Business

Navistar International sees financial gains, posts $42M loss in first quarter

Navistar International reported March 3 a $42 million net loss for the first quarter of the 2015 fiscal year — big gains from the company’s $248 million loss in 2014’s first quarter and its $619 million net loss for the 2014 fiscal year.

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FMCSA alters course on e-log mandate, moves up projected publication date

FMCSA announced it has reversed a projected delay in the rule, moving up the expected publication date for a Final Rule mandating electronic logs by about six weeks.

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Trucker Path app giving away $5k in prizes

Trucker Path, a smartphone app launched last year that provides truck drivers location-based services such as mapping and nearby truck stops, weigh stations and rest areas, announced this week it is giving away $5,000 in prizes, including an iPad.

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Spot market rates: Downswing continues due to fuel prices, capacity, weather

Per-mile rates on the spot market continued their months-long tumble in February, with all three segments — flatbed, dry van and reefer — seeing noticeable declines.

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Driver cleared of obstruction charges after being woken up by police in the sleeper of team-driven truck

Kenny Capell was charged with obstruction of justice after refusing to comply with an ID check after being forced awake during a routine stop at the Northbound scale in Ringgold, Ga.

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Diesel heading back toward $3 mark in latest weekly increase

The U.S. at-pump average has now climbed 10.6 cents a gallon since it began its upswing in mid-February.

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Trucker demand on the West Coast with the port backlog: Update

As of last week Tuesday, Los Angeles outbound was showing a load-to-truck ratio of 0.7 on DAT boards -- the company considers 2.5 a balanced ratio. Look for demand to heat up mid-March.

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House bill seeks to remove assumption that CSA scores should be used in carrier hiring

The bill aims to remove the public assumption that carrier rankings in the DOT's Compliance, Safety, Accountability program should be used as a tool to hire carriers.

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

POLL: If any, which of these load services have you used?

This poll takes a survey of some of the load-matching-tech companies that have sprung up in recent years or have moved toward more automated technology platforms. Ever used one of these to successfully book a load? Tell us here.

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Comment period closes tonight for FMCSA’s work to increase carrier insurance minimums

The public comment deadline on a rule that could increase the amount of liability insurance required to be held by carriers ends Feb. 26, and carriers and other industry stakeholders have until midnight 11:59 p.m. Thursday to submit their input.

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