the vehic

A low pressure system in the central Great Plains will move through the Midwest the rest of today and tonight, dumping moderate to heavy snowfall mainly in the northern Great Lakes. The heaviest snowfall should remain north of Chicago, Milwaukee and Detroit. Snow accumulations of 2 to 5 inches could impact drivers on several major interstate highways, including I-80, I-90 and I-94, just to name a few. Localized snow totals of 6 to 8 inches are possible, especially in northern lower Michigan,

AUSTRALIA is now the only country in the world with a permit to export feed grain to Indonesia after the ratification of a preferred trade agreement between the two countries earlier this week. The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) was signed on Monday with a quota of Australian feed grain to Indonesia and a grains-specific economic co-operation initiative being just two of the key elements.

Fuel efficiency has long been an essential component to the feasibility of trucking operations globally, given the low rate of payment to truck drivers in the mining, agriculture, distribution trade and other sectors which are centred around dedicated fleets of vehicles. Very often, the value of a tank of diesel is well above the drivers salary. According to Julian Spence, the managing director of Stinga Limited, a company which offers a range of electronic-based solutions to farm thef

What a difference rain has made.! Grain prices continued fall in the past week as grain supply concerns ease and the focus turns to an expected large winter crop planting in the autumn. Stockfeed wheat prices into the Darling Downs fell $15 last week to $450 a tonne with barley down $5 to $383. Only three weeks ago, wheat bids into the Darling Downs reached $470 which exceeded the highs in late 2018.

Later this year, the first Tesla Semis will be rolling out of a gigafactory. As with many of Musks plans, schedule is the least firm thing about them, as the trucks were originally going to be rolling in 2019. But the question that this article deals with is: What dynamics will shift in the rail vs. road shipping equation?

Green Plains, Inc., one of the largest ethanol producers in the U.S., is rolling out a new, high-protein animal and fish feed product.

While truckers are widely being feted as heroic frontline workers by a suddenly adoring public, theres a growing sense theyre being taken advantage of within the industry by opportunistic or predatory brokers. Accusations of price gouging by brokers, while difficult to quantify, have even attracted the attention of U.S. President Donald Trump, who said during a recent appearance on Fox & Friends its his belief that brokers are gouging truckers. When truckers took thei

The 40-year trucking veteran is a tireless advocate for the trucking industry and uses humor and honesty to share her cancer story to save others.

The U.S. trucking industry is massive, sustaining millions of stakeholders in a market that is worth close to a trillion dollars annually. Its sheer scale brings in volatility to capacity and volumes available to haul, determined by macroeconomic factors that dictate supply-and-demand equations across the spectrum.

"My mother always had a big garden, and she had a lot of chickens, and I'd help her can," recalled Marcia Taylor, owner and operator of one of America's largest trucking companies. "My dad always had a lot of wheat, soybeans and corn, so I'd always help him in the fields. It was a great way to grow up."

Harvesting canola in the spring can be frustrating. That means a lot of frustrated prairie canola producers will be climbing into combines in the next few months. Based on industry estimates and data from Statistics Canada, western Canadian farmers left more than two million acres of canola in the field this winter. That includes an estimated 900,000 acres in Alberta and the Peace River area, about 200,000 acres in southwestern Manitoba, and a million acres in Saskatchewan, primarily in provi

The regulatory scope of the Federal Motor Carrier Safety Administration (FMCSA) has steadily grown as the transportation industry itself has grown. Since its establishment in 2000, the administrations efforts to reduce highway crashes have generally been well-received by fleet owners and drivers alike. However, as the industrys go-to source for rules of the road, FMCSAs rulings often have failed to reach their intended audience drivers.

The Alberta government has introduced the Efficient Grain Dryer Program to cover half of the expenses associated with improving grain dryers. The announcement made on Monday is a $2-million grant that is funded through the Canadian Agricultural Partnership (CAP). Thirty-two per cent of crops in the Peace Region area were left unharvested during the last crop season because of an early snowfall. Agricultural and Forestry Minister Devin Dreeshen said the new grant will be key for northern Alber

WILLIAMSTON, Mich. (WDIV/CNN) Johnnie Lowe says hes a lucky man after a metal beam sliced through the windshield of his box truck and narrowly missed him.

