Data from the Bureau of Labor and Statistics shows that while employment is still relatively high, fewer jobs are coming open – and that’s a trend likely to continue well into this new year. Transportation has lost job numbers for the past four months (through November) but despite that, Rob Boersma, vice president of operations […]
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FMCSA proposes changes in broker and forwarder requirements FMCSA has issued a notice of proposed rulemaking (NPRM) related to establish financial responsibility requirements for brokers and freight forwarders as required by the 2012 law known as Moving Ahead for Progress in the 21st Century Act (MAP-21). The NPRM proposes regulations in five areas. The following […]
Insurance providers charge premiums based on expected losses, and they expect commercial fleets to be at higher risk for loss. Tech company Idelic’s mission has always been to help commercial fleets produce better insurance outcomes by predicting and mitigating risk, reducing preventable crashes and lowering losses.
FTR’s Trucking Conditions Index improved in November to -7.94 despite a weakened freight rate environment. October’s -11.16 TCI reading had been the weakest since the April 2020 contraction. The only positive contribution to the November index was freight volume, FTR said, but all other index factors were less negative than in October aside from freight […]
Cargo theft recording firm CargoNet recorded 1,778 supply chain risk events across the United States and Canada in 2022, a 15% increase over 2021. The firm’s 2022 data indicated that events that involved theft of at least one heavy commercial vehicle such as a semi-truck or semi-trailer increased by 17% year-over-year, while events that involved […]
I was traveling along I-22 between Birmingham, Alabama, and my hometown a few weeks ago when I spotted a sticker on the back of a tractor trailer. It stood out to me because what I typically see on the backs of these trailers are drivers wanted advertisements. Some companies, like JLE Industries for example, even […]
I go the gym about four mornings every week. I’ve been practicing jiu jitsu for nearly six years in that same gym, and it’s about “that” time. Starting this week we will get an influx of new students and workout partners. That population will be cut in half by Feb. 1 and by March 1 […]
FMCSA issues interim guidance on definitions of broker and bona fide agents In response to a mandate in last year’s infrastructure law, FMCSA has issued interim guidance regarding the agency’s definitions of “broker” and “bona fide agents” in the context of transportation by motor vehicle. Although the interim guidance was effective immediately, FMCSA requested comments […]
