Per-mile rates on the spot market fell in September in both dry van and flatbed segments, but reefer saw a small uptick. Rates in all three segments remain well above the same month last year.
The operator of a Quickway Transportation truck that left a northbound Interstate lane Sept. 27 and entered the southbound Interstate lane and subsequently collided with a bus — killing four college-age women — did not brake or perform any evasive maneuvers, according to preliminary work done by the National Transportation Safety Board.
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.
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