How Trucking Companies Mitigate Crash Fallout

As a motor carrier, planning for the aftermath of a truck accident is crucial, despite it seeming counterintuitive. The Federal Motor Carrier Safety Administration has moved away from using the term “accident” and instead speaks of “crashes” as they have causes that can be addressed. Advance preparation enables motor carriers to take advantage of two … Read more

Transportation Sector Indicators Signal Potential Economic Downturn

Transportation share prices have been under pressure since the Silicon Valley Bank crisis on March 10, sparking concern about a potential recession, given the historical nature of transport averages leading the broader market. Freight transport shares underperformed in the fourth quarter of 2022. However, they had been outperforming from Jan. 1 through the banking crisis, … Read more