In the News

Fleet Owner: How freight volumes, rates fared in May

Monthly market reports show optimistic conditions for May. ATA and DAT report freight volumes are finally up year over year for most segments.

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Truck News: Trucking Announcements: Bestpass appoints Moos as CEO, PMTC names YLG board

This week, Bestpass-Fleetworthy appointed Jason Moos as its new chief financial officer, and Jeff Clementz was named DAT Freight & Analytics’ chief executive officer, while the company’s chief financial officer, Tony Salazar, took on expanded responsibilities as chief operating officer.

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Journal of Commerce: US imports accelerate, but inland transport lags: CSCMP

Citing global and domestic concerns and crises, US importers are pulling orders forward to bring containerized freight into the US as early as possible, an international logistics executive said during a press briefing in Washington, DC, this week.

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Fleet Owner: DAT Robust reefer volumes boost May spot rates

“Stronger van and reefer volumes are consistent with May, when shippers move seasonal produce and retail goods and truckload capacity tightens due to the Roadcheck inspection event and Memorial Day holiday,” DAT’s analytics chief reports.

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Supply Chain 247: Meet the Top Food Chain Tech Firms of 2024

Food Chain Digest, the official magazine of the Food Shippers of America (FSA), has announced the recipients of the 2024 “Top Food Chain Technology” list. This annual program recognizes exceptional technologies in food transportation, logistics, distribution, and supply chain management.

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MSN: Analysis-Struggling truckers dent loan books for Canadian banks

Canadian truckers are struggling to make payments on their rigs as fuel prices rise and freight rates tumble, forcing banks to declare tens of millions of dollars' worth of bad loans.

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Fleet Owner: Transportation Transitions: New chief leadership announced

DAT Freight & Analytics recently named Jeff Clementz as CEO. Clementz joined DAT in 2023 as chief product officer, a role he will oversee until a new CPO has been hired.

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Reuters: Struggling truckers dent loan books for Canadian banks

Canadian truckers are struggling to make payments on their rigs as fuel prices rise and freight rates tumble, forcing banks to declare tens of millions of dollars' worth of bad loans.

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The Wall Street Journal: Logistics Report: Number of the Day

Average rate per mile under contract for truckload van transport across the U.S. in the first half of June, down three cents from May and 5.5% below the year-ago level, according to DAT Solutions.

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Transport Topics: Fleets Persevere Through Down Market With Care and Creativity

With an overabundance of freight-­hauling capacity, weak rates and higher operating costs all contributing to a challenging market for trucking companies, fleet operators have been increasing efficiency, embracing technology and collaborating with shippers to survive.

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