Business

Bill in Senate would suspend hours rule’s restart provisions and require further study

| June 05, 2014

A bill making its way through the Senate now includes an amendment to undo some provisions of the hours of service rule changes implemented in July 2013 for at least a year and require a study by the DOT.

PIB tip: Shop for insurance

| June 05, 2014

Don’t automatically include insurance in the final contract of a truck loan. Shop around beforehand, and you may opt to buy it elsewhere.

Feb.-April cargo theft report: Thefts fall, loss value jumps

| June 04, 2014

In the rolling quarter from February-April, 178 cargo thefts were reported in the U.S. with an average value loss of $245,000, according to FreightWatch International. Here's a breakdown of the type and location of loads stolen.

Trucking leaders push for suspension of 34-hour restart provisions in DOT funding bill

| June 04, 2014

Trucking industry stakeholders and lobbyists are asking Congress to suspend for a year two of the key changes implemented to hours of service rules for truck operators.

CSA’s Fallout: SMS/safety rating system disconnect compounds problems

| June 04, 2014

Safestat remains the official rating element of FMCSA’s enforcement program. The CSA SMS runs alongside it, giving a more real-time window into inspections, violations and crashes. However, the difference between results produced by each is marked.

CSA’s Fallout: Scoring reliability woes dominate independents’ concerns

| June 03, 2014

Overdrive's 2014 CSA survey shows independents are most concerned about reliability of scores, but the system’s many flaws haven’t halted third-party use of the rankings in business decisions.

Diesel price falls again, hits lowest point since January

| June 02, 2014

The national average price for a gallon of on-highway diesel dropped again in the week ended June 2, though only slightly, falling seven-tenths of a cent to $3.918.

Rates soar in May as flatbed, reefer set records

| June 02, 2014

Rates in all three segments boomed in May, continuing to build on recent per-mile upticks, according to data released June 2 by Internet Truckstop.

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