Hammer Lane Dispatch LLC

04/12/2024

More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.

12/12/2023

Forward Air announced a 5.9% general rate increase for 2024 that is near the middle of the range of recent carrier announcements.

08/02/2023

Requiring container ship operators to file an export policy would be too costly — and unlawful as well, carriers tell regulators.

08/02/2023

Yellow’s shares nearly doubled at 2:50 p.m. in a volatile trading session, giving it a market value of about $72 million, with revenue last year of $5.2 billion.

07/28/2023

UPS and the Teamsters reached a tentative deal on a new labor contract Tuesday, potentially averting what could have been a crippling strike. What it means really is up to the 340,000 rank-and-file Teamsters who work for the company who now get to vote on the deal.

07/28/2023

Yellow, the third-largest less-than-truckload company that’s in the midst of financial chaos, is laying off an unknown number of office employees, most of…

07/05/2023

07/01/2023

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06/17/2023

Dry Van Spot Rates Dip, Top Lanes Also Show Decline
Last week, dry van spot rates dropped by nearly $0.03/mile, bringing the national average to $1.69/mile. Although rates are still $0.07/mile higher than last month, they're $0.31/mile lower than last year. The average rate for the top 50 dry van lanes was $2.00/mile, down $0.02/mile from the previous week

Currently, the average diesel prices have been steadily decreasing for 18 straight weeks, primarily attributed to diminishing demand and reduced oil prices, as reported by the Energy Information Administration (EIA). This ongoing trend reflects a favorable environment for trucking companies seeking relief from soaring fuel costs.

But remember, it's still crucial to focus on fuel efficiency strategies to stay ahead. Keep an eye on how long these low prices last and any potential drop in spot rates in the next few months to assess their impact on your business.

06/04/2023

May’s Class 8 truck orders rose, but a truer measure of manufacturing health is the industry’s still-elevated backlog-to-build number.

06/04/2023

Regulator explains the rationale behind an upcoming rulemaking for CDL test instructors and why it is not issuing a permanent waiver.

05/31/2023

Truck drivers in Washington state can start using shipper/consignee bathrooms effective July 23, with certain conditions, under a bill signed earlier this month.