Business

Diesel price falls below $2.70 for first time in 6 years

Another significant drop in the price of a gallon of on-highway diesel has brought prices down below the $2.70 mark for the first time in nearly six years, according to the Department of Energy’s weekly report.

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Cargo theft update: Number of thefts and value of thefts fall in second quarter

The average loss value per cargo theft incident in the second quarter of 2015 dropped 27 percent from the first quarter of 2015 to $189,307, while the number of thefts fell 11 percent from the first quarter, according to the quarterly cargo theft trends report from FreightWatch International.

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Trucking rap sheet: Driver pleads guilty to threatening FMCSA rep, latest on CDL test scheme bust

A truck driver who was accused this year of making threats to an FMCSA employee has pleaded guilty to the charges, among other trucking related crime updates announced this week.

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UPS buying freight broker Coyote Logistics in $1.8 billion deal

Founded in 2006, full-truckload brokerage Coyote Logistics reported annual revenue of $2.1 billion in 2014. Closing of the deal to buy the company, UPS says, is expected within 30 days, subject to customary conditions and regulatory approvals.

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Top 10 most intense states for inspection violations

This top-ten hall of fame -- or shame, depending on your perspective -- is actually a top 11, showing states in which the most violations per individual inspection were written throughout calendar year 2014.

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President signs three-month highway patch into law

President Barack Obama signed into law Friday, July 31, a bill to extend funding for the Highway Trust Fund for three months.

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Report: FMCSA can’t effectively study 2013 hours of service, safety conclusions likely skewed

A new Congressional report says the Federal Motor Carrier Safety Administration has limited ability to truly evaluate the 2013-implemented hours-of-service rule because its study did not meet research standards and has data constraints. The GAO report covers the agency's 2014-released study on the HOS rule, not the one currently in the works required by a December 2014 DOT-funding act, which also suspended certain portions of the 2013 rule. The U.S. House's transportation committee asked the Government Accountability ...

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Senate passes long- and short-term highway bills, clears provision to remove CSA scores from public view

The Senate mid-Thursday overwhelmingly passed a six-year highway bill that would remove carrier percentile scores in the Compliance, Safety, Accountability program from public view, among other regulatory reforms.

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Online Interface Makes it Easier for Drivers to Find Need-it-Now Parts

FMCSA advances e-log mandate, rule sent to OMB for approval

FMCSA sent the e-log rule to the OMB July 30, along with a rule that will implement stiffer penalties for carriers, shippers, brokers and others who coerce or pressure drivers to not abide by federal safety standards like hours-of-service limits.

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Latest highway funding stopgap clears House, delays bill that would reform CSA

The House late Wednesday passed its second short-term highway funding patch of the month, extending current highway funding levels until the end of October and effectively shutting down the Senate’s bid for a mad-dash passage of a long-term bill.

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