Carrier Details LLC

🚚 Carrier Details: September Snapshot 🚚 September saw 9,033 new USDOT applications for carriers for hire, representing a total of 12,467 power units/trucks. Of those, 5,302 carriers applied for interstate authority, adding 7,799 trucks to the roads. Notably, 59% of new applicants indicated plans to run interstate, emphasizing the ongoing shift towards long-haul operations. While Q3 had a 1% increase in new applications compared to Q2, with 358 more carriers entering the market, the overall number of power units saw a 10% decrease compared to Q2. This decline suggests carriers are entering the market with fewer trucks, pointing to potential caution or scaling challenges in the current economic environment. Stay tuned for next month’s update as we continue tracking these key industry shifts, and get a sample download from Carrier Details to stay in the know around the year! https://bit.ly/3AgNeYC

The feared port strike has come to pass! 🔸 Delays expected: Disruptions in cargo movement could slow down operations. 🔸 Rerouting options: Explore alternate routes now to keep freight moving. 🔸 Communicate early: Stay in close contact with shippers and logistics partners. 🔸 Be ready: Plan ahead for potential shortages or spikes in demand. Carrier Details is here to help you prepare by providing carrier-level data to help you find new providers for inland needs affected by greater demand along the west coast or in cross-border routes. Let’s keep things moving despite the challenges ahead! https://bit.ly/4gFjPbz #CarrierDetails #PortStrikePrep #FreightSolutions #Logistics #SupplyChain #ShippingUpdates #Trucking #Transportation

🚛🚚 Happy National Truck Driver Appreciation Week! From the bustling ports of Los Angeles to the historic streets of New York City, truck drivers are the unsung heroes connecting our nation, one mile at a time. This #NTDAW24, created originally by the American Trucking Associations, we celebrate the 3.5 million professionals who keep America's heart beating: 🛣️ They traverse vast distances, crossing state lines and time zones to deliver goods that fuel our businesses, stock our shelves, and build our communities. 🌆🌃 From coast to coast, they navigate urban traffic, rural roads, and challenging weather conditions, ensuring timely and safe deliveries. 💼📈 Their dedication and expertise are the driving force behind a thriving supply chain, supporting industries from manufacturing to healthcare. At Carrier Details, we're proud to equip the trucking industry with the data and insights that optimize operations and empower drivers. This #NTDAW24, we invite you to join us in celebrating these road warriors. And don’t forget to download a sample Carrier Details dataset to experience the power of data-driven decisions. #CelebratingTruckDrivers #CarrierDetails #FromCoastToCoast

Did you know? SAFER Web powered data helps with maintaining freight transportation industry standards, ensuring compliance, and enhancing operational efficiency. Don't miss out on elevating your safety protocols in the latest Carrier Details blog! #SAFERWEB #freightdata #carrierdata https://bit.ly/4emKJCX

🚛 It’s time for another data update from Carrier Details! 🚛 August 2024 USDOT Application Summary: 🚚 8,855 new active USDOT applications for carriers authorized for hire, representing 13,506 power units/trucks. 🚚 5,385 applicants are seeking interstate authority, adding 8,230 power units/trucks to the interstate market. 👉 61% of new applicants intend to run interstate. Here are some additional insights into the impact: ➡️ The total number of new applicants in Q3 matches the monthly pace seen in Q2, maintaining steady interest in the market despite challenges. ➡️ However, the total number of power units/trucks is lagging by 6%, indicating smaller fleet additions or a more conservative expansion approach as carriers prepare for the forthcoming peak season. ➡️ With peak season just around the corner, the reduced growth in power units may lead to tighter capacity, increasing demand for available trucks, and putting upward pressure on freight rates. ➡️ The consistent flow of new applicants signals optimism among carriers, but smaller fleet sizes might mean more selective load opportunities as peak season heats up. 🚚Shippers and brokers should closely monitor these trends to ensure they can secure capacity when it’s most needed. Stay ahead by requesting a sample data set from Carrier Details now! https://bit.ly/3XziMSV #carrierdata #carrierdetails #truckingindustry #freightmarket

Kevin Hill nails the 10,000 foot view of the brokerage industry. Numbers are telling, but then you add the 'color'. Happy to be part of the footnotes.

