TRUCKING NEWS FOR THE PROFESSIONAL TRUCKER
Apr 09, 2020
By Pat Pitz The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) includes $2 trillion in economic stimulus funds. Included in the relief package is funding for state and local governments and industries hit hard by COVID-19, such as hospitals and airlines. But what’s in it for carriers, brokers and owner-operators? Below are […]
Jan 21, 2020
By Pat Pitz One day before California’s Assembly Bill 5 (AB5) was to take effect on Jan. 1, 2020, a U.S. District Court judge in California granted a temporary restraining order that prohibits enforcement of the law for the trucking industry. The restraining order will remain in place until Jan. 13, when the court will consider a motion for […]
Dec 18, 2019
By Pat Pitz There are a number of new regulations coming soon that have the potential to hit the trucking industry hard. Individually, each regulation may not move the needle much, but combined, they could turn the trucking environment from one of excess capacity to situation where trucks are hard to find. 1. AOBRD to […]
Sep 30, 2019
Posted by Tim Denoyer The freight market has been soft for almost a year, and in our view, slid into freight recession in the first half of 2019. The U.S. trucking industry faces a supply and demand imbalance – excess equipment capacity and not enough freight – which continues to press rates lower. Historically, freight […]
Aug 12, 2019
Posted by Allie Lewis California and Texas remain in flux with overall volumes roughly the same the last several weeks. Reefer produce failed to climb at the end of July, due in part to a sharp decline in volumes from Fresno. The national load-to-truck ratio for reefers was up 18% last week compared to the previous […]
