The MTA will be given close to $400,000 in yearly funding from the Manitoba government over the next four years to help promote residents about jobs in the trucking industry, and support workforce training for those already in trucking. Aaron Dolyniuk, MTA executive director, said in a statement: “Manitoba’s trucking industry needs to bring 4,300 drivers over the next four years into the industry to meet demand. That means we need to recruit, train, and retain a new driver in Manitoba every eight hours, every day, for the next four years,” Read more…
LOGISTICS FIRM XPO CUTTING JOBS
Logistics company XPO Inc is cutting jobs, even as “it surpassed Wall Street targets for first quarter adjusted profits” due to cost controls for waning freight demand. Many of XPO customers, such as Ford Motor Co, General Electric Co and Caterpillar Inc, have met with “a decline in shipments as high inflation and fears of an impending recession make consumers wary about spending.” – Read More
HOUSE SUBCOMMITTEE HEARS TESTIMONY ON TRUCKER ISSUES
The House Committee on Transportation and Infrastructure’s Subcommittee on Highways and Transit heard testimony recently from several leaders in the trucking industry, including Lewie Pugh, executive vice president of the Owner-Operator Independent Drivers Association, Anne Reinke, president and chief executive officer of the Transportation Intermediaries Association, David Fialkov, executive vice president for Government Affairs of NATSO, and Cole Scandaglia, senior legislative representative and policy advisor of the International Brotherhood of Teamsters. Some of the issues included “the need to attract younger drivers to the profession” and the importance of providing adequate truck parking. Read more…
TRUCKING INDUSTRY STAGNATION
According to experts, the trucking industry has “stumbled through the first first quarter amid a slowing economy and high inventories.” Allison Poliniak-Cusic, a Wells Fargo analyst, claims: “‘things are a bit muted than maybe we anticipated as we entered last year. A lot of macro uncertainty is still very much front-and-center. So, I would say from a volumes standpoint, earnings will be lower, volumes will be lower, pricing seems to be coming in at the lower end of where we thought originally.” Read More…
SHOPIFY OFFLOADS LOGISTICS BUSINESS TO FLEXPORT
Shopify is offloading its logistics business to the supply chain technology company Flexport, the two companies recently announced. The move “marks a reversal for Shopify, which had spent years building out its own logistics and order-fulfillment operations. The unit includes last-mile delivery startup Deliverr, which Shopify purchased last May for $2.1 billion, its largest acquisition ever.” Read more…
STATE BILL CHILLS SELF DRIVING TRUCK HOPES
California lawmakers put forth a high-profile bill that would ban the operation of heavy self-driving vehicles without a human on board. Assemblymember Cecilia Aguiar-Curry(D-Winters) exclaimed: “‘The callous disregard for these stewards of our highways and freeways, motivated by profit, is simply appalling. My motivation, on the other hand, is my commitment to Californians’ safety on the roads, and that safety is best protected by keeping well-trained human beings in the cab of 80,000 pound vehicles traveling at high speeds. When this industry proves to me, my colleagues, and our constituents that human-less trucking, and driverless school buses, are safer than our model in California, they will have the support to proceed’”. Read more…
TRUCKER DOWN HELPING TRUCK DRIVER FAMILIES IN NEED
Trucker Down, an organization that assists truck drivers and their families who are going through financial hardships, is set to hold a silent auction on Tuesday, May 23, in partnership with Dormie Network. There will be a plethora of exclusive memorabilia for auction, “ from an actual piece of coal that was recovered from the Titanic to exclusive vacation packages, autographed NFL gear and much more.” Read more…
TOTAL QUALITY LOGISTICS EXPANDING IN ST. LOUIS
Total Quality Logistics, the second-largest freight brokerage firm in North America, just announced that it’s “expanding its presence in St. Louis, investing $370,000 and creating 85 new jobs.” With this expansion, Total Quality Logistics will get aid from the Missouri Works program, “a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.” Read more…
EPA’S NEWEST PROPOSAL DRAWING IRE FROM TRUCKING INDUSTRY.
Building from the “Phase 2” greenhouse gas standards established in 2016, the EPA “is proposing a new and stronger set of greenhouse standards for heavy-duty vehicles for model years 2027 and 2032.” Coming hot on the heels of the EPA’s new national clean air standards to decrease smog-and-soot forming emissions, trucking professionals are decrying the move as a “regulatory blitz on small-business truckers.” Read more…
DEMAND FOR TRUCK TRAILERS REMAIN SOLID
With 16,800 trailer units having been booked during March, preliminary trailer orders “decreased sequentially and were lower against longer-term comparisons,” though overall demand is solid, according to ACT Research. Jennifer Mcnealy, director of commercial vehicle market research and publications at ACT Research, claims: “orders pulling back in March is a month earlier than normal seasonality would suggest, but near record-level order backlogs are easy to point to in explaining away the earlier-than-expected deceleration.” Read more…