You don’t have to be an economist to notice the disastrous effects of rising fuel costs. Each day, transport fleets and ordinary consumers are feeling the pain of higher prices at the pump. It’s hard not to feel like you’re being price-gouged each time you fill your tank. But who’s really doing the gouging?

From crippling inflation to ongoing supply chain issues, there are many alarming trends in the modern transport economy. One of the most concerning issues is the rising threat of a major diesel shortage. If this should become a reality, it could deal a huge blow to a transportation economy already facing existential threats on several

As the fiscal third quarter draws to a close, the freight market is slowing, but not collapsing like the spot market just yet. A muted fall freight season can be expected as consumer spending shifts focus from goods back to services. Inflation, which continues to increase prices on essentials, will also eat into consumer spending

Freight tracking softwate FourKites claims to provide end-to-end visibility across your entire supply chain, and is used by major brands such as Coca-Cola, Nestle, and Walmart. With over 2.8 million shipments tracked daily in 200+ countries on FourKites, this and similar platforms are having a big impact on the way freight is managed. What exactly

Shippers and carriers alike may notice that the number of freight brokers vying for their business seems higher than ever. Can demand possibly support the number of brokers in the market today? Key economic data may help to explain the current growth in the brokerage market, as well as what the future

Efficiency and productivity are the keys to success for any transport operation. This means carriers must get the maximum number of miles from their drivers that can be safely and legally driven. By law, drivers can stay behind the wheel for 11 hours (after 10 hours of rest) in a 24-hour period,

The transport market remains highly volatile. Lingering issues such as driver shortages, high inflation, and record fuel prices continue to plague the industry with no sign of relief in sight. According to some transport industry sources, the fourth quarter of 2022 could be an ideal time for shippers to begin bidding. The theory is that

In the first and second quarters of 2022, some experts remained optimistic in the face of gathering economic troubles. Now, in the year’s third fiscal quarter, the situation remains troubled at best. Though officials have stopped short of announcing a recession, first and second quarter GDP numbers were in the negative. The

California Governor Gavin Newsom signed Assembly Bill 5 (AB5), commonly known as the “Gig Worker Bill,” into law in September of 2019. This legislation went into effect on January 1, 2020, and required companies that employ independent contractors to reclassify them as fulltime employees. AB5 represents a major shift in employee classification

The impact of California’s Assembly Bill 5 (AB5) on the transport market is a hot topic across the industry as of late. AB5, also known as the “gig worker bill,” requires companies that employ drivers who were one considered contract workers to now be listed as full-fledged employees. For transport companies that