Prices for Used Trucks Continue to Rise as More Late Models Hit the Marketplace
Used-truck values reached a record in October, with the average price for a sleeper cab at just more than $61,000, the American Truck Dealers reported.
January 5, 2015Trucking Stocks Post Gains; Likely to Extend Into 2015
Most trucking company share prices last year recorded solid increases, including a few that were spectacular.
January 5, 2015Fate of Cross-Border Trucking Still Unclear After Report Calls Mexican Pilot Too Small
The possibility of more Mexican trucks running in the United States is still up in the air after a recent report by the Department of Transportation’s Inspector General concluded participation in a three-year pilot program was too small to yield sufficient safety data.
January 5, 2015It’s a Happy New Year for Truck Driver, who is $2.2 Million Richer
A 39-year-old truck driver from Parkville, Maryland, hit it big in the Maryland Lottery last week – and it’s not the first time he has done so.
December 31, 2014Year in Review: Trucking Posts Strong Gains, But Legislative Battles Rage
A strengthening economy lifted demand for freight hauling during 2014, boosting rates and profits and triggering a rush to buy new tractors and trailers as carriers scurried to keep pace.
December 31, 2014Despite Falling Oil Prices, Fed Expected to Raise Interest Rates Midyear
Economists are slashing U.S. inflation forecasts for 2015 as oil prices tumble. What’s not changing are predictions that the Federal Reserve will raise its benchmark interest rate anyway, probably around mid-year.
December 31, 2014Truck Tolls on Illinois Tollway Will Jump 40% on Jan. 1
Truck tolls on the Illinois Tollway will increase by 40% starting Jan. 1, part of a rate schedule the tollway laid out in 2008 over trucking industry objections.
December 31, 2014STB to Consider Permanent Rail Service Reporting
The Surface Transportation Board said it would consider whether an interim requirement for railroads to file detailed weekly service performance reports in the wake of ongoing freight delays should be made permanent.
December 31, 2014Automated Transmissions Offer Fuel Savings, Driver-Retention Benefits, Study Finds
Fleets can expect to boost fuel efficiency and reduce driver turnover by adopting automated manual or fully automatic transmissions, according to a new study.
December 31, 2014Jobless Claims Rise by 17,000 During Volatile Holiday Period
More Americans filed applications for unemployment benefits for the first time in five weeks, displaying the typical year-end holiday swings that make the data difficult to interpret.
December 31, 2014