Bulk Freight News & Industry Updates - Stay Ahead in Trucking

http://www.reuters.com/video/2017/05/17/welcome-to-texas-where-the-fracking-boom?videoId=371691073 In Americas largest oilfield, rapid gains by U.S. shale oil producers and the eagerness of investors to inject cash into struggling companies explains the phoenix-like return of U.S. oil production and the dilemma that OPEC faces as it meets later this month.

http://www.todaystrucking.com/595-trucks-mercys-sake-talk-about-a-convoy LANCASTER, PA-- For 364 days of the year, the horse-drawn Amish buggy is the vehicle most commonly associated with the city of Lancaster, Pennsylvania.

http://www.newsleader.com/story/news/local/2017/05/17/beam-bros-trucking-execs-guilty-conspiracy/327170001/ HARRISONBURG - Beam Brothers Trucking in Mount Crawford was hit hard Tuesday by the federal government as four of its officers pleaded guilty to conspiracy charges, and the company was slapped with more than $3 million in fines, restitution and forfeitures, accor

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https://www.commondreams.org/newswire/2017/05/15/massive-fraud-organic-grain-imports-uncovered CORNUCOPIA, WI. - Non-organic corn and soy, labeled as organic, are flooding U.S. ports, undercutting legitimate U.S. organic farmers, due to the USDAs negligence. The organic industrys most aggressive industry watchdog, The Cornucopia Institute, reinforced their call for US

https://www.bloomberg.com/graphics/2017-crop-that-ate-america/ Farmers who had long rotated plantings among a diverse group of grains are increasingly turning to a single one. Corn has always been a mainstay of U.S. agriculture, but its increasing profitability has driven up corn's share of total production, while grains such as wheat, oats and sorghum have steadily fallen, according to a Bloomberg analysis of a

https://www.freightwaves.com/news/2017/5/15/us-oil-boom-driving-a-surge-truckloads?utm_source=FreightWaves&utm_campaign=57c21d74be-May+15+daily+FreightWaves+newsletter&utm_medium=email&utm_term=0_c991c64298-57c21d74be-44328049 H

http://www.illinoishomepage.net/news/local-news/forbes-says-adm-is-good-employer/712724356 CENTRAL ILLINOIS -- Some great news for Archer Daniels Midland. ADM is on Forbes' Best Employer list. It comes after Forbes surveyed 30,000 American employees in 25 industries. ADM is known for turning crops into products serving the vital needs of a growin

https://seekingalpha.com/article/4073040-railroad-pricing-environment-changing The railroad pricing environment is changing. Over the last decade and a half, railroads have been able to raise shipping rates very aggressively thanks to industry consolidation and a regulatory body that seemed more focused on improving the health of the railroads than on restricting rates in a monopoly environment.

https://www.usnews.com/news/technology/articles/2017-05-11/uber-adds-trucking-brokerage-firm-amid-long-haul-push SAN FRANCISCO (Reuters) - Uber Technologies Inc hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the long-haul trucking industry.

https://www.wsj.com/articles/trucking-industrys-tale-of-woe-too-many-big-rigs-1494581408 A glut of used big rigs is weighing down trucking companies already mired in a prolonged slump in the freight market. Many fleets bought scores of new trucks when transportation demand was booming a few years ago. Then U.S. manufacturing activity flagged and import growth slowed as ret

http://www.trucknews.com/business-management/examining-trump-effect-trucking/1003078604/ BLOOMINGTON, Ind. What can the trucking industry expect from the pro-business Donald Trump administration? Ironically, it could be higher taxes. Noel Perry, truck and transportation expert with industry analyst FTR, said during the most recent State of Freight webinar

http://www.reuters.com/article/cargill-grain-southkorea-idUSS9N0XL07L May 12 Global commodities trader Cargill Inc sees oversupply in global grains market remaining for a long time due to good harvests and a rise in storage, Chief Executive Officer David MacLennan said on Friday.

https://www.freightwaves.com/news/ag-haulers-adjusting To farmers, the weather can be their friend. It can also be their foe. Too much rain. Not enough rain. Too much sun. Not enough sun. You get the picture. Weather is to farmers like diesel fuel is to truckers. As costly as it may be, without it, work doesnt get done. Weather, though, is also a critical eliminate for truckers and trucking companie

http://www.autoblog.com/2017/05/10/trucker-finds-airplane-landing-gear-in-truck-roof/ A trucker was driving down the highway near Sandusky, Ohio, when he heard a loud thud. He pulled over to check if he had blown a tire or two, but instead found a wheel sticking out of the roof of his trailer. That stray tire was actually the landing gear of small plane that flew too low and clipped the rig

https://www.westplainsdailyquill.net/national_news/article_e89c30ec-e764-5f1c-9d94-d629a00ebbf4.html WICHITA, Kan. (AP) The Agriculture Department is forecasting a far smaller U.S. winter wheat crop than a year ago, led by a downturn in expected production out of Kansas. The department's National Agricultural Statistics Service on Wednesday predicted th

http://www.thetrucker.com/News/Story/GarminreleaseseLogcompliantELD OLATHE, Kan. Garmin International Inc. Wednesday revealed the availability of the Garmin eLog compliant ELD. The Garmin eLog is easy to install and setup and comes with the benefit of having no subscription fees, according to Dan Bartel, Garmin vice president of global consumer sales.

