The new paper, "Truckload Capacity in 2014: What’s Causing the Capacity Crunch and What Can Shippers Do About It," though aimed at shippers, is an interesting read through a multifaceted set of circumstances that's led to today's favorable spot market conditions.
The national average price for a gallon of on-highway diesel did not change in the week ended Sept. 8 from the week prior, remaining at $3.814. That’s the lowest national average price since July 2012, following nine straight weeks of drops.
Following the 2008 amendment of the Americans with Disabilities Act, employers must make reasonable accommodations for drivers with sleep apnea, says Truckers for a Cause cofounder and driver Bob Stanton.
Jobs in the for-hire trucking industry slipped by 800 in August on a seasonally adjusted basis. And the August decline is on top of the slight downward revision of trucking jobs reported in July: BLS cut that number by 300.
A recent settlement should be a warning to carriers about the contracts they have with customers and about their load-accepting practices, especially for high value cargo: A federal judge in Ohio just awarded a broker $5.9 million for losing a load in a cargo theft.
Major national carrier Tango Transport has become the latest carrier to sue Navistar-International over the truck and engine maker’s line of EGR-only MaxxForce engines, built between 2008 and 2012. Tango claims the engines were defective and Navistar concealed that information from buyers.
The national average price for a gallon of on-highway diesel hit its lowest point since July 2012 last week, as it fell seven-tenths of a cent to $3.814, according to the Department of Energy.
Per-mile rates on the spot market fell in August for the second straight month, as rates come down from the 5-month boom seen between February and June. Internet Truckstop released its monthly rate data Sept. 2.
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