The Chinese government has given the go-ahead for five companies to buy up to 3 million tons of U.S. soybeans free of retaliatory import tariffs as trade negotiations between the two nations continue, according to people familiar with the situation.
July 24, 2019Search
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Small Trucking Firms See Tighter Lending Standards
With a freight recession underway, industry experts said creditors are applying tighter standards to many trucking firms, or any firm with a troubled history.
July 24, 2019Glider Truck Maker Fitzgerald Wages Court Battle Over IRS’ $64 Million Excise Tax Bill
A federal judge has ruled that Fitzgerald Truck Parts and Sales can proceed with its lawsuit disputing an IRS claim that the glider truck maker owes more than $64 million in back tractor-trailer federal excise taxes, penalties and interest.
July 24, 2019FEMA Official Touts Disaster Mitigation Program at US Chamber of Commerce
WASHINGTON — A new disaster mitigation program enacted into law last year received a resounding endorsement from a Federal Emergency Management Agency official addressing executives at the U.S. Chamber of Commerce on July 23.
July 24, 2019Department of Labor Opinion: Driver Sleeper Berth Off-Duty Time Need Not Be Compensated
The U.S. Department of Labor has clarified that the time drivers spend in sleeper berths does not count as compensable time, unless they are actually performing work or are on call.
July 23, 2019ATA’s Truck Tonnage Index Falls 1.1% in June
American Trucking Associations’ June advanced seasonally adjusted For-Hire Truck Tonnage Index declined by 1.1% in June, after also falling 4% in May.
July 23, 2019FMCSA Seeks Comment on Agricultural Commodity, Livestock Definitions in HOS Rules
In an effort to provide clarity for U.S. farmers and commercial drivers, the Federal Motor Carrier Safety Administration on July 22 announced it is seeking public comment on revising agricultural commodity or livestock definitions in hours-of-service regulations.
July 23, 2019Availability of Medium-Duty E-Trucks Is Limited as Testing Continues
Battery-electric medium-duty trucks may have a bright future due to their potential to reduce operational costs and improve sustainability. But currently, the availability of these trucks is limited as testing continues.
July 23, 2019Diesel Drops 0.7¢ to $3.044 a Gallon as Oil Prices Hold Steady
The U.S. average retail price of diesel dropped by 0.7 cent to $3.044 a gallon, the Department of Energy reported July 22. Meanwhile, crude oil rose to slightly more than $56 a barrel during trading of West Texas Intermediate.
July 22, 2019Pennsylvania Turnpike Tolls to Rise — Again
The Pennsylvania Turnpike Commission has approved a 6% toll rate increase to keep pace with rising debt-service costs.
July 22, 2019