Business

Trucking employment falls in Aug. as U.S. employment sees small gain

| September 05, 2014

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.

Carrier to pay broker $6M for load stolen by cargo thieves

| September 04, 2014

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.

Tango claims it bought 450 defective engines in latest Navistar lawsuit

| September 04, 2014

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.

Diesel falls to lowest price since July 2012

| September 03, 2014

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.

Rates fall, but still riding boom from earlier this year

| September 02, 2014

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.

Judge orders Pilot, trucking companies to settle fuel rebate lawsuits at November meeting

| September 02, 2014

Pilot Flying J and the seven trucking companies who opted out of a 2013 class-action settlement with the company to sue it separately will meet Nov. 19 to negotiate a settlement.

ELD, fleet management system maker Omnitracs buying competitor XRS for $178M

| September 02, 2014

Omnitracs, a provider of fleet management systems to transportation and logistics companies, announced Sept. 2 that it has agreed to acquire XRS Corporation for $178 million.

Simple solution for ending ‘driver shortage,’ survey says: Pay drivers more

| September 02, 2014

Carriers use a wide array of tactics to find and keep drivers, but a results from a recently published survey show there’s overwhelmingly one thing fleets can do to accomplish their recruiting and retention goals: Raise pay for drivers.

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