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States Challenge Department of Transportation

States Challenge Department of Transportation Over Driver Records

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Another lawsuit in the greatest country on Earth? It must be a day ending with a “y.” That is a phrase we used in an article from last week, and it seems to still ring true as another lawsuit is hitting the trucking industry. This time, it is a coalition of twenty-two states plus the District of Columbia suing the national Department of Transportation (DOT), the Department of Homeland Security, and the American Association of Motor Vehicle Administrators (AAMVA), in a battle that concerns 17 million records and a possible violation of the right to privacy.

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California Abandons Advanced Clean Fleet Rule

California Abandons Advanced Clean Fleets Rule

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Unless you have been living under a rock for the past two years, you have heard about the California Air Resource Board (CARB) and their strong plans to make the trucking industry greener. No new diesel trucks by 2036. Illegal to operate a diesel truck by 2042. Well, drivers in or traveling through the Golden State can now rest easier, as CARB has decided to abandon these plans.

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Trucking Industry Sees Massive Holiday Season

Trucking Industry Sees Massive Holiday Season

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Merry Christmas from all of us at TopMark Funding! It seems as though Santa has left a present under the tree for the industry as a whole, as the National Retail Federation reports expectations of a record-shattering holiday season of deliveries. Details According to the National Retail Federation, sales by dollar are expected to be […]

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Mack Strike Ends

Mack Strike Ends

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There were a lot of strikes in the news these past few months, so we kept our eyes on this story while it unfolded but refrained from writing about it until it resolved. Well, here we are, the United Auto Workers (UAW) has reached a bargaining agreement with Mack Trucks.DetailsAfter a thirty-nine day strike, the […]

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Department of Transportation Announces Truck Parking Grants

Department of Transportation Announces Truck Parking Grants

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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 […]

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Autonomous Truck Stop Opens in Georgia

Autonomous Truck Stop Opens in Georgia

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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 […]

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Truck Sales for April May and June 2023 Remain_Steady

Truck Sales for April, May, and June 2023 Remain Steady

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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, […]

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FMCSA Wants to End COVID19 CDL Waiver

FMCSA Wants to End COVID-19 CDL Waiver

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The primary State of Emergency exemption from the COVID-19 pandemic, the one regarding waiving hours-of-service requirements within reason, has long since passed, but its smaller brother, a waiver that enables some third-party CDL skill tests examiners to also conduct CDL knowledge tests, is still ongoing. The Federal Motor Carrier Safety Administration (FMCSA) wants to stop […]

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CTA and OOIDA Prepare New Battle_Against_AB5

CTA and OOIDA Prepare New Battle Against AB-5

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AB-5, a law regarding the classification of workers depending on a variety of standards, may be the law of the land in the most populous state, California, but that is not stopping the trucking industry from challenging it from applying to the industry. Now, the California Trucking Association (CTA) and Owner-Operator Independent Drivers Association (OOIDA) […]

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Trucker Path Determines Worst Region for Truck Parking

Trucker Path Determines Worst Region for Truck Parking

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When a private application on a smartphone takes your private data, sometimes it is not to sell you more products through advertisements. Sometimes, the data can be used to discover valuable information to solve problems. This is what the developers behind Trucker Path, a company designed around solving problems for the trucking industry, have decided […]

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Truck Stops Offering Deals on Inspections

Truck Stops Offering Deals on Inspections

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With the Commercial Vehicle Safety Alliance’s (CVSA) upcoming International Roadcheck, some travel stations that also offer maintenance are hoping to cash in on the event by offering their repair services to fleets and truckers.Love’s Travel StopsAs of the time of publishing, Love’s Truck Care is offering a free TirePass service (tire inflation and inspection) with […]

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California Considers Driverless Truck Ban

California Considers Driverless Truck Ban

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The most populated state in the nation, California always seems to be in the news when it comes to the trucking industry. Usually it involves regulations that make trucking harder, but depending on how you look at this one, it could easily be seen as something beneficial to drivers.DetailsCalifornia’s legislative system works similarly to the […]

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Truck Parking Safety Improvement Act Reaches House

Truck Parking Safety Improvement Act Reaches House

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In December, we wrote about how the Truck Parking Safety Improvement Act was gaining momentum within the United States Senate, but also mentioned that it was only the first step to actually getting any legislation done, as it would need to go through the House of Representatives as well. That is happening now.DetailsThe Truck Parking […]

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Clean Freight Coalition Founded

Clean Freight Coalition Founded

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It is no surprise to anyone that federal regulations are becoming stricter and stricter in regards to emissions from the transportation industry, especially regarding Class 8 trucks. While nobody is against cleaner air, some trucking industry stakeholders believe a more modest approach to the problem is the key to balancing economic and environmental interests. Out […]

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KnightSwift Purchases US Express

Knight-Swift to Purchase U.S. Xpress

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In what might be the largest business deal in the trucking industry that we will see this decade, Knight-Swift, one of the largest fleets in the nation, has decided to purchase U.S. Xpress, a smaller but still significantly large truck fleet, to the tune of $800 million.Acquisition DetailsKnight-Swift is acquiring the smaller company in the […]

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Avia Outlines Regulatory Reccomendations

AVIA Outlines Regulatory Recommendations

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The Autonomous Vehicle Industry Association (AVIA), knowing that the federal government is going to regulate them eventually, has taken a proactive approach to its problem by outlining suggestions on what it thinks the government can do to help autonomous technology flourish while keeping people safe.DetailsYou can read the entire 12 page document at the relevant […]

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ATA TMCs 2023 TTE Starts February 27th

ATA TMC’s 2023 TTE Starts February 27th

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We know that the title has plenty of acronyms, so allow us to elaborate. The American Trucking Association (ATA) has a Technology and Maintenance Council (TMC) which will be hosting its annual meeting and Transportation Technology Exhibition (TTE) on February 27th.Transportation Technology Exhibition DetailsThe event will run for four days at the Orange County Convention […]

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FMCSA Revoking ELDs Shows Flaws in Current System

FMCSA Revoking ELDs Shows Flaws in Current System

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In the last two weeks the Federal Motor Carrier Safety Administration (FMCSA) has revoked three Electronic Logging Devices (ELDs) of their certification status. Drivers who had one of these three types of ELDs are required to use paper logs until they can obtain a suitable replacement. This situation highlights a serious issue in the ELD […]

