Skip to content
Search AI Powered

Latest Stories

Report tracks spike in unscheduled roadside events

Fleets ran fewer miles between unscheduled roadside maintenance in the first quarter, leading to higher costs, association says.

Screen-Shot-2021-07-07-at-5.36.38-PM.png

Trucking fleets experienced more frequent unscheduled roadside maintenance in the first quarter, leading to higher costs for many companies, according to data from the American Trucking Associations (ATA) and fleet repair and maintenance firm FleetNet, released today.


ATA’s Trucking & Maintenance Council (TMC) said its first-quarter TMC/FleetNet America Vertical Benchmarking program found an industry-wide increase in unscheduled maintenance, with fleets reporting double-digit decreases in the number of miles traveled between unscheduled repairs. Fleets averaged 29,506 miles of operation between unscheduled road repairs in the first quarter, down nearly 19% compared to the fourth quarter of 2020.

Truckload carriers averaged 21,856 miles between breakdowns, down 13% in miles from the previous quarter. LTL carriers averaged 44,380 miles in the first quarter, down from 54,556 in the final quarter of 2021. Tank trucks ran 17,420 miles between unscheduled maintenance, down from 19,905 miles in the previous quarter.

TMC/FleetNet analysts say following industry best-in-class performance can help increase the number of miles between unscheduled maintenance, which can help fleets reduce overall costs.

“The data tells us that if, for example, the truckload carriers running the average miles between breakdowns could reach best-in-class performance, they would increase their miles between breakdowns by 89%,” according to Emily Hurst, manager of data and analytics at FleetNet America. “And that would result in overall lower costs.”

Recent

More Stories

person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less

Featured

A photo of brown paper packages tied up with shiny red ribbons.

SMEs hopeful ahead of holiday peak

Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.

That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.

Keep ReadingShow less
screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less
holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
Mobile robots, drones move beyond the hype

Mobile robots, drones move beyond the hype

Supply chains are poised for accelerated adoption of mobile robots and drones as those technologies mature and companies focus on implementing artificial intelligence (AI) and automation across their logistics operations.

That’s according to data from Gartner’s Hype Cycle for Mobile Robots and Drones, released this week. The report shows that several mobile robotics technologies will mature over the next two to five years, and also identifies breakthrough and rising technologies set to have an impact further out.

Keep ReadingShow less