According to new statistics, spot market prices look as though they have begun to coincide with Class 8 truck orders. The correlation is more than coincidental - they actually seem to be working almost in tandem with each other.
The month of August will bring a huge change to Compliance, Safety and Accountability program scores as assessed by the Federal Motor Carrier Safety Administration (FMCSA). Drivers will now have the benefit of a new "not preventable" classification for eight different types of crashes. The change was made based on "positive feedback from industry stakeholders," said Transportation Secretary Elaine Chao at the 2019 Mid America Trucking Show on March 29 of this year.
The Arlington, Virginia-based American Transportation Research Institute (ATRI) determined four major issues affecting the trucking industry in 2019. These concerns include 1. vehicle parking, 2. the safety of young truck drivers, 3. truck safety tech ROI and 4. the impact of litigation that is successful against trucking companies.
On July 23, 2014, three-month-old Jude Zayac passed away from Sudden Infant Death Syndrome (SIDS). SIDS typically strikes children under the age of one unexpectantly and is known as the number one cause of death in children under one year of age, claiming the lives of nearly 4,000 each year.
Nearly 70 percent of the freight shipped throughout the United States travels by truck at some point in its journey. Understanding how the trucking industry is performing and where it is forecast to go can make a big difference for trucking companies and those who use them for their shipping needs. Planning is vital for the industry's continued success and it is also valuable to be able to anticipate changes and challenges so strategies to address and combat them can be developed. In order to better understand the trucking industry forecast and expectations for 2018, information and opinions from experts have been consolidated here. That provides a breakdown of what to expect in the coming months and throughout the next year.
The December 18th compliance date draws near for carriers to implement electronic logging devices on their fleet, affecting an estimated 500,000 carriers and over 3.5 million drivers. Electronic logging devices, ELDs for short, would replace paper logs
Many carriers in the less than truckload (LTL) sector are adopting dimensional pricing. A volume-based pricing model for shipping freight, dimensional pricing is touted as a more efficient and fair way of charging shippers. The new method of calculating fees, however, isn’t good for everyone. Many LTL freight companies are making more with dimensional pricing — and many of the shippers using them are paying more.