Hefty increases in truck driver wages are expected to propel truckload rates higher in 2015, pushing pricing up by double digits, a transportation analyst warns. “While our current earnings models assume low-to-mid-single-digit (truckload) price increases over the next couple of years, we would like to point out these estimates will likely be proven wrong,” David […]
Rising Driver Compensation Could Up Truckload Pricing Read More »
The Arkansas Trucking Association Self-Insurers’ Fund has declared a $1 million dividend to 48 trucking companies that are enrolled in its workers’ compensation insurance trust. The Arkansas Trucking Association created the insurance trust in 1993 to pay the workers’ compensation claims for employees injured on the job. Employees of trucking companies that enrolled in the
ATA Announces $1 Million Dividend from Workers’ Compensation Fund Read More »
Craig Harper J. B. Hunt Transport Chairman of the Board, ATA Depending on your outlook, the trucking industry has many daunting challenges to address or critical opportunities to seize in 2015 and beyond. Of course perspective matters, but this is not just a clever case of semantics. It’s about mindset. Research suggests a powerful link
Up Front- Seizing Opportunities Read More »
By Steve Brawner, Contributing Writer The ideal truck driver is a 20-year veteran who is physically fit, has worked only for one carrier, has never had an accident and has already been named Driver of the Year. Unfortunately, there aren’t many drivers like that available. In fact, the reality is just the opposite. According to
The Last Word – Change Marketing, Driver Roles to Recruit Young Drivers Read More »
FMCSA’s Compliance, Safety, Accountability (CSA) system for evaluating carrier safety has long been criticized by the trucking industry. Trucking points out that CSA does not distinguish between accidents in which the truck or truck driver is to blame and accidents in which the truck clearly was not at fault. Accidents factor into CSA’s Crash Indicator
CRASH ACCOUNTABILITY TOO EXPENSIVE AND INEFFICIENT FMCSA SAYS Read More »
There are now 3.2 million more Americans earning paychecks than there were 12 months ago. That additional cash tends to boost consumer spending, which drives about 70 percent of economic growth. Americans are feeling better about the economy. Consumer confidence jumped in January to its highest level in a decade, according to a survey by
CONSUMER CONFIDENCE, SPENDING SIGNALS ECONOMIC RECOVERY Read More »
The for-hire trucking industry added 2,400 jobs in January on a seasonally adjusted basis, according to the Department of Labor’s monthly report, released Feb. 6. It also upwardly revised December’s job gains to 11,900 — up from the 7,300. For-hire trucking employment now totals 1.443 million on a seasonally adjusted basis — up 3.5 percent
TRUCKING EMPLOYMENT NEAR 8-YEAR HIGH Read More »
Federal officials are making permanent a controversial three-year pilot program that allows Mexican truckers to haul goods inside the U.S. beyond the border zone. FMCSA will soon start accepting applications from Mexican truckers who didn’t participate in the pilot but want the authority to operate beyond the U.S.-Mexico border region. The move is likely to
U.S. MAKES CROSS-BORDER MEXICAN TRUCKS PERMANENT Read More »
Predicted to run $770 million over budget, newly-elected Governor Asa Hutchinson (R-Ark.) has called for the state’s “private option” Medicaid expansion to continue in its current form only through 2016. “This avoids harm to the 200,000-plus covered through the private option and assures our hospitals and providers financial stability,” Hutchinson said during an address at
ARKANSAS GOVERNOR PROPOSES TO END MEDICAID EXPANSION AFTER 2016 Read More »
ABF Logistics has purchased Smart Lines Transportation Group, a truckload brokerage firm based in Oklahoma City, for $5.17 million on Jan. 2. Smart Lines, founded in 2003, has 24 employees and approximately $18 million in annual revenue, primarily serving the food, energy and industrial segments. The acquisition will expand ABF Logistics into the Oklahoma City
ABF ACQUIRES SMART LINES TRANSPORTATION GROUP Read More »