National diesel average falls for first time in six weeks, reports EIA

With a 1.1-cent decrease, the national diesel average came in at $3.160 per gallon. This follows gains of 0.002 cents, 2.2-cents, 2.7-cents, and 2.5-cents, respectively over the previous three weeks.

New truck exchanges offer hedge, but come with risk

Shippers nervous about volatility in US truckload rates have two new options to hedge risk in the form of exchanges,...

Reorganized, loss-making Roadrunner gets funding

 After a sweeping, two-year reorganization that culminated in a rights offering that effectively transferred its ownership last month, Roadrunner Transportation Systems is a leaner, if...

Venture capital focuses on tech for big BCOs

 The $97 million Los Angeles-based NEXT Trucking received this week, which pushed...

Schneider taps broker software to lure trucks

 Schneider National, one of the largest freight brokers in North America, is turning to...

US shutdown delays Roadrunner's financial revision

The partial US government shutdown put a stumbling block in the path of Roadrunner Transportation Systems’ rights offering, delaying its...

GlobalTranz to fuel 2019 logistics M&A spree

The freight brokerage GlobalTranz plans to continue into 2019 the acquisition strategy that fueled its growth in 2017 and 2018, executives told JOC.com this week.The...

Less ‘flashy’ logistics tech holds most immediate payback

Logistics technology these days generates more buzzwords than a Christmas tree has light bulbs — blockchain, artificial intelligence (AI), visibility,...

Choosing a US truck broker partner

In our most recent newsletter we talked about how important brokers are to reaching the small and midsize fleets that are exploding with growth. Need a quick recap? The number of new drivers working in fleets of fewer than 100 trucks grew 332,000 between 2012 and 2018. The number of new...

Brokers and forwarder should weigh in on FMCSA rulemaking

At the end of September, the Federal Motor Carrier Safety Administration (FMCSA) posted an "advance notice of proposed rulemaking" (ANPR) regarding the financial responsibility of freight forwarders and brokers. With the new rules it eventually proposes, the FMCSA's will seek to implement stricter financial responsibility requirements. Such requirements may include the...