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Labor Unions Advocate in California Against Autonomous Vehicles

Labor Unions Advocate in California Against Autonomous Vehicles

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Autonomous trucks are still numerous decades away from fully replacing the human driver, but that has not stopped labor unions representing truckers in California from petitioning the state Legislature to put in regulations that protect California’s truckers from becoming displaced by the technology.Autonomous AutomobileCalifornia already has set rules in place regarding self-driving vehicles that weigh […]

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Court Rules Over Intermodal Chassis Choice Case

Court Rules Over Intermodal Chassis Choice Case

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Since August 2020, there has been an ongoing lawsuit between the American Trucking Associations’ Intermodal Motor Carriers Conference (IMCC) and numerous ocean carrier equipment organizations over the required use of specified intermodal chassises rather than truckers any chassis that fits specifications. Recently, a Federal Maritime Commission (FMC) administrative law judge ruled that this practice was […]

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What a truck of the future may look like: fully electric and fully autonomous.

FMCSA Asks for Public Opinion on Autonomous Trucks

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Autonomous trucks are no doubt still far into the future, but that has not stopped the Federal Motor Safety Administration (FMCSA) from preparing to regulate them. They have announced a Supplemental Advance Notice of Proposed Rulemaking (SANPRM) where they request public feedback on how self-driving trucks should be regulated as they become more common.DetailsThe SANPRM […]

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Auction_Rates_Decrease_on_Used_Trucks_in_December_2022

Auction Rates Decrease on Used Trucks in December 2022

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J.D. Valuation Services is happy to report that the data they have collected show used Class 8 trucks are continuing their market correction from the highs earlier in the year and in 2021.December 2022 NumbersUsually one or two model years will go against the general trend as with what happened in November 2022, but the […]

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Trailer Sales for both November and December 2022 Beat Prior Year

Trailer Sales for both November and December 2022 Beat Prior Year

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Can we interest you in a double feature? The trucking industry has lately been firing on all cylinders, and trailer sales have not been an exception to the rule. Unlike the rest of the trucking industry, December saw an acceleration of trailer sales. ACT Research has the numbers.November and December 2022 Trailer SalesAccording to ACT […]

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Analysts Predict Truck Part Prices to Rise Slower

Analysts Predict Truck Part Prices to Rise Slower

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On January 16th there was an event called the Heavy Duty Aftermarket Dialogue (HDAD) conference in Texas. HDAD describes itself on its website as, “an outlook conference specifically directed toward the heavy duty aftermarket supplier industry.” One of the presenters there was MacKay & Company, which is similar to FTR and ACT Research but focusing […]

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Trucking Jobs Increase in December 2022

Trucking Jobs Increase in December 2022

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The trucking industry has been hard at work these last few months due to the holiday season. As a direct result, fleets were scrambling to get more bodies into their trucks. The Bureau of Labor Statistics (BLS) has the numbers.December 2022 NumbersDecember 2022’s preliminary estimate stands at 1,601,500. This is either the third or fourth […]

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BTS Releases 2020 Transportation Statistics Annual Report

BTS Releases 2020 Transportation Statistics Annual Report

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2020 was certainly a special year. A recently released report from the Bureau of Transportation Statistics (BTS) can give us some insight into how the year that most people stayed home impacted the trucking industry.Facts & FiguresThe entire document is over 230 pages long and covers many various aspects of the transportation industry, including freight […]

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Study Shows, Truckers Need Better Parking Visibility

Study Shows, Truckers Need Better Parking Visibility

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What’s New? Research conducted along an East Coast freight corridor found that truckers are missing out on open parking spaces due to a lack of visibility of what’s available, and drivers’ perception, based on trucks already parked along the side of the highway, that all spots are taken. “The most influential factor — or the […]

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New Bill Gives Truckers Access to Restrooms

New Bill Gives Truckers Access to Restrooms

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What’s New? The Trucker Bathroom Accessibility Act was introduced by U.S. Reps. Troy Nehls (R-Texas) and Chrissy Houlahan (D. Pa.). If passed, the bill would require businesses with a restroom for either employees or customers to be open to delivery or pick-up drivers. The bill does not require businesses without a restroom to construct one, […]

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Auction_Prices_Have_Slight_Rise_in_November_2022

Auction Prices Have Slight Rise in November 2022

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J.D. Valuation Services has reported the average auction prices for used Class 8 trucks in November 2022. It is what we had anticipated the month prior: the intersection of supply and demand determining price is still the king of economics.November 2022 DetailsModel year 2020: $96,350: an increase of $7,325 (8.2%) from the month prior.2019: $77,767; […]

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Class_8_Truck_Sales_Still_Going_Strong_as_of_November_2022

Class 8 Truck Sales Still Going Strong as of November 2022

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November’s truck month sales are a repeat episode of October’s: the count is high, much higher than the 2021 equivalent, but has decreased from the month prior. ACT and FTR have the numbers!November 2022 NumbersACT has preliminary orders at 33,000 while FTR reports 34,300. While this is lower than October’s estimate of 43,200, it is […]

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Rail Strike Officially Averted

Rail Strike Officially Averted

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What’s New? On Dec. 2 President Joe Biden signed a bill to end the long-standing labor agreement between a freight rail station and its union workers. “The bill I’m about to sign ends a difficult rail dispute and helps our nation avoid what without a doubt would have been an economic catastrophe at a very […]

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Truck_Parking_Bill_Introduced_in_Senate

Truck Parking Bill Introduced in Senate

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On December 1st, two senators from both sides of the political aisles introduced the Truck Parking Safety Improvement Act. Should it be passed into law, it would enable $755 million of investment spending into public truck parking spaces. Details The phenomenon of truck parking demand exceeding supply is nothing new. Some city governments are taking […]

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Trucking_Jobs_Once_Again_Break_Records_in_November_2022

Trucking Jobs Once Again Break Records in November 2022

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Every month the Bureau of Labor Statistics updates its estimates for job numbers in various industries for the past three months. Here is what is going on in NAICS 484: the trucking industry.November 2022 NumbersThe preliminary employment count for November 2022 is 1,601,300. A new record for the industry!The initial revision for October 2022 is […]

