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While national average rates for vans and refrigerated rates dipped slightly, spot market capacity and demand on the DAT network of load boards remained seasonally elevated during the week ending Oct. 19.
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The asset-light and logistics service provider, Roadrunner Transportation Systems, Cudahy, Wisc., has acquired Yes Trans, a refrigerated truckload service provider based in Salisbury, Mass.
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Bennett Motor Express, McDonough, Ga has completed the purchase of Ace Doran Hauling & Rigging, a Cincinnati, Ohio-based company since 1913.
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The Oregon Department of Transportation recently began limiting the number of temporary passes/trip permits a motor carrier can purchase in a 12-month period – a move that one association representative calls “a money grab” that will affect small-business motor carriers located outside the state.
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UPDATED--New Jersey Republican Gov. Chris Christie has rejected legislation regarding the “misclassification” of some truck drivers in the state as independent contractors rather than employees..
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Businesses that dispatch vehicles or owner operators in California must verify that each contracted vehicle is in compliance with the California Truck & Bus regulation or has reported compliance to the California Air Resources Board.
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Freight rates on one leading spot market have declined over the past week, but they remain stronger than usual for this time a year, especially in two sectors.
Read More →Two New York legislators are pushing a bill that would allow states to regulate port trucking in ways similar to the Port of Los Angeles program that was rejected by the Supreme Court.
Read More →Cargo backlogs continue at the Port of Oakland leaving truckers waiting for hours to pick up containers according to the Contra Costa Times.
Read More →The ocean cargo shipping line, Maersk, announced today that it has entered into an agreement to sell substantially all the assets of its subsidiary Bridge Terminal Transport, to an affiliate of Platinum Equity, a Los Angeles-based private equity firm.
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