U.S. trailer orders in October jumped 82% from the prior month to reach 46,750 units, ACT Research reported Nov. 16.
November 21, 2022Search
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Diesel Sheds 8¢ to $5.233 a Gallon
The national average price for diesel slid 8 cents to $5.233 a gallon, according to Energy Information Administration data released Nov. 21.
November 21, 2022Technology Can Help Deter Cargo Theft, Experts Say
DALLAS — Hidden GPS trackers installed with freight loads and mobile apps that transmit trip details to carriers are being deployed to deter a rise in fake businesses, stolen company identities and scam purchase orders that aim to help thieves steal cargo, experts said.
November 21, 2022Perspective: Tax Credits Available for Trucking
Clarus Solutions' Blake Baumann: "One solution to help ease some pressure in the trucking industry may lie in pursuing government tax incentive programs, such as the Work Opportunity Tax Credit."
November 21, 2022Carriers Feeling Cheery About On-Time Holiday Deliveries
The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy.
November 21, 2022FMCSA Issues Guidance on Brokerage Terminology
The Federal Motor Carrier Safety Administration has issued interim guidance on the definitions of brokers, bona fide agents and the role of dispatch services in the supply chain.
November 21, 2022December Strike Possible as Rail Union Rejects Labor Deal
The possibility of a nationwide freight rail strike beginning as early as Dec. 9 moved one step closer when the union SMART-TD, one of the largest in contract talks with the six Class I freight carriers, turned down a tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials.
November 21, 2022Some Owner-Operators Return to Fleets as Spot Market Softens
A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.
November 21, 2022Senate Bill Targets Catalytic Converters
Legislation targeting the theft and trafficking of catalytic converters was recently introduced in the U.S. Senate.
November 21, 2022Trucking M&A Activity Heads Toward Year-End Boost
The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.
November 21, 2022