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Industry Update - June 2, 2020 <h2></h2> <h3></h3> <a href="https://truckerpath.com/uploads/2020/06/b21.jpg"><img src="https://truckerpath.com/uploads/2020/06/b21-300x156.jpg" alt="" width="300" height="156" class="alignleft size-medium wp-image-4991" /></a> <h3><strong>DOT to Distribute 2.1 Million Masks to Truckers</strong></h3> The U.S. Department of Transportation will distribute around 2.1 million face masks to truck drivers. This is part of a larger initiative to distribute masks to transportation workers across the country. “Transportation workers are on the frontlines of keeping our transportation systems operational during this public health emergency and their wellbeing and safety is paramount,” said Transportation Secretary Elaine Chao. DOT announced that the masks will be sent out over the coming weeks through the U.S. Postal Service. The breakdown of masks by transportation sector is as follows: <ul> <li>Mass transit and passenger rail – 4.8 million</li> <li>Aviation – 3.8 million</li> <li>Maritime – 2.4 million</li> <li>Freight rail – 2.2 million</li> <li>Highway and motor carrier – 2.1 million</li> <li>Pipeline systems – 258,000</li> </ul> For detailed distribution locations and current dates of distribution, please visit: <a href="http://www.fmcsa.dot.gov/masks">www.fmcsa.dot.gov/masks</a> <h2></h2> <h2></h2> <a href="https://truckerpath.com/uploads/2020/06/b19.jpeg"><img src="https://truckerpath.com/uploads/2020/06/b19-300x156.jpeg" alt="" width="300" height="156" class="alignleft size-medium wp-image-4988" /></a> <h3><strong>Volumes Now Up 10% vs Last Year</strong></h3> <a href="https://www.freightwaves.com/news/volumes-fall-week-over-week-but-now-up-10-year-over-year">Outbound tender volumes are benefiting greatly from the reopening of the economy</a> and a release of pent-up consumer demand. Supply dynamics are taking longer to adjust and capacity remains loose. While rates are coming off a depressed base, spot rates have surged to $1.47 per mile and have increased in the vast majority of lanes. <h2></h2> Volumes should continue to be supported by most of the states reopening, continued plugging of the income gap by generous unemployment benefits and stimulus, auto plants reopening, and produce seasons kicking into gear. <h2></h2> <h2></h2> <a href="https://truckerpath.com/uploads/2020/06/b20.jpeg"><img src="https://truckerpath.com/uploads/2020/06/b20-300x156.jpeg" alt="" width="300" height="156" class="alignleft size-medium wp-image-4989" /></a> <h3><strong>Blinking Lights Cut Tanker-Truck-Crashes By Nearly 34%</strong></h3> As part of their safety efforts, Groendyke Transport installed $150 blinking amber lights to the back of their tanker trucks. They reported a 33.7% drop in rear-end collisions over a 31-month period, according to company officials. In addition, there were zero rear-end collisions at railroad crossing during a test period of one year and seven months. <h2></h2> The Groendyke Transport fleet currently has 900 trailers with the lights after almost three years of testing and now has <a href="https://beta.regulations.gov/document/FMCSA-2018-0223-0036">permission from FMCSA</a> to use them. <h2></h2> The cost of the strobe and installation is about $150. <h2></h2> <h2></h2> <h2></h2> <h4>By Aldous Aldwin</h4> <h3></h3> <h3></h3>

Jun 02, 2020 • Carriers

Industry Update - May 26, 2020 <h4>By Aldous Aldwin</h4> <h3></h3> <h3></h3> <a href="https://truckerpath.com/uploads/2020/05/b9.jpeg"><img src="https://truckerpath.com/uploads/2020/05/b9.jpeg" alt="" width="600" height="312" class="alignleft size-full wp-image-4941" /></a> <h3><strong>Load Volumes are Up by 7 Percent</strong></h3> <a href="https://www.freightwaves.com/news/another-great-week-for-load-volumes-now-up-7-year-over-year">Load volumes are up 7% versus last year even as import volumes are down.</a> Traditional produce markets in the Southwest have contributed to the largest monthly changes in volumes (Tucson, Phoenix). The rapidly improving consumer spending data is also playing a role in this growth. The reopening of most states is unleashing the pent-up demand from Americans who have grown tired of being on house arrest. <h2></h2> <h2></h2> <img src="https://truckerpath.com/uploads/2020/05/b13.jpeg" alt="Availability" /> <h3><strong>Truck Availability Falls 17 Percent</strong></h3> The availability of trucks on the spot market dropped 17.5% even if spot freight volumes on major lanes continued to grow last week., This is a probable sign that capacity is shifting to the contract market as industries open up. <h2></h2> Pricing power remains with brokers and shippers. <h2></h2> Here are the national average spot rates through the week: <ul> <li>Van: $1.55 per mile, 8 cents lower than the April average</li> <li>Flatbed: $1.86 per mile, 8 cents lower than April</li> <li>Reefer: $1.97 per mile, 4 cents higher than April</li> </ul> <h2></h2> <h3></h3> <img src="https://truckerpath.com/uploads/2020/05/b10.jpeg" alt="Amazon" width: 100%; height: auto;/> <h3><strong>Amazon Invests $4 Billion to Keep Employees Safe</strong></h3> In a Youtube video posted by Amazon, it revealed to have allocated $4 Billion on COVID-related initiatives to get products to customers and keep employees safe. Here's a breakdown of their initiatives. <ul> <li>Shipped 100 million masks to employees and partners</li> <li>To deliver 6 million meals</li> </ul> Watch the full video below. <iframe width="560" height="315" src="https://www.youtube.com/embed/yxQrMO2gcnY" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

May 26, 2020

Truckloads at McLeod Software User Conference

Sep 09, 2016