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Freight_Rates_Take_Minor_Hit_November_2022

Freight Rates Take Minor Hit November 2022

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The quiet before the storm of the holiday season.Freight rates have encountered another slight decrease similar to what happened in October. Here are the DAT numbers.November 2022 NumbersDry van decreased another four cents to $2.38 per mile.Flatbed, like the month prior, dropped four cents. It is now averaging $2.83 per mile.Reefer rates stood stagnant at […]

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Pending Strike Becomes Imminent

Pending Strike Becomes Imminent

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What’s New? A strike could occur as early as Dec. 9 now that freight carriers union SMART-TD has rejected the tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials. The Sheet Metal, Air, Rail, and Transportation Workers union and their 500+ Transportation Division members made the announcement on Nov. 21. Another […]

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Trailer_Orders_Increase_Drastically_in_October_2022

Trailer Orders Increase Drastically in October 2022

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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 […]

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SecondHighest_Truck_Orders_for_the_Year_in_October_2022

Second-Highest Truck Orders for the Year in October 2022

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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 […]

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One Rail Union Accepts Railroad Terms

One Rail Union Accepts Railroad Terms

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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 […]

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Freight Rates Take Miniscule Decline In October 2022

Freight Rates Take Miniscule Decline In October 2022

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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 […]

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ATA Urges States to Apply for More Federal Funds

ATA Urges States to Apply for More Federal Grants

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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 […]

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90 Year Old Minnesota Road Gets $10 Million Makeover

90 Year Old Minnesota Road Gets $10 Million Makeover

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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 […]

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White House Announces $60 Billion Transportation Plan

White House Announces $60 Billion Transportation Plan

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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 […]

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Auction_Rates_Slightly_Lower_on_Average_in_September_2022

Auction Rates Slightly Lower on Average in September 2022

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J.D. Valuation Services reports that while some used truck models increased in value at auction and others decreased over the month of September, the decreases were larger than the increases and created a net drop in used auction rates for the month.September 2022 NumbersModel year 2021: $147,458 (No comparison to August)2020: $89,336, a decrease of […]

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Rail Unions Reject Tentative Deal, Reinstating Strike Risk

Rail Unions Reject Tentative Deal, Reinstating Strike Risk

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Background On July 15, President Joe Biden blocked a freight railroad strike in Omaha, Nebraska. This strike would disrupt the fragile supply chain by delaying the shipment of goods for at least 60 days. To combat this, President Biden appointed a board of arbitrators, the Presidential Emergency Board, to help the dispute with contract building […]

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Biden_to_Release_More_from_Stategic_Petroleum_Reserve

Biden to Release More from Strategic Petroleum Reserve

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Coming hot off the heels of the news of OPEC Plus slashing oil production by two million barrels of oil per day, Joseph Biden announced that he will once again be tapping into the Strategic Petroleum Reserve to help alleviate prices. Details The Strategic Petroleum Reserve is a well of crude oil near the Gulf […]

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CVSA_Hazamat_Blitz_2022

CVSA Hazmat Blitz 2022

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The Commercial Vehicle Safety Alliance (CVSA) is no stranger to having inspections on commercial vehicles for safety purposes, lest we forget the International Roadcheck that happened earlier this year. As it turns out, they have done another one, this time, the Hazardous Materials/Dangerous Goods Road Blitz.DetailsIf this is your first time hearing about this event […]

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WELCOME TO TEXAS - traffic sign message

Texas Announces 10 Year, $85 Billion Plan

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What’s new? Texas Department of Transportation has announced its plan to spend $85 billion on roadways, focusing on congestion, enhanced transportation safety, and improved highways over the next 10 years. The governor gave the stamp of approval on Aug. 30. The 188-page document outlines the planning and development for the Unified Transportation Program, which also […]

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Freight_Rates_Take_Slight_Decline_in_September_2022

Freight Rates Take Slight Decline in September 2022

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The trucking industry is composed of numerous facets that all interconnect with one another. While it would be nice to say everything in the trucking industry is sunshine and roses all of the time, that is simply not the case and while most of the industry can be thriving, good news in some aspects of the trucking industry can sometimes lead to less favorable news in others. Case in point: freight rates taking a slight dip in the last month.

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EarthShattering_Class_8_Sales_in_September_2022

Earth-Shattering Class 8 Sales in September 2022

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When demand outpaces supply for an extended period of time, it is like a shaken bottle of soda. Eventually, it is going to erupt. According to the preliminary numbers provided by FTR, that is exactly what happened in September.September 2022 NumbersFTR estimates the sales for September 2022 to be 56,500 units. That is:169% more than […]

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Eight_States_HoursofService_Waived_in_Response_to_Hurricane_Ian

Eight States’ Hours-of-Service Waived in Response to Hurricane Ian

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There appears to always be some weather phenomenon going on somewhere in the fifty states that comprise this country. This time, the topic of interest is Hurricane Ian, the second major hurricane of this year’s hurricane season. In response to it, the Federal Motor Carrier Safety Administration (FMCSA) has declared a State of Emergency to […]

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Florida_Has_State_of_Emergency_Regarding_Tropical_Depression

Florida has State of Emergency Regarding Tropical Depression

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Tropical Depression Nine was spotted approximately 1,000 miles southeast of Florida on September 23rd, 2022, and the Sunshine State is expecting it to brush up against its shores. In a direct proactive response, Governor Ron DeSantis is issuing a State of Emergency that is fourteen sections long and is far longer than any typical Declaration […]

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Rhode_Island_Truck_Tolls_Defeated_in_Court

Rhode Island Truck Tolls Defeated in Court

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Truckers traveling along I-95 and other highways through Rhode Island have been paying tolls targeted towards them since 2018, but the U.S. District Court says that this must go on no longer.DetailsSince RhodeWork’s initial planning in 2015 the state has implemented twelve toll booth locations, with a thirteenth along the way had the U.S. District […]

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Florida_to_Provide_Funding_to_Trucking_Schools

Florida to Provide Funding to Trucking Schools

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America can always use more unsung heroes of the road. Florida Governor Ron DeSantis agrees with the sentiment, and on September 15th the governor granted $8.2 million dollars to five community colleges to boost their vocational trucking programs.DetailsFlorida is hoping that the one-time payment of $8.2 million will increase the number of truckers these five […]

