Filed in Trucking
Friday, June 03, 2011
I don’t know what is harder: figuring out what the economy is doing or hitting a curve ball? While I was a decent enough hitter growing up, I did not see too many breaking balls. But given all the noise about which way the economy is moving, I may be heading back to the batting cages.
Wednesday, June 01, 2011
Before developing its web-based carrier rating tool, this niche vendor of outdoor furniture was spending 17 percent of its sales on transportation. This year, those costs are going to be about 5 percent of sales—a turnaround that earned the company our 2011 Best Practices Award.
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) said this week it has acquired all of the outstanding stock of Wichita, Kansas-based truckload services provider Bruenger Trucking Company. The sale price, according to Roadrunner officials, was roughly $10.6 million, coupled with an earn-out capped at $3 million.
Our esteemed panel of transportation analysts offer shippers, carriers, and private-fleet operators the ultimate field guide for understanding and managing the complexities surrounding the implementation of CSA 2010, the biggest regulatory change to hit trucking since deregulation.
One week after its single largest weekly drop—of 6.4 cents—in a year, diesel prices headed south for the fourth consecutive week, falling another 4.9 cents to $3.948 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Tuesday, May 31, 2011
The Federal Motor Carrier Safety Administration (FMCSA) recently announced that it will not meet its initial goal of publishing a new hours-of-service (HOS) rule—based on changes to the rule it proposed late last year—by its initial deadline of July 26. The primary reason for the delay of the final HOS rule, which has now been pushed back to October 28, is because of four studies issued by FMCSA introduced during the HOS rule comment period that focus on the relationship between fatigue and driver safety.
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.6 percent in March 2011 compared to March 2010 increasing to $80.8 billion.
Friday, May 27, 2011
Proposed changes to truck driver Hours-of-Service (HOS) regulations made by the Federal Motor Carrier Safety Administration (FMCSA) in December have created a potential situation in which the amount of time carriers have to move freight could be significantly curtailed, as well as hinder available trucking capacity.
Wednesday, May 25, 2011
Truck tonnage is continuing its ride on an up and down road, with a slight decline in March, according to the American Trucking Associations (ATA). The ATA’s advance seasonally-adjusted (SA) For-Hire Truck Tonnage index dropped 0.7 percent in April after increasing a revised 1.9 percent (from1.7 percent) gain in March. This index was down 2.7 percent in February and was up 3.8 percent and 2.5 percent, respectively, in January and December.
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Even with some signs of economic improvement apparent, capacity in the trucking market remains tight and is likely to remain that way for a while. This is especially true when looking at the possible impact on capacity that may be caused by CSA 2010 by the Federal Motor Carrier Safety Administration (FMCSA).