Webinar: The Good, the Bad and the Ugly of the Future of Connecticut Medium and Heavy Duty Trucks and their Fuels. From Greater New Haven Clean Cities. New technologies, policies, and incentives are poised to upend life for the owners and managers of Connecticut’s 145,000 MD and HD trucks. The US just committed to only […]
https://mtac.us/wp-content/uploads/2019/07/GI-trucks-on-highway_14.jpg292565MTAC Staffhttps://mtac.us/wp-content/uploads/2021/03/mtac-logo-202103a.pngMTAC Staff2022-11-23 11:00:122022-11-23 12:03:21Webinar: The future of Connecticut medium and heavy duty trucks and their fuels
From Transport Topics. Ongoing concern about labor and management talks regarding two separate contract negotiations and a slowing U.S. economy resulted in a big drop in container volume at two of the nation’s biggest ports on the Pacific Coast. Year-over-year cargo numbers were down 25% at the Port of Los Angeles. In October, the port […]
https://mtac.us/wp-content/uploads/2019/07/112918-truck-driver_0.jpg292565MTAC Staffhttps://mtac.us/wp-content/uploads/2021/03/mtac-logo-202103a.pngMTAC Staff2022-11-23 10:56:032022-11-23 10:56:44East coast ports continue to gain business amid concerns over west coast labor talks
From Associated Press via Transport Topics. The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy. Carriers like the U.S. Postal Service, FedEx and UPS project to have enough capacity after struggling under the holiday crush […]
From FreightWaves. By now, most industry observers and analysts agree that the U.S. truckload market has slowed significantly, part of a broader goods normalization and hangover in our COVID-recovery. Multiple spot rate benchmarks have been falling for months; capacity metrics have loosened. Accepted contract loads (CLAV.USA) peaked in October 2021 and just took a sharper […]
https://mtac.us/wp-content/uploads/2017/03/truck-background.jpg3001100MTAC Staffhttps://mtac.us/wp-content/uploads/2021/03/mtac-logo-202103a.pngMTAC Staff2022-11-23 10:52:232022-11-23 10:52:23Truckload market loosens again as tender rejections touch new low
Legal Alert from the Scopelitis Law Firm. On November 16, 2022, FMCSA will issue guidance regarding the definition of what constitutes a “broker” and a “bona fide agent” of a broker. The guidance is not a rulemaking and will be effective immediately. However, FMCSA has nevertheless requested comment on the guidance and may issue updated […]
https://mtac.us/wp-content/uploads/2015/11/fmcsa_logo.jpg400400MTAC Staffhttps://mtac.us/wp-content/uploads/2021/03/mtac-logo-202103a.pngMTAC Staff2022-11-17 10:48:092022-11-17 10:48:09FMCSA announces guidance on definition of “Broker” and “Bona Fide Agent” as well as on role of dispatch services
From CVSA. Commercial motor vehicle inspectors in Canada, Mexico and the U.S. conducted 38,117 inspections of commercial motor vehicles Aug. 21-27 for Brake Safety Week. Of the total number of the commercial motor vehicles inspected, 13.3% were placed out of service for brake-related critical vehicle inspection item violations. That also means that nearly 87% of […]
From Transport Topics. Unprecedented diesel prices mean that demand destruction for the fuel is probable, the International Energy Agency said. Both the outright price of the fuel and its trading level relative to crude oil rose to records in October, jumping 70% and 425% respectively year-on-year, the Paris-based adviser said in its monthly report on […]
From Transport Topics. The average retail price for a used Class 8 in October climbed as expected year-over-year, but surprised with a very modest upturn compared with September’s price, ACT Research reported. ACT’s preliminary data, which it will finalize with numerical values later this month, showed the year-over-year average retail price was 14% higher, with […]
https://mtac.us/wp-content/uploads/2018/11/class-8-truck-body.jpg500500MTAC Staffhttps://mtac.us/wp-content/uploads/2021/03/mtac-logo-202103a.pngMTAC Staff2022-11-17 10:43:202022-11-17 10:43:20Used Class 8 prices surprisingly increase from September
From Transport Topics. More than half a year after the launch of an information-sharing forum meant to facilitate communication between freight stakeholders, the country’s top transportation officer gave it a resounding endorsement. Transportation Secretary Pete Buttigieg touted the Freight Logistics Optimization Works (FLOW) supply chain forum, established to respond to ongoing freight bottlenecks that disrupted […]
From Bloomberg via Transport Topics. Optimism among U.S. small businesses retreated in October for the first time in four months as the sales outlook worsened, while some measures of inflation accelerated. The National Federation of Independent Business overall optimism index fell to 91.3 last month from 92.1, the group said in a report Nov. 8. […]
