LATEST TRUCKING NEWS
From Horizon Insurance Services
Tow & Refrigerated Truck Drivers
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See which states have the highest fines for speeding by CDL drivers
It is always best to avoid getting pulled over for speeding if you can, but if you do, make sure you get pulled over in Pennsylvania, Missouri, or West Virginia.
Trucking Alliance: Denial of Hair-Testing Exemption Offers ‘Clear Road Map’
The Federal Motor Carrier Safety Administration has denied a petition that sought to require hair-testing as part of federally required drug testing of truck drivers.
Trucking industry welcomes delays due to infrastructure bill projects
Since the country will soon see the welcome challenges brought about by President Biden’s infrastructure bill, it has become even more important for carriers to invest in route-optimizing technology. A total of $120 billion will be allocated for highways and bridges for fiscal years 2022 and 2023, and over 2,800 bridge projects have been launched as of Nov. 15, the one-year anniversary of the bill being signed.
The largest trucking companies that went bankrupt in the 2022 freight recession
Despite the red-hot market conditions of late 2020 and 2021, the trucking industry has had a tough year.
According to FreightWaves’ National Truckload Index, spot rates have declined by 27.6% since the beginning of the year. Over the same period, the rate to move a truck declined by 6% on the contract market, which comprises a larger portion of the trucking industry.
