Month: January 2018

It’s a big turnaround from recent years when there wasn’t enough freight demand to fill up all the nation’s trucks and drivers struggled to get attractive rates. This year will be the best for the trucking industry since 2005, said David Ross, an analyst at Stifel Financial Corp. “There are real serious constraints on capacity – mainly a lack of sufficient amounts of qualified drivers – that should drive trucking rates much higher as we move through the year.” “The rates are the best I’ve seen in several years,” Jim Kienbaum, an independent refrigerated truck driver from White Water, Wis., told Trucks.com. Both were about double previous rates.

Rates “were astronomical coming out of Arizona last week,” he said. and inclement weather has pushed the need for more for trucking services, bumping up rates significantly from a year earlier, said Mark Montague, an analyst at DAT Solutions, which tracks freight and rates. Rates for the week of Jan. Rates for refrigerated freight remained unchanged at $2.70. Freight rates still remain higher than at any time in 2017, according to DAT. Freight rates should remain high throughout the year, despite a possible dip because of less freight in February and March, before spring rates surge, Montague said. attributes the surge in rates partially to the ELD mandate, which took effect Dec. get more involved in being proactive to solve these issues like reducing wait times, better communication with carriers so trucking operations become smoother and more efficient,” Montague said.

Shippers expect rates to continue to climb because there are not enough trucks or drivers to handle freight demand, according to the analysts at Stifel. “We are seeing some really crazy high rates right now,” said Linda Caffee, who is half of a driver team with her husband, Bob, of Silex, Mo. “The freight is there and the rates are there.” Last year was the best year the Caffees have experienced in their 13 years as owner-operators.

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He was cautious a year ago about investment, exports and government three of the five elements that make up TEA, the other two being consumption and imports but by the end of the year, government spending was the only area of caution.Dieli uses a tool called the Enhanced Aggregate Spread to help him forecast market conditions.

At the end of the third quarter of 2017 (the latest period for which figures are available), all areas of TEA have shown growth, aided by truckable investment and truckable exports, but truckable consumption was the true driver of the growth.

He expects this to continue with employment continuing to rise.Looking forward, Dieli said TEA is continuing to follow the path normally associated with the expansion phases of the economic cycle.Dielis forecast model shows that for 2018, the expansion will continue and TEA growth will remain positive. The drag on TEA seems likely to persist this year.

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The topic of women in the workforce has been and continues to be, a trending topic. Our representation in trucking shadows our male counterparts: federal labor statistics show that women comprise just 27% of the transportation workforce. Overall, women represent only 3% of drivers, technicians, and mechanics. Trucking HR Canada highlighted the lack of women in the trucking workforce as an issue in 2014 when our national Women with Drive advisory committee was formed. The committee is led by 18 accomplished women and men, including company presidents, senior managers, and HR leads.

We came together with a common vision to support employers in recruiting and retaining more women in trucking. With women comprising 48% of the Canadian labor force, this effort isn’t simply a question of “Doing the right thing.” It is first and foremost a business issue for an industry facing significant shortages in key occupations. Occupations from funeral directors to architects have managed to increase women representation over the past couple of years. Each year, we bring transportation professionals together, both men and women, to learn from each other, share success stories, and nurture our networks. We have fun doing it! And each year, there are more young women in attendance. As someone born in 1990 and has attended the event since its inception, here are some of my key takeaways from my experiences at our Women with Drive Leadership Summit: 1. Recruiting and retaining women is a business issue At our event last year, Stephania Varelli from the Women of Influence organization told us that economies do better when women do better.

The Women with Drive Leadership Summit brings together a variety of people in transportation. This diverse mix shows young women, whether they’re in high school or already in the workplace, that a career in our industry is not only an option but a career of choice for many. I hope you’ll join me at our 2018 Women with Drive Leadership Summit, starting with a reception on February 28 and continuing with the full-day event on March 1 in Toronto.

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But because the trucking company, Bert Baxter Transport Ltd., cannot prove the damage did not arise through the negligence or improper conduct of its driver, it must pay damages to Duraroc Consulting Ltd., Smith said. A semi tractor-trailer unit owned by Bert Baxter Transport Ltd., driven by Anthony Dale Voth, was traveling through Saskatoon when it left Highway 11 just after passing under the Highway 16 overpass in the city’s southeast. Bert Baxter Transport argued that the crash was caused by unforeseen circumstances and could not have been prevented by exercising normal care and that because there is no evidence the company or its driver acted negligently, it should not be liable for the damages. Duraroc noted Bert Baxter Transport presented no evidence that the crash was unavoidable and should be responsible for damages.

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