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Business: Page 295
Business
Carrier profits in 2017 gained big in second half of year
Some of the country’s largest carriers saw their revenues and incomes climb in 2017 from 2016, with nearly all of the growth coming in the second half of the year, according to public earnings reports issued by publicly traded carriers in recent weeks. A tight truck market and soaring rates helped boost the carriers’ profits.
February 16, 2018
Business
You can ‘plan’ on making my eye twitch
“Things that make my eye twitch, for a thousand, Alex,” including recent articles about shippers “falling all to pieces because they’re having a hard time getting freight covered during the post-ELD adjustment period. … They should have planned better.”
February 16, 2018
Business
International names dealer of the year
Terry Minor and the more than 180 employees of Cumberland International Trucks earned Navistar’s North American Dealer of the Year awards’ top honor.
February 16, 2018
Business
Dart set to bump owner-operator pay next month
Owner-operators with Dart will see a 2 cents-per-mile increase, effective March 1. The company is also offering owner-operators up to $10,000 in sign-on bonuses.
February 16, 2018
Business
Former Pilot Flying J president convicted of fraud charges over fuel rebate scam
Pilot Flying J has already resolved the criminal and civil cases against it stemming from the alleged fuel rebate scheme. Former President Mark Hazelwood has been convicted of fraud and conspiracy charges related to the alleged scheme.
February 15, 2018
Channel 19
Let the 14-hour conversations … begin?
‘Continue’ rather than ‘begin’ is probably the best word to describe what’s been at the forefront of hours-change debate for years now. Voices here following OOIDA’s lodging of a petition to the FMCSA to add an up-to-three-hour off-duty pause to extend the clock.
February 15, 2018
Business
Bring your nap mat, but don’t worry about the driving experience
Uber’s ride-hailing app gets all DOT on its drivers: “The professionally-licensed career drivers know the dangers on the road and making a bunch of Ubers take a nap isn’t going to increase safety nearly as much as training and education” could …
February 15, 2018
Business
Rates up, volumes neutral to down year over year: The story so far in February for van, flatbed
With ELD proliferation constraining capacity in trucking and pushing up rates, there’s evidence of some competition from rail/intermodal moderating volumes in van. Flatbed’s generally volume-neutral compared to this time last year.
February 15, 2018
Business
Mack-backed ‘Born Ready’ album, tour upcoming for country singer Steve Moakler
Moakler created the album's title song, "Born Ready," in partnership with Mack Trucks.
February 15, 2018
Hours of Service
OOIDA asks FMCSA to institute pause button for 14-hour clock
The Owner-Operator Independent Drivers Association has filed a petition with the Federal Motor Carrier Safety Administration asking the agency to allow drivers to pause their 14-hour daily clock for up to three straight hours and to nix the 30-minute rest break required by current hours regs.
February 14, 2018
Business
Load One’s new app brings measure of self-dispatch to its expedited haulers
To combat the problem of extended layovers, very common in expediting, Load One has put tools in the hands of its drivers that allow them to be more proactive in positioning themselves for optimum dispatch.
February 14, 2018
Business
Uber, who’s invested big in autonomous truck tech, says driver jobs will shift, not disappear
While long haul driving jobs could succumb to the market pressures of self-driving rigs, the company concludes there will be a spike in the number of drivers needed for localized driving jobs. Uber researchers also project that the industry will move away from per-mile pay structures in favor of hourly pay.
February 14, 2018
Electronic Logging Devices
Electrical contractors seek ELD exemption
The group states the operation of commercial vehicles by the line workers that would be covered under the exemption “is so limited that the ELD requirement is triggered infrequently.”
February 14, 2018
Business
Mack honors dealers for exceptional service
Mack Trucks named Tri-State Truck Center of Memphis, Tennessee, its 2017 North American Dealer of the Year, among others honored regionally.
February 14, 2018
Business
FMCSA has a new boss: Senate confirms Martinez to run agency under Trump
Testifying before a panel of U.S. Senators in October, Martinez said he intends to uphold the agency’s electronic logging device mandate and institute data-driven reforms to the agency’s regulatory process and, specifically, the oft-criticized Compliance, Safety, Accountability program.
February 14, 2018
Business
Truckers largely favor rescinding glider kit emissions restrictions; OEMs and dealers mostly oppose
According to the public comments, there is no general industry consensus on the issue. Owner-operators mostly sounded off in favor of EPA’s move to rescind the regulations, while representatives from fleets, truck OEMs, dealers and environmental groups want to keep the regulation as-is.
February 13, 2018
Business
Top fleet introduces $50,000 bonuses, paid out over four years, for team drivers
Teams can earn up to $8,000 each year in bonuses and $4,000 in vacation time by running 60,000 miles four times over the course of a year. If the drivers choose not to take vacation time, they will be paid $500 per driver for each week of unused vacation at the end of each year.
February 13, 2018
Channel 19
‘100 percent OK’ to bring up detention before you get off the phone
‘Don’t leave money on the table,’ redux — that sentiment could increasingly include examinations of revenue and income per hour in your business’ accounting and analysis to help determine effective detention rates in broker/shipper negotiations.
February 13, 2018
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Lawsuit seeks to halt FMCSA's non-domiciled CDL final rule
That latest filing in the case of owner-operator Jorge Rivera Lujan v. the Federal Motor Carrier Safety Administration asks for an emergency stay of the government's final rule restricting non-domiciled CDL eligibility, pending judicial review.
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