Trump suspends planned tariffs for Mexico, that’s good news for trucking

Late afternoon President Donald Trump informed the public that he is suspending his plan to impose tariffs after reaching a deal with Mexico.

In a tweet released late afternoon, Trump wrote – “I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended.”
Trump also wrote – “Mexico, in turn, has agreed to take strong measures to stem the tide of Migration through Mexico, and to our Southern Border.”

Those are great news for the whole country but especially for the state of Texas, which was bracing for massive jobs losses because of heavy reliance on trade with our southern neighbor. Those are also great news for the trucking industry and trucking companies which are involved in transporting goods between the US and Mexico.

Our beautiful President at itrucker.com, admin and co-founder of Facebook group Truckers of Past, Present and Future, and iTrucker Facebook Page.

The Federal Motor Carrier Safety Administration is asking truck drivers and industry stakeholders for information about driver detention times at shipping and receiving facilities and the potential impacts those delays have on highway safety.- According to article in  overdriveonline.com and its author 

A full list of questions can be found in the notice here.

Read the full HERE

Source and credits : overdriveonline.com

“Job growth fell well short of expectations in May as the economy added just 75,000 workers to payrolls during the month. Within the transportation and logistics sector, job growth also struggled as trucking hires continue to stall in the 2nd quarter.” – According to article in http://freightwaves.com and its author Ibrahiim Bayaan

Bayaan also wrote – “The Bureau of Labor Statistics (BLS) reported that the economy added 75,000 workers to payrolls in May. This fell short of consensus estimates of a 180,000 job gain and is a marked slowdown from the strong pace of hiring in the previous month. In addition, results from both April and March were revised down by a combined 75,000 jobs, indicating that trends in hiring have not been quite as strong as previously thought.”

Read full story HERE

Source and credits : freightwaves.com /  Ibrahiim Bayaan, Chief Economist & Market Expert

 

 

 

“Truck drivers hauling for their own business received a lift in 2018 from President Donald Trump’s Tax Cuts and Jobs Act, according to analysis from tax consultancy ATBS.” – According to the article in freightwaves.com and its author John Gallagher

Gallagher also wrote – “That assessment, however, which was based on preliminary data compiled from over 3,000 tax returns by the Lakewood, Colorado-based company, did not align with concerns from members of Black Smoke Matters, who blame the President’s tax cut legislation for smaller paychecks.”

Read the full story HERE

Source and credits: freightwaves.comJohn Gallagher, Washington Correspondent

“Border Patrol agents in Laredo, Texas, are on the lookout for a truck driver who fled from a checkpoint, abandoned his truck and took off on foot Sunday, June 2.”- According to article in overdriveonline.com

Read full story HERE

Source and credits : overdriveonline.com

“Many trucking companies refuse to hire a truck driver with a positive drug or alcohol test in their past, while others may allow a positive test if it is far enough removed from current service. Drug and alcohol testing is such a red herring for fleets and their insurers, though, that drivers will do anything they can to get around the testing and avoid any hint of past use.” – According to article in freightwaves.com and its author Brian Straight

Straight also wrote – “That is why the Federal Motor Carrier Safety Administration (FMCSA) has taken steps to eliminate the most common trick employed by drivers to get a job – fail a pre-employment screening test at one fleet and quickly go to another fleet for a job before that failed test shows up on their record, a process that can currently take weeks or even months.”

Read full story HERE

Source and credits : freightwaves.comBrian Straight

“It appears likely that the Federal Motor Carrier Safety Administration will miss its projected June 7 date for unveiling its proposal for overhauling hours of service regulations and opening the proposal up for public comments. With just two days remaining until that date, the White House’s Office of Management and Budget has yet to stamp its approval on the proposal, which it must do before FMCSA publishes the document.” – According to article in overdriveonline.com and its author 

Jillet also wrote – “Also in the meantime, and perhaps more pressing, Congress could stick its nose into the hours overhaul process. Tucked into a budget bill that cleared the House’s Appropriations Committee on Tuesday is a provision that would, in effect, protect the 30-minute break within current hours regs.”

Read full story HERE

Source and credits : overdriveonline.com

“A mechanical engineering student who supported himself by driving a truck faces deportation from Canada to India for working more hours than his study permit allowed”.- According to the article in freightwaves.com and its author Nate Tabak

“Jobandeep Sandhu was pulled over during a routine traffic stop on Highway 401 between Montreal and Toronto in 2017. But upon examining his log book, a police officer discovered that he had worked more than 20 hours – above the weekly limit under his permit to study in Canada”. – Tabak also wrote

Read the full story HERE

Source and credits: freightwaves.comNate Tabak, Canada Correspondent

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