When ELD tampering and GPS spoofing go unchecked, gaps in trailer visibility open the door to cargo theft. Here’s how GenLogs is using visual intelligence to close that gap.
Here is another round-up of the most engaging and talked-about freight content from around the web and from us.
Plus: Feds probe fatal Florida crash tied to CDL failures, Trucking recession deeper than 2008 for some, Truckstop.com scoops up Denim for AI payments, and more.
Truck prices have seen a significant drop recently, with three-year-old trucks losing an average of $10,000 in May alone. A truck worth $140,000 about a year ago is now valued at only $77,000. This has caused those who financed these trucks with no down payment at a 6% interest rate to be $33,000 in debt above the value of their trucks.
Yikes! 3 year old truck prices fall another $10,000 on average in May. A $140,000 truck 14 months ago, is now worth $77,000. Almost half its value. Meaning all those loans that were taken out with $0 down 6% interest on a $140,000 Semi are now $33,000 underwater. Time to buy? pic.twitter.com/UDXZmPPHoX
— Tanner DeHart (@TannerDeHartFW) June 27, 2023
Plus: A Florida trucker charged in a fatal illegal U-turn crash, C.H. Robinson earns back its S&P upgrade, truck OEMs ditch the clean truck pact, and more.
FMCSA’s renewed English-language proficiency checks are sidelining drivers and igniting debate.
Truck manufacturers face steep order declines as regulatory rules remain unclear and tariff policy shifts. Some signs of recovery emerge, but the outlook stays cautious.
Six people died in a Charlotte underride crash, highlighting the severe dangers of cars sliding under tractor trailers.
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