The latest release of ACT Research’s For-Hire Trucking Index, with August data, showed a drop in volumes and pricing, with a still-strong supply-demand balance. Tim Denoyer, vice president and senior analyst at ACT Research, said demand remains strong despite declining volumes, which is due in part to capacity limitations from ports to trucks to trailers […]
Diesel prices across the United States hit the highest national average since December 2014 during the week ending Sept. 27, according to the Department of Energy’s weekly report. The U.S.’ average price for a gallon of on-highway diesel now stands at $3.406, up 2.1 cents over the previous week. This week’s price is the highest […]
The Department of Transportation is requesting information from trucking and other transportation industries to assist DOT in preparing a report for President Biden on supply chain disruptions. Specifically, DOT is soliciting “practical solutions from a broad range of stakeholders to address current and future challenges to supply chain resilience in the freight and logistics sector.”
Daimler Trucks North America (DTNA) will make the Allison 3414 Regional Haul Series (RHS) available beginning this month on Cascadia models spec’d with a DD13 Gen 5 engine. Production is set to begin as early as January. Mary Aufdemberg, DTNA general manager of product strategy and market development, noted the addition of the Allison RHS to Freightliner’s powertrain […]
Maurice Fayne, who starred in the reality TV series “Love & Hip Hop: Atlanta” and owned Flame Trucking, has been sentenced to more than 17 years in federal prison for conspiracy and wire fraud related to a Ponzi scheme, and for bank fraud and making false statements to a financial institution related to a fraudulent […]
Louisiana staged-accident fraud scheme up to 40 indictments, 27 guilty pleas United States Attorney Duane A. Evans has recently announced two more guilty pleas and seven new indictments in the widespread staged-accident fraud scheme in New Orleans, bringing the total to 40 indictments and 27 guilty pleas. On Aug. 2, Genetta Israel, 53, of Houston, […]
Not enough trucks. Not enough trailers. Not enough drivers. That’s trucking in 2021 – or at least a widely held perception of it. Surging freight spurred by ongoing pandemic recovery coupled with stagnating capacity has added to the notion that there’s an ongoing driver shortage, yet FTR Vice President of Trucking Avery Vise noted that in terms of […]
Knight-Swift Transportation Tuesday announced the launch of a services division that offers small fleets buying power and leverage common among large carriers. Iron Truck Services brings together services like insurance, equipment maintenance, fuel purchasing, and truck sales and rentals and offers discounted solutions to truckload carriers by leveraging the scale and infrastructure of CCJ Top 250, No. […]
The Class 8 auction market heats up more each month, and retail selling prices continue to crush records as the industry stands at the confluence of a strong freight market, an inadequate supply of low- to average-mileage used trucks and a shortage of drivers. J.D. Power Senior Analyst and Product Manager of Commercial Vehicles Chris Visser, a guest […]
