Truck Parking Club hits major milestone with 1,000 property locations across 46 states, providing 24,000 parking spaces for truckers nationwide. CEO Evan Shelley shares the company's journey and ambitious plans for expansion.
During a TIA-hosted media call, new TIA President and CEO Chris Burroughs unpacked what these changes could mean for brokers, carriers, and the broader supply chain.
AccuWeather is slashing its 2024 Atlantic hurricane season predictions. Though this may sound good, there have already been some impact with the storms that have hit the US so far.
Fewer Storms Expected
New forecast: 16-20 named storms (down from 20-25)
6-10 hurricanes (3-6 major)
4-6 storms to hit US
Unusual August Shakes Things Up
"Extremely warm waters across much of the Atlantic basin are ideal for tropical development and rapid intensification, but the surge of dry air, dust, wind shear, and cold waters off the coast of Africa have prevented most tropical waves from developing," explains AccuWeather's Alex DaSilva.
So far this season, 5 upcoming storms have been named, 3 of which are projected hurricanes. Something that was nice was there were no storms on Labor Day for the first time since 1997. Must have felt nice not having such a huge backlog due to storms after a holiday weekend. However, we did have some storms that have impacted the industry this year. Take, for instance, Hurricane Beryl, which crushed Texas earlier in July. A category 5 storm that caused $28-32 billion in damage and closed ports for days, thus hurting the freight industry in a time where it can ill-afford any setbacks.
What's Next?
September is typically peak hurricane season. But it's time to look elsewhere for truckers hoping for FEMA loads.
"Carriers who use disaster relief as a chance to supplement revenue during the last months of the year should seek other opportunities as they arise instead of waiting for the perfect storm," advises FreightWaves meteorologist Kaylee Nix.
The National Hurricane Center hasn't changed its official forecast yet. Stay tuned as the season continues through November 30.
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Tornadoes have swept through states like Michigan, damaging facilities like a FedEx depot in Portage. Plus, a major storm continues to unleash rain, snow, and wind across Montana.
Severe storms and tornados hit the Midwest over the weekend, leaving a trail of destruction. A Marietta, Oklahoma Dollar Tree Distribution Center is destroyed during the storm.
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