Editorial: The Cost of Waiting Is Going Up
Traffic congestion is getting worse, and so is the logjam on Capitol Hill as the Trump administration and congressional leaders struggle to come up with a viable program to fund the nation’s infrastructure.
May 22, 2017Uber Launches Freight App, Extends Reach Into Trucking
After surging to prominence with its ride-hailing app for car passengers, Uber Technologies Inc. is targeting trucking as its next big venture.
May 22, 2017Class 8 Truck Sales Fall 16.8%; Smallest Drop in 13 Months
U.S. retail sales of Class 8 trucks in April fell 16.8% to about 14,000 as soft freight rates and plentiful used trucks with weak valuations held demand in check, experts said.
May 22, 2017Auctions Move Variety of Truck Types; More Buying Activity Shifting Online
The used equipment sold at modern truck auctions includes much more than older models on their final legs. Today’s auctions move a wide range of equipment ages and types for a diverse set of buyers and sellers.
May 22, 2017Congestion Adds $63.4 Billion Burden to Trucking Industry, ATRI Reports
Traffic congestion added $63.4 billion in operational costs to the trucking industry in 2015, according to a new American Transportation Research Institute report.
May 22, 2017Sen. Bernie Sanders Revives Pension Bill to Shield Retirees From Cuts
Lawmakers on Capitol Hill again introduced legislation to address problems plaguing the multiemployer pension system, including truck drivers in the Central States and New York State Teamster funds.
May 22, 2017TL Contract Rates Flat in 1Q, Bid Process Irks Some Execs
Annual truckload contracts were relatively flat in the first quarter, ranging from a 3% decline to a 3% increase in rates year-over-year, according to trucking executives. But if the market tightens this year, then some executives believe shippers who pushed aggressively on prices would have a difficult time finding available trucks.
May 22, 2017Trailer Orders Rise 19% in April to 20,200; Positive Trend Continues for 7th Month
U.S. trailer orders in April rose 19% in what analysts said was an extended growth cycle that shows no signs of reversing.
May 22, 2017Weather Co., Riskpulse Team to Alert Truck Drivers to Road Conditions
The Weather Co., which owns Weather.com and the popular Weather Underground, launched a service May 15 that targets the trucking industry and interstate truck drivers.
May 22, 2017Infrastructure Plan, FASTLANE Grants to Be Announced Soon, Chao Says
WASHINGTON — Details of a long-term infrastructure plan and the recipients of additional funding for freight projects will be announced soon, Transportation Secretary Elaine Chao told a Senate panel May 17.
May 22, 2017