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‘Beyond Compliance’ Program Delays Challenge FMCSA

Nearly five years after it was mandated by Congress to go into effect, federal trucking regulators have yet to establish a “beyond compliance†program to offer motor carriers some sort of extra credit or reward for early adoption of safety technologies or fatigue management programs.

May 4, 2022

Fed Hikes Rates Half-Point; Powell Signals Similar Moves Ahead

The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.

May 4, 2022

Congressional Leaders Eye Legislation Targeting Fuel Prices

With the traditional start of the busy summer driving season fast approaching, congressional leaders are taking aim at rising gasoline prices.

May 4, 2022

April Class 8 Orders Fall to 15,800

North American Class 8 vehicle orders in April hit nearly 16,000 — less than half of those a year earlier — with slots for 2022 largely filled and little consistency for when truck makers will open build slots for 2023, ACT Research reported, citing truck makers’ preliminary data.

May 4, 2022

Camden Port Among Winners of New Jersey Freight Grants

The Port of Camden is among the winning projects chosen by the New Jersey Department of Transportation for $30 million in freight impact grants to improve traffic safety for large trucks.

May 4, 2022

Werner Reports 24% Increase in Revenue for Q1

Werner Enterprises posted net income of $53.7 million, or 82 cents a diluted share, for the first quarter, compared with $46.5 million, 68 cents, during the same time the previous year, the company reported May 3.

May 4, 2022

Everything Safety on One Platform

Suffering from disconnected safety systems that cause your team delays, errors, missing information, and mass confusion? Tenstreet’s integrated Safety Management solution pulls everything you need into one clean workspace that tells the whole story.

May 9, 2022

Uber Sidesteps Lyft’s Debacle With Optimism Over Riders, Profit

Uber Technologies Inc. delivered a positive outlook for earnings in the current period, signaling the company plans to capitalize on robust ride demand without compromising profits by focusing on product changes, rather than incentives, to address the driver shortage.

May 4, 2022

Maersk Lost More Than $700 Million From Russia in Quarter

A.P. Moller Maersk A/S lost more than $700 million in the first quarter from the war in Ukraine as it counts the cost of exiting Russia, according to the shipping giant.

May 4, 2022

Daseke Reports 26% Rise in Revenue for Q1

Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.

May 3, 2022