United States Diesel Market Outlook
As of November 3, 2023, diesel fuel averages $4.45 per gallon, down from $5.17 in September 2022 but higher than the 2019 average of $3.06. Impact on Transportation Costs and Broker Fees High diesel costs are increasing transportation expenses.Motor carriers pass these costs to shippers, resulting in higher freight rates.Average van rate is $2.11 per […]
Factors to Consider When Selecting an FMCSA Service Provider
When was the last time your company did a full audit of your safety and compliance systems? If the answer is any longer than a quarter ago, then you will want to read this – Tips on how to choose the right FMCSA Service Provider. The speed at which regulations are changing makes it a […]
Data Integration: The Key to Trucking Company Success
The possibilities of today’s modern data processing technology are nearly endless—until it isn’t. Currently, technology is being used to track vehicle health, driver behaviors, collisions, routing, dwell time, fuel costs, temperature sensors, asset locations, and so on. When back-office and in-cab technologies are unable to communicate with one another, fleets experience a pain point that […]
COVID-19 Hours of Service Extension
According to the Federal Motor Carrier Safety Administration’s (FMCSA) latest notification, it plans to continue the national emergency warrants extension that is exempted from certain requirements in 49 CFR Part 395 (maximum driving time) of the Federal Motor Carrier Safety Regulations (FMCSRs) for the fifty states and the District of Columbia. About FMCSA’s Declaration No. […]
State of the Diesel Energy Markets & Contributing Factors
Diesel typically represents the largest single category of spending for transportation businesses. As a transportation fuel, diesel provides various benefits: better efficiency, performance, and safety. While maintenance and repair are necessary costs, an increase in diesel can substantially cripple businesses by inflating operating costs. In recent years, companies have struggled to maintain profitable trajectories with […]
Global Freight Market Overview
The global freight market and supply chain are complex and constantly changing. Understanding the factors that impact the market is essential for businesses planning to succeed. With the markets in a state of limbo, now is the time to look for resources to help weather any storm that may be on the horizon. Companies should […]