Business

Bill would put the brakes on Wireless Roadside Inspection

As with truck systems, inspections could see in relatively short order a future in which more happens with less human involvement. Recent draft DOT appropriations bill item seeks to curb "Wireless Roadside Inspection" pending DOT's addressing of industry, enforcement concerns.

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Alternative to factoring launches

Unlike traditional bank lending and factoring arrangements, BamWire doesn't require personal guarantees and lets clients retain ownership and control of their receivables. Trasaction fees, interest charges make up costs.

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Carrier who sued Pilot over fuel rebate fraud now claims truck stop chain lied about diesel prices

Wright Transportation has amended its lawsuit against Pilot Flying J to accuse the truck stop chain and fuel provider of fudging its diesel fuel prices to defraud the carrier out of owed fuel rebates.

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Former trucking company operator sentenced to 3 years, fined $500k for brokerage scheme

The former operator of an Illinois-based trucking company who pleaded guilty in December to wire fraud has been sentenced to three years in prison and ordered to pay $532,000 for double-brokering loads.

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Cargo theft update: Value increases as number of thefts falls

The average loss value per cargo theft incident in the first quarter of 2015 jumped 25 percent from 2014’s first quarter to $256,966, while the number of thefts fell, according to the quarterly cargo theft trends report from FreightWatch International.

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Bill dictating direction of hours-of-service restart rollback, insurance rule advances

The 2016 DOT funding bill that would keep in place the current hours-of-service suspension until FMCSA can justify the HOS rule changes put in place in July 2013 and block FMCSA from increasing carrier insurance minimums.

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Video: Riding in Freightliner’s autonomous truck, how drivers interact with autonomous features

Freightliner unveiled North America’s first state-licensed autonomous truck earlier this month at a press event in Las Vegas. Overdrive had the chance to ride in the truck, the Inspiration, last week following the truck's debut.

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Analyst: CSA ‘sea change’ coming

Following broad movement among motor carrier groups and individual interactions at the Congressional level and throughout government, more than 80 percent of readers say yes to pulling back the reins on the CSA program.

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NTSB pushes driver-facing camera systems in report, makes bevy of rec’s

The National Transportation Safety Board recently released a report pushing the benefits of onboard video systems for commercial trucks and made recommendations to several organizations to improve the use of the systems.

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Another look at April rates: Spot market rates in all three segments tilt toward carriers (with charts)

Posted rates on the spot market in April didn’t continue the upward trend seen in March, according to the latest data from Truckstop.com, but paid rates — the actual amount paid to carriers after negotiation with brokers and shippers — climbed in all three segments in the month.

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