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Jun 20, 2024 • 11min
The Importance of Seatbelt Safety in Trucking
Good Thursday morning, everybody. Welcome to FreightWaves Now Community Spotlight! I'm Kaylee Nix, joined by the one and only, always imitated but never quite duplicated, Thomas Wasson. It's time for Loaded & Rolling!
Join us as we discuss a range of topics including the importance of seatbelt safety in the trucking industry. Despite regulations, many truck drivers still neglect to wear their seatbelts, leading to fatal outcomes. We delve into the statistics, theories behind the hesitancy, and the impact on safety scores.
We also touch on recent data from Motive, showing increased visits to big box retailers. Despite economic uncertainties, Americans continue to spend, raising questions about the current state of the freight market.
Tune in for an informative session packed with knowledge and insights. Don't forget to subscribe to our newsletter and catch our show next Tuesday at 2:00 PM on FreightWaves!
Timestamps:
00:00 - Introduction and welcome
00:32 - Seatbelt safety in trucking
06:39 - Economic report and retail data analysis
09:58 - Closing remarks and upcoming show details
Subscribe for more industry insights and updates!
FreightWaves NowNewsletter
#FreightWaves #LoadedAndRolling #TruckingSafety #BigBoxRetail #EconomicReport
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May 31, 2024 • 11min
Insurance Insights with Circle Logistics
Good Friday morning, everybody! Welcome to today's FreightWaves Now community spotlight. I'm Kaylee Nix. It's Friday, so we get to check in with the one and only Mary O'Connell. Today, we dive into the often overlooked but crucial topic of carrier insurance with the folks from Circle Logistics.
In This Episode:
00:00 - 00:13 Introduction: Kaylee Nix welcomes viewers and introduces Mary O'Connell.
00:13 - 00:33 Carrier Insurance: Exploring why carrier insurance is essential and how it impacts the logistics industry.
00:33 - 00:56 Episode Background: Mary shares her experience and the importance of understanding carrier insurance from her broker days.
00:56 - 01:18 Insurance Coverage: Discussing the significance of having the right amount of coverage and the risks of underinsured loads.
01:18 - 01:43 Cold Chain Concerns: The heightened importance of insurance in temperature-controlled logistics.
01:43 - 02:21 Finding the Right Carrier: Tips on selecting carriers with proper insurance coverage and avoiding potential risks.
02:21 - 02:45 Carrier Vetting: The process of vetting carriers and ensuring their insurance legitimacy.
02:45 - 03:08 Insurance Minimums: Understanding state and federal insurance minimums and their implications.
03:08 - 03:28 High-Value Loads: The challenges of insuring high-value shipments like farm equipment.
03:28 - 03:49 Importance of Insurance: Why even temporary extra coverage can be crucial.
03:49 - 04:23 Coverage Specifics: Ensuring specific commodities, especially in cold chain, are covered under the carrier's insurance policy.
04:23 - 04:54 Insurance Fraud: Navigating the risks of insurance fraud and verifying carrier insurance authenticity.
04:54 - 06:32 Verification Process: Practical tips for verifying carrier insurance to prevent fraud and ensure coverage.
06:32 - 07:59 Cross-Border Insurance: The complexities of insurance for cross-border transportation, especially with Mexico.
07:59 - 09:15 Upcoming Events: Mary previews her participation in the Future of Supply Chain event in Atlanta, Georgia.
09:15 - 09:58 Event Highlights: What to expect at the Future of Supply Chain event and how to join.
09:58 - 10:23 Closing Remarks: Kaylee and Mary wrap up and encourage viewers to join them in Atlanta.
Stay Connected:
Subscribe to Freightwaves Now for more industry insights and updates.
Follow us on social media for the latest news and behind-the-scenes content.
Visit our website at freightwaves.com for more information.
Don't Miss Out:
Join us at the Future of Supply Chain event in Atlanta, Georgia! Get your tickets now at live.freightwaves.com.
