Tag: Trucking

The International Council on Clean Transportation (ICCT) tries to do good and unbiased work. Recently it failed badly, reporting that hydrogen fuel cell trucks in some categories could reach parity with diesel in 2030, and have parity or even be cheaper in 2040 in all categories. Further, it stated ...

In recent months, the trucking industry has experienced a noticeable sigh of relief as diesel prices took an unexpected dip. For companies that have been grappling with the uphill battle of rising operational costs, this downturn has been akin to a refreshing breeze on a hot summer day. The impact o...

The introduction of mandatory overtime pay for truck drivers, as mandated by the recent bipartisan bill, marks a significant shift in the trucking industry’s economic landscape. For trucking companies, especially smaller and medium-sized firms, this legislative change heralds a period of finan...

Delve deeper into the trucking industry’s calendar, and you’ll discern a rhythm as regular as the tides, driven by an array of forces ranging from retail demands to agricultural harvests. In the summer, for instance, the industry experiences what’s colloquially known as the ‘...

The downfall of Convoy extends beyond their internal operations. Small trucking companies, which had increasingly depended on Convoy’s digital freight network for business, now face an uncertain future. The shutdown forces a re-evaluation of reliance on technology-driven freight brokers. Tradi...

I’m going to have a discussion nobody wants to have. I’m going to talk about the end result of autonomous trucking. I’m not going to talk about whether we can do it, I’m going to talk about whether we should do it, and probably not for the reasons you migh...

Juan Tiburcio Martínez Arrazola has run a small trucking company in Mexico City for more than 34 years. But it wasn’t until last year, when he joined the transportation-focused financial platform Solvento, that he was able to get the liquidity he needed to pay for truck repairs and...

Recent innovations in financial services such as FinTech APIs, Banking-as-a-service (BaaS), and new payment infrastructures unlocked opportunities for embedded finance both in B2C and B2B sectors. Today consumers can pay for an increasing number of goods in installments by using Buy Now Pay Later (B...

Inthe summer of 2019, Richard Hernandez, an Arkansas truck driver, took what seemed like a straightforward job: Move 40,000 pounds of peanuts from the Planters factory in Fort Smith, Arkansas, to the Sam’s Club Distribution Center in Searcy, Arkansas, for $680. He found the job through Uber, w...

The trucking industry plays a pivotal role in the global economy, serving as the backbone of transportation for goods across vast distances. From delivering essentials to urban centers to transporting raw materials to manufacturing plants, trucks are the lifeline that keeps industries movi...

Trucking is an enormous industry, and as such, it’s pretty hard to segment it. There are many different ways in which you can slice this $700B market: short haul vs. long haul, less-than-truckload vs. full-truckload, by fleet size, and more. As a consultant at McKinsey, I was taught to brea...

The Trucking Industry The trucking industry stands as a symbol of relentless movement, a reflection of a world that never stops, and an engine that drives the global economy. To fully comprehend its significance, we must first recognize that the backbone of goods transportation comprises more tha...

From our previous learning materials, we have learned the importance and roles of variable and fixed costs, as well as markup or profit, and learned how all of them are computed or combined in order to come up with our initial pricing. This is what we call “Vat-Exclusive” or can also be ...

The industry’s shift toward electrification is more than a spark; it’s a surging current. Electric vehicles (EVs) are no longer the avant-garde playthings of eco-conscious individuals but are primed to become the mainstay of commercial fleets. The advantages are manifold — from the...

Optimized Routes and Delivery: AI can analyze vast amounts of data, from traffic patterns to weather conditions, ensuring trucks take the most efficient routes. This capability not only reduces fuel costs but also ensures timely deliveries, improving customer satisfaction. Predictive...

Imagine a whole new ballgame for truckers, where finding a job is as easy as ordering a pizza online. No more waiting for a dispatcher to ring or sifting through a mountain of job listings. Just a few taps on your phone, and you can pick a job and hit the road in no time. This cool change is all ...

The trucking world is a vast and essential part of the modern economy. From delivering consumer goods to transporting raw materials, trucks are the lifeblood of commerce, ensuring that products reach their intended destinations efficiently. If you’ve ever considered a career that involves trav...

Jerry delivers all types of petroleum products, is based in southern Virginia and travels mostly around the state. He’s been driving for more than 35 years and has four million miles accident free. As a twice nominee for the NTTC Driver of the Year finalist honor, Jerry deeply understands the ...

When you are an over the road (OTR) driver, you work, live, sleep, eat, and often even go to the bathroom in your truck. You are chained to it for the full time you are out. Most OTR companies have drivers on the road for three weeks, then three days home. Even on days you don’t...

In order to accomplish these objectives, we developed a finite state machine (FSM) that stores the state of the load assignments to drivers at each time step, and changes the state as new information about loads and driver’s destination information from the previous trip becomes available. To ...

Kierra Henderson, aka “The Trucking Guru,” has over 20 years of experience in the transportation industry. As the leader of a remarkable fleet of 140+ trucks and a multi-million dollar brokerage and dispatching company, Kierra has established herself as a titan in the field. Kierra&rs...

In the data-driven era, making informed decisions is a competitive advantage. TMS provides a wealth of data and analytics, offering valuable insights into key performance indicators (KPIs) such as delivery times, fuel efficiency, and driver performance. This data empowers logistics managers to ident...

There’s nothing like a gut-wrenching action film that has you clenching for dear life at the climax and leaves you slack-jawed with peeled eyes at the end. The fact is you probably haven’t had such an experience since the late 90s when films were truly raw, gritty and based on storyte...

More than 60 years ago, construction began in what is perhaps one of the greatest public works projects in the history of the United States, one that changed the trucking industry in America forever: the Interstate Highway System. It’s hard to imagine today but before 1956, when the Federal...

Introduction The trucking industry plays a crucial role in supply chain management, responsible for transporting goods and materials from manufacturers to retailers and consumers. In this article, we will explore the role of trucking in supply chain management and why it is essential to the globa...

I’m confident the answer is Kodiak Robotics, and I’m proud to announce that I’ve just joined as their Head of Hardware! What makes Kodiak unique is its vision of applying self-driving technology to long-haul trucking paired with an excellent team; this focus and experience are why ...

On Friday, pick up at a scrap yard. The most memorable scrapyard, guarded by a Mexican — Army steel pot on, with major dents, in Chicago. Waiting in line, the noise, dust, and comings and goings Other trucks, employees, and the homeless and addicted. Beat up pick-ups, bicycle trailers, ...

When young children are asked what they want to be when they grow up, the typical responses are doctor, firefighter, nurse, teacher — all very well-known, respected professions. Children are often encouraged to pursue these types of careers. Occasionally, a young person interested in trucks mi...