The constant rise in diesel fuel prices has produced a tumultuous pricing environment in the freight business over the last few months, owing to the difficulty to precisely calculate fuel costs for bidding months, if not weeks, in advance of hauling the load. This annoyance is already potentially costly, but...
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Harvest truckers are putting a strain on an already tight market.
The trucking industry gears up for harvest season at the end of every summer, which generally adds to a further tightening of capacity — for a few reasons. For nearly a month, owner-operators who own farms remove their transportation capacity from the market to harvest and deliver products. Brokers also...
Q&A with economist Steve Pociask on how forced access can affect railroads
The Surface Transportation Board will hear from industry stakeholders on ways to solve reciprocal switching over two days in March 2022. Reciprocal switching happens when a shipper has access to one freight railroad but wants to transfer to a nearby competing freight railroad to maintain a competitive pricing environment. President...