#FreightwavesNow #CarrierInsurance #Logistics #Freightwaves #SupplyChain #FutureOfSupplyChain #Insurance #ColdChain #CrossBorderLogistics
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May 30, 2024 • 10min
Truck Parking Drama, Drug & Alcohol Clearinghouse Updates
Join us on this episode of "Loaded and Rolling" where Kaylee and Thomas Watson dive into the ongoing saga of truck parking and the recent updates on the Drug & Alcohol Clearinghouse.
In This Episode:
00:00 - 00:46 Introduction: Kaylee welcomes everyone and introduces co-host Thomas Watson.
00:46 - 01:31 Truck Parking Drama: Discussing the age-old issues of truck parking and how it's evolving today.
01:31 - 02:01 Truck Parking Economics: The balance between free and paid parking and the economics behind it.
02:01 - 02:46 Public vs. Private Parking: The debate over free parking vs. monetized parking options.
02:46 - 03:57 Historical Context: The history of toll roads and how it relates to modern-day parking issues.
03:57 - 05:23 Trucking Industry Challenges: The current state of trucking and parking infrastructure.
05:23 - 05:43 Economics 101: Incentives in the trucking industry and how they impact parking availability.
05:43 - 06:08 Special Guest: Highlights from this week's episode with Mike Pritchett, President and Chief Strategy Officer of Fleetworthy Solutions.
06:08 - 08:58 Clearinghouse Insights: Detailed discussion on the Federal Motor Carrier Safety Administration's Drug and Alcohol Clearinghouse and its impact on the trucking industry.
08:58 - 09:33 Upcoming Events: Preview of the Future of Supply Chain event in Atlanta, Georgia, and what to expect.
09:33 - 09:42 Closing Remarks: Wrapping up and looking forward to the next episode.
Stay Connected:
Subscribe to "Loaded and Rolling" for more insightful discussions on the trucking industry.
Follow us on social media for the latest updates and behind-the-scenes content.
Visit our website at freightwaves.com for more information.
Don't Miss Out:
Join us at the Future of Supply Chain event in Atlanta, Georgia! Get your tickets now at live.freightwaves.com.
#TruckParking #TruckingIndustry #LoadedAndRolling #Freightwaves #SupplyChain #Clearinghouse #Economics #FutureOfSupplyChain
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May 29, 2024 • 12min
Latest from the ACT Expo & EV Trends
Welcome to your Wednesday FreightWaves Community Spotlight! Join hosts Kaylee Nix and Alan Adler as they break down the latest episode of Truck Tech, live from home. Alan shares his experience at the ACT Research Expo in Las Vegas, exploring innovations from tech startups and major players like Tesla.
00:00:00 - Welcome and introduction
00:03:09 - Highlights from the ACT Expo
00:05:44 - Insights from the CO Mobility Summit
00:06:31 - Discussion on the future of electric trucks
00:08:49 - Update on Workhorse and other companies to watch
00:10:58 - Upcoming events and special offers
Alan also discusses moderating a panel at the CO Mobility Summit, focusing on EV adoption for both consumers and commercial sectors. Plus, get an update on Workhorse and other companies on the bubble in the electric truck space.
Don't miss the latest Truck Tech show and newsletter! Subscribe at freightwaves.com to stay informed and get special offers for the upcoming Future of Supply Chain event in Atlanta, Georgia.
Subscribe to our channel and hit the bell icon to stay updated with the latest in freight and supply chain news!
#TruckTech #ACTExpo #EV #ElectricVehicles #Freightwaves #SupplyChain #Logistics #FutureOfSupplyChain
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May 28, 2024 • 11min
Balancing Act: Exploring Asset Light, Smart, and Heavy Models in Logistics
Host: Kaylee Nix
Guest: Mary O'Connell, host and writer of the Check Out newsletter
Episode Highlights:
Holiday Weekend Recap: Kaylee and Mary discuss their Memorial Day weekend celebrations.
