Chat with us, powered by LiveChat

Trucking

Union rejects contract offer from big Starbucks distributor

Union drivers and warehouse workers employed by a key Midwest distributor for Starbucks Coffee Co. (NASDAQ:SBUX) have rejected a contract proposal in part because of its short duration, the Teamsters union, which represents the nearly 300 workers, said Aug. 23. The company, DPI Specialty Foods, offered the workers a seven-month contract, a sharp contrast to …

Union rejects contract offer from big Starbucks distributor Read More »

Summer doldrums explode along with tariff war, tweets

Traditionally, the third Friday in August is as dormant as they come. In the U.S., law and policymakers, business and financial potentates, and the self-styled media elite are into their mid-August to post-Labor Day summer breaks. Many Europeans, meanwhile, are off for the entire month. Financial markets activity slows to a crawl, save for the …

Summer doldrums explode along with tariff war, tweets Read More »

Mexico exports of commercial trucks to U.S. jumps 30 percent in first quarter

Mexico manufactured 104,214 buses, heavy-duty and tractor-trailer trucks in the first half of 2019 (January-June), up 36.50 percent compared to the same period last year. The data was released August 21 by Mexico’s National Association of Bus, Truck and Tractor Truck Producers (ANPACT). Miguel Elizalde, the president of ANPACT, said the increased demand for heavy-duty …

Mexico exports of commercial trucks to U.S. jumps 30 percent in first quarter Read More »

Down Under Trucking: Vast majority of Aussie truck drivers are either fat or obese

Oi! You! Yes, you! Put down that pie! Drop that sugary drink! Cast away that cake! It’s time for Australian truck drivers to learn the about joys of salad and the ecstasy of exercise. Researchers have found that the vast majority of Australian truck drivers have terrible eating habits and they don’t exercise. Also in …

Down Under Trucking: Vast majority of Aussie truck drivers are either fat or obese Read More »

Hino delivers milestone model to Penske Truck Leasing

Hino Motors Manufacturing U.S.A. Inc. (OTC: HINOF) is investing an additional $40 million and hiring 250 new workers to keep up with increased demand and product configurations at its new medium- and heavy-duty truck plant in West Virginia.  The Novi, Michigan-based subsidiary of Japanese truck maker Hino Motors Ltd. opened the 1 million square-foot facility …

Hino delivers milestone model to Penske Truck Leasing Read More »

Industry players raise concerns about driver coercion during HOS listening session

The issue of driver coercion came up more than once at the Federal Motor Carrier Safety Administration’s (FMCSA) first public listening session regarding proposed changes to existing hours of service (HOS) regulations for drivers. FreightWaves Washington Correspondent John Gallagher examined the proposed updates in detail last week. The updates include:  Increasing flexibility for the 30-minute …

Industry players raise concerns about driver coercion during HOS listening session Read More »

FreightWaves Radio preview: the market, GATS and brakes

A discussion of the state of the possibly revived trucking market and interviews from the floor of the Great American Truck Show will highlight this weekend’s edition of FreightWaves Radio on SiriusXM (NASDAQ: SIRI) . Co-host Tim Dooner is at the Great American Truck Show in Dallas. He’ll have an interview with Bruce Johnson, the …

FreightWaves Radio preview: the market, GATS and brakes Read More »

TIL Logistics reports big full year revenues but small profits

Trucking, freight and international forwarding business TIL Logistics (NZX: TLL ) of New Zealand has reported solid revenues of NZ$355.1 million (US$226.94) and a small net profit after tax of NZD$4 million (US$2.56 million). The group also reported a slowdown in the second half of the financial year. The 2018-2019 financial year is TIL’s first …

TIL Logistics reports big full year revenues but small profits Read More »

Tightened credit standards: a worrying sign for the trucking industry?

The freight industry experienced continuously loosened credit standards over the last five years, but the rising concerns of an economic downturn are now causing lenders within the trucking industry to start tightening credit standards. In many ways, this could be a tell-tale sign of things to come, as receding volumes and falling per mile rates …

Tightened credit standards: a worrying sign for the trucking industry? Read More »

Truckers and customs brokers are seeing “red” as border wait times increase

Truck wait times at ports of entry along the United States-Mexico border are up, from El Paso, Texas, to Otay Mesa, California. Industry professionals said the longer wait times are a combination of truckers spending more time waiting to load and unload freight at docks and intermodal facilities, as well as slower border inspection routines …

Truckers and customs brokers are seeing “red” as border wait times increase Read More »