Mike Card put it bluntly last week at the Great West Fleet Executive Conference in Las Vegas: The costs of complying with regulations in the trucking industry is smothering owner-operators and small fleet owners.
Spot market rates for reefer and dry van loads leapt dramatically in May, a month that saw rates for all three segments rise and reefer rates hit an all-time high.
The Owner-Operator Independent Driver Association spoke against changing truck size and weight limits at a Department of Transportation session to gather public feedback.
New Jersey Gov. Chris Christie has not said if he will sign a bill that would bar owner-operators from drayage and parcel delivery service.
Institutional investors are looking for places to put their money, which is good news for owner-operators who've been hamstrung by tight credit since the recession.
Owner-operators are being driven out of business and the market value of used trucks has been hijacked by the ever-tightening emissions regulations in California, said a panel this week.
A dash cam on display at Great West keeps HD video recording synced with location for insurance if trouble arises.
A federal court has indicted a trucking company owner who repeatedly violated an imminent hazard operations out-of-service order.
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