Special Guest: Meet Josh Allen (not the Buffalo Bills quarterback) from ITS Logistics.
Asset Light Brokerage: Explore the complexities of managing an asset-light brokerage and the importance of strong carrier relationships.
Cost Management: Discover hidden fees and unexpected costs in ramping up or starting an asset-light brokerage.
Asset Smart Model: Learn about the middle ground between asset-heavy and asset-light operations, and the technologies needed for success.
Brokerage Success: Discussion on which model—asset light, asset smart, or asset heavy—tends to be more successful.
Tune in for insights into the logistics industry and more!
Watch Now on FreightWaves!
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May 24, 2024 • 9min
Memorial Day Weekend Prep: Discover the Ultimate Cold Chain Solution!
Top Memorial Day Weekend Prep: Tune in to find out why this is the number one stop for your Memorial Day weekend preparation.
Innovative Cold Chain Solution: Explore Tower Cold Chain's new phase change material cooling system.
Perfect for Clinical Trials: Specifically designed for small pharmaceuticals and clinical trials, ensuring ultra-cold temperature maintenance.
Compact and Efficient: Fits in small parcels, suitable for UPS and FedEx systems.
Pyramid Shape: Scientifically chosen to minimize potential temperature deviations and weak points.
Customizable: Available in any size and color to match company branding.
Durable and Long-lasting: Average lifespan of 5 to 10 years, reducing the need for frequent replacements.
Enhanced Protection: Superior to one-time use gel packs or dry ice in protecting contents.
Comprehensive Tracking: Compatible with tracking device or your own system for complete visibility.
Affordable High-end Solution: Ideal for expensive clinical trials with specific transportation needs.
Learn More: Watch on FreightWaves for detailed insights and start your Memorial Day weekend with the latest in cold chain technology.
Watch Now on FreightWaves!
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May 23, 2024 • 10min
CTPAT Explained: Enhancing Security and Visibility in Freight
Welcome to the FreightWaves Community Spotlight on this Thursday morning! Join host Kaylee Nix and special guest Thomas Wasson as they discuss the hottest topics in the freight community.
In this episode:
Introduction and Overview: Kaylee and Thomas kick things off with an energetic introduction.
CTPAT Explained: Thomas dives into the Customs Trade Partnership Against Terrorism (CTPAT), emphasizing its importance in preventing terrorism and enhancing visibility in cross-border movements, particularly in the context of nearshoring.
Freight Market Updates: Insights into the current state of the freight market, including seasonal bumps and the impact of road check week on spot rates.
Segment-Specific Trends: Analysis of trends in different segments of the freight market, including dry van, reefer, and flatbed.
Upcoming Guests and Shows: A sneak peek at future episodes of "Loaded and Rolling," featuring industry experts and timely topics.
Key Topics:
CTPAT and Cross-Border Security
Freight Market Seasonality
Segment-Specific Freight Trends
Impact of Road Check Week
Memorial Day Market Predictions
Don't miss out on the latest insights from the freight industry. Subscribe to "Loaded and Rolling" for weekly updates and expert interviews.
Stay Connected:
Watch "Loaded and Rolling" live on FreightWaves TV every Tuesday afternoon.
Catch up on past episodes on our YouTube channel.
Subscribe to our newsletter for more in-depth analysis and updates.
Follow Thomas Watson:
Twitter: @ThomasWasson7
Email: twasson@freightwaves.com
Make sure to like, comment, and subscribe for more freight industry insights!
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May 21, 2024 • 10min
How to Know When It's Time to Switch Your TMS
Good morning and Happy Tuesday! Welcome to today's FreightWaves NOW Community Spotlight. Kaylee is joined by Mary O'Connell to discuss everything about TMS (Transportation Management Systems). Sponsored by Tai Software, this episode features an insightful conversation with Mitch Mitchell, the CEO of Tai Software.
