Trump Says U. S., Japan to enter ‘Initial Trade Agreement’. The White House says a tariff agreement with Japan is tin the works, though Japanese officials say details still need to be finalized.

Transportation stocks often get overlooked by investors, despite the reliance by many businesses on the efficient transport of goods, commodities and even people to function. Transportation is vital to the national and global economies, even if the sector doesn’t have flashy names. Income investors, mean while, should consider the comparatively…[Read more]

FMCSA to start charging trucking companies a new fee for every driver they hire or employ. Starting early next year trucking companies will be required to pay the Federal Motor carrier Safety Administration (FMCSA) a fee prior to hiring each driver.- in addition to a once per year fee for already employed drivers- as part of the agency’s new…[Read more]

Latest news: Why Railroad Crossing are a Grave danger for self-driving cars and trucks. According to complied statistics, every 90 minutes in the United States a vehicle and train collide. Sorry to say that only one-third of all railroad crossing have a gate.

Digital Technology is growing at a rapid pace, joining eTruckBook.com is beneficial to all who join for free along with truckers who can view our Data bases and other products through TFSmall.com. ” All we ask is that you tell a friend”.

ELD Violations are down, but Drivers still making simple mistakes. The FMCSA’s Joe De Lorenzo discussed the upcoming ELD transition deadline the Trimble in. sight 2019 user conference in Houston in the month September 2019.

Search narrows for top rookie military veteran truck driver. ” Driving for Excellence Award” winner to receive Kenworth T680. for one of the four finalists who will receive the award for making the most successful transition from Active duty to driving for a commercial fleet by Kenworth and FASTPORT Trucking Track.

New of the Day: Still, everyone from independent truckers all the way up to massive public-freight companies are feeling the pinch- some are disturbed by tariff war between the US and China.

Note worthy news: Uber seeks to Build up freight Business and trying to dig itself deeper in into Freight business.

Message to Truckers: Fill up your tank ASAP. Diesel could surge $.60 per gallon this week. Because of the Saudi attack sends prices surging in the middle east.

Note worthy news: While it may seem like a tough logistic market for shippers and supply chains. It may be great news for men and women behind the wheel. The changing expectations of the younger generation, as well as the paperwork and ELD restrictions on truckers, mean that it is difficult for companies to recruit and retain new drivers to…[Read more]

The trucking industry continues to grow at a 2.3 percent per year from 2019 through 2024, but offer little relief to shippers struggling through U.S. trucking shortage. But employment of heavy and tractor-trailer truck drivers is projected to grow 6 percent each year through 2026. As the demand for goods increases, more truck drivers will be needed.

Trump tariffs taking toll on trucking industry: Truckers in Mifflin, Pennsylvania to stand behind President the firsthand impact of tariffs. Thousands of truck drivers have lost their jobs this year behind the slowdown in the 800 billion industry. Things are a little murky because some drivers are reporting good earning for the year.

LOGISTICS CONTROL TOWER: Globalization has transformed the modern supply chain. Alongside its many benefits, that transformation has brought new risks. To prevent costly supply chain disruption, companies need better visibility of their networks, and of their vulnerabilities.

News of the day: FMCSA officially strikes long-dormant 34-hour restart provisions from HOS. A portion of the 2011 final rule on Hours of service that caused consternation and controversy within the trucking industry has been officially erased from the Federal Motor Carrier Safety Regulation (FMCSA) in hopes, to avoid possible confusion among…[Read more]

Trucking technology in 2019: ELD and better utilization LED data will provide better visibility drivers and shippers. Good news retailers pre-tariff jump in November imports as retailers prepare to ship early to get ahead of the 15 percent tariffs scheduled to take effect on December 15, 2019 on remaining merchandise from China not already…[Read more]

What’s new in transportation news: Why has 2019 been the time for the trucking industry based in part by ongoing tariffs and trade war with China. The number of trucking companies out of business in the 1st half have double compared to 2018.

So far in 2019 has been more about the oversupply than the lack of demand, although both are present. More than 600 trucking companies have reportedly failed with two larger closing this week. But the agreement for China and the US to get back to negotiation by the end of the year things look brighter for the trucking industry.

Truckload markets were already showing signs of turning the corner before the Labor Day weekend, but news of Hurricane Dorian led to an increase in activity. The urgency to get shipments moved ahead of the storm created tighter capacity and pushed prices upward for vans, reefers, and flatbeds.

Illinois Department of Transportation officials break down new gas tax The gas tax doubled to 38 cents per gallon making the first motor fuel tax increase since 1990. In the future, the motor fuel tax will increase annually by the consumer price index, capped at an increase of 1 ccent per year.