A recent settlement should be a warning to carriers about the contracts they have with customers and about their load-accepting practices, especially for high value cargo: A federal judge in Ohio just awarded a broker $5.9 million for losing a load in a cargo theft.
Major national carrier Tango Transport has become the latest carrier to sue Navistar-International over the truck and engine maker’s line of EGR-only MaxxForce engines, built between 2008 and 2012. Tango claims the engines were defective and Navistar concealed that information from buyers.
The national average price for a gallon of on-highway diesel hit its lowest point since July 2012 last week, as it fell seven-tenths of a cent to $3.814, according to the Department of Energy.
Per-mile rates on the spot market fell in August for the second straight month, as rates come down from the 5-month boom seen between February and June. Internet Truckstop released its monthly rate data Sept. 2.
Pilot Flying J and the seven trucking companies who opted out of a 2013 class-action settlement with the company to sue it separately will meet Nov. 19 to negotiate a settlement.
Omnitracs, a provider of fleet management systems to transportation and logistics companies, announced Sept. 2 that it has agreed to acquire XRS Corporation for $178 million.
Carriers use a wide array of tactics to find and keep drivers, but a results from a recently published survey show there’s overwhelmingly one thing fleets can do to accomplish their recruiting and retention goals: Raise pay for drivers.
Where'd you load Friday? As owner-operator Chad Boblett of the Rate Per Mile Masters Facebook group and Rates and Lanes podcast notes, the answer probably had a lot to do with the rate you were able to negotiate for the long weekend.
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