Business

Reefer rates climbed in August, flatbed and van rates fell

Per-mile rates on the spot market mostly continued to tumble in August, according to monthly rate data from Truckstop.com. Reefer rates were the lone bright spot in the month’s rates report, climbing 4 cents a mile. Dry van and flatbed rates both posted declines.

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Trucking employment grew for second straight month in August

August is just the third month of the year in which trucking employment has grown. July’s gains were the first since January.

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Group questions DOT on hazmat regs pertaining to Calif. meal, rest breaks

The National Tank Truck Carriers says California's meal and rest break requirements weren't made with hazmat haulers or federal hours-of-service regulations in mind.

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Truck speeds set to be governed: More insights into proposed DOT rule

More on the DOT's proposal to mandate speed governors on heavy-duty trucks: The speeds operators can expect to be limited to and the equipment that may fall under the mandate.

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Spot market update: Local demand indicators for three major segments in the last week

A somewhat lackluster week on the spot market saw van and reefer volume increase slightly, but rates were more or less unchanged as a national average. Flatbed volume and rates considered broadly continued to drift down, but Savannah-Charlotte was a hot round trip.

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Slow freight causes driver turnover rate to tumble at large fleets

The annualized driver turnover rate at large truckload fleets fell to its lowest point since early 2011 in the second quarter of this year, according to the American Trucking Associations.

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Partners in Business tip: Save every receipt, no matter how small

Why “tip” the taxman? Place an envelope in your truck for collecting your receipts and send them at the end of each month to your business services provider, who can then provide you with a monthly profit and loss statement as well as accurate quarterly tax estimates.

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FreightWatch, CargoNet issue Labor Day cargo theft warnings

According to FreightWatch, 89 percent of cargo thefts that took place on Labor Day weekend in 2015 happened in California, Texas, Florida and Georgia. CargoNet lists the same four states and adds New Jersey as the most-targeted states during recent Labor Day weekends.

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Diesel prices jump 3.9 cents in most recent week

Prices increased in all regions across the country with the most significant coming in the West Coast less California region, where prices jumped 5.7 cents.

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Operators have until Aug. 31 to order compliant Calif. reefer unit, state says

Purchase orders made before the end of the month for new replacement TRUs and TRU generator sets will help avoid penalties that could result from manufacturer or installer delays. Verified diesel particulate filter retrofits should be ordered by Oct. 31 to meet the Dec. 31 compliance deadline

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