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USDOT Awards $1.5 Billion in Federal Infrastructure Grants

USDOT Awards $1.5 Billion in Federal Infrastructure Grants

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What’s New? On Thursday, Sept. 15 U.S. Secretary of Transportation Pete Buttigieg announced that the Biden-Harris Administration has awarded $1.5 billion for highway, multimodal freight, and rail projects that will make the nation’s transportation and infrastructure systems safer and more resilient. “Today we are announcing transformative investments in our nation’s roads, bridges, ports, and rail […]

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$34.6 Billion For Highway Improvements in Illinois

$34.6 Billion For Highway Improvements in Illinois

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What’s New? Illinois Department of Transportation’s Data-Driven Decisions Tool has selected 13 projects for state investment improvements. The tool was used to determine which projects would benefit the most under the state’s Multi-Year Program (fiscal years 2023 to 2028). The analytics tool was used to assess current infrastructure projects adding highway capacity to a 6-year […]

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CVSA_Posts_International_Roadcheck_Results

CVSA Posts International Roadcheck 2022 Results

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International Roadcheck 2022 was a little over four months ago, and now the Commercial Vehicle Safety Alliance has published its findings of the 72-hour inspection blitz across the North American continent.ResultsThe CVSA performed 59,026 inspections over 72 hours, or over thirteen per minute.Mexico continues to reign supreme of the three countries in terms of out-of-service […]

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Truck_Safety_Coalition_Lists_Deadliest_States_for_Trucking

Truck Safety Coalition Lists Deadliest States for Trucking

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On September 19th the Truck Safety Coalition released a document listing the number of fatalities for each state, both by total number and by population. Here are those results.MethodologyThe Truck Safety Coalition compiled data from the National Highway Traffic Safety Administration (NHTSA) on truck crash fatalities in 2020, the latest data, and compared it to […]

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FMCSA_to_Research_Truckers_Using_Autonomous_Technology

FMCSA to Research Truckers Using Autonomous Technology

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It is widely considered that the most dangerous part of a Class 8 truck is the driver behind the wheel. If he or she is not actively paying attention, catastrophic damage can occur. Autonomous trucking technology is slowly getting better, but long before trucks ever become fully automatic, they will become easier to handle but […]

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FMCSA_Extends_COVID19_Waivers_Another_Three_Months

FMCSA Extends COVID-19 Waivers Another Three Months

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While the State of Emergency regarding hours-of-service and COVID-19 has been extended only forty-five days, its sister declaration regarding the handling of Commercial Learner’s Permits (CPLs) has been extended the typical ninety days.DetailsUnder normal circumstances, a CLP driver needs to have a driver with a CDL riding shotgun for the duration of training. With coronavirus […]

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BidenHarris_Administration_Founds_WOTAB

Biden-Harris Administration Founds WOTAB

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“Women are significantly underrepresented in the trucking industry, holding only 24 percent of all transportation jobs,” FMCSA Deputy Administrator Robin Hutcheson once said in a statement. The Biden-Harris administration is interested in making the industry more representative of the population as a whole, and is founding the Women of Trucking Advisory Board (WOTAB).DetailsWOTAB’s inaugural committee […]

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American_Transportation_Research_Institute_Wants_Your_Opinion

American Transportation Research Institute Wants Your Opinion

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It is that time of year again. Do you love telling people your opinion? If you do, the American Transportation Research Institute (ATRI) wants to know what your greatest priorities are regarding current trends within the trucking industry.DetailsThe survey can be found on the ATRI’s survey webpage. For its methodology, the survey gives you twenty-eight […]

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Trailer_Sales_June_2022_Update_and_July_2022

Trailer Sales: June 2022 Update and July 2022

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The trucking industry is always changing, and the research organizations are always revising their numbers. As such, we wanted to give you an update not only for July’s sales numbers, but also a change to what happened in June. June Numbers Increase In a previous article we reported that trailer sales for June 2022 were […]

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DOT Gives States $513.2 Million For Infrastructure

DOT Gives States $513.2 Million For Infrastructure

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What’s New? The Department of Transportation is giving $513.2 million to 30 states as part of their Emergency Relief Program.  The goal of the program is to provide relief to communities after extreme weather and wildfires. “From recent hurricanes that struck the Gulf Coast, to wildfires in California and floods and mudslides in numerous states, […]

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Railroad_Strikes_May_Exacerbate_Truck_Capacity_ATA_Exclaims

Railroad Strikes May Exacerbate Truck Capacity, ATA Exclaims

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We have written about railroad strikes before, but we have not yet discussed in detail to what extent it would impact the trucking industry. Chris Spear of the American Trucking Associations (ATA) has an idea of what it would be. Details Trucking and railroad are invariably intertwined: oftentimes a railroad will cover the majority of […]

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Trucking_Jobs_Increase_a_Notch_for_August_2022

Trucking Jobs Increase a Notch for August 2022

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The trucking industry continues to roll on, with more drivers on the road than ever. The Bureau of Labor Statistics has posted updates. August 2022 Employment Numbers The first preliminary numbers for August 2022 pins the count at 1,595,500. July 2022’s second preliminary pegs the number at 1,594,700. This is a decrease of 300 from […]

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West_Coast_Suffers_Drought_Rest_Floods

West Coast Suffers Drought; Rest, Floods

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The United States is suffering from a water distribution problem this summer: while the west coast cannot get enough water, the east coast is experiencing torrential downpour. As of the start of September seven states are undergoing States of Emergencies regarding water, be it a dearth or an abundance.AlaskaAlaska is the largest state in the […]

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Three of the 12 Rail Unions Announce Terms

Three of the 12 Rail Unions Announce Terms

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Background On July 15, President Joe Biden blocked a freight railroad strike in Omaha, Nebraska. This strike would disrupt the fragile supply chain by delaying the shipment of goods for at least 60 days. To combat this, President Biden appointed a board of arbitrators, the Presidential Emergency Board, to help the dispute with contract building […]

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Delaware Bill Could Increase Truck Parking Fines

