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Business: Page 39
FMCSA's Hutcheson clears hurdle toward confirmation as agency's boss | $4M in suspected meth uncovered at border
Robin Hutcheson was recommended by the Senate Commerce, Science and Transportation Committee for confirmation as FMCSA Administrator. Also: Nominations closing soon for Citizen Driver award; driver arrested after border inspection reveals suspected meth.
June 24, 2022
White House calls for fuel-tax holiday -- including diesel tax | Brake Safety Day out of service results
Wednesday, Biden administration urged Congress to exempt fuel purchasers from the federal fuels taxes -- 24.3 cents per gallon of diesel currently. Biden called for a three-month holiday. Also: Brake hose chafing OOS violations make a small rise.
June 23, 2022
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Spot rates ended May down, despite some bright spots -- flatbed rates dropped sharply in the last week, though
With contract rates continuing to break record highs, spot rates all-in have slipped, with the exception of the flatbed segment's strength throughout the last month. This past week, however, flat rates took a turn, dropping almost 9 cents on average.
June 22, 2022
Partners in Business
Partners in Business tip: Properly spec your tires
Did you know that properly spec'ing your tires can save you money? Spec'ing your tires can reduce tire cost per mile and reduce fuel cost per mile. Learn more.
March 24, 2021
Regulations
I-81 enforcement blitz, truck parking roundtable | Trucking conditions bounced back in April after miserable March
The I-81 Corridor Coalition holds a series of virtual roundtable discussions on truck parking from Wednesday, June 22 to Friday, June 24. Also: FMCSA's enforcement blitz on I-81; FTR's Trucking conditions index was positive in April, despite headwinds.
June 21, 2022
Business
'There is not a shortage of DEF,' say nation's truck stops
Truck stops say there is no shortage of DEF, despite reports that railway constraints and Russia's invasion of Ukraine have made distribution problematic.
June 20, 2022
Overdrive Extra
'What do I do now to stay in business?' 5 tips toward reining in costs
W. Joel Baker answers the question in the title, one he's been getting increasingly from struggling small fleet owners. The answer? Part of it is to avoid the self-inflicted wounds common to trucking business owners who've grown too quickly.
June 20, 2022
Business
Large Canadian cross-border fleet acquired | I-5 closures next week
Fastfrate Group acquired a majority stake in Ontario-based Challenger Motor Freight. Also: I-5 closures in Washington state next week; Pilot expanding into compressed natural gas business.
June 17, 2022
Overdrive Radio
Maximum daily driving/duty flexibility in HOS, and the owner-op in pursuit of it
For this edition of Overdrive Radio, we're joined by Lee and Lisa Schmitt. Lee's exemption request from parts of the hours of service turned plenty heads when it hit the Federal Register recently. Also: We pause to recall an owner lost far too soon ...
June 17, 2022
Business
Biden warns oil and gas companies to get prices down
President Joe Biden on Wednesday issued a scathing letter calling on oil and gas companies to take steps to reduce fuel prices or face the full might of the federal government's power to intervene.
June 15, 2022
Parking
Two Pennsylvania rest areas closed through next week
Two I-79 southbound and northbound rest stops near the Crawford-Erie county line in Pennsylvania closing for 10 days. Also: OTR Capital is now OTR Solutions; Former OOIDA director joins ATA; Mack calendar winners announced; pre-CDL waiver updates.
June 15, 2022
Channel 19
Remember 'reverse price gouging'? A success story in resistance
The phrase reared its head with the story of one operator's recent resistance to a broker's attempt to cut an agreed-to rate in half on a double-drop trailer load toward Chicago. The operator urges others to similarly "hold the line" on profitability.
June 15, 2022
Partners in Business
Partners in Business tip: Keep your records
Maintain your receipts and other tax records for at least three years. Here’s why…
July 9, 2020
Regulations
Congress passes legislation aimed to address port challenges | Top 15 truck stops ranked
Trucking groups lauded the passage of the Ocean Shipping Reform Act. Also: Comment period reopens on FMCSA's proposal to lower UCR registration fees; what are the top 15 truck stops?
June 14, 2022
Overdrive Extra
Have the 'good old days' arrived? A case for the value of automation
Despite record fuel prices, continuing dock delays and other inefficiencies, Verlen Larsen makes a case for what he sees as a series of positive business-process developments that help this trucking generation "earn a living and be happier doing it."
June 14, 2022
Business
ACT Research: Chances of recession 'essentially 50/50' | Spot rates tick down for vans, reefers
While the firm still believes the economy will have a "soft landing," the chances of a recession are growing by their estimation. Also: Spot rates drop for vans, reefers; steering gear recall hits Daimler, Volvo trucks; toll rates increasing in Indiana.
June 13, 2022
Overdrive Radio
California trucking at a crossroads: AB 5, $7 diesel and a special truck show in the offing
Car-haul small fleet owner C.G. Soza of California's Central Valley has a lot on his plate: the $7-plus diesel he's seen this week, planning around AB 5 contingencies with his leased haulers, and more. Catch a preview here of his Merced truck show, too.
June 10, 2022
Regulations
OOIDA hammers at FMCSA priorities after boss' Senate hearing remarks on 'driver shortage,' younger drivers
The Association questioned FMCSA priorities -- speed limiters, under-21s over the safety impacts of truck parking, for instance -- after Robin Hutcheson's Senate hearing this week, where she invoked the "driver shortage" specter OOIDA called "mythical."
June 9, 2022
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Massive Microsoft outage hits diesel pumps, creates permitting nightmares
A massive outage of Microsoft and the Crowdstrike security platform snarled diesel availability and created permitting nightmares for truckers across the country on Friday.
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Ben Cadle's personal 2024 Pete 389, custom-built with Semi Casual assist
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Timeline for AEBs, broker transparency, other rulemakings in the works
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