Month: April 2018

U.S. Bank: Truck Freight Services Spending Grew 25% in 2017

White Dump Truck Near Pine Tress during Daytime

Spending on truck freight services surged nearly 25% and freight shipments grew 12.6% in 2017 as the economy expanded and the trucking industry paid more to obtain capacity and on driver compensation, according to the U.S. Bank Freight Payment Index.  Read more here.

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Trucking: FMCSA Includes ELD Violations In Revised CSA Methodology

The Federal Motor Carrier Safety Administration has updated its list of hours-of-service violations used in the Compliance, Safety, Accountability enforcement model.  Read more here.

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Trucking: Trump Push for Quick NAFTA Deal Slowed by Division on Top Issues

Free stock photo of wood, writing, typography, wooden

President Donald Trump’s push for a quick resolution to NAFTA talks is being stymied by persistent differences among the United States, Canada and Mexico over a handful of the make-or-break issues.  Read more here.

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Trucking: Wholesale Prices in US Climb More Than Forecast in March

U.S. wholesale prices advanced in March by more than forecast, reflecting broad increases in the costs of services and goods, a Labor Department report showed April 10 in Washington.  Read more here.

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Trucking: ITS America’s New Board Members Include State DOT Representation

The Intelligent Transportation Society of America has elected several representatives from state departments of transportation to its board of directors.  Read more here.

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Trucking: Celadon, facing SEC investigation, says $200-$250M discrepancy in income reported for recent years

One of the country’s largest trucking firms has notified its shareholders that its reported profit for the prior four fiscal years could be as much as $250 million less than previous financial documents showed. Celadon Group (No. 31, CCJ Top 250) said Tuesday that it will reissue financial documents for fiscal years 2014, 2015, 2016 and 2017 after an internal investigation revealed errors in its earnings filings.  Read more here.

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Trucking: Trump Warns He’ll Dump NAFTA if Mexico Doesn’t Stop Drug Flows

President Donald Trump threatened to pull out of the North American Free Trade Agreement if Mexico doesn’t stop people and drugs from flowing into the United States from Central America.  Read more here.

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