Post Tagged with: "trucking"

Truck Orders Dipped in November, Build Backlog Remains at Record

Truck Orders Dipped in November, Build Backlog Remains at Record

From Commercial Carrier Journal CCJ‘s Indicators rounds up the latest reports on trucking business indicators on rates, freight, equipment, the economy and more. Preliminary Class 8 truck orders in North America totaled 27,500 in November, according to FTR, with the market winding down after five consecutive months topping 40,000 orders. Novembers order total was the lowest of the year and the lowest since September 2017, but FTR says the dip was expected. North American Class 8 orders for the previous twelve months total a whopping 499,000 units. FTR says the build backlog remains at a record volume and few build slots remain for 2019. “It was expected that orders would fall fairly soon, as the available 2019 slots filled up,” says Don Ake, vice president of commercial vehicles for FTR. “A couple of the OEMs that had some open capacity actually had solid order numbers, while the rest appear to be nearly sold out for next[Read More…]

December 7, 2018 - 12:15 pm Closing Bell Story
Fatigue a Serious Concern Among Transportation Employers

Fatigue a Serious Concern Among Transportation Employers

From FreightWaves Do you have a fleet of tired truck drivers? That’s a big concern based on a new survey by the National Safety Council (NSC) that found 97% of transportation (covering trucking, rail, air and other transportation-related companies) employers are worried about employee fatigue. NSC notes that the results of the survey are not necessarily indicative of a widespread problem. For instance, 38% of transportation employers said they found an employee asleep on the job, but that percentage includes any employer who reported even a single employee asleep on the job. Still the survey’s findings back up what safety-conscience companies like SmartDrive have found in their research. And the number of transportation companies concerned about fatigue is reason to take action. “SmartDrive’s own research finds that fatigue is a large problem in the transportation industry. In fact, one of our studies of the trucking industry found that collision drivers are 61% more[Read More…]

October 2, 2018 - 2:44 pm Closing Bell Story, Energy News, Oilfield Services
Is Driving Without Drivers the Future of Trucking?

Is Driving Without Drivers the Future of Trucking?

Freight industry battles driver turnover at 90% From CCJ With driver turnover rates bumping 90 percent last year, shippers could find only one available truck for every 12 outbound loads — the lowest ratio in 13 years, according to DAT Solutions. As carriers fight for enough humans to keep trucks moving, the evolution of automation has put truck driving in an interesting place. How much longer will a human driver be necessary? Earlier this year, San Francisco-based technology company Starsky Robotics completed a seven-mile drive in Florida without a person in the cab. The truck’s flesh-and-blood driver was stationed some 100 miles away and monitored the tractor through a network of cameras and sensors. The goal of Starsky’s platform, where a human remotely drives the truck only on and off the highway before ceding control at highway speeds, is to ease the industry’s driver shortage. The remote driver “should be monitoring the truck[Read More…]

June 4, 2018 - 10:20 am Closing Bell Story, Transportation
Mullen Group CEO Blames Horizontal Multistage Frac Technology for Low Oil Prices, Layoffs

Mullen Group CEO Blames Horizontal Multistage Frac Technology for Low Oil Prices, Layoffs

Trucking CEO Predicts an Alternative to the Combustion Engine is Coming in His Lifetime At Truck World 2016, Canada’s national truck show that opened in Toronto today, Canada’s Mullen Group (ticker: MTL; Mullen-Group.com) CEO Murray K. Mullen gave an interesting perspective during a breakfast talk. Due to the oil downturn, in Canada, “100,000 jobs, $60 billion in earnings, and $33 billion in capital investments have evaporated, much of it in Alberta,” Today’s Trucking reported from the conference which opened today. It pointed out that the Mullen Group itself has laid off more than 1,400 people. Mullen’s company provides the oil and gas industry in Canada and the U.S. with trucking and logistics, and oilfield services. According to the company’s website, Mullen Group has 6,000 employees. “The job losses are the ‘biggest human tragedy’ [Mullen said], noting how these people are sometimes forgotten by those who think a few rich ‘oil guys’[Read More…]