Bulk Freight News & Industry Updates - Stay Ahead in Trucking

http://www.foxbusiness.com/politics/2018/02/16/why-truckers-support-trump-s-proposed-gas-tax-hike.html President Trump reportedly approves of a 25 cent-per-gallon gasoline tax hike he hopes will fund his newly released infrastructure plan, and although tax-averse Republicans in Congress remain skittish, hes found a new set of allies: truckers.

http://www.granitefallsnews.com/news/20180215/granite-falls-energy-has-success-with-grain-origination-program Last September, Granite Falls Energy made the decision to allow their grain procurement agreement with Farmers Elevator Cooperative to expire. Since then, GFE has been procuring their own corn directly from farmers. GFE also hired two grain originators, Austi

https://www.wsj.com/articles/trucking-rates-come-down-a-bit-but-problems-persist-for-shippers-1518729334

http://www.jacksonsun.com/story/news/local/2018/02/14/tyson-foods-buy-west-tn-grain-elevators/338836002/ As part of continued expansion in West Tennessee, a subsidiary of Tyson Foods Inc. has signed a definitive agreement to purchase three commercial grain elevators from the Grain Group of The Andersons Inc. The elevators are located in Dyer, Humboldt and Kenton, and will

https://www.npr.org/2018/02/14/585719252/long-haul-trucker-was-completely-seduced-by-the-open-road Finn Murphy has logged over a million miles hauling people's belongings across the country to their new homes. He describes life on the road as a "reaction against regimentation."

http://www.supermarketnews.com/news/truck-driver-shortage-impacting-food-deliveries The trucking industry is facing a shortage of qualified drivers, with more items to deliver than ever before. Trucks move about 70% of all freight in this country, and shipments and costs of produce and packaged good have already been impacted.

http://www.fleetowner.com/economics/trucking-outlook-positive-yet-potholes-lie-ahead Freight demand and tax reform are boosting the industry, but dissolution of NAFTA could wipe that all out, notes ATAs chief economist.

http://www.stltoday.com/business/local/bunge-reports-quarterly-loss-on-tax-charges-lower-grains-margins/article_775e076d-984e-5ff5-98c4-e777c4ba153d.html A truck driver empties his load of grain at Bunge-SCF's Fairmont City elevator for storage and eventual shipment via barge down the Mississippi River on March 8, 2013. Pho

https://www.iowafarmbureau.com/Article/Study-links-lockanddam-failure-to-extensive-expensive-road-damage A study finds Iowa roads would likely take a serious beating if theres a critical problem at just one of the lock-and-dam operations on the Mississippi River. Researchers found the failure of any one of the 25 aging locks on the upper Mississippi

http://www.trucker.com/fuel/us-fuel-prices-take-welcome-dip Yet national average price for diesel remains above $3 per gallon mark and oil prices are now expected to rise.

http://www.startribune.com/park-here-mndot-installing-technology-to-guide-truckers-to-parking-spaces/473922093/ Truck drivers passing through Minnesota who need of a safe place to pull off the road will be getting help from the Minnesota Department of Transportation, which last week began installing new technology that will let them know in real time if rest areas still have parking spaces available

https://www.freightwaves.com/news/washington-kills-driver-hours Congratulations Washington D.C. for screwing up the trucking industry and being ground zero where a drivers available hours go to die! No, I am not referring to the FMCSA and the hours-of-service rules (that should be reexamined), I am referring to the shippers and receivers that occupy your

http://www.ttnews.com/articles/tax-law-sparks-questions-purchases-raises-trucking As transportation companies reap the rewards of tax relief stemming from the new tax law, some CEOs have reinvested the extra cash into new tractor-trailers or bonuses for their employees.

http://markets.businessinsider.com/news/stocks/Kokomo-Grain-Tennessee-facilities-set-for-sale-as-company-concentrates-on-Grain-Belt-1015523157 MANCHESTER, Tenn., Feb. 12, 2018 /PRNewswire/ -- Three grain elevators with a capacity of 920,000 bushels will be offered at auction

http://www.fortmorgantimes.com/ci_31659213/co-op-tax-provision-silly-but-wont-hurt Language in the newly passed Federal tax law that appears to create significant tax advantages for farmers who sell their commodities to co-ops rather than private grain elevators has created anxiety for some private elevator businesses nationwidebut not Fort Morgan's Erker Grain.

http://www.livetrucking.com/convoy-truckers-gathering-honor-little-boy-loved-big-rigs/ A convoy of tractor trailers will be riding around Bremen, Kentucky, this weekend, in honor of a young boy who was recently killed in a fire. The boy, five-year-old Levi Case, passed away in a house fire that also claimed the life of his 89-year-old uncle. Levis family said he loved

https://www.westplainsdailyquill.net/national_news/article_f171b22d-66d1-54b4-83f5-132df693d344.html MADISON, Wis. (AP) A recent study by Wisconsin researchers suggests that the failure of any of the 25 aging locks on the upper Mississippi River could lead to an increase of nearly half a million truckloads of freight on highways between Minnesota and Missouri.

