06 Dec Revenues Rise in 3Q for 3PLs as Shipments Jump The third quarter saw a rise in freight shipments and revenues for logistics brokers compared with the same period a year ago, but profit margins fell 40 basis points due to cost increases in the spot market for trucks, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report. Read more...
06 Dec ELD Mandate Magnifies Parking Shortage, Washington Truck Exec Says Truckers in Washington state are meeting with lawmakers to discuss options for addressing the state’s shortage of truck parking, an issue which is expected to face added pressure once the federal requirement for use of electronic logs takes effect next week. Read more...
06 Dec Analysis: California Wants its Dairy Farms to Capture Methane and Sell it as Truck Fuel “California Regulates Cow Farts,” is how a New York Post headline put it, implying it was a wacky move by California Governor Jerry Brown. In fact, California’s methane law represents a serious attempt by America’s biggest dairy state to come to grips with a potent greenhouse gas. Read more...
06 Dec ATA President Chris Spear Critical of Trucking Omission in Autonomous-Vehicle Bills Legislation before Congress that would establish a regulatory landscape for autonomous cars while not addressing trucks does not reflect the realities of the driving landscape and will fall short on safety, the president of American Trucking Associations said Dec. 6. Read more...
06 Dec Illinois Budget Puts State Roads in Crisis, Advocates Say Six months after lawmakers hastily passed their first state budget in two years, transportation advocates are sounding the alarm on a little-noticed item that will take $300 million from road repairs to pay other expenses each year. Read more...
06 Dec Truckload Carriers Raise Rates, Surcharges in Response to New California Taxes Several truckload carriers are currently negotiating with shippers to add new surcharges or otherwise raise rates to haul freight through California after state lawmakers raised fuel taxes and other fees as of Nov. 1, Transport Topics has learned. Read more...
06 Dec California Bill in the Works to Banish Gasoline Cars by 2040 A California lawmaker wants to put the state alongside China, France and the U.K. and have its legislature consider a ban on vehicles powered by fossil fuels. Read more...
06 Dec Washington State Seeks Alternative to Gas Tax With fossil fuel usage trending downward, Washington state officials are rethinking the taxation methods the state applies to road users. Read more...
06 Dec Paccar Declares Extra Cash Dividend Paccar Inc. declared an extra cash dividend of $1.20 per share, payable Jan. 4 to stockholders of record at the close of business Dec. 14. Read more...
06 Dec Mack Aims to Gain Market Share in the West Mack Trucks is working to rebuild its Western presence and grow its Class 8 market share in the region with its latest models. Read more...