Much like with the truck sales numbers we have been seeing in the past few months, trailer sales are going through a renaissance at the moment, as supply chain issues that have been plaguing the trucking industry for numerous months are finally starting to clear up. ACT Research and FTR have the numbers!October 2022 NumbersACT […]
The month prior, September, was a record-breaking month for truck sales within the industry, so it was hardly feasible that October would be able to top it. While it predictably did not, it still outperformed the rest of the year by a wide margin. FTR has the numbers!October 2022 Sales NumbersFTR pins the preliminary net […]
What do you get when you ask truckers for help but also provide additional stipulations for them to do their jobs? You get a mess. This is what is happening in the state of New York, as the state government has declared both a State of Emergency and road closures for commercial vehicles. State of […]
We wrote earlier in the month how we were cautiously optimistic about the Tesla Semi becoming reality in the start of December, but now it looks like it has a 100% chance of becoming reality. Why? Because Tesla has announced a party to celebrate the end of the journey, and it would be embarrassing for […]
Chris Visser of J.D. Valuation Services calls the previous month of auctions for used Class 8 trucks to be a “market correction.” Based on the average prices that we had seen at the beginning of the year, we are inclined to agree with him.October 2022 NumbersModel year 2021: $151,905; $4,253 (2.9%) higher than September.2020: $122,088, […]
What’s New? Meta-analysis suggests about 40% of people below the age of 25 have hypertension, which in 2015, was about 1 billion people worldwide. Hypertension is the most critical risk factor for premature cardiovascular disease and accounts for 50% of all ischemic heart disease and stroke events. Many different things cause hypertension, also known as […]
You may remember a month ago that we wrote about the case regarding RhodeWorks, a system of tolls that targeted truckers to raise revenue for infrastructure. One thing we mentioned that is worth repeating is that the $100 million that the RhodeWorks tolls accumulated over the duration of the litigation is theirs to keep. As […]
CALSTART is a non-profit nationwide organization hoping to help revolutionize the trucking industry through technological advancements in energy. To that end, they have created an online program called the Zero-Emission Technology Inventory (ZETI) Data Explorer. It is a cool tool that can help you, the truck driver/fleet owner, compare and contrast the specifications of current […]
What’s New? According to the CDC, 70 million Americans suffer from some sort of sleep-related disorder. Roughly 80 sleep disorders have been noted and the most common amongst truck drivers is obstructed sleep apnea. OSA is the most widespread sleep disorder in truck drivers according to Rodolfo Giacoman, fatigue management program specialist for Commercial Vehicle […]
The Commercial Vehicle Safety Alliance (CVSA) has a handful of events every year to make sure that the trucks on our roads and the drivers who operate them are fit to drive. In this case, they are announcing the 2023 events all at the same time, not counting the “surprise” events. Here is what they […]
While it is true that we are not going to run out of fuel any time soon, it is undeniable that people reliant on energy are feeling the strain of higher prices. In direct response to this, three states have enacted States of Emergencies to mitigate wallet damage.NebraskaGovernor Pete Ricketts of Nebraska has enacted a […]
We are about a month away from total havoc. We were also a month away from no more diesel fuel about a month ago, and the month before, and the month before. This is simply how the lead-time for diesel fuel works. Allow us to explain. Production Vs. Consumption In general, fuels of all types […]
What’s New? On Saturday, November 5, the International Association of Machinists and Aerospace Workers union members approved the terms of the deal presented by the railroad. If you’ll recall, on July 15, President Joe Biden blocked a freight railroad strike in Omaha, Nebraska. This strike would disrupt the already fragile supply chain by delaying the […]
We at TopMark Funding have been busy. So busy, that we skipped a month on posting about monthly jobs in the trucking industry according to the Bureau of Labor Statistics (BLS). This month, we are getting it out of the way immediately so as to not forget. October (and September) 2022 Numbers October 2022’s first […]
History repeats itself. In September, the month prior, the rates for all three forms of freight decreased. October also had decreases for the month, but the extent to which all three decreased was lower than it was before. With the holiday season quickly approaching, is this a sign of a turnaround? DAT Freight & Analytics […]
What’s New? The American Trucking Associations Law Enforcement Advisory Board, which consists of 37 retired and active law enforcement professionals with over 900 combined years of experience, sent letters to the governor’s office and the state department of transportation of all 50 states. The letters urged the states to apply for additional federal funding to […]
What’s New? US Route 212 was awarded $10 million on Sept. 15 from the Infrastructure for Rebuilding America federal funding account. Route 212 is a major corridor that connects Southwest Minnesota and Twin Cities. The corridor spans 161 miles in Minnesota and connects 22,000 square miles of Minnesota and South Dakota. The funds will be […]
California is known for having some of the strictest trucking regulations in the country. While usually the California Air Resources Board (CARB) is satisfied with banning older year models of commercial vehicles as time marches on, they are proposing perhaps the greatest shift they have ever done: all fleets headquartered in California must be fully […]
What’s New? On October 11, the Biden Administration announced that $60 billion (yes, billion with a “B”) of federal funding would be used to repair transportation corridors nationwide. “America’s roads and bridges are the vital arteries of our transportation system, connecting people and goods across the country,” Transportation Secretary Pete Buttigieg said. On Oct. 13 […]
Elon Musk has been in the news a lot lately, most notably for purchasing Twitter for $44 billion. While the media press is focusing on the sensationalism of his latest exploits, a far more important story is flying under the radar: the release of the Tesla Semi is currently set to be a month from […]
Interstate 40 may be one of the longest roads in the United States, but truckers traveling along it where Tennessee meets North Carolina will want to take a detour, state officials warn, as things are about to become a lot more slow-moving around the state border. Details Oftentimes a highway will have a bridge segmentally […]
