COVID-19 and Trucking

COVID-19 and Trucking: Industry News for May 6

Selected COVID-19 and trucking industry news that may impact your business.

As of May 6, 2020:

TravelCenters of America begins reopening dine-in restaurants

FreightWaves

TravelCenters of America (NASDAQ: TA) is slowly reopening dine-in restaurants at its travel plazas where allowed, but some changes forced by the COVID-19 pandemic may never be reversed. Read More

With rates ‘nowhere near sustainable’ for independent truckers, debate stirs over ‘re-regulating’

Overdrive

The COVID-19 pandemic has been an especially confounding event for independent truckers. I had a conversation yesterday with TBS Factoring Service President Jennifer Lickteig. Asked for her thoughts on the position of her owner-op and small fleet clients through it all, she invoked the sort of rock and a hard place situation Daniel and Phyllis Snow and so many others have voiced. Read More

ATRI Survey Reflects Drop in Congestion, Haul Length

Transport Topics

Lighter traffic congestion and shorter hauls are some of the outcomes from the coronavirus pandemic’s effect on trucking operations. Read More

Illinois DOT, Volunteers to Offer Free Meals to Truckers

Transport Topics

The free food events will be held at weigh stations, rather than rest areas, and will have maximum time limits of three hours. Truckers can call on participating weigh stations on Mondays, Wednesdays and Fridays. Read More

Some markets show growth in freight volume, but rates still lag

Overdrive

The national average spot van rate hovered around $1.50 a mile during the week ending May 3, a four-year low despite improving freight volumes, said DAT Solutions, which operates the DAT load board network. Read More

Survey confirms how much trouble COVID-19 has caused for trucking

CDL Life

A new survey provides data on the problems that truckers are facing during the COVID-19 pandemic. Read More

Broker blues: Carriers cry foul on brokers as COVID-19 stall erodes spot market rates

CCJ

For Northeast Transport, out of Crawford, Maine, business was strong at the start of the COVID-19 outbreak. Read More

Transportation Liquidity and Credit Analysis in a COVID19 Driven Recession

FreightWaves

When the financial markets come under stress and the U.S. enters a recession, credit
analysis always comes back to the forefront and is the most important consideration
of investors. This is where we find ourselves now in the aftermath of COVID-19
becoming a global pandemic that has effectively shut down much of the global
economy. Read More

April Class 8 truck orders hit 25-year low

FreightWaves

Preliminary orders for Class 8 trucks plummeted to a 25-year low in April, the first full month of the coronavirus pandemic that impacted wide swaths of the economy, including new truck production. Read More

Maryland troopers are cracking down on speeding semis and cars

CDL Life

Maryland State Police say that they are conducting enhanced patrols in response to an uptick in speeding and truck crashes. Read More

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