Business

Rates sink as capacity rises, fuel prices drop

Rates in all three segments — reefer, dry van and flatbed — fell from December, according to Internet Truckstop’s data. Fuel prices may be the biggest culprit in rates’ downward trend.

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Light-sensitive: Ohio the No. 1 state for light violations

Lights can go out when you’re running, but some drivers contend "a lot of these lights are off before the trip starts.” If you don’t catch them, you can bet that if your run takes you through Ohio, somebody else will.

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Why every owner-operator needs a maintenance account

Most owner-operators don’t have a maintenance account. But they should. Even 10 cents a mile could help save keep you afloat when repairs are needed. Here are some numbers to back up the importance of having a maintenance account.

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20 Best Fleets to Drive For named by TCA, two winners to be named in March

The Truckload Carriers Association in conjunction with CarriersEdge have named 20 trucking companies in North America the Best Fleets to Drive For, based on criteria like pay, benefits and career path.

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Roughly $25M settlement reached in ‘hot fuel’ cases: Here’s who’s included

Preliminary approval has been granted to the nearly $25 million settlement struck last year between fuel providers — such as Exxon, Love’s and BP — and fuel buyers, both diesel and gasoline, in the ongoing “hot fuel” lawsuits, originally filed in 2006.

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Cargomatic app gets $8M investment

Cargomatic, an app that aims to connect local shippers and carriers, announced this week it has received $8 million in investments, led by Canaan Partners, the company says.

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Highway funding action hot of late: Foxx tells Congress ‘to hell with politics’; Lawmakers readying proposals

Sec. Foxx pleaded with members of the Senate this week to discontinue the trend of short-term highway funding patches in favor of long-term bills. Two more highway funding proposals were unveiled this week.

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Why low fuel prices hold key to fixing highway funding

Congress wimped out again last year and injected the Highway Trust Fund with only enough money to make it through May.

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Podcast: Obamacare, round two — progress report as second enrollment period nears end

What's to consider if you're uninsured come tax time? Will the Supreme Court derail the bedrock of the ACA? Marc Ballard answers these and other questions here.

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Drivers staying mobile: ATA’s latest report shows driver turnover rate at 97%

Driven by recruiting incentives by fleets, driver turnover at small and large carriers remained above 90 percent in the third quarter of 2014, the American Trucking Associations reported Jan. 28.

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