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On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80 miles with no human on board from Tucson, Arizona, to Phoenix in December 2021.” The post Loaded and Rolling: Autonomous trucking startup TuSimple goes p...

The National Transportation Institute (NTI) recently released Q4 2023 driver pay data that shows driver earnings continue to climb in spite of the freight market undergoing a correction. Drivers’ base mileage pay brackets saw a shift, with the 40-to-50-cents-per-mile pay bracket falling 5.2% year over year as fleets raised wages to attract and retain drivers. The 50-to-60-cents-per-mile bracket saw a 6.1% y/y increase. The post Loaded and Rolling: Driver pay data highlight earnings gain a...

On Wednesday the American Transportation Research Institute (ATRI) released its latest Cost of Congestion study showing U.S. highway traffic congestion added $94.6 billion in costs to the trucking industry. The post Loaded and Rolling: ATRI finds congestion cost trucking $94.6B appeared first on FreightWaves.

A Q3 shipper survey by Morgan Stanley suggests the freight industry has moved “deeper into limbo” as completion of an excess inventory purge now leads to uncertainty as there is no immediate need to restock. The post Loaded and Rolling: Morgan Stanley sees freight industry move ‘deeper into limbo’ appeared first on FreightWaves.

FreightWaves on Tuesday interviewed Angela Acocella, postdoctoral researcher at Tilburg University and researcher with the MIT Center of Transportation and Logistics looking at the impact of ghost lanes on shipper and carrier networks. The post Loaded and Rolling: 70% of annual RFP lanes procured not materializing appeared first on FreightWaves.

In an article published Tuesday, FreightWaves CEO and founder Craig Fuller made a case that the trucking industry is not consolidating anytime soon. The post Loaded and Rolling: Small fleets and owner-operators gain market share appeared first on FreightWaves.

The Federal Motor Carrier Safety Administration on Wednesday released parameters on data collection for a new study to determine the impact of detention time on drivers. The Information Collection Request (ICR) was submitted to the Office of Management and Budget (OMB) for review and approval and opened the window for public comments. The post Loaded and Rolling: FMCSA outlines new driver detention study appeared first on FreightWaves.

On Thursday, self-driving trucking company Kodiak Robotics and Pilot Co. opened their first truckport for autonomous vehicles at the Pilot Travel Center in Villa Rica, Georgia. According to the news release, the truckport will be used by Kodiak to launch and land its autonomous trucks and serve as a hub for drivers to pick and drop off loads for first- and last-mile deliveries. The post Loaded and Rolling: Kodiak Robotics, Pilot open 1st autonomous truckport appeared first on FreightWaves.

Truckload and multimodal carrier J.B. Hunt told analysts on an earnings call Tuesday that it’s still too early to tell how the 2023 peak season for freight will turn out. The post Loaded and Rolling: J.B. Hunt’s Q2 freight bottom-cycle blues appeared first on FreightWaves.

The first meeting of the Federal Motor Carrier Safety Administration’s Truck Leasing Task Force (TLTF) discussed and drafted recommendations on Tuesday regarding limiting or eliminating the power a trucking company has over lease purchase agreements with drivers. The post Loaded and Rolling: FMCSA truck leasing panel drafts recommendations appeared first on FreightWaves.