Just four years after U.S. Environmental Protection Agency finalized a sweeping set of regulations aimed at cutting emissions from heavy-duty trucks and tractors by 25% by 2027, EPA is eyeing new federal regulations to further tighten heavy-duty truck emissions and to create a so-called “50-state program” that harmonizes emissions standards nationally. EPA Administrator Andrew Wheeler on Monday […]
Celadon was the largest fleet to go bankrupt in 2019, but hundreds of other carriers left the industry. Overall, the number of trucking bankruptcies increased by 300% from 2018, according to industry data tracked by Broughton Capital. Economic signs indicate the trend may continue through 2020.
While praised for cutting emissions and improving cetane levels, another incentive that may draw fleets to renewable and biodiesel is the potential rise in ultra-low sulfur diesel prices this year brought on by mandated maritime use. The International Maritime Organization (IMO) ruled that starting on Jan. 1 vessels traveling in international waters would have to reduce […]
Beware and prepare. Tractor-trailer insurance rates saw an uptick this year, brought on by a rise in truck crashes and massive settlements and judgements. The worst possible rate surge could come from Washington, D.C. where U.S. Rep. Matt Cartwright, D-Penn., 8th District, is sponsoring a bill (H.R. 3781) to raise the minimum liability coverage on semis […]
Sport trophies in a hallway cabinet at Smith Transport’s maintenance building look nothing like the awards for customer service and safety displayed in its main office. The trophies go back to the early 1980s for winning sled pulls and drag races. Company founder Barry Smith’s custom V-12 semi, the “Black Tornado,” beat Corvettes on the […]
Temperatures nationwide are beginning their downward trend and some parts of the country are already seeing snowfall. In extreme temperatures, Petro-Canada Lubricants OEM Technical Liaison Brian Humphrey says lubricants can harden or become too viscous, possibly causing equipment to seize up or fail. “To avoid this situation, fleet managers and owner-operators need to use a lower viscosity oil, one […]
Nearly 40 years ago, mileage replaced weight as the top-used valuation for freight rates after the Motor Carrier Act of 1980 opened the floodgates of competition. The Interstate Commerce Commission (ICC) no longer granted carriers operating authority for lanes with rate structures based on the poundage or “hundredweight” by freight type.
replaced weight as the top-used valuation for freight rates after the Motor Carrier Act of 1980 opened the floodgates of competition. The Interstate Commerce Commission (ICC) no longer granted carriers operating authority for lanes with rate structures based on the poundage or “hundredweight” by freight type.