As Aurora Cooperative's CEO suggests, farmers are looking to the future in virtual reality. The cooperatives annual meeting featured demonstrations on VR headsets. Its enough to make your head spin, which can also be said of the real deal as farmers battle uncertainty from the weather, markets, and trade.

Hundreds of trucking companies both large and small have shut their doors forever in the past few years, leaving thousands of drivers looking for new jobs. Unfortunately, there is no sign that these carrier closures are slowing down anytime soon. In the past year, companies including Celadon, Falcon Transport, HVH Transportation, and NEMF have all gone under for reasons including the loss of a major contract, increased regulatory burden, high insurance costs, or sky-high lawsu

Farmers in North and South America sued C.H. Robinson, the world's third-largest logistics company, alleging illegal business practices they say defrauded them, Texas Public Radio reported Friday.

Five individuals accused of participating in a two-year conspiracy to stage accidents with tractor-trailers in the New Orleans area have pleaded guilty to federal wire fraud charges. Three others also accused in an indictment last year of participating in the crash fraud scheme including the alleged ringleader were not included in the slate of plea bargains. One of the three accused died last year.

LONOKE -- Nearly 311,000 bushels of rice constituted 80% of a farm family's 2013 crop for which they never got paid, a farmer testified Tuesday in a trial related to the 2014 closing of Turner Grain Merchandising. The rice was shipped from Zero Grade Farms in Lonoke County to a Mississippi River port near West Memphis, where it was loaded onto barges for export, Mark Isbell, one of the five principals in Zero Grade Farms, said.

https://www.bulkloads.com/tools/podcasts/bulkloads-state-of-the-union-with-jared-and-hailey/

John Kent, clinical associate professor of supply chain management and director of Supply Chain China Initiatives at the University of Arkansas, said heavy-duty truck purchases is one of the metrics he follows to gauge the health of the trucking industry and noted the numbers have been mixed over the past several months, indicating uncertainty in the market. Freight rates might rise in 2020 because of lower capacity as carriers go out of business and shippers have the same amount of freight t

The group of farmers filed the lawsuit in federal court in Minnensota mid-January seeking a total of $1.1 billion for reportedly overcharging shipping costs while pocketing the additional profits and underpaying farmers for various types of produce from both North and South America.

WALNUT GROVE, Mo. The Better Business Bureau is warning people about a new scam. One that has affected job seekers and a trucking company in Walnut Grove Westermans Express LLC Owner Joe Westerman said since October, he has received 200 calls from people hes never met. Each call was about the same thing. People said that they were working for me, Westerman said. It was a package handlers job, and I was like no were a local company out of Walnu

We live in the age of Amazon, Ebay, and Facebook Marketplace, yet most physical ag commodities are still traded offline. Brennan Turner is the CEO at FarmLead, a company that uses digital tools to make grain transactions easier. FarmLead just announced their next product called Combyne, which allows farmers and traders to take their grain transactions online.

Looking back on it, maybe Tuesday, Feb. 4 was not the best day for the U.S. Senate Commerce Subcommittee on Transportation and Safety to schedule a trucking safety hearing. Taking place during the closing days of the impeachment trial of President Trump, hours before his State of the Union address and on the same day as the Iowa caucus, it is understandable why trucking safety issues were not top of mind for many on Capitol Hill.

Independent truckers in the North State are scared about Californias new state law that reclassifies independent contractors with exceptions as employees who are entitled to benefits and other compensation. They believe it will take away their livelihood. One local insurance carrier said he fielded 45 calls in one month from truckers, which prompted him to call the office of the new laws author, Assemblywoman Lorena Gonzalez.

When the coronavirus outbreak forced the cancellation of thousands of flights in China and, in the process, wiped out demand for jet fuel, refiners there did what they normally do in such situations: They looked across the Pacific to California. The problem is, there was already a lot of fuel on the water. As of late Wednesday, almost 3 million barrels of Asian jet fuel, enough to fill 4,000 Boeing 777-200 airplanes, were headed to California ports, according to data intelligence firm Kpler.<

Cooperative Elevator Co. is expanding its geographic footprint with the acquisition of Scoulars edible bean operations, which includes processing facilities at Plum Coulee and Morden, Manitoba, and St. Hilaire, Minnesota, as well as receiving stations in Garske and Grafton, North Dakota.

