News
Freight brokers see more hot loads as carriers manage yield
Story by: John Paul Hampstead, Associate Editor @ FreightWaves Freight brokers said in interviews this week that sustained higher volumes are now making an impact on their businesses as revenue per load and margin per load increase. Brokers reported that more ‘hot loads,’ or shipments tendered with little lead time because they have been rejected […]
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Major winter storm to impact the Northern Rockies and surrounding areas this Weekend
An anomalous upper-level low-pressure system dropping into the Northwest this afternoon will be responsible for the development of an early-season and major to potentially historic winter storm across portions of the Northern Rockies this weekend. According to wpc.ncep.noaa.gov This storm will bring very heavy snowfall, high winds, blizzard conditions, and extreme impacts to travel. Western […]
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FMCSA may face trouble in assessing carrier safety scores
Story by: John Gallagher A federal watchdog has warned the trucking industry’s top regulator that more changes are needed to improve how it evaluates carrier safety compliance. In a 27-page report made available on September 27, the U.S. Department of Transportation’s Office of Inspector General (OIG) asserted that while a safety action plan by the Federal Motor […]
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Used truck prices drop for first time since January 2018
Story by: Alan Adler The final average price of total used Class 8 trucks in August fell 1 percent year over year, the first price decline since January 2018, according to ACT Research. For the year to date, prices are up 7 percent. Overall, used truck sales were down 19 percent through August this year compared […]
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FBI offering reward for information on fugitive believed to be trucker
The FBI is offering a reward of up to $5,000 for information leading directly to the arrest of an Ohio man believed to be working as a truck driver or dispatcher. According to the article from overdriveonline.com Izmir Ali Koch was indicted for failure to self-surrender at a West Virginia prison to carry out his […]
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Covenant Transport to close its truck service in Mexico
Story by: Noi Mahoney at FreightWaves. Covenant Transport has decided to end all service to the interior of Mexico, citing dropping spot market pricing, increasing detention times and an inability to gain the freight density needed to balance costs. “After five years servicing the interior of Mexico, Covenant Transport Services will, in coming months, end […]
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Blizzard to slam northern Rockies this weekend
Story by: Nick Austin, Director of Weather Analytics and Senior Meteorologist The northern Rocky Mountains are about to get a harsh blow from Mother Nature. A potential blizzard-like storm could shut down roads and knock out power in many high-elevation areas. The National Weather Service (NWS) has already issued a Winter Storm Watch for parts […]
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Tech company petitions FMCSA to allow camera systems to replace mirrors on trucks
Story by: Matt Cole Another technology company that manufactures mirrorless rearview camera systems for trucks is petitioning the Federal Motor Carrier Safety Administration to allow its system to be used on trucks in the United States. According to Matt Cole and his article in the overdriveonline.com Vision Systems North America (VSNA) is asking FMCSA to […]
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Lawsuit sheds light on aborted Omnitracs deal, shows that telematics provider may be in troubles
Story by: John Paul Hampstead, Associate Editor A federal lawsuit filed last week in the Central District of California against Vista Equity Partners, a private equity firm with more than $50 billion of assets under management, alleged that Omnitracs, a leading telematics provider for the transportation and logistics industry, is in dire financial straits. Dr. […]
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