Posted: 07 Mar, 2019 by Pat Pitz

California experienced a 3-year period of exceptional drought in 2014-2016, but this year the state has plenty of water. The snowpack in the Sierra Nevada mountains is the fifth largest in the past 40 years, and many of the state's reservoirs are at above-average levels. The Sierra snowpack supplies...

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Posted: 06 Mar, 2019 by Pat Pitz

The spot market continues to offer a mixed bag. Van volumes got a late-winter boost on the West Coast, which led to higher rates on many high-traffic lanes, but it wasn't enough to lift prices in the interior of the country. As a result, we saw continued decline in the national average rates for van...

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Posted: 27 Feb, 2019 by Pat Pitz

At first glance, it looks like the van spot market took a step back last week. Rates fell in most of the top 100 van lanes, but the big drops were all in lanes where rates rose in the prior week due to snow that closed mountain passes on those routes. The core lanes from top markets remained co...

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Posted: 27 Feb, 2019 by Mark Montague

You’ve likely heard reports that there’s a shortage of drivers in the trucking industry. There have also been reports that a record number of heavy-duty truck orders from last year is creating a capacity surplus. So, which is it? How can we have a surplus of trucks and a shortage of driv...

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Posted: 22 Feb, 2019 by Pat Pitz

How big will your tax refund be this year? Thanks to the Tax Cuts and Jobs Act — which applies to the 2018 tax year — most taxpayers will see a reduction in their total tax bill for 2018. There are 3 significant changes to the tax code that should let taxpayers keep more of their money t...

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Posted: 22 Feb, 2019 by Donald Broughton

The annual reports have all rolled in from publicly traded transportation companies, and it's obvious that 2018 was a record-setting year in many ways.  Trucking companies of all sizes enjoyed unparalleled financial success in 2018, with the largest increases in total revenues and operating pro...

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