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Business: Page 154
Channel 19
Freight market reality check: âItâs just terribleâ
What it feels like right now for a couple readers where the 22.5s (or 24.5s) meet the pavement, and underscored by long-range analysis in the newly released quarterly U.S. Bank Freight Index report, showing the decline in volume and overall freight spending in the last quarter.
January 22, 2020
Trucker of the Year
Four-time Owner-Operator of the Year finalist not complacent with success
For the fourth year in a row, Kevin Kocmich is a finalist for the Owner-Operator of the Year award. Learn more about Kocmich and his career here on Overdrive.
January 22, 2020
Voices
POLL: How do you view the âABC testâ for the independent contractor classification?
On the heels of a San Diego-based federal district judge extending a stay of enforcement of Californiaâs A.B. 5 law, which codified an âABC testâ for the independent contractor classification across industries, whatâs your view of such a testâs application to trucking and leased owner-op arrangements?
January 22, 2020
Business
News roundup, Jan. 22: Diesel prices not impacted by rising tension with Iran; N.J. punts on ABC test, for now; Averitt donates $1M to St. Jude
Fuel pricing experts with EIA and ProMiles noted no significant changes in diesel prices as a result of the recent rising tensions between the U.S. and Iran. New Jerseyâs legislature passes new contractor laws but punts on âABCâ test â for now. Averitt Express employees donated over $1 million to St. Jude Childrenâs Research Hospital.
January 22, 2020
Business
News roundup, Jan. 21: EPA asks for feedback on new truck emissions regs; military Exchange service drivers honored overseas
The EPA wants feedback from the public and trucking industry stakeholders on its proposed Cleaner Trucks Initiative to tighten heavy-duty truck emissions regulation. Two drivers honored for 35 years of service to the Army and Air Force Exchange Service â in Korea and on Okinawa.
January 21, 2020
Channel 19
TxDOT looking for input from truckers on amenities, staging areas as parking facilities
TxDOT is circulating a new survey looking for truckersâ input on public parking-facility amenities as well as preferences as they might relate to staging areas while waiting for an appointment nearby â both were big parts of the discussion of parking issues with TxDOT in our GATS roundtable last year.
January 21, 2020
Trucker of the Year
No regrets for leaving the office behind for Owner-Operator of the Year finalist
Jesse Dennis got into trucking to have a career to support his family and to make his father proud. In his 20-plus years of driving, heâs achieved both goals.
January 20, 2020
Channel 19
Cost of truck financing has risen, even as owner-operator credit scores show improvement
Credit-score polling showed some improvement for owner-ops over five years, yet the hesitancy to extend various forms of credit at lower rates has grown most in recent years for new carriers with authority âand 1-3-truck operators, regardless of their credit score.â For all with three trucks or less, itâs gotten more expensive to borrow money.
January 17, 2020
Business
News roundup, Jan. 17: Werner to deploy electric Peterbilt 579 in testing; Loveâs looks to continue expanding in 2020
Werner took possession of a 2019 Peterbilt 579 EV Class 8 electric and plans to run the truck for a year on a dedicated route in Southern California. Loveâs plans to open 40 new travel center locations in 2020.
January 17, 2020
Business
Judge blocks Californiaâs contractor law: Owner-operators âat the very heart of interstate truckingâ
A federal district court on Thursday issued a ruling that prevents California from enforcing its new A.B. 5 law on motor carriers and owner-operators, meaning that the trucking industry is exempt from the law until a lawsuit brought by the California Trucking Association (CTA) can be tried.
January 16, 2020
Business
News roundup, Jan. 16: Senators call for more truck info on phone GPS apps; new standard coating from suspension maker; on-truck vid system integrates third-party telematics
Three senators from the Northeast called on tech companies to add more truck-specific info to GPS apps. Bendix adds Geotab as an integral telematics partner in on-highway âSafetyDirectâ vid system. Reyco Granningâs phasing in new coating in suspension products to improve corrosion resistance, as well as resist chipping, scratching and gravel damage.
January 16, 2020
Business
Hauling no-freeze freight can mean more money in winter
Keeping produce and livestock safe while transporting in the heat is common enough, but there is also demand for protecting certain other freight when the mercury heads in the opposite direction. Liquids, certain chemicals and solids such as cosmetics are among cold-sensitive freight.
January 16, 2020
Business
Rates fall back a bit for vans, though volumes rebounded from prior week
Van freight volume typically retreats in January, but thatâs not been the case thus far. The national average load-to-truck ratio for van equipment was 3.2, edging down from the previous week but still favoring carriersâfor now. And: A 2014 and 2018 January reefer-rate dynamic that could bode well for the year if trend thus far continuesâŚ
January 16, 2020
Business
Driver recognized for helping young woman whose car caught fire
Robert Digrazia was on his way to pick up freight in Bradenton, Florida, when he saw a car stopped in the road with small flames coming from under the driverâs door. He pulled up next to the car and saw the driver, a young woman possibly in her late teens, was still inside.
January 16, 2020
Overdrive Radio
Truckers together in pursuit of victory over child abuse with ATTACA
The notion in the headline here is, at least, the goal of Western Flyer Express founder Rodney Timms, based in Oklahoma and also the founder of the All Truckers Together Against Child Abuse (ATTACA) org. In this weekâs edition of Overdrive Radio, find Timmsâ impassioned plea to the trucking community to join him.
January 15, 2020
Business
News roundup, Jan. 15: Nevada-based driver effectively shut down; FMCSA exploring new crash causation study; new TA Express in Texas
FMCSA has effectively shut down a Nevada-based owner-operator following alcohol- and safety-related violations. The agency is also exploring a new study into causes of large truck crashes. TA opened a new TA Express in Kilgore, Texas. Pilot Flying J is testing CVS Health kiosks at 50 travel centers.
January 15, 2020
Business
Donât expect a surge in 2020 â forecast is âdecidedly lacklusterâ for trucking growth, rates
Though rates arenât forecasted to hedge lower in 2020, theyâre also not projected to gain any steam, according to analysts from FTR. Truck utilization is weak, and truck loadings are forecasted to remain flat.
January 15, 2020
Overdrive Extra
Wednesday is quarterly estimated tax deadline
For those who are self-employed, there are three dates (four, counting April 15) that are important enough that the IRS can penalize you if you ignore them. These are the quarterly estimated quarterly filing deadlines. The first one of the new calendar is Jan. 15.
January 14, 2020
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