Source: Freightwaves Since Labor Day, spot prices for the three main equipment types of dry van, refrigerated (reefer), and flatbed cargoes have been slowly falling. The decreases have been minor, with the all-inclusive rates for chilled goods reducing the highest (4%) and van and flatbed freight falling just over 1%....
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‘That man was insane!’ Self-driving trucks must account for risky drivers
TUCSON, ARIZONA (AP) – According to insurance industry figures, nearly seven out of ten car accidents happen within ten miles of home. It appears to be true even for self-driving trucks. On a sunny Wednesday morning last month, an otherwise unremarkable ride in TuSimple's high autonomy-equipped International LT became dangerous...
Should the LaserShip-OnTrac merger concern FedEx and UPS?
FedEx Corp. and UPS Inc. are expected to generate close to $200 billion in combined annual revenue by the end of their reporting years: UPS's on Dec. 31 and FedEx's on May 31 of the following year, depending on how the holiday season goes. It's understandable that a combination between...