The constant market fluctuations can be overwhelming. That’s why industry veterans rely on proven strategies to navigate the ups and downs, making sure they stay profitable either way. We’re here to share a few of them. To make money, your business needs good relationships with freight brokers, tools to operate efficiently, and quick ways to…
The shipments component of the Cass Freight Index increased by 7.3% m/m in February, impacted by weather impacts on freight markets and a Leap Day, the main factor behind the 2.0% m/m increase in seasonally adjusted (SA) terms. Compared to last year, the index was 4.5% lower, and the smallest decline in ten months, according…
In the post-ELD Mandata era, the time available for drivers has become the primary factor in heavy vehicle productivity, and that time is increasingly impacted by traffic congestion. Each year, the American Transportation Research Institute (ATRI) provides insight into the trucking industry’s national, state, and metro area congestion cost trends based on vehicle operating costs,…
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 2.1 points in February to 72.8, inching higher for the third consecutive month, due primarily to increased optimism around home-selling conditions. The HPSI is a reliable indicator of demand for flatbed carriers invested in the residential construction market. Each month, approximately 1,000 American adults (age 18…
Most potatoes in the United States are now sold in processed forms such as frozen, chipped, dehydrated, or canned. With the introduction of french fries as a critical side dish in quick-service restaurants, the share of potatoes that go into frozen products has risen in each decade since 1979 (from 33% to 45% in 2021).…
You know firsthand the challenges of controlling operating costs while keeping your margins healthy. Salaries, fuel, equipment, tolls, insurance, licenses – it’s a lot. Let’s take a look at strategies that will give you more control over those costs. At the end of the day, your business is a margins game. Here’s how to keep…