Delaware Bill Could Increase Truck Parking Fines

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House Bill 479 aims to increase fines for truck drivers who park in residential parking, increasing fines up to $2,000. Currently, the bill is waiting on action from Delaware Gov. John Carney after it went through the General Assembly unopposed. “Staff from the governor’s office usually reach out to the chief clerk of the House […]

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Freight_Rates_Let_Off_Steam_in_August_2022

Freight Rates Let Off Steam in August 2022

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The temperature across the nation is not the only thing that is white-hot right now, freight rates have been experiencing similar extremes these last handful of months. Like the weather of the year, it appears that the rates are starting to cool down.August 2022 Freight RatesDry van decreased eleven cents to $2.53 per mile.Flatbed decreased […]

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Gas Prices Fall for 70 Days

Gas Prices Fall for 70 Days

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What’s New? Aug. 30 – Gas prices have fallen for 70 days consecutively. This is the second longest decline in gas prices since January 2015, falling for 117 days. According to AAA, gas prices are averaging about $3.892 per gallon after reaching a record high of $5.016 per gallon in June. Diesel Gas 2023 Predictions […]

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Used_Trucks_Became_Cheaper_in_July_2022

Used Trucks Became Cheaper in July 2022

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Another month, another round of used Class 8 auction rates from our friends at J.D. Valuation Services. In this case, the downward trend mostly continues as four out of five model years saw prices decline in varying levels of intensity.July 2022 NumbersModel year 2021: $145,278. A decrease of $8,611 (5.6%) from June.2020: $116,840, a $5,839 […]

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CaliforniaTesla_Lawsuit_Sets_Autonomous_Trucking_Back_Slightly

California-Tesla Lawsuit Sets Autonomous Trucking Back Slightly

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When you think of Tesla Motors, there are two features that you think about: the long range by electric vehicle standards, and the autonomous driving features. The California Department of Motor Vehicles is putting an ax to the latter.DetailsCalifornia’s DMV is suing Tesla Motors, filing with the Office of Administrative Hearings to say that Tesla […]

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Truck Driver Pay Increased Drastically

Truck Driver Pay Increased Drastically

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What’s new? An American Trucking Association study released on August 10, states that truck driver wages increased by 18% compared to 2019 average wages. Median compensation in 2021 stood at $69,687. This does not include benefits, but it does include bonuses. “In the truckload space, compensation was up 18% from 2019,” ATA Chief Economist Bob […]

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Prisons Expand CDL Training for Women

Prisons Expand CDL Training for Women

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The Federal Bureau of Prisons is expanding its commercial driver’s license program to focus on incarcerated women.  “CDL training is a career field which is in high demand throughout the U.S.,” said Donald Murphy, a spokesman for the Federal Bureau of Prisons’ Information, Policy and Public Affairs Division, in an interview with Transport Topics. “Inmates […]

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Senate Debates Freight-Centered Bill

Senate Debates Freight-Centered Bill

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The Inflation Reduction Act of 2022 is a scaled-back version of President Biden’s Build Back Better climate change proposal. The Inflation Reduction Act aims to combat severe weather events for infrastructure projects and promote greener sources of energy for transportation networks. The total bill comes to a grand $740 billion and while the bill details […]

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FMCSA to Give $44 Million to State CDL Programs

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The Federal Motor Carrier Safety Administration, as a part of last year’s Infrastructure Investment and Jobs Act, is giving away $44 million in grants to different state CDL training programs. If you are a fleet hoping to get more drivers in your trucks, here is what you need to know.Details“FMCSA’s core mission is safety, and […]

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Kentucky & West Virginia Issue Emergencies for Torrential Flooding

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Here at TopMark Funding’s headquarters near the capital of the sun-drenched California, we are suffering from a tremendous drought that has left us wondering where all the water has gone. It appears we finally have our answer: it is hitting Kentucky and West Virginia with great force. So much so, that the governors of both […]

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Ports of California Resumes Normal Operation

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In today’s world, the news moves quickly. We reported recently about how the AB-5 protests in the port of Oakland, Long Beach, and Los Angeles were subject to blockage due to protests against California’s Assembly Bill 5, which would outlaw the owner-operator model except under specific circumstances. At this point in time, however, things have […]

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Trailer_Orders_Dip_Modestly_for_June_2022

Trailer Orders Dip Modestly for June 2022

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Industry experts state that there’s an annual trend for trailer sales in that they usually bottom out in June. This year is no different as June 2022 is the weakest month for sales thus far, however, there is a silver lining to the news, according to ACT Research and FTR.June 2022 DetailsFreight Transportation Research pins […]

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I-81 Corridor Coalition Asks for Federal Funding for Truck Parking 

I-81 Corridor Coalition Asks for Federal Funding for Truck Parking 

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The Interstate 81 Corridor Coalition wants to form a multistate team in order to apply for federal funds to improve truck parking along the interstate highway. Who is the I81CC? The I81CC was originally formed in 2011 to improve driving conditions for freight and passenger transportation along the corridor.  This decision came after a roundtable […]

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New ATA Program Focuses on Women in Trucking

New ATA Program Focuses on Women in Trucking

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The American trucking Association introduced a new program that aims to focus on uplifting and acknowledging the contributions of female truck drivers. “The trucking industry relies on women – whether in the boardroom, as a technician, or behind the wheel – and we believe that by highlighting the many contributions the women already in trucking […]

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House Committee Approves Truck Parking Bill

House Committee Approves Truck Parking Bill

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On July 20, the House Transportation and Infrastructure approved a bill to increase parking for commercial motor vehicles.  The bill aims to “provide parking for commercial motor vehicles and improve the safety of commercial motor vehicle operators.” Sponsored by Mike Bost (R-Ill.), the Truck Parking Safety Improvement Act would build and expand safe parking areas […]

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Cummins to Manufacture Fuel-Agnostic Engines

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In an effort to combat multiple problems plaguing the trucking industry (emissions, maintenance, etc.), Cummins is planning to bring to market fuel-agnostic engines.DetailsContrary to the name, the engines believe that fuel exists, and each engine will take a particular type of fuel, so a lazy driver cannot pour renewable natural gas into a diesel engine.What […]

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California_Truckers_Protest_AB5

California Truckers Protest AB-5

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Following the Supreme Court of the United States declining to hear the case regarding AB-5 and how it applies to the truckers of California, truckers in California have taken to the streets to voice their concerns via protesting.DetailsStarting July 13th and still going at the time of the writing of this article, approximately 100 truckers […]

