Trucking CEOs may grumble loudly about how difficult it is to hire new employees, but it is being done. According to the Bureau of Labor Statistics' employment report released on Friday, June 3rd, the truck transportation sector added a double-digit number of seasonally adjusted positions in May for the third...
What’s FAK’s problem?
LTL pricing and costing have always been enigmatic activities. Freight comes in a variety of shapes and sizes. The freight mix is always changing. An 87-year-old system determines rates by assigning a numeric classification–from 50 to 500–to all LTL shipments. There are 18 product categories to sort through. In an...
Common carrier means what for US railroads?
When a freight railroad in the United States contracts with a rail shipper of bulk commodities to transport products, the railroad is bound by federal law. The federal code is known as the common carrier responsibility. According to the definition of common carrier obligation, "a rail carrier providing transportation or...