Tagged: Transportation

Highway truck Semi in mountains

Trucking may have peaked, analysts say

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…

NTSB Issues “Most Wanted’ List for 2021-2022

NTSB Issues “Most Wanted” List

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…

Mobile River Bride Alabama

Alabama Proposes Truck Toll

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…

Forklift Loading Truck

Freight Rates Push Vehicle Demand

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…

SBA Paycheck Protection Program (PPP), PPP Money Likely To Be Extended

PPP Money Likely To Be Extended

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…

Green Trucks in Lineup

Fleets Expect Strong Growth This Year

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…

Even without a pandemic, U.S. trucking was looking at a tough time this year. When the year began, the industry was coming off a challenging 2019, when overcapacity and weak pricing forced at least 795 trucking companies to close. It’s important to note that a great many small carriers close every year. That’s because a disproportionate number of them are lightly funded, one-person operations. Still, closings last year were inordinately high, according to industry studies.

Support Grows For Younger Drivers

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…

Pittsburgh, PA, USA

Truckers Oppose Bridge Tolls

Truckers are pushing back at a Pennsylvania Department of Transportation’s proposal to add tolls to nine vehicle bridges across the state, including on Interstate 79, to close a funding gap to widen the roadway and…

Tank Transport