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Trucking_Jobs_Lurch_Forward_for_June_2022

Trucking Jobs Lurch Forward for June 2022

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Another month, another update from the Bureau of Labor Statistics (BLS). As with previous months, the streak of job growth within the trucking industry continues, and the industry reaches a new all-time high.June 2022 NumbersThe initial posting for June 2022 is 1,589,500 jobs.The updated number for May 2022 is 1,585,200, which is a 3,900 increase […]

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FMCSA_Extends_Baby_Formula_Shortage_Declaration

FMCSA Extends Baby Formula Shortage Declaration

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It appears as though COVID-19 is not the only State of Emergency that needed to be extended, as the Federal Motor Carrier Safety Administration has updated its Declaration regarding the hauling of materials used in the production of baby formula.DetailsThe events started in February, when an Abbott plant in Michigan that produces baby formula shut […]

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Used_Truck_Auction_Prices_Tumble_in_June_2022

Used Truck Auction Prices Tumble in June 2022

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It is fair to say that the used truck market has become a buyer’s market, as, according to J.D. Valuation Services, average prices across the board decreased double-digit points in June.June 2022 DetailsModel year 2021: $153,889. As this is the first month J.D. Valuation Services has tracked for model year 2021, there is no gain […]

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Freight_Rates_Decrease_a_Sliver_in_June_2022

Freight Rates Decrease a Sliver in June 2022

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Another month, another update from DAT Freight and Analytics. In spite of everything going on in the world right now, freight rates have appeared to stabilize somewhat for the previous month.The NumbersAverage dry van rates were $2.69, a two cent decrease.Average flatbed rates were $3.44, a one cent decrease from before.Average reefer rates were $3.05, […]

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Supreme Court Declines to Hear AB-5 Case

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The Supreme Court has announced in an end-of-term orders list that it will not be reviewing CTA v. Becerra, making the Ninth Circuit Court of Appeals verdict the official law of California.DetailsJudge Roger Benitez issued an injunction against the AB-5 law roughly two years ago, saying that the AB-5 law, when placed on the trucking […]

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Montana_Declares_State_of_Emergency_Due_to_Flooding

Montana Declares State of Emergency Due to Flooding

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Rev up those engines, truckers! Montana needs our help in providing relief from flooding.DetailsOn June 10th, the National Weather Services announced a Flood Watch for Montana. The National Weather Services was right to issue that statement, as some counties in the Treasure State experienced four inches of rain in that single day. Acting Governor Kristen […]

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Biden_Calls_on_Congress_to_Suspend_Fuel_Tax

Biden Calls on Congress to Suspend Fuel Tax

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As the national average for diesel fuel exceeds five dollars per gallon, President Joseph Robinette Biden Junior is calling on Congress to suspend the fuel tax for three months to help alleviate fuel prices. Details The federal fuel tax on diesel is about 24.4 cents per gallon. The money is used for the Highway Trust […]

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Robin_Hutcheson_Has_Confirmation_Hearing

Robin Hutcheson Has Confirmation Hearing

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Robin Hutcheson, the next person in line to become the Administrator of the Federal Motor Carrier Safety Administration, has had her confirmation hearing before the U.S. Senate. Here are the events that transpired.DetailsThere were a multitude of topics discussed during the confirmation hearing, but perhaps none as important as the purported “driver shortage” and the […]

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Flatbed_reigns_Supreme_for_May_2022

Flatbed Reigns Supreme for May 2022

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DAT Freight and Analytics continues to report unprecedented times: flatbed hauling is the king of the road. With May 2022, the throne has only become higher. May 2022 Numbers Dry van hauling was $2.71, an eight cent decrease from April 2022. Flatbed increased by three cents going from $3.42 to $3.45. Reefer transportation decreased eight […]

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Trucking_Jobs_Leap_in_May_2022

Trucking Jobs Leap in May 2022

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The trucking industry continues its winning streak, with another month of all-time high employment. The Bureau of Labor Statistics (BLS) has the numbers.May 2022 NumbersThe initial posting for May 2022 is 1,581,300.The revised count for April 2022 is 1,568,000. This is an increase of 3,900 jobs.March 2022’s final number is 1,554,000. From the last estimate, […]

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Ocean_Shipping_Reform_Act_of_2022_Passes_Congress

Ocean Shipping Reform Act of 2022 Passes Congress

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In a move that Chris Spear of the American Trucking Associations (ATA) has called “a long time coming”, the House of Representatives has passed the Ocean Shipping Reform Act of 2022. Now, it heads to Joe Biden’s desk for signature.Bill DetailsThe Ocean Shipping Reform Act of 2022 hopes to stop what Chris Spear of the […]

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Truck_orders_Decrease_without_Worry_in_May_2022

Truck Orders Decrease without Worry in May 2022

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Class 8 sales have decreased slightly in May 2022, according to Freight Transportation Research (FTR), but FTR’s vice president of commercial vehicles Don Ake says he is not concerned about the slight lull in sales. Here are the numbers, and the reasoning.May 2022 Numbers and DetailsFTR pins the number of big rig sales in May […]

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FMCSA_Updates_Driver_Qualification_Rules

FMCSA Updates Driver Qualification File Rules

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In recent times the Federal Motor Carrier Safety Administration (FMCSA) has made changes to commercial driver qualification filing rules. While each individual change did not justify an article on its own, combined they add up into something larger. Here are the changes that have been made in 2022 thus far.Road Test Certificate InformationAs of March […]

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CARB_Regulation_Goes_to_Court

CARB Regulation Goes to Court

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The Truck and Engine Manufacturers Association (EMA) is suing the California Air Resources Board (CARB) regarding a regulation that is due to go into effect in January 2024.DetailsOn December 22nd, 2021, CARB established the Heavy-Duty Engine and Vehicle Omnibus Regulation, which places higher emission status on heavy-duty trucks sold in California. It was set to […]

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Will_the_Supreme_Court_Hear_the_AB5_Case

Will the Supreme Court Hear the AB-5 Case?

