Business

DAT, TransVix partner to offer rate futures for spot market

The Trucking Futures Exchange will allow carriers, shippers and brokers to buy and sell rates futures, leveraging DAT's data on lanes and pricing. TransVix says it wants to address volatility in spot market rates and capacity, where it says spot rates can swing by as much as 40 percent in a week on some lanes.

Read More

Alert to DOT: Industry shows unity against safety-rating change in light of CSA’s problems

A recent letter, urging DOT to scrap the Safety Fitness Determination rulemaking as premature, brings in a large variety of state and private industry associations as signatories, including ATA, OOIDA, NASTC and WSTA. The broad nature of the coalition should "indicate how seriously everyone views this issue."

Read More

As tax time looms, owner-operators shouldn’t overlook these deductions

Here are five of the most common deductions for owner-operators, says trucker tax expert Dennis Bridges, an Atlanta-area CPA who works with about 1,000 owner-operators. Savings for these add up to $3,000 for those in the 15 percent tax bracket -- and more for those in the 25 percent bracket.

Read More

Winter doldrums in the spot market for vans, reefers

Van rates may have hit bottom for the season, says DAT's Ken Harper. "There are reasons to be cautiously optimistic, however, for spot freight. "Volumes on the top 100 van lanes were up 2.5 percent over the previous week, and about the same month over month."

Read More

Maine suspends hours regs for heating fuel haulers; California reopens roads near Oroville Dam

Any carriers delivering home and business heating fuels in New Hampshire and Maine are exempt from hours-of-service regulations, per emergency declarations in each state.

Read More

Efreightsolutions, Trucker Tools integrate Load Track

The Trucker Tools app's "Load Track" feature has been integrated with Efreightsolutions' cloud-based transportation management system, allowing for real-time freight tracking, driver messaging and electronic proof of delivery.

Read More

Negotiating the brokerage contract: Back solicitation, detention and more

Leander Richmond of Mich.-based eight-truck Eagle Express Inc. learned the hard way of one broker's no-detention-pay standard policy at first-come first-served shipper/receiver facilities -- likewise the "insulting" offer when he objected.

Read More

POLL: Your first contact with your current leasing/employing carrier?

Leased/company drivers, where did your first awareness/contact of the company you're leased to or work for today come? Were you referred by a friend or a fellow driver with the company, catch an online advertisement that spurred further action, or something else?

Read More

Big carriers’ revenues and profits shrunk in 2016

Owner-operators weren't the only segment of the industry that struggled with tough freight conditions and poor rates in 2016. Some of the country's largest fleets saw their revenue and income take a hit too, according to earnings reports issued in recent weeks by large publicly traded trucking companies.

Read More

iGlobal’s Edge MDT portable scanner/ELD

The Florida-headquartered company's unique among ELD providers in promoting its Edge MDT -- a combo high-speed scanner, ELD and all-around ruggedized mobile office with push-to-talk functionality and more -- as manufactured in the state of Ohio.

Read More