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Loaded and Rolling: Autonomous trucking startup TuSimple goes private

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 private appeared first ....

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Loaded and Rolling: Driver pay data highlight earnings gain

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 appeared ....

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Loaded and Rolling: ATRI finds congestion cost trucking $94.6B

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. ....

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Loaded and Rolling: Morgan Stanley sees freight industry move 'deeper into limbo'

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. ....

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Loaded and Rolling: 70% of annual RFP lanes procured not materializing

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. ....

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