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It has been over a year since the Ninth Circuit has ruled in favor of California’s AB-5 law. The California Trucking Association had appealed to the United Supreme Court, and the injunction has stayed in place ever since. Could the Supreme Court hold a hearing regarding the case before its current Term ends?DetailsThere are four […]

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FMCSA_Extends_COVID19_Waiver_Another_3_Months

FMCSA Extends COVID-19 Waiver Another Three Months

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When the Federal Motor Carrier Safety Administration (FMCSA) announced changes to the COVID-19 State of Emergency within less than a month of its expiration, it raised the notion that it would be extended again. Now, we know for sure that it has.DetailsThis extension is brought to you by Robin Hutcheson, current Deputy Administrator of the […]

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Trailer_Sales_Show_Growing_Pains_for_April_2022

Trailer Sales Show Growing Pains for April 2022

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2022 has been an interesting time for trucking industry assets, as high demand but low supply has everyone scrambling to get their hands on what they can get. ACT Research has the sales numbers for April 2022 net trailer orders.April 2022 NumbersACT Research estimates the sales of trailer orders to be 19,614. While this is […]

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Truck_Sales_Have_Small_Dip_for_April_2022

Truck Sales Have Small Dip for April 2022

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Trucking orders lulled for the month, as manufacturers continue to keep a tight backlog and prevent new orders from being added due to demand outpacing supply. ACT Research and FTR have the numbers!April 2022 NumbersACT Research pegs the sales at 15,800; FTR, 15,400. The two organizations, as usual, are very close with their approximations.These sales […]

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Trucking_Auction_Market_Stabilizes_in_April_2022

Trucking Auction Market Stabilizes in April 2022

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April was a great month for those in the market to buy a used big rig to increase their fleet, as, for the most part, the auction market eased up during that month. J.D. Valuation Services has the numbers.April 2022 Auction AveragesModel year 2020: $153,580; a $5,920 (3.7%) decrease from March.2019: $112,785; $4,962 (4.2%) decrease.2018: […]

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North_Dakota_Issues_State_of_Emergency_for_Cold_Snap

North Dakota Issues State of Emergency for Cold Snap

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North Dakota is having issues with extremely cold weather within its borders. As a result, Governor Doug Burgum has declared a State of Emergency to help save North Dakota’s agricultural industry.DetailsThe Declaration is not unlike a similar one performed by Florida three months ago to save its agricultural commodities, except whereas Florida grows citrus fruits, […]

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FMCSA_Amends_Coronavirus_Emergency_Declaration

FMCSA Amends Coronavirus Emergency Declaration

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The Federal Motor Carrier Safety Administration (FMCSA) has extended the COVID-19 State of Emergency exemptions numerous times, but this specific instance of touching it is a unique one. While the Declaration is being modified to include new items to be hauled under it, it is not being extended, for the time being.DetailsOn May 13th, Robin […]

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FMCSA Puts Speed Limiters Back on the Table

FMCSA Puts Speed Limiters Back on the Table

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Speed limiters are a touchy subject amongst drivers within the United States, but that is not going to stop federal regulators from making them required.The Federal Motor Carrier Safety Administration (FMCSA) has recently announced that it plans to publish a supplemental notice to a 2016 proposed rule requiring speed limiters on heavy-duty trucks.DetailsThe idea of […]

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Trucking Jobs Jump for April 2022

Trucking Jobs Jump for April 2022

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Another month, another round of statistics from the Bureau of Labor Statistics (BLS). Unfortunately, with all the news going on in the trucking industry, we accidentally skipped March 2022’s job count update. This article will cover both months.March 2022 NumbersHere is a brief summary of what happened in March’s update:March 2022 data says 1,550,800 jobs.Comparing […]

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NTEA_Commercial_Vehicle_Upfitting_Summit_Starts_September_13th

NTEA Commercial Vehicle Upfitting Summit Starts September 13th

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The National Truck Equipment Association (NTEA) is changing gears, pun intended. They are changing the name of their annual convention from the Truck Product Conference to the Commercial Vehicle Upfitting Summit, and it will be taking place September 13-14th, 2022 in Sandusky, Ohio.DetailsIn a time where global supply shortages are requiring fleets to get every […]

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Norfolk_Southerns_Unique_Way_to_Increase_Efficiency

Norfolk Southern’s Unique Way to Increase Efficiency

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It should be no surprise to anyone that COVID-19 and the resulting uptick in pent-up demand, combined with the demand for better working conditions since the work from home movement began, has caused a global supply chain shortage. One such example of blockage is at intermodal points between boat, railroad, and truck. Norfolk Southern, a […]

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Pennsylvania_Introduces_Truck_Driver_Restroom_Access_Act

Pennsylvania Introduces Truck Driver Restroom Access Act

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Everyone’s favorite part of being a truck driver, and the main reason for getting into the business in the first place, is waiting for pickup and dropoff. Oftentimes, these wait times are unpaid, but the state of Pennsylvania is working to make these arduous hours a little more manageable by requiring restroom access. Say hello […]

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Auction_Rates_Mostly_Rise_for_March_2022

Auction Rates Mostly Drop for March 2022

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Auction rates in the current global supply shortage are always interesting to check. With new trucks having a hard time staying on the lot, the industry turns to used vehicles to fulfill asset needs. J.D. Valuation Services has the numbers.March 2022 NumbersFor all years except the most recent listed, 2020, prices decreased.Model Year 2021: No […]

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Trailer_Sales_Break_Record_in_March_2022

Trailer Sales Break Record in March 2022

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If you have been following trucking industry news for the past year, you might be familiar with the term “global supply chain shortage.” Simply put, it has been plastered on articles across the internet, including our own. However, March 2022’s trailer sales have bucked this trend. FTR and ACT Research have the numbers.March 2022 NumbersACT […]

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Truck_Orders_Follow_Pattern_in_March_2022

Truck Orders Follow Pattern in March 2022

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ACT Research and FTR will often vary their estimates for truck sales by a difference of a few hundred each month, with the correct answer presumably somewhere in the middle. With recent events in the trucking industry, their jobs have become significantly easier. This is evident by the numbers the two organizations have found for […]

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Texas_Delegates_Increased_Border_Security_to_Mexico

