Business

Spot market swings against owner-operators as loads dip, trucks climb

The number of available loads posted on the spot market, per Truckstop.com data, fell in the week, while the number of available trucks climbed. The combination pushed the index down to a reading of 13, signaling favorability for brokers in spot market negotiations.

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W.V. Supreme Court sides with truckers, strikes down truck ban in Morgantown

Truck drivers earned a victory in court last week when the Supreme Court of Appeals of West Virginia upheld a lower court decision that struck down an ordinance from the city of Morgantown that banned trucks from using a certain portion of State Route 7 that passes through the city.

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Trucking groups fire back at FMCSA over carrier rating rule, say it circumvents Congressional intent

An ad-hoc coalition of trucking organizations issued a letter Monday, April 11, to Acting FMCSA Administrator Scott Darling disputing comments made by FMCSA’s Joe DeLorenzo last week. The groups reiterate their argument that the rule violates federal law, despite FMCSA's claims otherwise.

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Swell of owner-operator bankruptcies on the horizon?

"The market has had the luxury of operating with decreasing fuel prices. That has now changed and if prices rise quickly it could have a big impact on cash flow, especially for the smaller carriers.”

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Diesel prices resume uptick after brief downward reprieve

After dropping slightly the previous week, diesel prices were back on the rise during the week ending April 11, increasing 1.3 cents according to the Department of Energy’s weekly report.

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FleetUp ELD offers patent-pending fuel-waste analysis

FleetUp is an electronic logging device -- registered with FMCSA per the ELD final rule's new procedure -- offered at a minimum of $35 monthly for service and featuring several ancillary applications.

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Missouri seeking to extend skills test waiver for military veterans

FMCSA says since the issues in the request could be applicable in all states, it is seeking public comment on whether the exemption, if granted, should cover all state licensing agencies.

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2015 income: Owner-ops break $60K for first time, adding miles as slow-freight pressures mount

For the first in the 13 years ATBS has been tracking income data, owner-operator clients broke $60,000 in net income in 2015. The 2015 $61,167 income figure is computed as an average among all segments.

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CVSA’s annual Roadcheck inspection spree to focus on tire safety

Inspectors will be measuring tire tread depth, checking tire pressure, checking to make sure no items are lodged between dual tires and examining the overall condition of the tires to ensure no deep cuts or bulges exist in the sidewalls.

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Market will likely require owner-operators to adhere to new food safety standards despite exemption

Most, if not all, owner-operators will be exempt from the FDA's new sanitation rules for food haulers, but shippers and brokers likely won't hire carriers who aren't in compliance with the new rule.

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