🚛 It’s time for another data update from Carrier Details! 🚛 July 2024 USDOT Application Summary: 🚚 A total of 8,952 new active USDOT applications for carriers authorized for hire, representing 14,904 power units/trucks. 🚚 Of these, 5,385 applicants are seeking interstate authority, adding 8,230 power units/trucks to the interstate market. 👉 60% of new applicants intend to run interstate, a slight decrease from previous months. Key Insights: ➡️ Rebound in Applications: July saw an 11% increase in new USDOT applications compared to June, breaking the declining trend from May (9,128 applications) and June (8,059 applications). This suggests renewed interest and confidence among new carriers. ➡️ Stable Capacity Growth: Despite the rise in applications, the total number of new power units/trucks added is almost flat compared to June (14,904 in July vs. 14,707 in June). This indicates a focus on smaller fleet sizes or selective capacity additions. ➡️ Interstate Authority Trends: The percentage of new applicants aiming for interstate operations dropped to 60% in July, down from 64% in previous months (March, April, May, and June). This could point to a strategic shift towards intrastate operations or diversified service offerings. ➡️ Historical Perspective: February had 9,282 new applications with 16,428 power units/trucks, and 64% targeting interstate operations. March saw 9,747 new applications with 16,876 power units/trucks, maintaining the same 64% interstate intention. The fluctuations from high capacity additions in early 2024 to a more measured approach in recent months highlight the market's adaptive nature. ➡️ Seasonal Trends: The data suggests possible seasonal effects on application numbers and capacity growth, with higher numbers in early spring and a stabilization in summer. ➡️ Capacity Utilization: The relatively flat growth in power units despite rising applications may indicate improved capacity utilization or a shift towards optimizing existing fleets rather than expanding them. ➡️ Strategic Shifts: The drop in interstate applications may reflect carriers adapting to regional demands or regulatory environments, or focusing on localized services to mitigate broader market uncertainties. ➡️ Resilience Amidst Challenges: Despite the fluctuations, the market shows resilience with continuous new entries, suggesting that opportunities remain robust for those who adapt quickly and stay informed. Stay ahead of the curve by keeping your data streams updated. Request a sample data set from Carrier Details now! https://bit.ly/3AgNeYC #carrierdata #carrierdetails #truckingindustry #freightmarket

Wondering whether you need FMCSA or third-party paid Snapshots to scale and succeed? Discover which option elevates freight safety and compliance to new heights, making it perfect for industry insiders in the latest Carrier Details blog. #FMCSA #Snapshot #CarrierCompliance https://bit.ly/3A7Jn0d

🚛 It’s time for another data update from Carrier Details! 🚛 Let's look at the last two months this time! May 2024: 🚚 9,128 new active USDOT applications for carriers authorized for hire, representing 15,259 power units/trucks. 🚚 5,766 applications indicated interstate authority with new capacity of 9,533 power units/trucks. 👉 64% of new applications intend to be interstate carriers. June 2024: 🚚 8,059 new active USDOT applications for carriers authorized for hire, representing 14,707 power units/trucks. 🚚 5,138 applicants indicated interstate authority, adding 9,460 power units/trucks. 👉 64% of new applicants intend to run interstate. Key Insights: ➡️ While June applications are 12% below May applications, the number of new power units/trucks is only down by 4%, indicating a more concentrated addition of capacity. ➡️ The steady decline in the number of new applicants month over month (2-4%) continues, highlighting the importance of staying informed and up to date. ➡️ Freight brokers, transportation suppliers, and other entities that keep their data streams updated will be best positioned to serve today's freight market demands. See what the data stream looks like by requesting a sample data set from Carrier Details now!  https://lnkd.in/g8dSjFDn #carrierdata #carrierdetails #truckingindustry #freightmarket

Today is National Logistics Day. The history of the day is fairly new, with today being the fifth in history, but the message it sends is immense. It's a day to honor all the workers, truckers, warehouse teams, and massive resources that go into every industry on the planet. To all of you, Carrier Details wishes you a very heartfelt day, and remember, you are worthy and always in demand. #nationallogisticsday #appreciation #supplychain Comment below with how you're celebrating, and check us out at carrierdetails.com