Category Archives: General

for the items to the left

Coronavirus Spurs New Incentives for Drivers

Motor carriers are developing incentive plans to provide drivers with bonuses and financial support as they serve on the front lines of the country’s battle against COVID-19.

“Our focus on our drivers has been to support them with a comprehensive COVID financial package,” Werner Enterprises CEO Derek Leathers told Transport Topics. “We have chosen to not do a fleetwide incentive, but rather focus money where the need arises.”

CARES bill opens billions in relief to small trucking companies

Small trucking companies and other businesses in danger of permanently closing their doors as a result of COVID-19 can apply for immediate relief under the stimulus package expected to be approved tomorrow.

After the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act passed the Republican-controlled U.S. Senate late yesterday by unanimous vote, U.S. House Speaker Nancy Pelosi (D-California) said her chamber will be taking up the legislation...

Read more

Freight data and wishful thinking


West Basin Container Terminal accounted for 17% of the Port of Los Angeles cargo in fiscal year 2018-19. (Image: Port of Los Angeles)

Woe to the analyst of freight markets who departs the kingdom of volume, capacity, and rates for the fairyland of hopes and dreams.

A blog post this week by DAT calls for an imminent rebound in trucking spot rates. Meanwhile, the average trucking carrier stock is down...

Read more