Hugo Silva Profile
Hugo Silva

@hugos1976

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462

Supply Chain professional with over 20 years experience providing business process and 3PL services.

New Jersey, USA
Joined November 2013
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@hugos1976
Hugo Silva
3 years
The FMCSA has denied a rulemaking petition by the Transportation Intermediaries Association (TIA) to remove a requirement that freight brokers disclose to carriers transaction records between brokers and shippers. #logistics #supplychain
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@hugos1976
Hugo Silva
3 years
Despite the first quarter of 2023 will be particularly difficult for the industry, trucking remains the most relied-upon mode of freight transport in the United States, and increased infrastructure spending could be beneficial. #fr https://t.co/W4IuZBdhuw
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@hugos1976
Hugo Silva
3 years
According to executives from three major U.S. trucking associations, hiring and retention will remain a challenge for trucking in 2023 as freight demand declines and budgets tighten. # #trucking #supplychain #3pl
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@hugos1976
Hugo Silva
3 years
Truck tonnage rose 3.8% in 2022 compared with the prior year, posting the highest year-over-year gain in four years despite closing out with modest December results. #3pl #supplychain #logistics #trucking
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@hugos1976
Hugo Silva
3 years
Particularly in the last five months, the primary market where owner-operators and many smaller carriers find and price loads to haul has been on a road to recovery after a time when the marketplace struggled, load board observers… https://t.co/zs7SKo0ZX6
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@hugos1976
Hugo Silva
3 years
Goods purchased and shipped at higher prices will likely be sold before Q1 2023, and the downstream effects of drastically lower shipping costs should become apparent in 2023. With this, freight rates will fall to near pre-pandemic levels.#3pl #supplychai
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@hugos1976
Hugo Silva
3 years
The EIA predicts average retail diesel prices of $4.48 per gallon in 2023. This represents an 11% decrease from the previously predicted 2022 average of $5.05 per gallon #supplychain #trucking #3pl #genpro
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@hugos1976
Hugo Silva
3 years
The industry is short about 78,000 drivers, an improvement from last year's 80,000-person gap estimate #logistics #supplychain #3pl
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@hugos1976
Hugo Silva
3 years
Hunts Point Produce Market, which distributes more than 8.5 billion pounds of fresh fruits and vegetables a year to the city and surrounding metropolitan areas, will receive a $110 million federal grant to upgrade and improve its f… https://t.co/QLjatpGtIY
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@hugos1976
Hugo Silva
4 years
According to ATRI, increase in fuel prices to an average of 41.7 cents per mile was the single largest driver of record costs for fleets in 2021. Wages increased to 62.7 cents per mile, while repair and maintenance costs increased to 17.5 cents per mile.
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@hugos1976
Hugo Silva
4 years
Pay is far from the only issue in a long-haul sector that has a shortage of drivers forecast to double to 160,000 by 2030: competition from e-commerce, retirements, and difficulty attracting new workers. #trucking #supplychain #3pl
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@hugos1976
Hugo Silva
4 years
Some truckers say AB5 is the latest in a stream of regulations in California, including new emissions restrictions due to take effect Jan. 1, 2023, complicating their work. #supplychain #trucking #3pl
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@hugos1976
Hugo Silva
4 years
About 70,000 truck owner-operators who form the bedrock of California's transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed U.S. supply chains.#supplychain #trucking #3pl
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@hugos1976
Hugo Silva
4 years
Supply chain disruptions are still rippling across the globe, and the head of the world's largest truckmaker has warned that shortages of parts are slowing the production of thousands of its vehicles. # supplychain #trucking
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@hugos1976
Hugo Silva
4 years
An estimated 80,000 trucks with a "pre-2010 emissions-spec engine" and live or operate a vehicle in California, California may prohibit you from driving your truck beginning January 1, 2023. This stems from a rule enacted nearly ten years ago. #trucking
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@hugos1976
Hugo Silva
4 years
The U.S. Department of Agriculture said consumers can expect the price of food to continue skyrocketing. Prices are already up 9% on average for the year, and the USDA said they'll go up 4.5%-5% more. #supplychain #logistics
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@hugos1976
Hugo Silva
4 years
Trucks have been backed up at border since Texas Gov. Greg Abbott ordered extra security inspections; Mexico says ‘serious damage’ being done to trade #trucking #logistics #supplychain
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@hugos1976
Hugo Silva
4 years
After two years of COVID-induced havoc in global freight markets, volatility has started to abate. #trucking #logistics #supplychain
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@hugos1976
Hugo Silva
4 years
A new bill introduced recently in the U.S. House of Representatives would, if passed and signed into law, establish a $7,500 tax credit over the next two years for certain Class A commercial driver's license holders. The bipartisan… https://t.co/uLDnBBPKrs
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@hugos1976
Hugo Silva
4 years
"The average salary for a long haul driver is $56,491 a year," Walmart said in an infographic it released with the announcement. "Walmart's starting wage can nearly double that." #logistics #trucking #supplychain
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