It seems as though every year, the holiday season starts to appear just a little bit earlier. First it was after Thanksgiving with Black Friday, then the holiday season started to creep into October, and now companies are planning for it as early as September. This year it can be traced to September 19th, as […]
More hurricane news! This time, the hurricane is hitting the northeast, and some states are already declaring emergencies to be ahead of the curve, before Lee hits land as a category five hurricane.MaineMaine’s State of Emergency Declaration, which you can read on the relevant FMCSA webpage, does not directly pertain to truckers. Instead, it is […]
The Federal Motor Carrier Safety Administration (FMCSA) is stepping up its game when it comes to getting more drivers on the road, but it does not want to sacrifice road safety to do so. To that end, the FMCSA is putting $44 million into grants for CDL training.DetailsThe announcement came on September 14th, 2023. You […]
J.D. Valuation Services has given another update on the prices that used Class 8 vehicles are going for at auction. For the most part, the data is to be expected: as vehicles get older, their value decreases. One model year, however, has bucked that trend.July 2023 NumbersModel year 2021: $63,974, which is $12,420 (16.3%) lower […]
Freight Transportation Research (FTR) has posted its finalized numbers for July and August of 2023 in regards to new Class 8 truck sales. While July was not much to write home about, August was indeed quite an interesting month from a statistical point of view.July 2023 NumbersFTR pins the number of sales in July 2023 […]
If you have been a part of the trucking industry for any length of time, you are no doubt aware about the parking problem: the dearth of legal parking spots for commercial vehicles that cause truckers to spend over an hour finding a spot, or worse, parking in illegal and unsafe locations. Congress has introduced […]
Some people prefer to drive during the night, which is understandable: there is something special about the serene calm of the darkness while there are fewer vehicles on the road. But driving at night can also come with its own perils as well, most obviously, it being harder to see, but even things you might […]
Slowly but surely, the electric vehicle revolution is coming. One of the greatest obstacles slowing it down is the need for a more robust charging infrastructure, and one subset of that problem is the repair of existing but damaged EV charging stations. To that end, the Federal Highway Administration (FHWA) is offering state Departments of […]
When it comes to electric trucking, one of the largest obstacles blockading it from becoming the primary fuel source is the dearth of batteries. A joint venture by Accelera (owned by Cummins), Daimler Trucks, PACCAR, and foreign tech startup Eve Energy Company are coming together to build a new plant in the USA to produce […]
Every year, the millions of truckers across the United States haul over 5 trillion ton-miles of freight, making sure that people can get the goods they need to improve their quality of life whether that is an air conditioning unit in the summer or kerosene fuel for the winter. The American Trucking Associations (ATA) knows […]
I-80, spanning from one side of the country to the other, is no doubt one of the most traveled roads for commercial vehicles, so it stands to reason that along I-80 is a fantastic place to put more truck parking spaces. That is what the folks over at the Wyoming Department of Transportation (WYDOT) deduced, […]
We still have a long way to go before commercial vehicles become fully autonomous and remove the human driver entirely from the equation, but that is not stopping California from getting ahead of the curve by…trying to limit it? Yes, the state normally known for technological innovation is now trying to legislate autonomous trucks away […]
The Commercial Vehicle Safety Alliance (CVSA) sometimes likes to announce its inspection blitzes to help drivers prepare for them, but other times it likes to catch drivers by surprise to see what they are doing when they think nobody is looking. This is what happened to hazmat drivers on June 12th-16th, when the CVSA did […]
Hurricane Idalia is hitting the eastern seaboard, and what was once a problem for Florida is now expanding into other states. Here is what that entails for the four states below.GeorgiaGeorgia’s Declaration covers a variety of topics, which you can read on the FMCSA webpage, but what will catch the eye of truckers is the […]
So, it happened. Yellow, just a few months shy of being a century old, has gone out of business. The question that remains is what happens to the LTL market? The answer: it will go on as it always has.DetailsThere is a saying that a rising tide lifts all boats, but the same is true […]
Besides traffic, one of the most aggravating aspects of being a driver is the time spent waiting at facilities for the truck to load and unload. This time is often unpaid, further exacerbating the problem. The FMCSA wants to study what effects this issue plaguing the trucking industry has on safety. If they do something […]
The IRS considers the fiscal year for the Heavy Vehicle Use Tax (HVUT) to start July 1st, the halfway point of the year. The taxman wants to remind fleets that it is time to pay the piper for trucks that will be used in full this year. We hope this guide makes the experience of […]
Update: Hurricane Invest 93L has upgraded into Hurricane Idalia. Stay safe! It seems both sides of the United States are getting hit with natural disasters this late in the summer. First, it was California with Hurricane Hilary, and now Florida is having a tropical depression, currently named Invest 93L, that has the potential to become a […]
The American Transportation Research Institute (ATRI), which provides the industry with various types of helpful information, is now collecting data from industry stakeholders about their biggest concerns for the future of trucking to compile in their annual report.DetailsThis is the nineteenth time that the ATRI is doing its Top Industry Issues Survey. If you would […]
Earlier this week we wrote about how the American Road & Transportation Builders Association (ARTBA) analyzes the annual Department of Transportation report on bridges. The good news is that the number of bridges in need of repair are going down, but the bad news is that it is at a slow rate, averaging 1,400 a […]
The California Air Resources Board (CARB) is never done with its task of putting on more and more stringent regulations in pursuit of higher air quality. You might remember the diesel ban of 2042, but that is still almost two decades away from the time of this article. There is a new regulation that is […]
