Retail diesel prices as measured by the Department of Energy/Energy Information Administration weekly average are starting to react to an overall bullish market in crude oil and petroleum products. The weekly number, the benchmark used in most fuel surcharges, rose 6.5 cents a gallon Monday to $4.061 a gallon. It’s the largest one-week increase since…
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Although transportation rates are still relatively low, companies have seen their overall logistics costs increase over the past few years. A big part of that has been due to increased…
WASHINGTON — The Federal Motor Carrier Safety Administration says only 113 motor carriers have applied for its under-21 truck driver apprenticeship program since the agency began accepting applications in July 2022, a dismal sign for an initiative that had been expected to recruit up to 1,000 carriers and 3,000 drivers. The data, included in a…
For brokers and carriers used to finding each other only through load boards, the upcoming in-person Broker-Carrier Summit on April 22-24 in Kansas City, Missouri, seeks to take those relationships to the next level. “What we’re doing is creating something completely new in the industry. We’re bringing brokers and carriers together, especially those small to…
On Episode 703 of WHAT THE TRUCK?!?, Dooner is kicking off the eclipse by taking a look at the freight market. Will eclipse disruptions have any impact on rates? Woo pig! We’re talking to the University of Arkansas about its supply chain program — what students are learning, how the program works, how you get…