Month: August 2023

Freight Market Conditions Signal Positive Shift as Rejections and Volumes Rise

Facebook Twitter LinkedIn Email Published August 31, 2023 The freight industry is undergoing a notable transformation, with recent data pointing toward improving market conditions. A closer look at key indicators reveals significant shifts in supply and demand dynamics, shedding light on potential changes in freight rates and the broader landscape. One crucial metric, the FreightWaves …

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Traffic Fatality Decline Amidst Increased Mileage: A Glimmer of Progress

Facebook Twitter LinkedIn Email Published August 31, 2023 In the midst of a dynamic transportation landscape, a recent report from the National Safety Council (NSC) provides encouraging news – traffic fatalities in the United States have dropped by an estimated 3% during the first six months of 2023. This decline comes even as miles traveled …

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Unprecedented Auction: Used Trucks and Trailers from Bankrupt Yellow Corp. Flood the Market

Facebook Twitter LinkedIn Email Published August 31, 2023 The used truck market is bracing for an extraordinary event as bankrupt Yellow Corp. prepares to auction off a substantial number of its trucks and trailers. Industry observers are closely watching this development, noting that while the auction is of unprecedented scale, the market is well-positioned to …

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Important IRS Tax Deadline for Truckers: What You Need to Know

Facebook Twitter LinkedIn Email Published June 22, 2023 For truckers and those in the transportation industry, staying on top of tax obligations is crucial to maintain financial stability and avoid legal complications. The IRS has set specific tax deadlines that truckers must adhere to in order to ensure compliance and prevent potential penalties. In this …

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Surprising Volume Increase in July: Key Takeaways from the State of Freight Report

Facebook Twitter LinkedIn Email Published August 22, 2023 The freight industry is an essential component of the global economy, serving as the backbone for the movement of goods across various sectors. Keeping a pulse on the state of freight is crucial for businesses and stakeholders to make informed decisions. The recently released “State of Freight” …

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Unmasking Diesel Price Volatility Hidden Behind Small Increases

Facebook Twitter LinkedIn Email Published August 22, 2023 In the realm of fuel markets, where prices ebb and flow as if governed by an invisible hand, even the minutest of changes can hint at profound underlying dynamics. The recent article titled “Small Increase in DOE EIA Diesel Price Masks Underlying Volatility” sheds light on a …

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A Look at Level I Inspections Conducted by the Indiana State Police

Facebook Twitter LinkedIn Email Published August 14, 2023 Ensuring the safety and compliance of commercial vehicles on the road is a paramount concern. To achieve this, regulatory authorities conduct thorough inspections, such as the Level I Inspection performed by the Indiana State Police. A recent article on cdllife.com sheds light on the details of this …

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CVSA to Leverage Conveyance Data for Improved Inspections

Facebook Twitter LinkedIn Email Published August 14, 2023 The road transport industry plays a pivotal role in modern economies, ensuring the seamless movement of goods across vast distances. However, maintaining road safety is of paramount importance to prevent accidents, ensure efficient freight transportation, and safeguard lives. To enhance this safety aspect, the Commercial Vehicle Safety …

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Debating the Efficacy of the Automatic Emergency Braking Mandate: A Closer Look

Facebook Twitter LinkedIn Email Published August 14, 2023 Automatic Emergency Braking (AEB) systems have been a focal point in the realm of automotive safety, promising to mitigate collisions and enhance road safety. However, the road towards making AEB systems mandatory is paved with complex debates and considerations. A recent article titled “Safety Officials on Automatic …

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Running on Empty: Hino Recalls Trucks for Inaccurate Fuel Readings

Facebook Twitter LinkedIn Email Published August 14, 2023 Accurate fuel readings are a critical aspect of maintaining a fleet of trucks. The efficiency, profitability, and smooth operation of a trucking business depend on knowing exactly how much fuel is in the tank. However, recent developments have raised concerns about the reliability of fuel readings in …

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