CTA, OOIDA to appeal court decision upholding AB5 in California trucking

The California Trucking Association and the Owner-Operator Independent Drivers Association will appeal last month’s decision that rejected their latest attempt to block imposition of California independent contractor law AB5 on the state’s trucking sector. The decision to appeal the ruling to the 9th U.S. Circuit Court of Appeals, filed Friday with the U.S. District Court…

Estes to open at least 20 terminals this year

Less-than-truckload carrier Estes said Monday it will start opening terminals it has acquired from defunct Yellow Corp. as part of a “national expansion.” The carrier acquired 24 service centers for $249 million at Yellow’s (OTC: YELLQ) first auction, which concluded in early December. It picked up five leased properties for $35 million at a second…

March freight metrics flat with February, Cass data shows

Freight shipments and expenditures in March were largely in line with February, underperforming normal seasonal trends, according to the Cass Freight Index published Monday. The year-over-year (y/y) declines in both data sets eased again during the month. March shipments were down 2.3% seasonally adjusted from February and 3.6% from the same month last year. Without…

There are 10% fewer freight brokerages than there were 1 year ago – WTT

On Episode 706 of WHAT THE TRUCK?!?, Dooner is talking to Brush Pass Research’s Kevin Hill about his latest data on freight brokerages. There are 35% more freight brokerages than there were five years ago but 10% fewer than there were one year ago. Are we close to finding the floor in this market? We’ll…