Spot rates just hit record highs, while the carrier pool is shrinking. Plus: shippers get a win on trucking liability, the oldest tax in trucking is on the chopping block, Ohio puts 5,000 CDL holders on notice, and more.
Seven straight months of spot rate gains. Independent freight agents are built for this market. Here's what the thriving ones are doing differently.
“Hold on, we've got something here where these guys are hungry to grow. We're hungry to grow." So, if we work together, we can help them grow their business."
FMCSA initiates a new study with 80 carriers and 2,500 CMV drivers to assess the impact of driver detention time on safety and operations.
The Federal Motor Carrier Safety Administration (FMCSA) is launching a new study to examine the impact of driver detention time on safety and commercial vehicle operations. The agency will collect data from around 80 carriers and 2,500 commercial motor vehicle (CMV) drivers, aiming to analyze how long loading and unloading delays at docks affect both safety and efficiency. This comes as a response to detention time, often unpaid, being a long-standing issue affecting revenues and safety in the trucking industry.
Source: Transport Topics
Plus, STG's path out of bankruptcy, Wyoming's "Truck Around and Find Out" operation, what "phantom capacity" means for Mexico lanes, and more in today's newsletter.
Plus, a cabless autonomous truck just raised $24M, non-domiciled CDLs rules need clarifying, CSX posts a 26% profit jump while watching the UP-NS merger closely, and more in today's newsletter.
Plus, USPS gives non-domiciled CDL carriers an 11-day deadline, the spot-to-contract spread starts squeezing 3PLs, Knight-Swift trims its Q1 guide but stays bullish, and more.
Plus, Super Ego fires back at 60 Minutes, China tells Maersk and MSC to exit Panama ports, New York loses $73.5 million over non-domiciled CDLs — and more in today's newsletter.
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