http://www.bizjournals.com/triangle/news/2017/05/09/trucking-firm-to-cut-127-jobs-in-north-carolina.html Celadon Trucking Services is closing its Nash County facility a move t

http://www.kiiitv.com/news/local/south-texas/border-patrol-agents-find-immigrants-inside-grain-hauler/437836764 FALFURRIAS (KIII NEWS) - A truck driver tried to run from the Falfurrias Checkpoint early Monday morning after U.S. Border Patrol Agents found more than a dozen immigrants inside a grain truck.

http://www.dewittmedia.com/industry-reps-say-frac-sand-mines-gearing-up-again/ COLFAX Representatives of the frac sand mining industry say companies are hiring workers again and are ramping up production. Rich Kremer, host of the Wisconsin Public Radio show The West Side on 88.3 WHWC Menomonie-Eau Claire, spoke with Samir Nangia, an oil field services analyst and industry ex

https://www.albertafarmexpress.ca/2017/05/09/special-crop-boom-sparks-expansion-for-farmer-controlled-company/ A big jump in special crop acres in Western Canada has grain shippers looking to the future and for Columbia Containers, that future looks bigger, better, and more high tech.

http://www.economicswire.net/truckers-post-disappointing-first-quarter-results.html Two of the largest less-than-truckload (LTL) carriers in the United States posted results this past week that fell below Wall Street expectations. Trucking companies are often seen as a barometer of broader economic activity since they carry a wide array of goods.

http://www.gazettextra.com/20170508/how_they_work_grain_elevators_rely_on_conveyor_systems ORFORDVILLEGrain elevators, those squat metal bins connected by overhead conveyor systems, are a common sight in rural Wisconsin.

http://www.cattlenetwork.com/news/ag-policy/us-farm-groups-pile-canada-trump-eyes-trade-fairness U.S. President Donald Trump's criticism of the protected Canadian dairy system has emboldened American farm groups to tackle other longstanding agriculture irritants, as the countries move toward rewriting trade rules.

http://www.businessinsider.com/r-moves-louis-dreyfus-top-north-america-grain-trader-to-retire--sources-2017-5 CHICAGO, May 4 (Reuters) - The head of grain trading in North America at commodity giant Louis Dreyfus Co will retire at the end of the month, two sources with direct knowledge of the move said on Thursday.

http://news10.com/2017/05/05/tsa-warns-trucking-industry-of-possible-ramming-attacks/ WASHINGTON (WPRI) Federal authorities have issued a new warning to the trucking industry regarding the potential for truck ramming attacks in the Unite

https://www.usnews.com/news/best-states/iowa/articles/2017-05-05/small-iowa-bridge-collapses-under-weight-of-grain-truck

http://blog.ihs.com/frac-sand-demand-expected-to-exceed-peak-2014-levels The frac sand sector has re-entered bullish territory in 2017 as demand is expected to exceed peak 2014 levels before the end of the year. Increasing lateral lengths, stage counts and proppant intensity levels have all contributed to a significant uptick in frac sand consumption. As in many categories, the Permian leads the way and

http://www.agrimoney.com/news/andersons-shares-follow-adm-bunge-in-sharp-fall--10694.html Shares in The Andersons tumbled, extending the run of declines for stock in grain traders, as the rail-to-ethanol group reported a surprise loss, thanks in part to the grains glut which flagged by larger peers Archers Daniels Midland and Bunge.

http://trucker.com/trucker-jobs/usa-truck-ups-owner-op-pay-package USA Truck Inc. is improving its owner/operator compensation package to include 68 percent of line haul revenue, the Van Buren, AR-based truckload carrier reports.

http://www.northjersey.com/story/news/crime/2017/05/04/trucking-company-owner-arrested-stealing-produce/310797001/ A trucking company owner and his employee are facing theft charges after they were discovered with $8,000 in stolen salmon, cheese and sugar.

http://www.foxbusiness.com/features/2017/05/03/grain-traders-have-problem-too-much-grain.html Bunge Ltd., one of the biggest traders and processors of soybeans and corn, cut its profit projection for the year on Wednesday. Executives blamed a standoff between farmers reluctant to sell crops at low prices, and food processors with little incentive to purchase commodities in advance w

http://www.chron.com/business/bizfeed/article/Texas-based-trucking-company-acquires-two-more-11117913.php Daseke Inc., a Texas-based trucking company, acquired Indiana's The Schilli Cos. And Canada-based Big Freight Systems, according to the

http://www.houstonchronicle.com/opinion/outlook/article/Staples-Heavy-truck-policy-is-outdated-and-hurts-11116054.php Technology and smart policy are the reasons Texas is the No. 1 oil and natural gas producing state in world's No. 1 oil and natural gas producing country.

http://www.nasdaq.com/article/bunge-profit-dives-as-grain-glut-hits-margins-shares-drop-20170503-01088 (Adds CEO quote, adds detail about capex reduction, updates share price) By Karl PlumeCHICAGO, May 3 (Reuters) - U.S. agricultural trader Bunge Ltd reported a sharply lower first-quarter profit on Wednesday and cut its full-year earnings forecast as slow crop