Business

Used truck prices down more than 20% in 2016

Depreciation of used commercial trucks has accelerated in the second half of 2016 according to J.D. Power and Associates. Since January, 3-to 5-year-old sleepers have lost about $14,500 (21 percent) of their retail value, which J.D. Power says translates to just over 2 percent depreciation per month.

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Partners in Business tip: Work to improve your credit

Credit scores can be improved slowly over time. Here's how.

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Turning the worm on parking

Advocates stress the need for greater driver communication with state/local Metropolitan Planning Organizations on the need for better truck parking -- and AsktheTrucker.com offers an MPO directory online to help facilitate communication.

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Fuel prices hit 2016 high mark

The cheapest fuel is in the Gulf Coast region at $2.41 per gallon, followed by the Lower Atlantic Region at $2.47 per gallon.

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Trucking ‘uberization’ and the ‘new 800-pound gorilla that everyone will have to be aware of’

According to Business Insider writer Eugene Kim's sources, that gorilla is Amazon, who plans to develop an app to help match freight to truckers. Big difference between Amazon and numerous tech start-ups in this space: freight volume, of course.

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New I-65 and I-265 bridges open, tolls for trucks cost $10-$12

The East End bridge connects Utica, Ind., and Prospect, Ky., on I-265 and State Route 265. The other two bridges, the six-lane Abraham Lincoln Bridge on I-65 North and the renovated six-lane Kennedy Bridge on I-65 South in downtown Louisville, opened over the last year.

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Though the weather turns colder, spot market temps turn up for vans, flatbeds

Winter weather in the Midwest and Northeast could push rates even higher the week of Christmas, since parcel freight will be moving until Saturday the 24th, and those lanes will be slower and more difficult.

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FMCSA and some states sharpen audit teeth with ‘enhanced investigative techniques’

'EIT' in the parlance of acronym-happy bureaucratese, Jeff Davis of Fleet Safety Services likened new investigative approaches of auditors to another EIT, Enhanced Interrogation Techniques -- or 'compliance-review waterboarding,' so to speak ...

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Cargo theft historically higher during holiday season, FreightWatch says

With both Christmas Day and New Year’s Day occurring on Sunday this year, FWI says many receiving facilities’ schedules will be adjusted, leaving more opportunity for freight to be parked for extra time.

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C.R. England to pay 6,300 truckers $2.35M in back pay

The settlement breaks down to a net payment of $273 per driver. The remainder of the settlement goes to attorney’s fees and court costs, according to court documents.

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