Retailers Destock Their Pandemic Stockpiles, and the Trucking Industry is Suffering The U.S. truck freight market experienced a decline in both shipment volume and spending in the fourth quarter of 2023, marking the largest year-over-year drop in volume in the history of the U.S. Bank Freight Payment Index. Shipment volume was down 15.7%, and spending contracted…
FMCSA Faces Congressional Scrutiny Over Controversial Speed Limiter Mandate The Federal Motor Carrier Safety Administration (FMCSA) faces scrutiny in Congress regarding the proposed speed limiter mandate, as reported by Overdrive. The mandate, which has sparked debates in the trucking industry, aims to set speed limits for commercial vehicles. Critics argue that enforcing such limits could have…
FMCSA's Game-Changing Final Rule: Holding Brokers Accountable for Timely Payments to Carriers The Federal Motor Carrier Safety Administration (FMCSA) has introduced a final rule aimed at addressing issues of non-payment faced by carriers in the trucking industry. The rule targets brokers who intentionally withhold payments to carriers, seeking to enforce accountability and fair practices. This move…
US House Panel Evaluates New Truck Excise Tax Repeal The article discusses Rep. Doug LaMalfa's (R-Calif.) efforts to repeal the 12% federal excise tax on the purchase of new trucks. LaMalfa, a proponent of repealing the tax, introduced the Modern, Clean, and Safe Trucks Act of 2023 earlier this year. He argues that the tax is…
Researches: Routine Driving Exposes Truckers to Micro-Stressors Daily commute can be stressful for drivers even if the driving conditions are impeccable – this is the conclusion reached by a team of Texas-based scientists. Their study was based on a joint project between the University Houston and the Texas A&M Transportation Institute, where the researchers conducted an…
Home Delivery Is Beginning to Surrender to Parcel Lockers in Europe We are approaching the fuel emission shortage at lightning speed – vendors have lately suggested that parcel lockers are predicted to squeeze out home delivery. It’s believed that the home delivery method, once extremely popular and convenient on the continent, has begun losing its weight…
Go Green with Cargo Bikes According to research made by British scientists, switching from diesel vans to bicycles would largely eliminate fuel emissions, saving taxpayers $5 billion. Drivers from across the world are making a big move towards electric vehicles, but a much simpler and more efficient method of cutting emissions is opting for bicycles. Read…
