Higher than typical volumes on the spot market coupled with tight trucking capacity are improving the rate landscape. Independents: Identify high-demand freight situations and negotiate for top dollar.
Volvo announced this week it is placing on hold its plans to launch a compression-ignited liquefied natural gas engine in North America, saying it is adapting its plans to the pace of the alt fuel market in the U.S. and Canada.
A rule proposal to increase the minimum amount of liability insurance carriers must have has been sent to the White House’s Office of Management and Budget — the final stop before the rule is published.
One insurance rep cites a likely 25 percent increase in premiums for independent owner-operators boosting $1 million liability coverage to $2M. More on FMCSA's expected insurance-hike proposal here.
Idaho police say they have arrested the driver sought in connection to a trailer abandoned at a Flying J truck stop last week in Montana. The trailer was filled with 37,000 pounds of rotten chicken.
The country's average diesel price is at its lowest point since June 2012, thanks to 11 straight weeks of price drops.
Wal-Mart has denied negligence allegations brought in a recent lawsuit by Tracy Morgan and others involved in a June 7 crash. The private carrier and retail giant also claims Morgan and other plaintiffs weren't wearing seat belts when the crash occurred.
Between June and August, 182 cargo thefts were recorded in the U.S., according to cargo-theft prevention firm FreightWatch International. Moreover, FreightWatch’s report says the risk level for cargo theft in the U.S. remains high.
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