Market conditions over the past 18 months have made the trucking industry a hotbed for acquisitions, with larger carriers snapping up smaller carriers while that capacitys cheap and as part of the industrys ongoing in-fight for available truck drivers.

Market conditions over the past 18 months have made the trucking industry a hotbed for acquisitions, with larger carriers snapping up smaller carriers while that capacitys cheap and as part of the industrys ongoing in-fight for available truck drivers.

Despite a drier than average year, farmers around the Mallee town of Rainbow have had cause to celebrate. The wheat harvest has yielded a record result, with huge piles of grain now under tarpaulins and awaiting transport from the town's main storage sites. Much of it is destined for farmers battling drought in other parts of Australia.

The livestock industry continues to press federal transportation officials to grant the sector an exemption from hours of service (HOS) limits on transport drivers, arguing the rules are onerous and ignore the unique pressures of hauling livestock and other perishable commodities.

As payouts from nuclear lawsuits continue to reach eight figures, trucking companies cannot afford to take chances with their insurance coverage. Workers comp insurance protects companies from lawsuits claiming negligence, as well as from massive medical expenses and lost wages of employees injured on the job, while providing employees with job-related injuries or illnesses rehabilitation and other assistance. Failure to provide it can result in hefty fines and even the c

The trucking industry is kind of a big deal in Indiana one of every 14 jobs in the state involves trucking, and more than 15,000 trucking companies are located in Indiana. The majority of those companies are small-scale operations, but others are larger and heavily involved in the industry at a national level. No matter the size and scale of an Indiana-based trucking company, however, technological and economic changes often equate industry vulnerability.

FARGO, N.D. Hundreds of farmers and ranchers came to the Fargodome on Feb. 4 for the 2020 Northern Corn and Soybean Expo, with many taking in a sobering safety lesson. Since last fall, 21 people across the Midwest have died in grain bin accidents. On Feb

Lansing Trade Group is suing the four biggest U.S. freight railroads, claiming they're colluding to artificially inflate prices.

A bipartisan bill to create a dedicated pool of competitive grant funding for new truck parking capacity will be introduced in Congress in the coming weeks, according to backers of the proposal. The Owner-Operator Independent Drivers Association (OOIDA), which has been working over the past year to help craft language in the bill, wants to see the bill incorporated into the next surface transportation reauthorization.

Falling asleep at the wheel is a truckers worst nightmare. Fatigue comes with the job of driving an eighteen-wheeler, even with rules requiring rest stops and limiting driving hours. Now, new technologies are becoming available to alert drowsy drivers, sometimes even before they feel tired. Such tech has been slow to enter big rigs cabs, but that may be changing. The trucking

The trucking business used to be an offshoot of the farm business. Now, they are two totally separate businesses and treated as such. The trucking business is more profitable than the farming business today, he says.

Revenue per truck per week is defined as the total amount of linehaul and accessorial revenue generated by a trucking company, divided by the count of a carriers trucks, within a given week. The TCA Profitability Program (TPP) considers this measure a leading indicator, as higher readings (relative to historical or peer group results) should result in higher margins and profitability, unless it is consumed or absorbed by higher variable and fixed costs. When you invest in

When rates soared and capacity tightened in 2018, brokers recognized the value of building stronger relationships with their carriers. However, when capacity loosened in 2019, carriers lost pricing power and many of those relationships ended when hundreds of trucking companies went out of business. The current freight recession has caused many brokers to make changes to prevent further erosion of their carriers. Some have responded by identifying carriers they believe are critical to servicin

A coalition of railroads, local government, labor and other organizations is asking U.S. congressional transportation leaders to oppose proposed legislation that would increase truck size or weight limits on federal highways. In a letter sent yesterday to the chairs and ranking members of transportation committees in the House and Senate, the Coalition Against Bigger Trucks (CABT) called on Congress to reject proposed increases in truck size or weight as it prepares legislation to reauthorize