Are you ready for the future? It is still numerous decades away, but that is not stopping Kodiak Robotics from forming a partnership with the Pilot Company to create a station that will support autonomous vehicles.DetailsThe new station is located on a standard truck stop in Villa Rica, Georgia. The planned uses for it include […]
California is a very large state, so although we are headquartered here in Roseville, the most water we have gotten in the past month is a quarter inch at the absolute most. Compare this with the southern half of the state, which is having a bit of a crisis due to Hurricane Hilary. As such, […]
Here is some uplifting news. The United States’ infrastructure has been an issue for decades now, as bridges have been in desperate need of repair, but often only being repaired when it becomes an emergency. According to recently released data, however, things are starting to look up for bridges nationwide.DetailsThe American Road & Transportation Builders […]
As we inch ever closer to the end of the year, savvy fleet owners know to maximize their use of Section 179 for the year to get the best possible return on investment for their assets. Though we are not tax lawyers, this article should serve as a good foothold for fleets to begin the […]
The Federal Motor Carrier Safety Administration (FMCSA), one of the leading regulators of the trucking industry, said that California’s and Washington’s rules regarding breaks did not apply to truckers. They are instead under the jurisdiction of federal regulations. This declaration happened in 2018 during the Trump Administration, and as such the current establishment is heavily […]
Do you enjoy sitting in traffic when you drive, regardless of whether it is in an 18-wheeler or a 4-wheeler? Neither do we. One of the most common points of congestion tends to be bridges, as they are the only common method of getting a motor vehicle across a large system of water. So one […]
The road to alternative fuel sources in cars is long and arduous, let alone within the trucking industry. Recently, Tesla had undergone a safety recall regarding its electric Semi truck, and now a rival company named after the same famous inventor, Nikola, is doing the same.DetailsThe news comes after two trucks were set ablaze at […]
Time really does fly when there is a lot to report about in the trucking industry. First, we let details about truck sales for the month fall by the wayside, and now it turns out we have been skimping out on reporting freight rates! Here are the numbers for the last four months for all […]
Sacramento is a stone’s throw away from our headquarters in Roseville, California, so we are excited to hear and to report that the Sacramento International Airport (SMF) is getting an infrastructure investment that will help bring electric trucks one step closer to becoming the mainstream form of trucking fuel.DetailsWattEV, a company from Long Beach, is […]
It is not a surprise to anyone that truckers are slowly but surely becoming older on average: we often cite the statistic that every year, the average age goes up by about a month. This is in part due to how much regulation goes into preventing new drivers from entering the workforce, creating a barrier […]
We here at TopMark Funding love to report on the news when it is especially positive, but we do not get the privilege of picking and choosing when the news is good versus bad. There is no sugarcoating it: the number of trucking jobs experienced a slight decline in July. The Bureau of Labor Statistics […]
Remember when we used to provide you with updates regarding the number of truck orders for each month? There are two reasons why we have been lingering in reporting this for the past quarter. The first is that there may be a difference between the preliminary numbers and the final numbers reported for the month, […]
Do you want your fleet to suffer fewer crashes? Apparently one of the easiest methods to do so is to join a state’s trucking association, according to research compiled from the American Transportation Research Institute.DetailsThe study, which you can read in full provided you give the ATRI your information, has 35 pages of statistical terminology […]
California is a very beautiful state geographically, but when it comes to governmental regulation, its intense burdens can leave something to be desired for the average fleet traveling within state borders. The California Air Resources Board (CARB) has announced that it is planning to form what it calls the Truck Regulation Advisory Committee (TRAC), which […]
You may remember earlier how we wrote about a potential United Parcel Service strike from the International Brotherhood of Teamsters (IBT), and event that would almost be twice as cataclysmic for the American supply chain as the previous strike in 1997. Well, consumers can now breathe easier, as the two parties have come to an […]
The Commercial Vehicle Safety Alliance’s (CVSA) International Roadcheck 2023 has come and gone during the May 16th-18th. This is what they found.ResultsIn total, almost 60,000 vehicles were inspected in the three days. That is roughly the same that it was last year, at approximately thirteen per minute.116,669 violations were found, meaning on average every inspection […]
Trailers, by definition, are inert objects that are pulled by something else to get it moving, but in terms of the trucking industry, part of that definition may be changing due to a new technological innovation from Range Energy.DetailsRange Energy’s new electric trailer, the RA, has its own battery that it pulls power from to […]
Similarly to Vermont, the Bluegrass State is now suffering from an overabundance of water. Governor Jim Gray has declared a State of Emergency in direct response to these events. Details This Declaration is very different from the one in Vermont. Whereas Vermont’s Declaration was very vague about who it applied to and what it allowed […]
We talked about a potential strike incoming from Yellow workers that would have gone into effect by the time you read this, but the situation has changed. While a strike is still on the table, Yellow now has an additional month to mitigate it.DetailsThe entire debacle started when the Yellow Corporation failed to make proper […]
For the fifteenth consecutive year, The Pennsylvania Turnpike Commission (PTC) approved of a 5% toll increase for 2024. It is a small amount, but it is still helpful to know for our east coast truckers.DetailsIf you use an E-ZPass, the toll will increase from $14.40 to $15.20. If you travel on the Turnpike rarely and […]
