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Industry News
Friday Jan 30, 2015 - Trucking Company Robbed During Driver Funeral

A trucking company was robbed by thieves while all of its employees were away at the funeral of one of their co-workers who died helping others on the road.

The driver was going to help a stranded motorist on the side of the road on SR-78 in California when he was struck and killed by a passing motorist. The accident and funeral were widely publicized in the local media which means a long list of people knew the trucking company would be abandoned and for ap


Thursday Jan 29, 2015 - Trucking Company Owner Receives Maximum Sentence for Cargo Theft

The owner of a trucking company received the maximum sentence possible by a federal court in Missouri after pleading guilty last year for his role in a cargo theft scheme.

Nu World Trucking owner Earl Stanley Nunn, of Memphis, was sentenced to 10 years in federal prison without parole, and ordered to pay more than $3.5 million in restitution.

On July 14, 2014, Nunn pleaded guilty to theft of an interstate shipment. Nunn was the leader of a cargo theft ring that used the resource


Thursday Jan 29, 2015 - Available Loads Decline
By Evan Lockridge

Rates on the spot freight market continued falling the past week due to fewer loads available and increasing truck capacity, according to the freight matching service provider DAT Solutions.

Flatbeds posted the biggest decline Jan. 18 through Jan. 24 compared to the previous seven days, shedding 1.8%, for an average of $2.21 per mile. About three quarters of this drop was due to a decline in the line haul portion of the rate while the rest was due to a low


Wednesday Jan 28, 2015 - Driver Found Guilty of Carrying Load 10 Tons Over Limit

A Rancho Cucamonga trucking company and its driver were found guilty Monday by a jury of transporting an illegally overweight load on Long Beach streets, the Long Beach City Prosecutor's Office announced Tuesday.

A court case filed on July 14, 2014 stated that truck driver Guadalupe Martinez was stopped by Long Beach Police Department (LBPD) officers on April 9, 2014 for driving a Martinez Trucking and Logistic, Inc. truck with a load that exceeded the maximum legal weight limit by ove


Wednesday Jan 28, 2015 - Where to Buy Gasoline for $0.002 a Gallon, Seriously

(Bloomberg) -- Venezuela President Nicolas Maduro told lawmakers last week he’s considering raising gasoline prices.

That might be a good idea.

It’s been two decades since the government last lifted state-set local prices, the result of politicians’ concern that the move could spark protests like those that swept across the oil-rich nation following an increase in 1989.

Wednesday Jan 28, 2015 - Nebraska trucking facing challenges

Tuesday Jan 27, 2015 - How should FDA regulate practices governing safe shipping of human, animal edibles?

By Mark B. Solomon

It is one of those regulatory scenarios that companies pay trade associations good money to identify, monitor, and, if necessary, head off before it becomes another well-intentioned government rule that spawns unintended consequences.

In late 2013, the Food and Drug Administration (FDA), proposed requirements for shippers, railroads, truckers and receivers involved in the move


Tuesday Jan 27, 2015 - Do Sign-On Bonuses Work?

Half of truckload carriers are now offering sign-on bonuses as a way to attract new drivers, according to the American Trucking Associations' recently released 2014 Driver Compensation Study. The average sign-on bonus was $2,300.

Gordon Klemp with the National Transportation Institute says their pay package data tracking has shown bonuses as high as $15,000 for teams and $4,000 or more for solo drivers.

"In the second half of 2010, we had zero companies offering sign-on bonuses,


Tuesday Jan 27, 2015 - Freight capacity crunch easing

The latest Shippers Conditions Index (SCI) from FTR indicates that the capacity crunch the industry has been feeling is easing, although the firm warns that the longer-term outlook remains negative for shippers.

The SCI for November 2014 came in at a reading of -3.2, reflecting an easing of capacity tightness and lower fuel prices.

FTR said rising rates, though, will continue to impact shippers throughout this year. The SCI will likely hit


Monday Jan 26, 2015 - Trucking Industry to Congress: Raise Fuel Taxes

American Trucking Associations is calling on members of the 114th Congress to approve an increase of federal fuel taxes to fund infrastructure programs under a long-term highway bill this year.

In a letter Jan. 26, the federation and the U.S. Chamber of Commerce and AAA argued that raising the highway user fee would help avert a transportation funding crisis this spring.

Congressional leaders have indicated recently they are considering several options, such as tax reform, to fu