Business

Rates hall of shame 2015: Bottom 10 U.S. states for outbound freight

Lookback on 2015 rates: As pricing fell off, these 15 states in van, flat and reefer segments ended the year with the worst rates for outbound loads, averaged over the year. Also: Examine interactive heat maps for regions showing better rates.

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Factoring in the factoring

"Factoring has always been made out to be a dirty word to me. As I mentioned before, we've had no direct experience with it, so I kind of listened to the whispers and grunts about how awful it is. The truth is ..."

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Roadcheck rates effect in evidence on spot market, with attendant volume surge

Rates got "a shot in the arm" last week as Roadcheck slowed trucking down, affecting capacity overall through the week. Close looks at dry van, reefer demand geographically here, as freight volume continued to pick up overall.

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PIB tip: Work to improve your credit

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

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DOT chief: CSA scores likely to remain hidden for two years pending required changes

“Based on our preliminary assessment, it’s going to take a while to do the revised analysis,” Foxx said, referring to the changes in the CSA score methodology called for by Congress in the 2015 FAST Act. “We expect it to take a year or two, probably more like two, before that information (CSA SMS rankings) will be posted back up.”

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Diesel prices climb again in most recent week

Prices rose in all regions during the week ending June 13, with the most significant increase coming in California, where prices jumped 4.5 cents.

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Mailbag: ELD choice — ‘wait and see’ mode a hope for common sense?

Among other voices responding to recent ELD market, privacy reports: "Most experienced, knowledgeable professionals still hold out hope that some common sense will prevail in the government to recognize any positive impact on safety will not be due to the implementation of ELDs."...

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Truck operator fired for refusing to drive amid HOS concerns could get $275k from carrier

NFI fired the driver in 2012, a day after he refused to deliver a load to its original destination. OSHA says severe weather, flooded roads, traffic and crashes caused the trip to take much longer than anticipated. Per OSHA, the driver “believed he lacked sufficient time to complete the deliver and return home without violating" hours regs.

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Partners in Business tip: Buy oil in bulk

The do-it-yourself oil change is a standard for many owner-operators, especially those with their own authority. A one-truck operator can save almost $200 a year by moving from gallon jugs to 55-gallon drums for oil purchases, assuming 125,000 miles per year with an oil change every 25,000 miles.

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APU weight-exemption guide, state by state

Wide variability in state law governing weight exemptions for owner-operators utilizing APUs is what drove the creation of this chart, showing just what states allow for the 400- or 550-lb. federally encouraged weight exemptions.

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