Tune in to learn about:
The signs indicating it's time to switch your TMS
Evaluating the benefits versus challenges of switching TMS software
Key considerations for choosing the right TMS provider
Tips for managing the transition process smoothly
Don't miss out on this valuable information, especially if you're considering a TMS upgrade. Make sure to subscribe and click the notification bell to stay updated with all our latest episodes.
Resources:
Tai Software: tai-software.com
FreightWaves: freightwaves.com
Connect with Us:
Subscribe to our YouTube channel for more episodes and updates.
Follow us on social media for the latest news and insights.
Hashtags:
#FreightWavesNOW #TMS #TransportationManagement #Logistics #FreightTech #SoftwareSolutions #SupplyChain #TieSoftware
Stay tuned and join us for more insightful discussions on the latest trends and innovations in the freight and logistics industry!
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May 18, 2024 • 10min
Amazon's Marketplace Dilemma: Distributor or Storefront?
In this segment of FreightWaves Now, host Kaylee Nix introduces Mike Baudenistel, a host and writer for "The Stockout," a community focused on CPG (Consumer Packaged Goods) and retail. They discuss Amazon's significant influence in both the retail and CPG spaces, particularly highlighting recent legal and operational updates.
Baudenistel explains Amazon's complex role as both a distributor and a marketplace, which is central to a recent lawsuit. Amazon holds about a 5% share in CPG sales, although this can rise to 20% during events like Prime Day. The discussion touches on regulatory challenges Amazon faces, such as potential classification as a distributor by the U.S. Consumer Product Safety Administration, which would make Amazon liable for the safety of products sold by third-party marketplace sellers. To mitigate risks, Amazon now requires third-party certification for certain product categories.
Additionally, they talk about new inventory-related fees imposed by Amazon on sellers to ensure high service standards, despite causing confusion among sellers. These changes are part of Amazon's efforts to maintain its service quality while managing inventory efficiently.
The segment concludes with a preview of "The Stockout," where Baudenistel will review recent retail earnings, including positive results from Walmart and a decline in Home Depot's sales, providing insights into the current retail landscape.
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May 17, 2024 • 10min
Expanding Reefer Market Insights
Good Friday morning, everyone! 🌞 Welcome to another exciting episode of the FreightWaves Now Community Spotlight. I'm your host, Kaylee Nix, and today we are joined by the amazing Mary O'Connell to dive into the world of "Running on Ice."
In this episode, Mary discusses the expanding reefer market and provides insights into the current trends, challenges, and opportunities within the cold chain community. We explore the pressures facing the reefer market compared to the general freight market, the impact of globalization on supply chains, and how consumer preferences are shaping the industry.
Mary also highlights the importance of managing inefficiencies and emissions in the supply chain, with a special focus on SeaCube's innovative efforts in tracking emissions and maintaining ESG goals.
Stay tuned as we explore what's next for SeaCube in terms of partnerships, technology, and physical innovations aimed at improving efficiency and sustainability.
Don't forget to subscribe to the "Running on Ice" newsletter for more in-depth updates and insights: https://www.freightwaves.com/running-on-ice
Thank you for joining us this morning. Have a fantastic weekend, and we'll see you next week!
Timestamps:
00:00 - Introduction
00:42 - Expanding Reefer Market
01:31 - Market Pressures
02:46 - Globalization and Supply Chains
03:53 - Consumer Preferences
05:24 - Managing Inefficiencies and Emissions
07:54 - Future Innovations at SeaCube
08:59 - Newsletter Subscription Information
09:20 - Closing Remarks
Subscribe to our channel and hit the bell icon 🔔 to stay updated with the latest in the freight and logistics industry!
#FreightWaves #CommunitySpotlight #RunningOnIce #ReeferMarket #ColdChain #SupplyChain #Logistics #SeaCube #Sustainability #Innovation
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