Theres no sugarcoating the situation facing the small group of trucking companies dedicated to hauling fuel from the Co-op Refinery Complex in Saskatchewan to gas stations and customers in Western Canada. Its bad. Really bad. The 26 companies, with 160 trucks and more than 300 drivers, havent been able to service the Regina facility on all but a single day since Jan. 20. The reason: a barricade by the union Unifor, whose members are in a bitter contract dispute with the r

Photos of a Peterbilt with solar panels on top and a Batman logo on the side of the sleeper have made their rounds online with sightings and posts from Pennsylvania to Arizona. Social media trucking groups are buzzing as many wonder whos truck is that? and how do you put solar panels on a truck? Well, The Trucker tracked down the owner of this striking Peterbilt and luckily, he was willing to share the details of what he says is just a work truck.&rdq

WASHINGTON A bill that would pave the way for commercial drivers younger than 21 to drive trucks across state lines received a resounding endorsement from an organization that represents freight industry interests nationwide during a Feb. 4 Senate hearing. Chris Spear, president and CEO of the American Trucking Associations, applauded legislation sponsored by Indiana Republican Sen. Todd Young that would lower the age requirement of 21 to 18 for interstate commercial driving.

In 1965, Continental Grain, a family company run to this day by the Fribourg family in New York, acquired a majority share of Allied Mills, breaking off a division dedicated exclusively to poultry that officially became Wayne Farms. Subsequently, Wayne Farms grew into the powerhouse it is today the sixth largest fully integrated poultry company in the United States with seven feeds mills, seven processing plants, and US$2.2bn in sales. With a vision of being the partner of choice for

For more than a century in big cities and small towns, grain elevators have stood tall as part of Minnesota's agricultural past. One such structure in St. Louis Park has a history that rises above them all. The world's first circular concrete grain elevator stands near the intersection of highways 7 and 100. The grain elevator was the idea of businessman Frank Peavy. After teaming up with an engineer, construction began and skeptics dubbed it "Peavey's folly," thinking it would never work. "C

Corn producers in the Texas Panhandle are banking on an increase in international exports to help offset prices remaining flat. Conditions appear right for a large supply of corn to be exported in 2020, but questions about a global public health emergency leaving some wondering how much seed or kernel to plant. We hope for good yields and good yields will turn to a good profit, said Dustin Babcock, farmer. I think the biggest struggle with corn in 2019, was the wet condit

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. American farmers waiting for all the benefits of Donald Trumps trade deal with China are going to have to wait a while. Theres been skepticism about Chinas ability to buy as much as $50 billion in U.S. farm goods ever since the pact was signed in mid-January. And while the head of Archer-Daniels-Midland Co., one of the worlds top agricultural commodity

BEND, Ore. (KTVZ) -- A convoy of truck drivers, farmers and others from Central Oregon opposed to the revised, still-controversial cap and trade" climate change legislation are heading back to the state Capitol early Thursday to join a major statewide protest rally. Since the initial bill, HB 2020, failed in the last session, lawmakers have made changes to the new bill, Senate Bill 1530. This will be the third year Democrats have tried to pass a cap and trade bill.

State legislators in Connecticut have scheduled a vote on a controversial plan to toll tractor-trailer trucks, paving the way for a fee on heavy-duty vehicles to pay for deteriorating highway infrastructure, news outlets reported. The vote, slated for the week of Feb. 10, was announced as hundreds of people packed a nine-hour public hearing on Friday to discuss Gov. Ned Lamonts latest transportation plan, part of a 10-year, $19.4 billion infrastructure plan to improve roads, bridges, a

A series of high profile crashes involving tractor-trailers recently has put highway safety and training for commercial truckers into question. How much training is required and is it enough? If you drive I-80, Highway 99 or I-5 on a regular basis, it may seem like more and more truckers are on the road. Did you know some qualify to drive in as little as a day? Its something the feds are trying to put the brakes on.

