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Business: Page 51
Business
Canada's Trans Mountain Pipeline expansion could soon boost U.S. diesel prices
The U.S. Midwest has long piped in discounted Canadian oil, but a new pipeline expansion threatens the stable, cheap prices the region enjoys.
February 6, 2024
Overdrive Extra
An accurate, current MCS-150: More important than you realize
Not only is the MCS-150 about compliance with FMCSA rules, but it can also determine which insurance companies will offer you insurance and the cost of your premiums. In some cases, information there can result in claims being denied.
February 6, 2024
Business
Roadrunner makes swift expansion to Canada
Noted as its largest expansion in five years, less-than-truckload services provider Roadrunner has rolled out 135 new lanes to its network, which now includes Canada.
February 6, 2024
Overdrive Radio
Alert! Inspections, safety scores should be 'preventive,' not punitive
After a flat trailer tire was caught at inspection, an owner-op's carrier assessed violation points nearly sufficient to void his lease in one fell swoop. This sort of accountability isn't what inspections were designed for, in his view.
February 5, 2024
Business
Freight fraud, double brokering skyrocket: What are load boards doing about it?
Freight fraud, most of it double broker-related, shot up 130% last year despite AI-driven, tech heavy efforts from load boards. With no end in sight, here's a look at the rising problem.
February 2, 2024
Business
Financial Crimes Enforcement Network's new reporting requirement hits owner-operators, small fleets
Don't miss the deadlines: stiff penalties can follow. A finance-crimes division of the U.S. Treasury as of Jan. 1 is requiring a large swath of small businesses, including owner-operator LLCs and others, to report ownership information to a new registry.
February 1, 2024
Business
Oregon hit with lawsuit over truckers' 'disproportionate' highway taxes
The Oregon Trucking Association and three fleets filed suit claiming the state is violating its constitution with the amount of highway taxes it collects from truckers. Also: Mexican driver busted with cocaine in Alabama; Nevada runaway truck ramp closed.
January 31, 2024
Trucker of the Year
Bitterman Trucking bounces back to build on long, strong trucking legacy
One-truck owner-operator Leslie Bitterman won a near-fatal bout with COVID, fighting back to the truck to keep her business going. Her perseverance, and more, shines through with her nomination as Overdrive's January Trucker of the Month.
January 31, 2024
Business
New fraud prevention tool aims to combat double brokering
QuikSkope uses geofencing and photo verification to ensure the correct driver is picking up the freight. Also: Trucker Path partners with lender; Love's plans more expansion in 2024; new TA Express open in Washington state.
January 30, 2024
Regulations
Did FMCSA just end the fight over broker transparency?
A proposed rule responding to petitions to enhance regulations related to transparency into brokered-freight transactions is notably absent from a new rulemaking document. Also: FMCSA now plans to propose speed limiters in May, and more.
January 29, 2024
Overdrive Radio
Parking-lot-trap tows, roadside tows: Truckers' defense against predatory practices
This Overdrive Radio edition features TCA's Dave Heller with insight on outreach on predatory towing to make change for the better. Likewise, our own Alex Lockie, delivering deeply practical advice from a new guide to tackling big invoices and more.
January 29, 2024
Business
Tonnage hauled by trucks fell in 2023
ATA reported a 1.7% year-over-year decrease in truck tonnage in 2023, marking the first annual decline since 2020. Also: TA opens new truck stop with 210 parking spaces off I-15; trio of drivers named Highway Angels.
January 24, 2024
Business
Old Man Winter delivered a boost in spot rates
If the boost in spot volumes persists through this week, it could further narrow the spread between spot and contract rates, a signal the market is improving. Though far from a 'magic bullet,' the spread has narrowed another nickel/mile in Jan. for vans.
January 24, 2024
Overdrive Radio
Nonpreventable-crash DataQs of utmost importance for small fleets, owner-ops
Been involved in a 'nonpreventable' crash? If it fits FMCSA's parameters for the Crash Preventability Determination Program, it's incumbent upon you to use the DataQs system for the review. If not, you're leaving CSA-scores improvement on the table.
January 22, 2024
Business
ATRI wants to hear from owner-ops on detention | New HOS waivers in the Plains
The research group is conducting a survey of carriers and truck owners on the impacts of detention. Also: HOS waivers issued in two Plains states; Paccar recalling 11K trucks for mirror issue; Landstar breaks ground on new Indiana facility; more.
January 22, 2024
Business
Trucking conditions: A big improvement in late Fall, but 2024 outlook bleak
FTR reported that a late-2023 fall in fuel prices helped improve conditions for carriers, but the outlook for 2024 remains bleak. Also: Love's offering Freightliner warranty work; C.H. Robinson expands scholarship program; load board bolsters security.
January 19, 2024
Business
Brokered-freight rates transparency: Weigh in on these two questions
Would more readily knowing what a shipper is paying for a brokered load help you in negotiations? In filtering about the greedy among those you do business with? Do you value average spot-rate metrics? Weigh in via this two-question survey.
January 19, 2024
Business
ELS sells flatbed division to PS Logistics
The North Carolina-based fleet will retain its heavy-haul and intermodal divisions, and the flatbed division will now operate as Blair Logistics. Also: Haslam family sells remaining Pilot ownership; FMCSA renews HOS waiver for WestRock drivers; more.
January 18, 2024
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