Filed in Trucking
Monday, July 14, 2014
While overall market conditions are not dire, there is a confluence of factors working together that need to be monitored in the trucking sector, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
Posted on 07/14 at 10:16 AM
Thursday, July 10, 2014
Teamsters retirees from the trucking industry currently enjoy some of the most generous pensions in America—up to $3,500 a month for 30 years of service from any unionized trucking company that contributed to multiemployer pension plans that once covered the industry like a warm fuzzy financial security blanket. But those pension plans, once thought to be the “Cadillac” of all retirement plans, are in deep financial trouble. And there doesn’t appear to be any bailout coming from Washington.
Posted on 07/10 at 08:25 AM
Tuesday, July 01, 2014
Rollercoaster demand levels and uneven freight volumes in 2013 created havoc in one of the more complicated years on record. In 2014, shippers will need to manage with all the savvy and experience that they can muster to get the capacity they need at a rate that’s fair.
The $35 billion less-than-truckload (LTL) market, benefitting from a rebound in the U.S. industrial sector, is enjoying a renaissance after five lean years. And leading LTL executives say it’s about time.
The $300 billion for-hire truckload (TL) sector is enjoying a fairly busy 2014, with most carriers reporting a balanced picture of tighter-than-average capacity against decent if not spectacular demand levels.
Varying estimates from positive to pragmatic existed before the new rule became effective in July 2013. However, the grim reality is that trucking stakeholders are now experiencing substantial losses in productivity due to the change—and in many cases it’s much worse than was predicted.
ATA said it supports laws and regulations mandating the installation and use of electronic logging devices for recording drivers’ hours of service. And ATA added that it advocated for the MAP -21 provision mandating a rulemaking to require ELDs as it maintains these devices will improve HOS compliance as well as safety.
Posted on 07/01 at 11:37 AM
Thursday, June 19, 2014
Since the new motor carrier driver Hours-of-Service (HOS) regulations took effect in July 2013, there has been more than a little bit of subsequent criticism aimed at these revised regulations, specifically its restart provision.
Posted on 06/19 at 10:11 AM
Wednesday, June 04, 2014
Nearly a year after the Federal Motor Carrier Safety Administration’s (FMCSA) new motor carrier Hours-of-Service (HOS) regulations took effect, one thing remains clear: the rules are not being embraced by the trucking industry, even just a little bit.
Posted on 06/04 at 10:32 AM
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Monday, May 12, 2014
Despite what it is happening in the economy, one thing has remained constant over the years: the steady hold, and gains, in freight transportation market share held by the trucking sector.
Posted on 05/12 at 09:53 AM