After a year of falling rates and closing companies, the trucking market seems to be stabilizing. This is good news for carriers who cannot afford another hit, but 2020 is not expected to bring surging rates. Carriers will have to think strategically to take advantage of moderate rate increases this year. The freight market appears to have pushed through the contractionary period and has stabilized entering 2020, FreightWaves Director of Freight Intelligence Zach Strickland said

In October, the Federal Motor Carrier Safety Administration (FMCSA) announced that they are considering making major changes to the rules truck drivers currently must follow. They are not yet passed, but if they are, it could complicate driving hours. These rules have bred contention throughout the trucking industry for years. Currently, these rules limit the number of time drivers can stay on the roads to 14 hours. After that time, drivers must rest for at least ten hours in a row. After eig

ATLANTA Saturday morning, two people perished in a fiery wreck on Interstate 85 near the Gwinnett-DeKalb county border that involved a tanker truck and two other cars. In the wake of the crash and the massive back-up that followed, there have been renewed calls for separating truck traffic from vehicular traffic in and around metro Atlanta.

The trucking industry is vital to the American economy. Whether you have been in the business for years or are looking to get into it, owning a transport company is a tantalizing prospect. With trucks delivering 70% of all cargo in the U.S., theres a significant potential for profit in becoming a business owner. There are more than 800,000 professional truckers in America, shipping $700 billion in goods. The rise of e-commerce means more companies will be looking to deliver their produ

Before containerization, breakbulk referred to everything except dry and liquid bulk. Prior to the SS Ideal-X, all non-bulk cargo was hand-loaded and hand-unloaded by longshoreman at the docks. The basic definition of breakbulk is any individual piece of cargo that does not fit into a container and is not carried in bulk. Breakbulk refers to cargoes that can be unitized, such as metal ingots or bales of pulp, as opposed to those that cannot, such as ore. A breakbulk cargo can be

By P.J. Huffstutter CHICAGO, Jan 30 (Reuters) - The coronavirus that is quickly spreading across China and beyond is not expected to have a significant business impact on global grain trader Archer Daniels Midland at this point, Chief Executive Officer Juan Luciano said on Thursday. The company, which operates in China, however, could be impacted if the coronavirus outbreak impacts the global gross domestic product, Luciano said during a post-earnings conference call with analysts. "We are in

The local cash basis market is holding up, especially in the eastern Corn Belt, at a time of the year when it isnt strong. However, farmers are reluctant to sell or not willing to sell enough of what the end users need, according to market experts. Greg Lumsden, product line leader, Cargill MarketGuide, agrees that there are multiple factors holding up the basis market.

The virus has cast further doubt on Chinas ability to buy $36.5 billion of U.S. agricultural goods in 2020. Traders were already questioning the commitment as rival soybean supplier Brazil harvests a massive crop and a deadly pig disease curbs Chinese demand for soy used to feed livestock. China, in the deal signed on Jan. 15, promised to buy at least an additional $12.5 billion worth of U.S. farm products in 2020 and at least $19.5 billion in 2021 over the 2017 level of $24 billion.

The Commercial Vehicle Training Association (CVTA) has vowed to try to shorten the two-year regulatory delay on new minimum training requirements for entry-level truck drivers. The Federal Motor Carrier Safety Association (FMCSA) confirmed in November it would extend the deadline for its entry-level driver training (ELDT) rule by two years, from Feb. 7 of this year to Feb. 7, 2022, based on public comments. This action will provide FMCSA additional time to complete development of the T

People working in the livestock transport game are often an animal person first and a truckie second. It takes a different kind of person to work in this sector of the transport industry. This is an important part of the culture in this sector of the transport industry. The livestock transport industry, has its own culture and there is certainly a lifestyle associated with it, says Athol Carter, Compliance Manager at Frasers Transport. Once its in your blood it&rsq

Mastering the grain markets is a constant battle for many farmers each year. From trying to sell at the highs or aiming to beat the lows in the market, knowing when to market grain can be a frustrating piece to the farming puzzle. However, University of Minnesota's Edward Usset says marketing grain is easy, its just not simple. He says the biggest mistake is storing grain too long, especially in the northern Corn Belt. "One of the mistakes I talked about is simply holding grain in stor

The Ohio Department of Agriculture (ODA) suspended all operations at Vista Grain, LLC in Washington Court House after discovering it was unable to cover its outstanding obligations to farmers. Vista Grain, LLC is located at 5738 Greenfield Sabina Road, Washington Court House, Ohio, with branch locations in Buena Vista and Lyndon. The grain handlers license, #6721, was suspended on Jan. 28 in order to prevent more outstanding obligations to be incurred and to facilitate a possible remed

The U.S.-Mexico-Canada Agreement is nearing final approval and the trade deal means a larger share of the trucks you buy will be sourced in North America, according to a panel discussion Jan. 27. It was a key topic of discussion this week as representatives of the truck aftermarket participated in the annual Heavy-Duty Aftermarket Dialogue, kicking off Heavy Duty Aftermarket Week outside Dallas.

