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CCJ Top 250
Business: Page 30
PS Logistics continues expansion with brokerage acquisition
PS Logistics' 3PL division TA Services has acquired a Canadian perishable goods broker. Also: Electric truck manufacturer Xos going public after merger; Cowan launches incentive program for new regional drivers.
August 20, 2021
Owner-ops, small-fleet owners optimistic about business prospects down the road
Several small-fleet owners and owner-ops at the Shell Rotella SuperRigs truck show last month were encouraged by the ongoing strong freight market and felt good times would continue in the coming years. They were, however, wary of looming electrification.
August 19, 2021
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July 2, 2024
ATRI conducting study on what motivates drivers' employment decisions
The research will provide insight into understanding how drivers could be impacted by legislative and regulatory actions that may impact the way in which drivers are classified. Also: Tech-driven fleet Variant surpasses 1,200 seated tractors; more.
August 19, 2021
Regulations
Werner wants pre-CDL drivers to be able to drive team
The carrier petitioned FMCSA to allow its trainees who passed their CDL skills test but not yet returned home to obtain their CDL to drive with a CDL holder in the truck but not necessarily the front seat. Also: New federal drug testing form; more.
August 18, 2021
Business
FTR cancels 2021 Transportation Conference over COVID concerns
FTR will instead host "an enhanced series of [its] State of Freight and State of Equipment webinars." Also: KeepTruckin launches new AI-powered dashcam; HD Radio receivers available for Freightliner Cascadias beginning next year.
August 17, 2021
Business
FTC again files complaint against fuel card provider FleetCor
FTC is refiling a complaint against FleetCor accusing the company of bilking millions from fleet fuel card customers through hidden fees. Also: Bill introduced to offer vouchers for fuel-efficiency tech on trucks; more.
August 16, 2021
Business
5 ways fleet managers can reduce operational costs
There are numerous overheads in this line of work. The most prominent ones that spring to mind are fuel charges and asset maintenance costs.
August 15, 2021
CCJ Symposiums
The California contractor conundrum: 'It’s a waiting game, with a lot at stake'
California Trucking Association CEO Shawn Yadon joined transportation attorney Greg Feary for this wide-ranging discussion of California's AB 5 contractor law, scarcely more than a day after Yadon's filing of the CTA's challenge with the Supreme Court.
August 11, 2021
Regulations
Calif.'s independent contractor rule heads to Supreme Court
SCOTUS usually decides within about six weeks whether to hear a case, which could make or break things for many California truckers. Also: TCA seeks new leadership with Lyboldt's looming retirement.
August 11, 2021
Business
Senate passes $1 trillion infrastructure bill with AEB, under-21 apprenticeship pilot
The bill will move to the House, which is in recess until Sept. 20. If passed by the House as it currently reads, the bill would not include funding for truck parking capacity expansion, but it also excludes a liability insurance minimum increase.
August 10, 2021
Business
Publicly traded carriers reap rewards of tight capacity despite equipment, driver shortages
Across the top publicly traded fleets, a few themes remain constant: Rates and volumes are high, labor is short, and tech platforms hold the promise of customer satisfaction.
August 8, 2021
Workforce
Fleets bringing remote employees back to the office
Almost 85% of survey respondents said back-office employees were tucked away in home offices, followed by dispatch (53%), safety (51%), and IT (50%).
August 4, 2021
Mergers & Acquisitions
Top 250 Alabama flatbedder acquires Patriot Transit
Patriot maintains a fleet of 75 drivers and the acquisition will provide Patriot and its customers with additional capacity.
August 4, 2021
Mergers & Acquisitions
National Truck Underwriting Managers acquired by specialty insurance distributor
NTUM focuses on accounts of up to 300 power units. Also: Xos clears hurdle on its way to the NASDAQ; Texas-based frac sand hauler Detmar Logistics reserves 300 Hyliion Hypertruck ERX Class 8 semi-trucks.
August 3, 2021
Companies
President Biden touts Buy American reform during Mack Trucks plant tour
The Buy American statute currently requires for just 55% of the value of their component parts were manufactured stateside. President Biden wants to phase-in an increase to 75%. Also: HOS waivers extended out West; I-40 bridge reopening next week.
July 29, 2021
Business
Trimac Transportation acquires 3PL business
This is a key M&A milestone for Trimac, as the company branches out beyond its Bulk Plus Logistics brokerage division and asset-based bulk and specialized transportation businesses.
July 28, 2021
Economic trends
Masks are back and more freight could be coming
Citing concern with COVID breakthrough cases, the CDC recommended indoor mask-wearing Tuesday regardless of vaccination status. Trucking experts say volumes should remain 'strong' amid surging cases and may even grow stronger.
July 28, 2021
Business
Minneapolis leaders ban truck parking with fines beginning in 2022
Beginning in 2022, commercial trucks will not be allowed to “stop, stand or park on any street” in the city, with few exceptions. Also: 3PLs Worldwide Express and GlobalTranz Enterprises plan to merge.
July 28, 2021
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Top Stories
Business
How to sell a trucking company: Maximizing buyer interest requires reducing perceived risk, analysts say
Besides ensuring your financial books are in order, it’s important to build trust between buyer and seller.
Driver coaching and scorecarding
Drivers rank camera as top safety tech, as long as it faces outward
Test Drives
Quick spin: Pete's electric Model 579
Recruiting & retention
Trucking's youth movement lagging, but no retirement in sight for most drivers
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