Business

TA to close on VA I-81, cutting 129 parking spaces

TravelCenters of America at Virginia’s I-81 Exit 150 will permanently close at 4 p.m. Nov. 15. The stop has 129 parking spaces that will be lost, which likely will add to the already exiting parking problems on I-81.

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Spot market rates: Seasonal downswing continues as rates stay high

Per-mile rates on the spot market fell for the fourth straight month in October, mostly in line with seasonal trends, but they remained strong and much higher than Octobers in recent years, according to data released Nov. 3 by Internet Truckstop.

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Will a Republican takeover of Congress affect trucking?

Will a Republican-controlled Congress affect the trucking industry? More specifically, will a Republican takeover of the Senate benefit the trucking industry?

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PIB tip: Log your spending

Record every check or debit card purchase as soon as the money is spent. Here's how.

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Logging device mandate: FMCSA to build registry of approved devices

The Federal Motor Carrier Safety Administration has started the process of registering FMCSA-approved electronic logging devices in preparation for the upcoming ELD mandate, which likely will begin sometime in 2017.

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Heads up: Deadline for compliance with CARB reefer emissions regs coming Oct. 31

Motor carriers running 2007 year-model reefer units in California must purchase a diesel particulate filter for their reefer engines by Friday, Oct. 31, to be in compliance with the states reefer emissions regs.

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Cargo theft update: Load value jumps as thieves target high-value freight

The average loss value per cargo theft incident in the third quarter of 2014 jumped 100 percent from 2013’s third quarter $321,521, while the number of thefts fell. Here's what loads were hot, what states they occurred in and the methods used.

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Data on cross-border program insufficient, FMCSA committee says; Mex carriers continue operation

An FMCSA advisory committee approved a report critical of the U.S.-Mexico cross-border pilot program, notably the program's lack of inspection data and participation. Mexican carriers in the program now have full authority to operate in the U.S.

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Division on liability insurance hike in the spotlight at regulatory meeting

An FMCSA advisory committee discussion offered insight into how the agency will proceed with its rulemaking to increase liability insurance minimums and the potential consequences facing small business truckers if and when an increase occurs.

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Bay & Bay boosts retention bonus

Bay & Bay Transportation of St. Paul, Minn., increased its retention bonus for qualifying mileage contractors and company drivers by 1 cent for every dispatched mile driven, both loaded and empty, until Sept. 30, 2015. This is in addition to the preexisting 1-cent retention bonus already in effect through March 31, 2015.

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