California's AB 5 forces businesses to convert contract or gig workers to employees. Critics say the law is so broad, it's harming drivers and not just in the rideshare industry. "AB 5 will affect, really, any company that today takes the strategy of employing their drivers through a contract agreement," he said. "It's an after-effect for the trucking industry," said Clarke. Although effective Jan.1, the law's application to truck drivers has been temporarily held back by a federal in

This week, Kevin and Andrew sit down with Ryan Schreiber from CarrierDirect to discuss the future of technology in freight brokerage and how it will impact compensation for brokers.

Freight factoring company, Smart Freight Funding, helps trucking companies of all sizes keep their trucks moving by getting paid quicker. Smart Freight Funding works with single truck operations, individual owner-operator, and larger companies managing several trucks and drivers. We offer competitive low rates, quick pay, and superb customer service. The team behind Smart Freight Funding has more than 50 years combined driving, dispatching, contracting and accounting experience in

Of the 11.1 billion tons of freight shipped by trucks in the United States in 2018, 7.3 billion tons (two-thirds) were shipped less than 100 miles. Another 1.8 billion tons were shipped between 100 and 249 miles and 1.2 billion tons between 250 and 499 miles.

The year 2019 was a time of trucking "bloodbath": about 640 trucking companies filed for bankruptcy during the first half of this year alone, according to data from Broughton Capital LLC. But this hasn't been the only year that has seen major trucking services fold. Several trucking bankruptcies throughout the past few decades have left thousands of truck drivers jobless, some right before the holiday season.

As per the Hopper Bottom Grain Trailer Market report, this industry is predicted to grow substantial returns by the end of the forecast duration, recording a profitable yearly growth in the upcoming years. Shedding light on brief of this industry, the report offers considerable details concerning complete valuation of the market as well as detailed analysis of the Hopper Bottom Grain Trailer Market along with existing growth opportunities in the business vertical.

The global Freight Trucking market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each Freight Trucking market player in a comprehensive way. Further, the Freight Trucking market report emphasizes the adoption pattern of the Freight Trucking across various industries.

Reefer demand makes up roughly 12-20% of contracted freight market volume and is very seasonal. Reefer loads consist of more than just perishable goods like fruits and vegetables, but these are the types of items that create some of the biggest changes in market capacity. The infamous California produce season can drain capacity from all corners of the U.S. between April and June, which leads to increasing spot market activity and subsequently rates. Carriers will abandon contra

With a fleet of 145 trucks (mostly Kenworth), aluminum and steel dump trailers, and dry bulk pneumatic tank trailers, Perdido relies on its dedicated employees to provide superior customer service and on-time accident free deliveries. "We run predominantly Kenworth day cabs, T880s and T800s," said Huston Hollister, president of Perdido Trucking Service. "Our new T880s are driver friendly, no quest

Recognize the lyrics? Its the chorus from East Bound and Down, one of the most popular songs ever written about truckers. More than 40 years after its debut as the catchy theme song in the movie Smokey and the Bandit, Jerry Reeds classic still resonates. Ford Motor Co. revived it last year in a series of commercials about the F-Series. The chorus refers to the amusing movie plot of two bootleggers smuggling Coors beer, which in the 1970s was illegal to sell east of the Mississip

The trucking industry is still adjusting to the final transition to electronic logging devices (ELDs). Some relief may be on the horizon, however, as federal regulators consider whether to relax the hours of service requirements. Every solution has unintended consequences, and that is exactly what we are seeing now, says Boyd A. Stephenson, associate at Babst Calland. The supply chain is like a balloon, where everything is interconnected. You push on one part and another

Sioux Center, Iowa Two men who were employed as the general manager and assistant general manager of a Sioux Center-based grain coop have pleaded not guilty after they were indicted by a federal grand jury on charges of Conspiracy to Defraud the United States and making False Statements.

