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Business: Page 143
Business
Judge finalizes $135 million Navistar settlement in MaxxForce engine defects case
Those who purchased or leased International trucks with the defective engines can choose from three forms of relief for each affected truck they owned or leased. They can choose to receive up to $2,500 in cash, up to a $10,000 rebate on a new Navistar truck with proof of ownership/lease, or up to $15,000 in repayment for repair costs.
January 7, 2020
Business
In push for stricter truck emissions regs, EPA also presses for ’50-state’ program
The U.S. Environmental Protection Agency is eyeing new federal regulations to further tighten heavy-duty truck emissions and to create a so-called “50-state program” that harmonizes emissions standards nationally.
January 7, 2020
Business
News roundup, Jan. 7: Truckstop.com systems mostly online after ransomware attack; Rhode Island challenges latest court ruling on trucks-only tolls
The company reported today that, while most Truckstop.com services are now available, its Trans4Cast weekly analysis of spot market rates and conditions has yet to be fully restored. Rhode Island is petitioning a federal appeals court to have ATA’s lawsuit over the state’s trucks-only tolls moved to a state court.
January 7, 2020
Overdrive Extra
Capture 2020 vision with proactive attention to repair, operating and finance costs
“Successful owners throughout this past difficult year have an established business plan and operating procedures that enable them to be proactive with decision-making.” Also: How one got out from under a budensome lease payment to take title to the truck and reduce fixed financing costs in the bargain.
January 7, 2020
Business
Celadon granted final court approval to pay $4.6M to drivers; $900k for contractors
A federal bankruptcy court on Friday stamped final approval on Celadon’s request to pay drivers at least partial compensation amidst its ongoing Chapter 11 bankruptcy proceedings.
January 6, 2020
Business
News roundup, Jan. 6: CDL Clearinghouse site on the mend on Day 1; Knight-Swift, DAT partner on rates predictor; Ryder rolling out electric truck charging network
Website connectivity issues snared the U.S. DOT’s CDL Drug & Alcohol Clearinghouse on its first day of the rule’s effective date. Knight-Swift and DAT announce pilot program for truckload rate forecasting. Ryder plans to build an electric truck charging network.
January 6, 2020
Parking
Readers diverge on the value of a parking reservation
Ensuring you won’t have to risk the potential for a boot is at least possible in today’s world. About one in four owner-operators (24%) report regular use of paid advance parking-reservation systems. At once, given how stressed parking infrastructure is, sometimes a reserved spot might not be truly reserved upon arrival.
January 6, 2020
Voices
POLL: Have you taken steps to get ready for the drug/alcohol database (now live)?
Update: Whether you’re an independent/small fleet needing to designate your consortium/testing provider or a leased or company driver advised to double-check your information associated with the newly-live database of test results, have you done so as of today?
January 6, 2020
Overdrive Extra
As lukewarm 2019 carries into 2020, address what you control
With trucking industry and overall economic developments largely out of owner-operators’ control, “The best advice is to prepare for the downside,” says Todd Amen of ATBS. “The upside will take care of itself…. Control costs, don’t be picky on freight, generate revenue, and cover fixed costs.”
January 6, 2020
Business
Tools to help truckers get their jobs done
Blue Parrott’s noise-canceling B350-XT Bluetooth headset, LG’s HBS-835 Tone Bluetooth headset, Howes Diesel Defender, Cobra’s 29 LX MAX CB and Garmin’s dēzl 780 LMT-S trucker-specific navigator.
January 6, 2020
Parking
Sometimes, renegade booters get their just desserts
A case in Charlotte saw a booter operating on a disused lot without the permission of the property owner. The result, after research on the part of local police and the small fleet owner whose driver was booted — an after-the-fact arrest. And the $2,500 boot-removal fee? Well, it’s complicated.
January 3, 2020
Business
News roundup, Jan. 3: St. Christopher Fund surpasses $3 million in giving; Indiana hosting job fair for former Celadon employees
The St. Christopher Truckers Relief Fund has given $3 million in financial assistance on behalf of truckers and their families since 2008. The Indiana Department of Workforce Development is hosting an online job fair for former Celadon employees on Jan. 8.
January 3, 2020
Parking
Parking perils: The increasing cost, and risk, of booting and towing
Booting and towing incidents have become more numerous and more costly, owner-operators and others report. Some advocates call for national regulation of the practice, particularly when drivers are asleep in their trucks.
January 2, 2020
Business
December recall roundup: Navistar, Mack recalls affect 14,500 rigs
Navistar is recalling more than 12,500 International DuraStar, WorkStar, HV and MV trucks for an engine issue. Mack is recalling more than 1,900 TerraPro, Anthem, Granite and Pinnacle trucks for headlight and steering issues.
January 2, 2020
Business
Economist: With rates spread ‘unsustainable,’ either contract rates or spot rates must move in 2020
From a late December webinar: Trucking-focused economist Donald Broughton said the spread between contract rates and spot market rates reached 15% to 25% to close 2019 — that’s a record high and unsustainable, he said. Here’s what could move rates in 2020…
January 2, 2020
Business
While court considers longer exemption, carriers and owner-operators land brief relief from Calif.’s A.B. 5
Granting a request filed by the California Trucking Association the week prior, U.S. District Judge Roger Benitez issued a restraining order Dec. 31 blocking the state from enforcing its A.B. 5 law for motor carriers until at least Jan. 13, when the court will consider a longer stay of enforcement.
January 2, 2020
Overdrive Extra
Long Haul Paul’s best of 2019: Trucking album, show and roadside eats
“Long Haul Paul” Marhoefer singles out a few overlooked superlatives from the year, as it comes to a close: The Franklin County Trucking Company’s all-star punked-out trucking record, the Pennsylvania Truckers 4 Hope show, and a Cambridge, Ind., Punjabi restaurant just off I-70.
December 31, 2019
Channel 19
A little piece of inspiration for a ‘new me’ — or an old me made new, as the case may be
Got those new year’s resolutions in the hopper, drivah? Well, CoachCarolyn O’Byrne wants you to grab hold of this idea: “Every day is a new day, and an opportunity to … commit to improvement.” She offered this guest post as a bit of extra inspiration, and a poem. Here’s a Happy New Year to all of you.
December 31, 2019
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