Shippers need to brace for sharply higher trucking rates because of steadily rising truck fleet costs that range from rolling stock to drivers to fuel while productivity levels are under threats from increased government regulation, top carrier officials are saying. Trucking fleets are facing at least 4 percent rise in overall costs this year, fleet…Details
During the recession, sluggish manufacturing production and slow retail spending reduced demand for freight transportation. However, industry conditions will improve as the economy stabilizes and demand for freight services increases. Furthermore, recovering consumer confidence and increased spending will support growth in freight volumes, boosting industry demand. However, the industry will face rising competition from other…Details
Safety, education rule the day at Landmark Park event DOTHAN, Ala. — It was a day filled with wonder and excitement. Wide-eyed youngsters inspected the controls of a helicopter, looked around in an ambulance and toured the inside of a Homeland Security vehicle. These were just some of the more than 30 vehicles that were on…Details
The Dept. of Labor’s Occupational Safety and Health Administration (OSHA) has ordered Brush Creek-based trucking company Mark Alvis Inc. to reinstate a former truck driver and pay him more than $180,000 in back pay, interest, and compensatory and punitive damages. OSHA determined the company illegally terminated him for refusal to drive while fatigued and ill…Details
Wabash National Corp. has completed its purchase of Walker Group Holdings, a producer of liquid transportation systems and engineering products. Wabash paid $360 million for the company in an all-cash purchase.