Archive for trucking

A New and Better Way to Manage Freight Trucking Risk?

I was recently informed of the new start-up company named TransVix that is developing a US trucking futures exchange market. Admittedly, my logistics research is focused more on warehousing than on transportation. However, I do have a solid understanding of both logistics and financial markets, and of financial derivatives such as forward contracts and futures. So I thought I would take this opportunity to discuss the concept of trucking futures and provide my perspective, and […]

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New Food Safety Regulations Impact Truckers

The U.S. Food & Drug Administration (FDA) is, step by step, implementing new rules based on the Food Safety Modernization Act (FSMA).  The goal of these efforts is “to protect foods from farm to table.”  The rules fall most heavily on food manufacturers, but they also impact truckers. The deadline for the section of the regulations known as the Preventive Controls for Human Food began this week. I turned to Jon Sampson to explain these […]

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This Week in Logistics News (October 10 – 16)

Cubs win! Cub win! And for the first time in the 100 years the Cubs have been playing at Wrigley Field, they clinched a post-season series at home. As Jason Stark pointed out, this was the 7,907th game played at Wrigley – and they finally clinched a series at home. This series also marked the first time since 2003 that the Cubs have won a post-season series at all. As a life-long Red Sox fan, […]

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How to Use a TMS to Ride the Market Rollercoaster

In the trucking business, market volatility is part of the terrain.  But in recent years, fluctuations in supply and demand seem to have become more erratic.  So how can shippers use transportation management system (TMS) technology to help deal with these market swings? A number of forces, both manmade and natural, feed the market’s ups and downs. As Jason Craig relates in his Transportfolio blog post Turning of the Screw: The Pressure Supply Chains are […]

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This Week in Logistics News (April 12 – 18)

This past Tuesday, April 15, marked the one year anniversary of the Boston Marathon bombings. It was a moment that brought shock, terror, sadness, anger, strength, and pride to the city of Boston. The local and national media have done a terrific job of capturing the raw emotion of the events, and the healing process of the last year. I don’t feel it is necessary for me to recount my thoughts and opinions of the […]

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Guest Commentary: David (ASECTT) takes on Goliath (FMCSA) in CSA/SMS Battle in U.S. Court of Appeals on September 10

In the fall of 2010, before initial publication of CSA/SMS data, three trade associations sued the FMCSA in the United States Court of Appeals for the DC Circuit. The case was National Association of Small Trucking Companies et al. v. Federal Motor Carrier Safety Administration (No. 10 1402). That suit resulted in a settlement in which the FMCSA agreed, among other concessions, to the following definitive language on the CSA website: “Unless a motor carrier […]

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What is the Future of Truckload Transportation?

There’s been a common thread in my conversations with shippers over the past few years: their desire to take freight off the truckload grid — i.e., minimize the number of one-way truck shipments they make. This desire is driven by a number of factors, including: Capacity concerns: A lot of capacity has left the market since 2008, with many carriers going bankrupt when the recession hit and others downsizing their fleets. This hasn’t been a […]

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Takeaways from Shipper-Carrier Roundtable at Momentum 2013

What happens when you bring together a large group of shippers and carriers and put them in a conference room? At the Manhattan Associates Momentum 2013 conference last month, the answer was a great conversation about transportation trends, challenges, and opportunities. I had the privilege of moderating this year’s Shipper-Carrier Roundtable, which included the following executives from the industry: Joshua Dolan, Senior Director, Transportation at Dick’s Sporting Goods Arne Gonzales, Director, Supply Chain at C&S […]

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Guest Commentary: Making Operational Sense of Natural Gas

As a major burner of fossil fuels, the trucking industry appears to be a good candidate for adopting cleaner, more cost-effective natural gas as a fuel. However, while the case for conversion is strong, it is not clear cut. The pros and cons were discussed at the American Trucking Association Natural Gas Summit in Washington D.C., on November 28th, 2012. The strong economic arguments in favor of natural gas were laid out in the conference, […]

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Clock Ticking on Hours of Service (and Other Trucking Risks)

It’s been more than a year since the U.S. Department of Transportation announced its final rule on Hours of Service (HOS) (read my comments at the time in “Hours of Service Rules Changed, But the Big Picture in Trucking Stays the Same”). The compliance date of July 1, 2013 seemed so far away back then, but with January almost over, the deadline for compliance is just a few calendar pages away. The table below summarizes […]

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