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Business: Page 7
Regulations
Owner-report requirement under Corporate Transparency Act back in effect
After nearly a year of legal back-and-forth on whether businesses have to report ownership info to the U.S. Treasury, the requirement is back on. Also: I-17 closure upcoming for continued roadwork; drugs seized from separate flatbed floors.
February 20, 2025
Business
Trump DOT terminates New York City's congestion pricing program
DOT Secretary Sean Duffy terminated the program, which began Jan. 5 this year and implemented tolls on vehicles entering Manhattan below 60th Street.
February 19, 2025
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March 24, 2025
Regulations
FMCSA pushed TQL to drop broker transparency contract waivers
Recently revealed documents show FMCSA pushed TQL in 2023 to change its carrier contracts to remove transparency waivers, while compelling the broker's compliance with existing regulations on a load gone wrong.
February 19, 2025
Business
Freight activity flat, used Class 8 sales down December to January
The amount of freight hauled by trucks in January was unchanged from December, while used Class 8 sales fell over the same period: market sources. Also: Conditions for carriers remained positive relative to shippers to end 2024; latest Highway Angel.
February 18, 2025
Regulations
FMCSA's broker transparency comment period reopened | HOS waivers for fuels emergency extended
The agency granted a request to reopen the comment period for 30 days beginning Feb. 18 for its proposal to amend its regulations related to brokered freight transparency. Also: Regional fuel-hauler declaration extended; more.
February 14, 2025
Business
Freight analysts forecast headwinds of uncertainty around tariffs, could yield slow-growth 2025
Buckle up. At once, if federal policy delivers greater certainty to the business community around tariffs, in particular, but also business tax cuts and deregulatory measures, forecasts for better freight and rates growth could prove correct.
February 14, 2025
Business
Overhaul FraudWatch anti-cargo theft tech coming to a security gate near you
A new "carrier vetting" platform from Overhaul takes cargo theft prevention a step further, asking drivers to prove their identity at security gates and scoring carriers on "historical performance" and security practices.
February 13, 2025
Regulations
Ohio police cracking down on unsafe driving on Turnpike
Through the rest of 2025, troopers will be focusing on distracted driving, speeding and seat belt usage in passenger and commercial vehicles. Also: Trump suspends EV charger grant program; ATRI seeks carrier input on hiring practices.
February 11, 2025
Hours of Service
Bird flu, egg shortage prompts regional emergency, hours waivers for relief-haul
FMCSA is granting hours of service relief to carriers and drivers hauling live chickens from areas affected by the highly pathogenic avian influenza (HPAI) to unaffected areas.
February 10, 2025
Overdrive Radio
'Road less traveled': Trucker of the Month Ken Brodeur takes control with authority
As a fellow owner and friend said about him in the recent feature story, Ken Brodeur’s just “one of them good old success stories” in trucking. He's made good on a long-term goal of greater control of his life, now with full control of the business.
February 10, 2025
Business
FEMA onboarding period for contracts open for truckers
The onboarding period for carriers in the Federal Emergency Management Agency's contracting program opened February 3. Owners with authority can apply. FEMA hosted a live Q&A session for transporters Monday, February 10.
February 5, 2025
Business
Diesel prices level out to end January | I-17 closure in the offing
After a surge in prices to begin 2025, diesel's national average settled during the last two weeks of January at $3.66 a gallon. Also: Rates following typical late-January pattern; I-17 closure upcoming in Phoenix this weekend.
February 4, 2025
Overdrive Radio
Beat the 'winner's curse' of auction-type negotiations for better freight rates
In this edition of Overdrive Radio, contributor Gary Buchs expands on the fine art of negotiation, where pressure for speed too often yields below-market-value results for owner-operators on the spot market. Ways to win, here, without the curse.
February 4, 2025
Business
Trump's tariffs aimed at Chinese, Mexican, Canadian imports
How might a bona fide "trade war" impact domestic freight? This and other questions swirled after news of tariffs going into effect Tuesday, February 4. "No leader wants to be seen as weak," noted one analyst, predicting likely further escalation.
February 2, 2025
Business
Convoy back in court: Hundreds of carriers seek $2.6M from unpaid loads
The digital broker's stunning 2023 collapse from a $3.8 billion valuation is back in the courts, with about 400 carriers that say the company owes them a combined $2.6 million for freight hauled.
January 31, 2025
Regulations
Anti-fraud, CDL-testing bills both back in Congress
One bill introduced in both House and Senate would restore FMCSA's authority to assess civil penalties against unauthorized brokers and other fraudulent entities, and more. Another, intro'd in the Senate, would streamline CDL testing.
January 31, 2025
Overdrive Extra
Brokers' contract nickel-and-diming incentivizing speed, fatigue?
Brokers may be as optimistic as their carrier partners about freight markets ahead, yet too many are going to great lengths to hold fast to as much revenue as they can -- at the expense of carriers and, plenty owner-ops say, bedrock safety, too.
January 31, 2025
Trucker of the Year
From an IT desk to throwing chains and tarps: Ken Brodeur's trucking odyssey
The California-based one-truck independent didn't get into trucking until his mid-50s, but in the 12 years since getting behind the wheel, he has carved out a path to success running flatbed.
January 30, 2025
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Regulations
New 'Expedited Inspection' service available through select ELDs
It's not a full Level 8 automated, no-stop inspection, yet the new service from Fleetworthy's Drivewyze automatically transfers fleet and vehicle registration data and driver hours over the air, directly to roadside enforcement to pre-fill inspection forms.
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