Contact Now 203-200-7275
Will Yellow Survive 2023? Despite receiving a $700 million bailout from the CARES Act in 2020, Yellow’s financial position continues to be adversely affected. In a resolute move, the Teamsters union has opted not to provide another round of support, remaining steadfast in their decision. This highlights the insufficiency of the previous bailout funds in resolving the carrier’s financial struggles.…
East Coast Highway Closure A tanker fire and subsequent roadway collapse on I-95 in Philadelphia on Sunday morning has had a significant impact on freight shipping on the east coast. The closure of a major artery has caused major delays for trucks carrying goods to and from major cities in the region. Truckers said that the closure has added hours…
Fenichey is committed to secure transactions This past month we’ve added some carrier vetting security features: VoIP non-fixed phone numbers are now flagged as possible fraud Our system now compares the carrier’s registered address with the filed MCS-150 forms required physical and billing addresses When onboarding all mismatches are shown on one easy to read dashboard Our ongoing improvements help…
DOT Safety Blitz Week The DOT Blitz Week is an annual inspection event conducted by the U.S. Department of Transportation (DOT) to ensure compliance with federal regulations on commercial motor vehicles. The 2023 DOT Blitz Week will take place from Sunday, May 14 to Thursday, May 18. During this time, DOT officers will conduct thorough inspections on commercial vehicles and…
Headline: Giving for a Good Cause Our friend Trey Griggs from www.betaconsultinggroup.com is looking for some generous donors to help the Tough Mudder Charity Challenge to raise $10,000 for the Suke Strong Foundation to support people with ALS https://gofund.me/53a42dea
TIA Capital Ideas Conference Day one of the Transportation Intermediaries Association is in the books with an opportunity to learn from Dr John Drea. We discussed marketing trends and ideas with some new industry friends. #transportation #logistics
NMFC – Class Changes Effective April 8, 2023 The NMFC has issued a number of changes to class calculation for your LTL shipments. If you ship any of the following, your item’s class may have changed. Cabinets, Castings, Chemicals, Medical Supplies, Foodstuff, Furniture or Furniture Parts, Pipe or Tubing, Plastic or Rubber Articles, or Sugar Call your Fenichey rep for…
EVA Approves California’s Rules Phasing Out Diesel Trucks The EPA has just approved California’s rules for phasing out diesel trucks, which will greatly benefit our environment and public health. This is a huge step towards reducing emissions and improving air quality. However, it’s also important to note that this decision will likely have an impact on transportation costs. As diesel…
Why Fenichey Doesn’t Demand Non-Compete Agreements Not having a non-compete agreement for an agent or employee can help improved retention, attract top talent, encourage innovation, and avoid legal disputes.
Why Are Truckload Rates on the Decline? Simple: Supply and Demand Freight volumes in 2023 are well below 2021 and 2022 volumes as shown in today’s Freightwaves Sonar Outbound Tender Volume Index. As volumes decline, carriers scramble to load their trucks. Small carriers, competing in the spot market, struggle more than their larger counterparts, who haul most of the contract loads,…