Googles self-driving vehicle project Waymo is moving forward with plans to put autonomous trucks on the road, but industry experts are not worried that drivers will be displaced in the near future or potentially ever. Im not the least bit concerned about truly driverless trucks, Brian Fielkow, president of multimillion-dollar trucking and logistics company Jetco Delivery, told FOX Business. I think we all see it is the future, and it

DON'T SINGLE US OUT, BIG TRUCKING WARNS: The trucking industry, worried that congressional lawmakers could turn to it when figuring out how to pay for a surface transportation bill this year, is launching a preemptive campaign against using truck-only fees as a pay-for. Any discriminatory funding schemes, like a truck-only vehicle miles traveled (VMT) tax, will be met with resolute opposition by the industry, and must be dismissed as a misguided and prejudiced funding gimmick, t

IHS Markit expects the dry bulk market is on the long-term recovery cycle, primarily driven by supply normalisation. The dry bulk fleet is expected to grow 3% in 2020, compared to 3.8 %in 2019. Considering the fleet is currently expected to have a scrubber retrofitted, fleet supply contractions on an annualised level are expected to continue with 1 - 2% of the dry bulk fleet offline in 2020. Iron ore trade looks promising with Brazil set to produce more iron ore in 2020 after the tragic dam a

In the entire shipping industry, a bulk commodity is referred to a substance such as coal, iron and grain, which is generally traded in large quantities and has a peculiar character which makes it easy for transportation. A transport system is generally designed to ensure that all its parts work together as efficiently and in a minimum possible time. Sea transport is one part of the transportation chain which helps in moving bulk commodities between producers and consumers from one place to a

U.S. corn prices are low compared to other suppliers, which should attract buyers, analysts said. Importers from Korea and Egypt have been in the market in recent days, according to traders, despite concerns about the quality of U.S. supplies. The deals with unknown destinations "will stir rumors of possible China sales following cash reports that China was inquiring at the end of last week," said Arlan Suderman, chief commodities economist for U.S. broker INTL FCStone. Most actively traded c

A group of American agriculture product shippers has developed draft service contract guidance that sets parameters for when ocean carriers can justify demurrage and detention charges for late pickup and delivery of containers at marine terminals. The action follows the U.S. Federal Maritime Commissions (FMC) recently proposed interpretive rulemaking for when it is appropriate to assess demurrage and detention charges, as well as precipitates the start to the annual service contract ne

Obviously 2019 was a challenging market to say the least, and Im glad its in the rearview mirror from a truckload operator perspective, said Justin Harness, chief marketing officer of U.S. Xpress. Its still to be determined what 2020 shakes out to be I do believe we will see some inflection in the supply-and-demand equilibrium at some point midyear.

Mother Nature is adding insult to injury as winter storms continue to make a mess across two regions recently hit. A blizzard blasted through the Midwest-Great Lakes region last Friday and Saturday, resulting in interstate closures and many accidents in several states. Except for last weekend, strong snowstorms have been hammering the Northwest, also closing roads at times. Additional delays are possible in these parts of the country over the next few days.

Pilot Flying J is changing its corporate name to the Pilot Company, reflecting its expanding petroleum business and the reality of finite growth in new truck stops in the U.S. and Canada, the company said Thursday. The Pilot Company is an umbrella for a retail group covering its industry-leading chain of approximately 1,000 travel centers, and its energy division, which includes 1,800 trucks that make up the nations third-largest tanker fleet. Every 18 seconds they deliver a load of so

A pair of recent deals are reshaping the structure of companies that serve the energy and bulk-hauling sectors in North America. Louisiana-based Dupr Logistics and Germanys Hoyer Group on Jan. 15 announced a joint venture to create Hoyer Bulk, a Houston-based operation that Hoyer Group said will focus on transport of liquid products. Dupr will control a 51% stake in the company, while Hoyer Group will hold a 49% stake. Both companies specialize in tanker-based transport