More Selective Lending Crimps Truck Buyers' Purchase Power
Slumping truck sales and a glut of used equipment are giving truck buyers great bargains, but a rising number of defaults and repossessions has also made it more difficult for truckers to get financing.
States Exhibit Rising Interest in Toll Roads
Some freeways may soon give way to tollways as cash-strapped states turn to entrepreneurs and private investment capital to build highways, bridges and tunnels to ease congestion and expand highway capacity.
Economy Improving, TIA Members Told
DALLAS – In another encouraging sign for trucking, freight brokers and forwarders say they are seeing signs of an economic turnaround.
ATA, TCA Hold Discussions About Reuniting Groups
WASHINGTON — American Trucking Associations Chairman David G. McCorkle said last week discussions are under way that could lead to a settlement of differences between ATA and the Truckload Carriers Association.
Draft of Anti-Terrorism Plan for Trucks Due in March
WASHINGTON — Truck drivers will be at the heart of an anti-terrorism plan international security expert Jeffrey K. Beatty is developing for American Trucking Associations.
UPS, Teamsters Launch Contract Negotiations
The Teamsters union and United Parcel Service kicked off negotiations over a new contract Jan. 30 with both sides saying they want to avoid a repeat of a 15-day strike in 1997.
Pallet Reefers Could Transform Freight Movements
Louis P. Saia III says he is out to “change the way temperature-controlled less-than-truckload freight moves forever.”
Many Factors Figure In The Search For Insurance
With fewer insurers willing to write trucking policies today, it’s more important than ever for carriers to present their companies in the most favorable light possible to get the best rate quote.
Risk Retention Plans Appeal to Some Trucking Execs
Two years ago, Ronald Inberg, managing director of Marsh USA, a New York-based insurance brokerage firm, had a hard time convincing a group of trucking executives to pool their resources and form their own insurance company.
Insurance Rates Skyrocket
Trucking companies paid an average of 32% more for insurance in 2001 than the year before and are likely to pay even higher premiums in the future, according to an American Trucking Associations survey of 1,000 carriers.