Filed in Transportation
Friday, April 01, 2011
Leading trucking company CEOs say it’s time to pay down debt and put profit to work to recapitalize their businesses - all at a time of tightening capacity. For shippers, the days of rock bottom rates could be long gone.
Thursday, March 31, 2011
TransCore reported that linehaul rates for vans on the spot market were up 38 percent in the 64 national lanes it tracks. But it also pointed out that rate declines in the remaining lanes left the national average up 0.8 percent.
In a speech at Georgetown University yesterday, President Barack Obama outlined his plan to reduce the oil imported into the United States by one-third in the next decade.
Various transportation interests met on Capitol Hill this week for a two-day hearing hosted by the House Transportation and Infrastructure Committee’s Subcommittee on Highways and Transit, which focused on pending surface transportation reauthorization.
Tuesday, March 29, 2011
After a 0.1 cent decline last week, diesel prices went up 2.5 cents to $3.932 per gallon, with prices up 99.3 cents on an annual basis.
Friday, March 25, 2011
Class 8 vehicle commercial trailer net orders increased more than 25 percent—to 21,990—in February over January, according to data from ACT Research Co., a provider of data and analysis for trucks and other commercial vehicles.
Earlier this month, Pacific Northwest-based refrigerated motor carrier Brown Line, LLC, a subsidiary of Lynden Transport, acquired the operations of Port Side Trucking, a Kent, Washington-based refrigerated trucking company.
Thursday, March 24, 2011
The combination of the fragile-but-improving overall U.S. economy and tighter enforcement of unsafe truck drivers is reigniting fears of truck capacity shortages later this year, top trucking officials and analysts are saying.
While the Federal Motor Carrier Safety Administration (FMCSA) says it currently is in a period of “phased implementation,” it advises motor carriers and shippers that the CSA program is fully in effect. Enforcement procedures can range from simple warning letters to full-blown compliance reviews for the most egregious violators.
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Truck tonnage saw its first decline in three months, according to data released this week by the American Trucking Associations (ATA).