Business

Video monitor co. Lytx acquired for $500M after record year in 2015

After roughly 50 percent growth in subscriptions in 2015, Lytx has been acquired by a private investment firm for about $500 million.

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Survey: Tennessee the best state for small biz trucking, Calif. the worst

The poll included questions about overnight parking costs, state fees and regulations and how friendly states were to drivers.

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February on the spot market: The good, the bad and the ugly

"We’d like nothing more than for March to come in like a lion, and go out like a pack of lions," noted Ken Harper attendant to this week's spot market update from the DAT network of load boards. "But we have to get through February first."

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Cargo theft numbers down in 2015, FreightWatch reports

FWI, in its annual report, recorded 204 thefts in 2015’s first quarter, 187 in the second quarter, 174 in the third quarter and 189 in the fourth quarter of the year. The numbers represent a 6 percent drop in volume and a 21 percent decrease in value from 2014.

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The 34-hour restart’s complicated limbo

Here's the latest. Nothing about the 34-hour restart will change until FMCSA issues its certified report on its mandated comparative restart study. If the report says what many truckers have hoped, however, the restart could disappear entirely.

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Driver training rule expected this month, speed limiter rule delayed again

The latest on rules to mandate speed limiters, institute minimum driver training requirements, survey the industry on sleep apnea and set up a database of drivers who have refused or failed a drug test.

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‘How’s my driving’? Call-in complaints, scams and another argument for dashcams

When a motorist's call-in complaint rises to another level entirely -- to an extortion scam: "This is why I strongly believe in cameras on your tractor and trailer to prevent fake lawsuits!" says a reader.

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Trucking groups fighting state initiatives to close rest stops

Notes on closures in Connecticut and Arkansas, and a new one in North Carolina. Trucking groups, meanwhile, continue to fight closures, which come in response to tightening state budgets.

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Truck ‘N Park demonstration hits the ground running

I-95 Corridor Coalition Truck 'N Park project coordinator Marygrace Parker realizes capacity is the biggest issue when it comes to truck parking, she says, but hopes real-time availability-info sharing can at least help mitigate the problem in the short term.

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R.I. trucks-only toll plan enacted following governor’s signature

With the bill signed into law, drivers of class 8 trucks will pay a maximum of $20 to travel through the state along Interstate 95 one-way. Each electronic toll gantry a trucker passes under would cost about $3. The maximum daily charge would be $40.

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