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Industry News
Wednesday Mar 04, 2015 - Bill puts reins in truckers' liability

Wednesday Mar 04, 2015 - Shipper or broker: Who’s on the hook?

Q: I’m in business helping carriers collect their freight charges from shippers when brokers and third-party logistics providers don’t pay those charges. I have had a lot of success. In most cases, the shippers and their attorneys initially refuse to pay on the ground that they’ve already made payment to the brokers, but when I challenge them they usually admit they owe the bills and send me a check.

S

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Wednesday Mar 04, 2015 - U.S. shipping industry rate revenue expected to rise in 2015

Activity in the national shipping industry was likely up almost 3% in January, according to the Cass Freight Index. A national trucking index was up 1.2% in January. Both reports indicate the shipping industry recovery seen in 2014 is continuing into 2015.

The Cass Freight Index reported that shipments were up 2.7% in January compared to January 2014, and freight expenditures were up 3%. However, January shipments were 4.7% below December numbers, and expenditures were down 5.7% compar

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Wednesday Mar 04, 2015 - Two South Dakota grain companies announce merger plans
Two South Dakota-based grain companies announced Tuesday they want to merge.

North Central Farmers Elevator and Wheat Growers plan to unify into a new cooperative, subject to a vote of the full membership of both cooperatives. The boards of directors of both cooperatives already have unanimously appro

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Tuesday Mar 03, 2015 - Trucking company fined over violations at Wallingford facility

WALLINGFORD >> An Ohio-based freight trucking company is facing $86,900 in fines after federal safety investigators determined that employees at the company’s North Plains Industrial Road terminal were inadequately trained to handle a chemical spill that occurred there last October.

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) announced the proposed fines against R+L Carriers on Monday. R+L officials now have 15

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Tuesday Mar 03, 2015 - More than $4 million in gold stolen from N.C. transportation company

(WITN) Over $4 Million in gold was stolen from a transportation company's truck on Sunday after it broke down on I-95 in Wilson County, North Carolina.

The two armed guards working for the company, Transvalue Inc., said that they were approached from behind by three armed men while they were stopped for mechanical issues.

The men, who pulled over at the same time as the broken down truck, drove a white van and allegedly ordered the guards to the ground, binding

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Monday Mar 02, 2015 - Freight Factoring at the Lowest Rates for the Bulk Industry
Freight factoring company, Smart Freight Funding, helps trucking companies of all sizes keep their trucks moving by getting paid quicker. Smart Freight Funding works with single truck operations, individual owner-operator, and larger companies managing several trucks and drivers. We offer competitive low rates, quick pay, and superb customer service.

The team behind Smart Freight Funding has more than 50 years combined driving, dispatching, contracting and accounting experience in t
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Monday Mar 02, 2015 - Truckers: There's no need for speed

Central Wisconsin-area trucking firms and drivers aren't too eager to see the passage of a bill to increase the speed limit in some parts of the state to 70 mph.

The bill would allow the state Department of Transportation to increase the speed limit in approved areas. State Rep. John Spiros, R-Marshfield, has proposed an amendment to set a lower speed for commercial vehicles.

The Assembly transportation committee conducted a hearing where there was little opposition to the bill.

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Monday Mar 02, 2015 - US House revives bill to set standards for hiring trucking companies

Companies tendering freight to U.S. truckers would have to check the carriers' federal registration, insurance levels and safety rating before using them under a bill introduced in Congress this week. The bill would create a “national hiring standard” and clarify the legal responsibility of U.S. brokers, third-party logistics operators and shippers, its supporters claim.

The bill is identical to one CLICK HERE TO VIEW ARTICLE


Sunday Mar 01, 2015 - Shippers conditions improve thanks to diesel pricing, HOS rules

FTR’s Shippers Conditions Index for December 2014 improved to a near neutral reading of -0.6, reflecting the rapid drop in diesel prices along with positive capacity impacts from reversal of some of the Hours of Service rules, according to the research firm.

FTR expects the conditions for shippers to deteriorate in 2015, under the pressure of building regulatory drag and good freight growth straining capacity. Howeve

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