Sell-off’s impact on truckers: diesel is way down; so are trucking stocks
Diesel fell far more than the price of crude oil; trucking stocks mostly fell less than S&P 500.
Diesel fell far more than the price of crude oil; trucking stocks mostly fell less than S&P 500.
As I wrote last week, the driver is the thermostat to trucking capacity. In my work, I have the greatest opportunity to meet and facilitate driver advisory boards. These driver advisory boards are made up of professional drivers and independent contractors that have open discussions with carrier management on how they can both make the company, the lifestyle, and their chosen career better. It’s a refreshing engagement with the folks that just plain get it done every day.
The bill would reinforce in federal law the “ABC test” to determine whether an individual is an employee rather than an independent contractor, similar to California’s AB5 law that is currently being challenged in the courts.
A trucking company recently asked a federal court in Arkansas to reconsider its decision certifying a class of drivers based on allegations that time spent in a sleeper birth should be counted as hours worked under the FLSA, due to a newly released Department of Labor (“DOL”) Opinion Letter.
The Truckload Carriers Association (TCA) will bring an opportunity for education and networking to for-hire carriers, private fleets, associates and driver-training school members, as well as prospects, next month.
Truckload carrier heads talk demand, rates and capacity at investor conference.
Warmer weather here I come……!! As I prepare to attend the TCA’s Annual Convention — Truckload 2020: Orlando — I reflect on the many years of education that I absorbed by being a sponge from my peers. I want to say thank you!!
Many indicators are pointing to a better 2020 than 2019 for the freight industry, but several challenges remain, including impacts from the coronavirus.
As I see it, it looks like we are going into one of those new “roller coaster” trucking capacity situations for the transportation and shipping community to manage through.
The National Labor Relations Board (NLRB) is a federal agency that administers the National Labor Relations Act (NLRA) by overseeing and managing relationships between unions and private-sector employers. Between December 16–19, 2019, the NLRB issued a trio of rulings that reversed prior union/employee-friendly decisions
On January 28, TCA staffers attended the U.S. Department of Transportation’s “100 Pledges in 100 Days” event, which focused on combating human trafficking in the transportation sector.
John Lyboldt is President of the Truckload Carriers Association, the only trade association focused entirely on the truckload segment of the motor carrier industry.
I’m amazed on the number of attorneys now flooding the airways with the same message; if you’ve been wronged, we can help, we know how to fight the insurance companies, we will get more money than insurance company will offer.
Funding likely to remain elusive for proposal that focuses on zero-carbon initiatives.
It’s the same story for carriers and shippers: up like a rocket and down like a feather
The Truckload Carriers Association has named Stafford Albertson, a professional truck driver with Network Transport, a Highway Angel, for helping at the scene of a serious accident involving a van and two trucks.
When the average claim in 2012 was approximately $2M, and that average claim in 2019 is approaching $17M and going higher.
For years I’ve heard from drivers, staff & management about what’s right & what’s wrong with orientation for new drivers. It’s a Tricky Slope that takes precision & consistency every week of the year. After all, we’re dealing with people & they all want different things. Or do they?
Trucking insurance continues to get more expensive. Chris Henry and Daniel Pickett provide information about captive insurance agencies.
The Truckload Carriers Association has named Warren Brownlee, a professional truck driver with ABF Freight System, Inc., a Highway Angel, for stopping to assist young motorists who lost control of their vehicle on a busy highway.