Major factoring expansion strengthens Love’s position in the trucking finance market. Love’s Travel Stops has taken a major step forward in the freight factoring sector, finalizing the largest factoring acquisition
Stella Evans
Cheap Labor and CDL Abuse Are Reshaping the Trucking Market
A small fleet operator says compliant carriers are being pushed aside by ultra low cost labor and CDL questionable licensing practices, allowing freight to move at prices that no longer
Trucking Workforce Continues to Shrink, New Labor Data Reveals
Delayed reporting reveals a steady and ongoing contraction in trucking jobs. Employment levels in truck transportation fell to their lowest point in several years last month, according to newly released
Why AI Is Becoming Essential in Modern Freight Operations
Artificial intelligence is rapidly reshaping the freight transportation landscape. Motor carriers, freight brokers, and shippers now have access to an expanding range of AI-powered tools offered both as standalone solutions
DOT Advisors Propose Landmark Freight Tunnel and 1,000 New Truck Parking Sites
Proposal includes 1,000 new parking sites designed to boost capacity and streamline freight operations. A high-profile group of private sector experts advising the U.S. Department of Transportation is urging federal
Escalating Lawsuit Abuse Puts Heavy Pressure on the Trucking Industry
The commercial trucking sector is grappling with a surge in costly lawsuit and extreme verdicts at a time when carriers are already strained by economic uncertainty. A new analysis from
BMO’s Trucking Credit Performance Weakens as Portfolio Continues to Contract
Impaired loans jump by over $100 million quarter over quarter. Credit conditions within BMO’s transportation division a major financial backer of the North American trucking sector, continued to deteriorate in
Mack Begins U.S. Deliveries of Its First Pioneer On Highway Tractors
Two U.S. fleets have become the first carriers to officially receive Mack Trucks’ newest long haul flagship, the Mack Pioneer.The deliveries were completed through Tri State Truck Centers, Mack announced
How the Annual Capacity Shakeout Transforms the Trucking Industry
Winter Reset- As many drivers gather with family for the Thanksgiving holiday, the U.S. trucking industry enters a familiar seasonal cycle: the annual capacity shakeout.Every year, between Thanksgiving and Valentine’s
Fleets Engage Drivers to Spot Cost-Saving Opportunities
Incentive Programs and Open Dialogue Help Carriers Weather Economic Pressures Trucking leaders across the industry agree that combining realistic performance incentives with transparent conversations about operational costs can create stronger