Transport Topics highlighted the volatility of fuel prices in a recent Tweet: Fuel’s ups and downs have left many carriers dizzied by an erratic market, but not all have had to pinch their pennies. Resourceful carriers are finding ways to cut fuel costs and beat the market, getting ahead on trucking’s most essential expense. Here’s… Read more »
From 2021 to 2023, tire prices have increased 21.4%… and they’re rising. Image courtesy of DOT-ready.com. Demand and inflation have propelled tire prices to crushing heights for carriers nationwide. As truckers seek to cope, many have scoured the market for pricing solutions on credible tire brands. Fortunately, the ECS tire program provides competitive… Read more »
As fuel prices gradually climb again, many carriers seek to outpace trends by cutting fuel costs. Fuel cards are the best way to save at the pump (just check out this article to see why ), but optimizing your truck for fuel efficiency is another fantastic way to save on your most significant expense. Here’s… Read more »
You might already know that the cold can send chills down your wallet when paying for fuel… but do you know how much the cold weather affects fuel? The US Department of Energy has concluded the following on fuel efficiency in cold weather: In gasoline-powered vehicles, most can expect to sustain a 10% to 20%… Read more »
One day after the new year, cargo thieves ravaged Memphis with a slew of thefts, including an armed robbery of a FedEx delivery truck. Tragically, experts are anticipating this kickoff is on par for 2024. “[Cargo theft] continues to trend upward, and there are no signs whatsoever that it’s going to slow down anytime soon,”… Read more »
As winter takes the US by storm(s) for the first few weeks of January, many carriers are interested in knowing if they should expect severe weather throughout the winter of 2023-2024. The NOAA provides helpful forecasts to help determine what can be expected in the winter months. Though these forecasts are instructive, weather can be… Read more »
To buy or not to buy, that is the question for most truckers in 2024. With such an overcapacity of trucks and trailers in the current market, many carriers have hesitated to expand their fleet—but is this hesitation justified? Despite a saturated market, there are some conditions in a buyer’s favor. Here are some of… Read more »
If all tires are spendy, semi-truck tires might as well be gold. No trucker can escape the considerable cost of semi-truck tires, but wise carriers can make the very most of the ones they have and get their money’s worth. To help you trim costs and stay safe, here’s how to make your tires last… Read more »
Though many indicators of the trucking industry are showing some promise, including fuel, demand, and other market vitals, others have anticipated more tepid results. Ultimately, the jury is still out as to the trucking industry for 2024. With the future of the market still uncertain, there are some notable trends that truckers can capitalize on… Read more »
In Q3 of 2023, CargoNet reported that freight thieves had stolen over $31.1 million in shipments. Based on the median US income, that’s enough to sustain more than 400 families for a year. Unfortunately, Q3 represented an alarming trend for freight theft. As freight theft continues to increase, carriers should practice preventative measures to mitigate… Read more »