https://www.bloomberg.com/news/articles/2018-02-09/there-aren-t-enough-truckers-and-that-s-pinching-u-s-profits Tyson, Kellogg cite rising freight rates in earnings calls New federal rules intensify long-st

https://www.reuters.com/article/us-usa-tax-grain/lawmakers-near-deal-on-tax-laws-impact-on-grain-market-idUSKBN1FS35K WASHINGTON/CHICAGO (Reuters) - U.S. lawmakers are close to resolving a problem with the new federal tax law that gives grain cooperatives an unintended market edge over private companies, but have struggled to get members of the farm s

https://www.bloomberg.com/view/articles/2018-02-09/the-u-s-is-running-out-of-truckers The supply isn't rising, so freight prices will soar and cut down demand. That's bad for the whole economy.

https://www.thepacker.com/article/truck-rates-fall-worries-remain While some trucking leaders continue the push for a rollback of the electronic logging device mandate, a fall in truck rates has eased here-and-now problems for produce buyers and sellers.

https://www.rte.ie/eile/brainstorm/2018/0208/939277-how-farming-and-fracking-changed-the-us-oil-industry/ The modern history of the United States is inextricably linked with oil and the Middle East, but this is rapidly changing. This week, the US hit a near 50-year high in dome

https://www.washingtonpost.com/opinions/what-trucking-tells-us-about-the-future-of-work/2018/02/07/70cf8cc8-0c1f-11e8-8b0d-891602206fb7_story.html?utm_term=.3dccf066f42d The future of trucking may tell us a lot about the future of work. Its no secret that many Americans fear losing their jobs to autom

https://pilotonline.com/news/local/transportation/article_c698b80a-c5a5-56a2-ad8f-6d425f11de2f.html Trucks traveling Virginias roads could get about 10,000 pounds heavier if legislation gets the OK from the General Assembly. Virginia would be able to take part in a potential federal pilot program that allows for six-axle, 91,000-pound trucks. Thats

https://www.joc.com/trucking-logistics/trucking-costs-rise-us-shippers-face-difficult-choices_20180206.html US surface transportation rates are rising, sometimes by double digits, and shippers find themselves caught between paying for higher transportation costs or imperiling customer service.

http://www.world-grain.com/articles/news_home/World_Grain_News/2018/02/Kongsore_cofounder_of_Grain_Mi.aspx?ID={8A015F6F-9FBE-4AD7-8627-F06311A7A48D} BELLEVUE, WASHINGTON, U.S. Christian F. Kongsore, co-founder of Grain Millers, Inc., died Dec. 23, 2017. He was 90 years old.

https://www.wabe.org/georgia-wants-build-truck-highway-worth/ The Georgia Department of Transportation is working on building a separate highway for trucks only: No cars allowed. Itd

https://www.reuters.com/article/us-usa-trucks-orders/north-american-january-semi-truck-orders-highest-since-2006-idUSKBN1FP23K DETROIT (Reuters) - North American orders for Class 8 semi-trucks more than doubled in January and hit their highest level since 2006, FTR, a company that tracks the industry, said on

http://www.wfmz.com/news/china-cheap-american-grain-is-hurting-our-farmers/696800482 Less than two weeks after President Donald Trump slapped new tariffs on imports of solar panels and washing machines, China has launched an investigation into a key U.S. agricultural export.

https://www.bizjournals.com/stlouis/news/2018/02/05/adm-now-in-advanced-talks-to-acquire-bunge-report.html An agreement for Bunge, with a market value of about $11.5 billion, could come as early as this week, Bloomberg said.

http://www.nonpareilonline.com/business/clarinda-co-op-voting-members-approve-agriland-fs-merger/article_41b9d6ac-0934-11e8-a24a-d7c6223f3e1c.html

https://www.trucks.com/2018/02/04/loading-dock-wait-times-cost-truckers/ Truck drivers lose an estimated $1,281 to $1,534 a year and put themselves at higher risk for crashes because of unexpected wait times on loading docks, according to results of a much-anticipated government report.

http://blogs.dcvelocity.com/one_off_sound_off/2018/02/what-the-world-would-look-like-without-freight-brokers.html By Chandler Magann, Founder, Next Exit Logistics As of October 2017, 83% just a bit over four-fifths of all shippers outsource their domestic transportation needs, according to the Council of Supply Chain Manage

http://www.seatrade-maritime.com/news/asia/is-history-going-to-repeat-itself-as-dry-freight-market-plunges-to-a-4-month-low.html Not so many moons ago the Baltic Dry Index (BDI) found itself at the similar territory to where it is today with plunging rates as Lunar New Year approached. Then just days after the Lunar New Year, the BDI fell to lowest

http://www.fleetowner.com/infrastructure/truck-parking-canada-asks-truckers-help-solve-problem Results of a trucker survey and engineering proposals will help Ontario's Ministry of Transportation figure out how to best add more truck parking and trucker amenities along its southern highways.

http://www.truckinginfo.com/news/story/2018/01/trump-on-infrastructure-draws-more-questions-than-applause-from-trucking.aspx Reaction by highway stakeholder groups to Preside

https://www.freightwaves.com/news/2018/1/30/lane-rates-for-ag-shippers-are-exploding What do you get when you put together a booming economy, new regulations targeting certain sectors of industries, and a lack of freight capacity? Ag shippers are finding out that the answer to that question is extremely high lane rates. Trucks from the Imperial Valley and Yuma areas are