A massive winter storm known as a Bomb Cyclone has slammed the East Coast from Florida to Maine, bringing with it snow, high winds, and frigid temperatures that are creating difficult traveling conditions across a wide swath of the Northeast.
National average spot van and refrigerated truckload rates ended 2017 at their highest point of the year as capacity tightened during the week ending Dec. 30. That’s according to newly released figures from DAT Solutions, based on its network of load boards, as the freight matching service provider also released its list of the top 10 hottest spot freight markets last year.
Michelin North America Inc. and Sumitomo Corporation of Americas (SCOA) have agreed to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture.
The Commercial Vehicle Safety Alliance is still accepting nominations for the International Driver Excellence Award, but nomination packets must be received by Jan. 12 to be eligible.
Covenant Transport has announced a new Teaming Bonus program with incentives of up to $40,000 that is aimed at driving teams and single drivers willing to convert to teaming.
While the end of 2017 brought a record decline in weekly depreciation for cars, volume-weighted, overall truck segment (including pickups, SUVs, and vans) values declined by 0.54% the last week of 2017, according to Black Book. This is in line with the average weekly adjustment of 0.57% over the previous four weeks.
TransForce has acquired the assets of Trucking Unlimited, which operates Truckdrivingjobs.com, a job board that matches motor carriers with truck drivers.