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Commercial Vehicle Market Update: Fleets Still Cautious

Commercial Vehicle Market Update: Fleets Still Cautious

INDIANAPOLIS -- As we continue to see mixed signals from the short-term economy, many are suffering from "stable environment anxiety," said Eric Starks, president of FTR Transportation Intelligence, in a commercial vehicle market update during FTR's Transportation Conference this week in Indianapolis.

FMCSA Orders Texas Fleet Shut Down

FMCSA Orders Texas Fleet Shut Down

The Federal Motor Carrier Safety Administration has ordered Laredo, Texas-based Redco Transport to immediately cease its trucking operations, declaring the company to be an imminent hazard to public safety.

New Rule Issued over Some Truck Movements at Train Tracks

Photo: Rennett Stowe, from USA, via Wikimedia Commons

The Federal Motor Carrier Safety Administration and the Pipeline and Hazardous Materials Safety Administration are set to publish a joint final rule Wednesday in the Federal Register regarding the transportation of hazardous materials as part of an effort to reduce crashes at railroad crossings.

Optimism Continues to Build for Volume and Rate Growth

Optimism Continues to Build for Volume and Rate Growth

The third-quarter Transport Capital Partners survey reveals more carriers expecting to see volumes and rates grow over the coming months. In this quarter’s survey, more carriers are expressing optimism for increases in volumes and rates. Slow, steady growth in the economy has led the freight market into positive territory. And carriers are sharing their expectations for improved results.

6 Myths About the Economy

6 Myths About the Economy

“I think it’s pretty astounding this economy continues to grow when you think about the shocks it’s taken," said Bob Costello, chief economist & vice president, American Trucking Associations, speaking at TMW Systems’ Transforum user conference in Anaheim, Calif., Tuesday.

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