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Business: Page 284
Business
Spring has sprung on the spot market
So much for March going out like a lamb. Nationally, the final week of the month featured a 3.5 percent increase in available freight, a 3.1 percent decrease in capacity, and another record high load-to-truck ratio for flatbed freight, and rates continued to rise in the early week.
April 4, 2018
Business
Celadon reveals income likely misreported by $250 million in recent years, stock trading halted
The company is under investigation by the Securities and Exchange Commission over the discrepancies within filings required of publicly traded companies, as reported by Overdrive in October. The SEC notified Celadon last May that it was at risk of being delisted on the New York Stock Exchange. The company acknowledged Tuesday it likely will not meet the May 2 deadline set by the SEC for reissuing the forms to prevent being delisted.
April 3, 2018
Business
Autonomous trucks, CDL testing, more make ATRI’s top research priorities list
The impact of autonomous technology on truckers, inconsistencies across state lines in CDL testing, assessing the accuracy and consistency of CMV crash reporting and more are top research priorities for the American Transportation Research Institute in 2018.
April 3, 2018
Electronic Logging Devices
Truckers note business as usual as ELD mandate’s out-of-service enforcement date arrives
The first day of so-called “hard enforcement” of the ELD mandate came and went with little fanfare, coinciding in an interesting quirk of the calendar with both April Fool’s Day and Easter Sunday, the day of the week itself one where truck-enforcement activity is characteristically light.
April 3, 2018
Business
Spring’s onset brings record-high flatbed rates
Flatbed’s strong spring freight season brought with it record-high per-mile rates in March, while van and reefer rates held strong in the month.
April 3, 2018
Overdrive Extra
What is your time worth?
“How many of us, if asked, could accurately quote what our time is worth, per hour, based on actual and complete data? No emotion, no pie in the sky guessing, just the cold hard facts.” Gary Buchs on numbers analysis toward establishing per-hour rates for healthy profit.
April 3, 2018
Channel 19
Owner-operator and Highway Hero finalist Brian Bucenell ends a police chase
The trailer and tires got a scratch, the custom power unit was untouched, and the officers Bucenell helped obliged him with a clean white-glove Level 1 inspection just after. As he told Movin’ Out’s Steve Pollock, “The DOT officer did me a favor, U.S. Bulk gives us a $200 bonus for each clean Level 1 inspection.”
April 3, 2018
Business
Penske Logistics adds driver-facing, road-facing cameras to trucks
The new cameras only record if triggered by an event while the truck is in use. The cameras add to Penske’s existing safety technologies, including backup alarms, collision avoidance and lane departure systems, stability control systems and more.
April 3, 2018
Business
New network for emissions-maintenance service
Clean Diesel Specialists, Inc., a California-based diesel emissions services company, has launched its North American Network of licensed emissions-service centers to provide branded maintenance for the cleaning of diesel particulate filters and diesel oxidation catalysts as well as related and emerging diesel emission components.
April 2, 2018
Business
Blockchain tech could put teeth in detention pay
Enforcement of detention pay through blockchain technology is “a huge way it could affect drivers,” said Dan Pickett, chief data scientist with FreightWaves, a forum for blockchain technology and other freight analytics tools.
April 2, 2018
Business
Ariz. Senate candidate Joe Arpaio advises anti-ELD advocates keep up the fight
At a small event held Saturday, March 31, in Nashville, recently pardoned former county sheriff Arpaio admitted that, before Saturday, “I was in the dark about the occupation” of trucking and the regulatory strains on its small businesses. “This is a public relations thing – you’ve got to get the word out.”
April 2, 2018
Business
FMCSA seeks public input on how current regs impact autonomous testing, deployment
FMCSA is seeking information from the trucking industry, safety advocates, the motoring public and ADS manufacturers on any current regulations that could hinder the development and testing of ADS-equipped trucks.
April 2, 2018
Business
Geotab, Garmin partner on ELD/dashcam bundle
Geotab and Garmin announced last week a new tech bundle that includes a tablet-based ELD, truck navigation functionality and a high-def dashcam.
April 2, 2018
Business
Raised end dump trailer smashes violently into bridge
This video out of the Quebec province of Canada shows an end dump trailer smashing violently into a pedestrian bridge overhead, causing Canada’s Highway 40 to be closed nearly 24 hours.
April 1, 2018
Business
Watch: Car stops in the middle of the highway, causing two trucks to crash
This video out of Europe shows a car driver stopping in the middle of the highway, causing two truckers to take measures to avoid hitting the vehicle. See the scene in the video here.
April 1, 2018
Overdrive Radio
Parking, ELDs, advocacy, self-insurance (‘level the playing field,’ anyone?) and more with Tilden Curl
This edition of the Overdrive Radio podcast features a talk with owner-operator Tilden Curl, who believes removal of the self-insurance option for motor carriers might, “dare I say it, ‘level the playing field’,” he says, when it comes to the price put on risk in underwriting standards put on carriers of all sizes, with numerous implications…
March 30, 2018
Electronic Logging Devices
Toward pacifying brokers’ POD expectations with an ELD system
Eagle Express owner Leander Richmond’s Omnitracs onboard dedicated-type ELDs have delivered his eight-truck operation a capability that could at least help solve a particular problem — increasingly “ridiculous” proof-of-delivery expectations among brokerages.
March 30, 2018
Hours of Service
Bill in Congress would allow drivers to pause 14-hour clock for up to three hours
A bill filed in the U.S. House Thursday by Rep. Brian Babin (R-Texas) would allow drivers to take one break per day — of up to three hours — that does not count against their 14-hour on-duty allotment. The bill mirrors a petition filed by the Owner-Operator Independent Drivers Association last month, calling for a pause button for drivers’ daily 14-hour clock of up to three hours and the removal of the mandatory 30-minute break required by current hours regs.
March 29, 2018
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