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Business: Page 26
Business
Operational costs for carriers rose in 2023 despite lower fuel costs
Fuel costs saw one of the biggest year-over-year changes in 2023 from 2022, falling 8.8 cents per mile. Despite this, per-mile operational costs were up slightly from 2022 to $2.27 per mile.
June 25, 2024
Business
RXO acquiring Coyote Logistics from UPS
The combination of Coyote Logistics and RXO's existing capabilities creates the third-largest provider of brokered transportation in North America.
June 23, 2024
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March 24, 2025
Business
How mostly owner-op fleet K&J Trucking became the 'Best Fleet to Drive For'
Sioux Falls, South Dakota-based K&J Trucking was named the Overall Best Fleet to Drive For in the small carrier category by CarriersEdge earlier this year. The 83% owner-operator fleet thrives with focus on success of its contractors.
June 21, 2024
Business
Spot reefer rates 'in abysmal territory,' but May showed positives
Reefer owner weighs his trailer payment against losses he might take with a move to power only, it's gotten so bad. May full-month numbers from DAT show positives. Truckstop shows a mixed bag since. Also: ATRI report explores female truckers' challenges.
June 20, 2024
Regulations
Are double brokering entities committing perjury? FMCSA weighs in
As lawmakers work to give FMCSA greater authority to fine freight fraudsters, could a similar tool lay in plain sight? One of the agency's own forms notes dishonest carriers/brokers can be penalized for perjury, up to a $10,000 fine and five years.
June 19, 2024
Business
'Iluminati' hack hits DAT boards with thousands of $20/mile postings
Brokers reported on Monday a "scary" hack of their DAT accounts that posted attractive, high-paying power only loads in what looked like a possible "inside job" to steal cargo from Amazon warehouses.
June 18, 2024
Overdrive Radio
Marroquin brothers' journey from Guatemala to U.S. trucking, now as owner-operators
A 30-plus year odyssey into U.S. trucking, now as owner-operators, is the story in brief of three of these four brothers, united not just by their last name but also CA-domicile difficulties with AB 5 that have dulled the Golden State to decidedly silver.
June 17, 2024
Regulations
UCR fee hike finalized by FMCSA
After proposing a 25% increase to UCR fees early this year, FMCSA is now finalizing the increase, which will equate to $9 annually for the smallest of carriers. Also: Trucking was more favorable for carriers in April; Idaho construction zone warning.
June 14, 2024
Business
National Owner Operators Association lease program in battle with its first contracted owner
The first-ever person to lease on with NOOA's "virtual carrier' operation isn't happy, and says he plans to sue, amid a social media flame war between the two parties. NOOA representatives, meanwhile, defend their contract.
June 14, 2024
Regulations
Congress eyes creation of anti-fraud/cargo theft task force
A Homeland Security appropriations bill includes a provision to create a task force that would target organizations responsibile for fraud and theft in the supply chain. Also: Military rookie trucker award nominations close soon; latest Highway Angel.
June 13, 2024
Regulations
'Fake safety audit' phishing emails keep pouring in
Beware emailed audit requests. They could be a scam. Owner-operator Wayne Bruene, mostly hauling grain today out of a home base of Ankeny, Iowa, alerted the Western States Trucking Association to another currently making the rounds.
June 12, 2024
Regulations
Chicago-area freight thief steals $9.5M in goods: Courts
An indictment alleges that the thief registered fake carriers and fake brokers, and used fake names, to steal the cargo.
June 11, 2024
Voices
Delivering our best to military families: A call for Congressional evaluation of military GHC program
Florida Trucking Association President Alix Miller calls on "Congressional leaders to insist on a strategic pause" of new military HHG contract "while a comprehensive evaluation of its feasibility is conducted by the Government Accountability Office."
June 11, 2024
Regulations
Limited HOS waivers for Baltimore bridge collapse extended
FMCSA's limited waivers related to the Francis Scott Key Bridge collapse were extended through June 22. Also: Fleet seeks waiver for under-21 drivers to operate outside state of domicile; Oregon wants to allow certain noncitizens to get CDLs; more.
June 10, 2024
Overdrive Radio
Odyssey past 10 mpg to max efficiency, in more ways than one: Trucker of the Month Alec Costerus
Alec Costerus, after dissatisfying prior careers in commodity trading and financial services, is unique among Overdrive's Trucker of the Year monthly semi-finalists for all kinds of reasons. Hear his story and advice on achieving max efficiency here.
June 10, 2024
Business
NFI acquires Transfix brokerage, but the Transfix TMS will live on
Carriers need not worry about nonpayment as this brokerage switches hands, a spokesperson said.
June 6, 2024
Business
New York trucking group sues NYC over congestion truck tolls, guv halts program
The Trucking Association of New York (TANY) last week filed a lawsuit against the New York City Metropolitan Transportation Authority (MTA) over a congestion pricing framework in New York City that was supposed to begin at the end of the month.
June 5, 2024
Regulations
With registration-overhaul push, does FMCSA have a sole-proprietor problem?
FMCSA plans to attempt ID verification of every business entity registered in its system later this year, yet will it overlook thousands of sole proprietor businesses? The agency acknowledged potential issues in a recent session detailing overhaul plans.
June 5, 2024
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