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Business: Page 3
New York trucking group sues NYC over congestion truck tolls, guv halts program
The Trucking Association of New York (TANY) last week filed a lawsuit against the New York City Metropolitan Transportation Authority (MTA) over a congestion pricing framework in New York City that was supposed to begin at the end of the month.
June 5, 2024
With registration-overhaul push, does FMCSA have a sole-proprietor problem?
FMCSA plans to attempt ID verification of every business entity registered in its system later this year, yet will it overlook thousands of sole proprietor businesses? The agency acknowledged potential issues in a recent session detailing overhaul plans.
June 5, 2024
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July 16, 2024
Service, loyalty might mean little to a shipper today, but we can't give up on them entirely
Past Small Fleet Champ Jason Cowan: "If we accept a lower rate on the hopes that we will ask for a higher price next week, we are kicking the can, fooling ourselves we are making progress." Here, a few examples of better ways through the downturn.
June 4, 2024
Business
Flexport inviting brokers into the relaunched Convoy Platform
The Flexport company opened up its new Convoy Platform to brokers, officially exiting the broker game and distancing itself from the model that sank the original Convoy, leaving carriers unpaid.
June 3, 2024
Parking
Truck Parking Club turns free spaces paid: Is this the future of parking?
Truck Parking Club, the "AirBnB of truck parking," crosses a line, some truckers contend, by turning previously free spots at major truck stops to a pay-to-park model. A closer look shows new effort by TPC to respond, better manage a growing network.
June 3, 2024
Voices
Who is really hauling all the cheap freight? Owner-ops weigh in
What's behind all the cut-rate freight? Foreign carriers evading taxes? A government subsidy scheme? Clueless carriers headed for the poor house? Overdrive readers weigh in.
May 30, 2024
Business
Diesel prices continue to drop, hit 2-year low, as rates tick up | I-17 closure upcoming
Fuel's national average is the lowest it's been since January 2022. Also: I-17 SB in north Phoenix will be closed this weekend, May 31-June 3; Trucker Path adds prescription drug card to free offerings in app.
May 29, 2024
Trucker of the Year
Fuel mileage gains, business prowess power Trucker of the Month
Alec Costerus, owner of two-truck Alpha Drivers Transportation, was an owner-op for 8 years before coming off the road for a medical issue. He started the new business in 2022 with a mind toward growth, and a pay-for-all-time approach to operators.
May 29, 2024
Regulations
FMCSA's lease-purchase task force to discuss safety incentives, opportunities in agreements
The Truck Leasing Task Force is hosting two virtual public meetings this summer. Also: PHMSA considering increase to hazmat transport registration fees; cargo theft, FET, cost of truck bottlenecks among ATRI's 2024 research priorities.
May 28, 2024
Overdrive Extra
Fighting 'cheap freight' one load at a time: Get a real read on revenue, costs
Given the speed of spot freight transactions, owners are running with rates in their playbook that are, at best, guesstimates for the cash needed to pay the business's bills and then some. Here, two good questions to answer toward better profits.
May 28, 2024
Business
Flexport complaints by Peloton, Giti Tire allege millions in excessive charges
Convoy Platform's new owner, Flexport, stands accused of wrongly charging millions in detention and demurrage to the two shippers. In other news: I-95 back open fully after deadly tanker explosion and temporary repairs; latest Highway Angel.
May 27, 2024
Overdrive Radio
2 pristine custom '24 Pete 589s | Standout owner to the next generation
Part 2 of our talk with May Trucker of the Month and longtime owner-operator Gary Schloo features his advice for the next generation of truck owners, likewise a special treat: A window on the two custom 589s you see here, with Semi Casual's custom shop.
May 27, 2024
Regulations
Blue Star ELD back on FMCSA registry
After being placed on the agency's revoked devices list Tuesday, the Blue Star ELD is back on the registered devices list. Also: TA kicks off St. Christopher Truckers Relief Fund fundraiser campaign; new service helps states with OS/OW permitting/routing.
May 23, 2024
Business
Fuel prices continue to fall, but Roadcheck rates bump fails to materialize
Good news and bad news for owner-operators during the last week -- fuel prices are down, but the typical bump in rates for Roadcheck was the weakest in years. Also: Bills would cut red tape for vets to enter trucking; new truck parking; more.
May 22, 2024
Regulations
New bill would let FMCSA fine double brokers $10,000, crack down on shady actors
A bipartisan bill introduced in the House would "hold FMCSA's feet to the fire" in push against fraudsters bleeding $800M a year out of the trucking industry.
May 22, 2024
Regulations
'We're hemorrhaging money': Big brokers, shippers feel the heat from double brokers
Brokers and their trade group, the Transportation Intermediaries Association, are feeling the heat from freight fraudsters and pushing new laws and tactics to fight back. They hope carriers and shippers alike take up arms with them.
May 20, 2024
Overdrive Radio
Running the High Road with tour-haul small fleet | Roadcheck chicken-house wrap
Introducing Nashville/Boston-headquartered small fleet owner Sharon Lee and her High Road concert-hauling business. Also in this Overdrive Radio: Last year, Mike "Mustang" Crawford found every scale he passed closed during Roadcheck. Not so this year.
May 20, 2024
Business
I-17 closure this weekend | Rates, financing costs dent trucking conditions
FTR noted that March's poor rates may end up being an outlier in the slow freight market recovery. Also: I-17 closure planned in Phoenix; Kenworth sets production schedule for natural gas Cummins X15N-equipped trucks; latest Highway Angel.
May 16, 2024
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