Archive for January 7th, 2021

Airfreight volumes, pricing strengthen into 2021

The air cargo market ended 2020 on a high note, picking up steam again in December and setting the stage for a potential full recovery to pre-pandemic levels in the first quarter of 2021 with little sign there will be a normal seasonal falloff, according to the latest industry data. Global airfreight volumes rose 2.5% […]

Diesel market in 2021: Something closer to normalcy likely on tap

The crude oil and diesel markets are entering 2021 on a bullish run, with the primary commodity exchange price of diesel just about where it was when the pandemic put the final dagger into prices in early March and with OPEC and its OPEC+ brethren shocking markets with a decision on further restraining output. The […]

Truckers to face end-of-week Southern snow

Truckers will run into a winter storm in the southern Appalachians as the workweek comes to a close (for some of them). Freezing rain and heavy snowfall will make some roads risky for travel. As of Thursday morning, the storm was spinning over the Plains, dumping snow in the Ozarks of northern Arkansas and southern […]

Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask. The pandemic has slowed efforts to train, test and license truck drivers at a time when the industry’s persistent driver shortage topped the American […]

Trucking Industry Experts Optimistic About 2021, Once COVID Is Over

The trucking industry stands poised for a solid start in 2021, building on an unprecedented 2020 during which the U.S. economy relied heavily on truckers amid the COVID-19 pandemic. Sectors that are likely to see substantial gains in 2021 include final-mile delivery, homebuilding, and companies involved in and supporting the medical sector — including COVID-19 […]