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The debt cycle is nothing new to trucking companies. If fleet owners are not leasing vehicles and other equipment, the chances are pretty good that they took out a loan to make their purchases. Similarly, when there is a merger...
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Since the use of electronic logging devices became mandatory, truckers have been trying to adjust to new hours of service, and both the trucking industry and the government are realizing some obstacles in the legislation, specifically for the transportation of...
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Last month, a large group called the Modernize the Truck Fleet coalition started to make a push to eliminate the federal excise tax on the trucking industry. The tax costs the trucking industry roughly $3 billion every year, with the...
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While self-driving trucks seem to have taken a backseat in industry news, there is a renewed push for zero emission trucks. This year, the Port of Oakland, CA is testing electric-powered tractors to see is they can haul fully-loaded containers...
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A good portion of the trucking industry is currently in a state of overcapacity. While demand has snapped back from the high-capacity demand from last year, revenue cycles have been slowing. To maintain a healthy cash flow, trucking companies are...
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Tariffs have impacted international trade, and the uncertainty among shippers may cause a ripple effect for LTL carriers. Instead of the crunch time shippers and LTL carriers experienced last year, things are slowing down. The trucking industry, on average, is...
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The threat of tariffs that created last year’s crunch for the trucking industry and drove up trucking rates seems to have normalized. Unfortunately, the normalization means costs are back to what they were two years ago, due to a “rubberband...
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Back in December of 2017, the trucking industry switched to electronic logging devices. Those trucks with Automatic OnBoard Recording Devices (AOBRD) were grandfathered into the legislation and given an extension to install ELDs by the end of 2019. In late...
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A little while back, we told you about the upcoming USDOT Drug and Alcohol Clearinghouse – a massive database containing the records of drivers that will allow carriers to see if truckers have been flagged for substance abuse. The Drug...
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We are not a month into hurricane season, and the projections for 2019 are much higher and more severe than we initially thought. As truckers are busy hauling everything from livestock to produce, manufactured goods, construction supplies, and raw materials,...
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