https://mtac.us/wp-content/uploads/2018/11/class-8-truck-body.jpg500500MTAC Staffhttps://mtac.us/wp-content/uploads/2021/03/mtac-logo-202103a.pngMTAC Staff2022-11-09 20:15:402022-11-09 20:15:40Small business optimism drops for first time since June
Webinar: The future of Connecticut medium and heavy duty trucks and their fuels
/in News/by MTAC StaffWebinar: The Good, the Bad and the Ugly of the Future of Connecticut Medium and Heavy Duty Trucks and their Fuels. From Greater New Haven Clean Cities. New technologies, policies, and incentives are poised to upend life for the owners and managers of Connecticut’s 145,000 MD and HD trucks. The US just committed to only […]
East coast ports continue to gain business amid concerns over west coast labor talks
/in News/by MTAC StaffFrom Transport Topics. Ongoing concern about labor and management talks regarding two separate contract negotiations and a slowing U.S. economy resulted in a big drop in container volume at two of the nation’s biggest ports on the Pacific Coast. Year-over-year cargo numbers were down 25% at the Port of Los Angeles. In October, the port […]
Carriers feeling cheery about on-time holiday deliveries
/in News/by MTAC StaffFrom Associated Press via Transport Topics. The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy. Carriers like the U.S. Postal Service, FedEx and UPS project to have enough capacity after struggling under the holiday crush […]
Truckload market loosens again as tender rejections touch new low
/in News/by MTAC StaffFrom FreightWaves. By now, most industry observers and analysts agree that the U.S. truckload market has slowed significantly, part of a broader goods normalization and hangover in our COVID-recovery. Multiple spot rate benchmarks have been falling for months; capacity metrics have loosened. Accepted contract loads (CLAV.USA) peaked in October 2021 and just took a sharper […]
FMCSA announces guidance on definition of “Broker” and “Bona Fide Agent” as well as on role of dispatch services
/in News/by MTAC StaffLegal Alert from the Scopelitis Law Firm. On November 16, 2022, FMCSA will issue guidance regarding the definition of what constitutes a “broker” and a “bona fide agent” of a broker. The guidance is not a rulemaking and will be effective immediately. However, FMCSA has nevertheless requested comment on the guidance and may issue updated […]
CVSA releases 2022 Brake Safety Week results
/in News/by MTAC StaffFrom CVSA. Commercial motor vehicle inspectors in Canada, Mexico and the U.S. conducted 38,117 inspections of commercial motor vehicles Aug. 21-27 for Brake Safety Week. Of the total number of the commercial motor vehicles inspected, 13.3% were placed out of service for brake-related critical vehicle inspection item violations. That also means that nearly 87% of […]
Diesel demand destruction starting to look inevitable, international agency says
/in News/by MTAC StaffFrom Transport Topics. Unprecedented diesel prices mean that demand destruction for the fuel is probable, the International Energy Agency said. Both the outright price of the fuel and its trading level relative to crude oil rose to records in October, jumping 70% and 425% respectively year-on-year, the Paris-based adviser said in its monthly report on […]
Used Class 8 prices surprisingly increase from September
/in News/by MTAC StaffFrom Transport Topics. The average retail price for a used Class 8 in October climbed as expected year-over-year, but surprised with a very modest upturn compared with September’s price, ACT Research reported. ACT’s preliminary data, which it will finalize with numerical values later this month, showed the year-over-year average retail price was 14% higher, with […]
Secretary Pete Buttigieg touts FLOW data initiative
/in News/by MTAC StaffFrom Transport Topics. More than half a year after the launch of an information-sharing forum meant to facilitate communication between freight stakeholders, the country’s top transportation officer gave it a resounding endorsement. Transportation Secretary Pete Buttigieg touted the Freight Logistics Optimization Works (FLOW) supply chain forum, established to respond to ongoing freight bottlenecks that disrupted […]
Small business optimism drops for first time since June
/in News/by MTAC StaffFrom Bloomberg via Transport Topics. Optimism among U.S. small businesses retreated in October for the first time in four months as the sales outlook worsened, while some measures of inflation accelerated. The National Federation of Independent Business overall optimism index fell to 91.3 last month from 92.1, the group said in a report Nov. 8. […]