Business

Van, reefer rates steady but still low, reefer hot spots in the Southeast

National average rates held steady for vans and reefers last week. Spot market loads on DAT Load Boards edged down 2 percent overall in volume, but demand increased for reefers, especially in the Southeast. As noted, Miami and Atlanta are performing fairly well for reefers, depending on the destination. Furthermore, the run to Miami from Atlanta itself is paying an average of $2.24 per mile. The averages back out of Miami to Atlanta, however, tell a different story. The return ...

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Are brokers solvent? FMCSA wants to know

FMCSA says it’s looking for information from carriers and shippers that have experienced challenges receiving compensation for claims against freight forwarders and brokers due to insufficient funds.

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Partners in Business tip: Factors that influence interest rates

Want to know what factors most influence your credit rating and, thus, your interest rates for truck loans? Here's what you need to know.

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Group of owner-operators files class action lawsuit against carrier for alleged truth-in-leasing violations

The owner-operator plaintiffs accuse Go 2 of “regularly and systematically misrepresent the amounts it charged its customers with the specific intent of paying” the owner-operators less than what they were owed.

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CVSA ad hoc committee hashing out an ‘electronic inspection’ definition

Defining the parameters of a potential new North American Standard Electronic Inspection could pave the way for such inspections to then be considered for credit within the CSA scoring system.

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FleetComplete’s ELD builds on tracking-system base

The Toronto-based Fleet Complete's mobile app-based ELD (with engine-connected hardware) comes at $7 for a monthly subscription price, but it requires the base $29-monthly tracking system as well.

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Fuel prices increase for third straight week

Diesel prices have increased for the third week in a row and ninth time in 10 weeks during the week ending April 25, according to the Department of Energy’s weekly report.

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Driver turnover rates show potential for continued wage growth for truckers, ATA says

Sky high driver turnover rates at large and small carriers will continue to put upward pressure on truck driver wages, says ATA's Chief Economist.

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New in-house load board, more from TBS factoring

TBS Factoring Service, increasingly fashioning itself as a one-stop shop for both cash flow and compliance solutions, is adding finding loads and saving money on fuel to the services available to customers.

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Household goods hauling: Challenges explored with moving veteran Fred Metzler

Fred Metzler stresses what he sees as unique household hauling challenges -- and practices of some companies that are cutting into owner-operators' incomes in the space significantly. Also: Wes Memphis says good-bye to his paper logs in week one of an electronic transition.

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