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Tank Transport Trader presents the latest news from the Transportation Industry, economy, movements, politics and regulations, research and reports, funding, technology – and more news for the transportation & liquid dry-bulk industry –
A coalition of trucking companies filed a petition in May to force an Indianapolis, Ind.-based freight brokerage into Chapter 7 bankruptcy proceedings for unpaid transportation services. The involuntary Chapter 7 bankruptcy petition, filed in U.S…
With trucking rates so high, companies are wrestling with the new reality that a driver doesn’t need to work a full schedule to pull in a decent salary, David Parker, chief executive of Covenant Logistics…
Data from the Council of Supply Chain Management Professionals’ Logistic Managers Index shows that between May 2020 and February, inventory costs, warehouse prices and transportation prices were between 27 to 39 points higher than the…
The National Transportation Safety Board (NTSB) ’s latest “Most Wanted List” of the top 10 transportation safety improvements highlight several highway and driver-related safety recommendations, including a recommendation to require collision-avoidance technologies on all vehicles…
The world is a different place today than it was at the beginning of 2020 mainly because of the coronavirus, which has led to big changes in the economy, socializing and executing business. Global chemical…
Alabama authorities last month proposed a plan to place a toll on tractor trailers only to help fund the construction of a new bridge. During a news conference held in Spanish Fort, Ala., City of…
Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…
A two-month extension of the Paycheck Protection Program (PPP) was expected to be approved by President Biden following a Senate vote in late March. The 2021 version of the PPP originally was scheduled to end…
Many publicly traded fleets are optimistic about growth this year, saying they expect rate increases ranging from high single digit to low double digits. One carrier even anticipates rate increase percentages in the mid-teens. As…
A group of bipartisan legislators reintroduced the DRIVE-Safe Act to address the growing shortage of professional truck drivers in the U.S. by allowing certified commercial truck driver’s who are under 21 to cross state lines…
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