Texas Delegates Increased Border Security to Mexico

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Approximately a week after Governor Greg Abbott initiated increased scrutiny inspections at the border between Texas and Mexico, he has reneged the order at the border. The inspections will still take place, just with a more efficient method than using state troopers placed at the border and forming a queue.DetailsGovernor Greg Abbott first lifted the […]

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Biden_Nominates_Hutcheson_for_FMCSA_Administrator

Biden Nominates Hutcheson for FMCSA Administrator

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With Meera Joshi departing to work back in New York City, the Federal Motor Carrier Safety Administration (FMCSA) is once again in need of someone to lead it. Secretary of Transportation Pete Buttgieg had suggested one of his closest assistants, Robin Hutcheson, for the job. Now, Biden has officially nominated her for the position.DetailsBefore working […]

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Increased_Security_at_Border_Causes_Truck_Traffic

Increased Security at Border Causes Truck Traffic

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It seems the global supply chain is always in the news these days. Whether it is a backlog of cargo carriers at the Los Angeles/Long Beach ports, vaccination requirements at the US-Canadian border, or the latest development happening at the border of Texas and Mexico. Governor Greg Abbott has recently announced efforts to increase inspection […]

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House_of_Representatives_Introduces_SSCTTDI_Act

House of Representatives Introduces SSCTTDI Act

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How is that for a name?It is no surprise to anyone that supply chain problems are causing shortages in the economy. The House of Representatives is hoping to help remedy this through the power of tax incentives, namely the Strengthening Supply Chains Through Truck Driver Incentives (SSCTTDI) Act.DetailsWere SSCTTDI to be signed into law, it […]

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California_Air_Resources_Board_to_Prohibit_Pre2010_Engines_in_2023

California Air Resources Board to Prohibit Pre-2010 Engines in 2023

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We have written at great length about how a better method to resolve air pollution would be to enact regulations that peter out older engines rather than forcing new engines to continuously provide breakthroughs in efficiency, and it seems that California may be doing just that. Details The California Air Resources Board (CARB) enacted a […]

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Freight_Rates_Move_Unexpectedly_in_March_2022

Freight Rates Move Unexpectedly in March 2022

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It is safe to say we live in unprecedented times. Coronavirus, supply chain shortages, the war over in the Ukraine, and oil shortages. With all of the inane things we have experienced since the start of the decade, hopefully the changes in freight rates will seem less crazy in comparison.March 2022 NumbersAccording to DAT:Dry van […]

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Biden_Announces_Sale_of_Strategic_Petroleum_Reserve

Biden Announces Sale of Strategic Petroleum Reserve Oil

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It should be no surprise to anyone at this point that gas and diesel prices are at historic highs, due in part to the Ukraine-Russian conflict and the resulting oil embargo. With people across the country struggling to pay the new prices, the Biden Administration has announced that it will be adding its own supply […]

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DOT_Raises_Fines_for_Regulation_Violations

DOT Raises Fines for Regulation Violations

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A little inflation of around 2% is a good thing; such inflation encourages people to actually use their money rather than hide it under a mattress. Inflation rates above 9 percent, however, are a little more worrisome. The DOT’s recent final rule is a strong example of why.DetailsThe Federal Civil Penalties Inflation Adjustment Act Improvements […]

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Different makes and models industrial grade professional big rigs semi trucks standing in row on the truck stop parking lot.

Truck Sales Follow Production Levels for February 2022

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At this point it is the same old story: global supply chain shortages leading to trucks being produced at a rate that does not match demand. FTR and ACT Research have the numbers.February 2022 NumbersFTR pins the sales at 21,100; ACT Research, 21,000. This is perhaps the closest the two research organizations have been in […]

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Texas_Judge_Reinstates_TrumpEra_Independent_Contractor_Status

Texas Judge Reinstates Trump-Era Independent Contractor Status

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The California AB-5 saga has not come to a close yet, as what the Supreme Court will do with it remains a mystery, but other challenges to the independent contractor/employee dynamic are still in motion. One such case is the Department of Labor redefining the term “independent contractor” shortly after the Biden Administration came into […]

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Trucking_Industry_Gains_Auxiliary_Jobsin_February_2022

Trucking Industry Gains Auxiliary Jobs in February 2022

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When we report the Bureau of Labor Statistics’ (BLS) job numbers, we usually do the sum of all jobs in the trucking industry. February was an interesting month that takes a lot more nuance, so prepare for an explanation of what the BLS has to report.February 2022 NumbersComparing apples to apples, the employment counts posted […]

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Average_Auction_Rates_Went_Everywhere_in_February_2022

Average Auction Rates Went Everywhere in February 2022

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Which is a less stable used truck market, one where all of the model years travel in the same direction of double-digit percentage increases, or one where all of them travel in unpredictable directions independent of one another? We ask because that is what J.D. Valuation Services found in used truck auction rates at the […]

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EPA_Considers_New_Emission_Standards_for_Big_Rigs

EPA Considers New Emission Standards for Big Rigs

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On March 7th the Environmental Protection Agency (EPA) unveiled its latest proposal for heavy-duty truck and engine standards to reduce emissions. Details The proposal is the first step in the EPA’s “Clean Trucks Plan.” While the proposed standards are still subject to public scrutiny before becoming official regulation, we can use them to see the […]

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FMCSA_Extends_COVID19_Declaration_to_June_1st

FMCSA Extends COVID-19 Declaration to June 1st

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At this point, it is a little difficult to keep track of how many times this emergency waiver has been extended. As the country almost enters its third year of two weeks to flatten the curve, the Federal Motor Safety Carrier Administration is not backing down from fighting the virus, directly and indirectly.DetailsThe new extension […]

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Freight_Rates_Go_Every_Which_Way_for_February_2022

Freight Rates Go Every Which Way for February 2022

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With another month behind us in this global supply chain shortage, it is time to see where freight prices per mile line up. DAT Freight & Analytics has the numbers!February 2022 RatesThe average national rates for each form of hauling was as follows:Dry van was $3.10 per mile, the same as it was in January.Flatbed […]

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International_Roadcheck_2022_Starts_May_17th

International Roadcheck 2022 Starts May 17th

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The Commercial Vehicle Safety Alliance’s International Roadcheck is set to happen again this year. It is a 72-hour marathon of inspections for commercial trucks and trailers in Canada, the United States, and Mexico. Here is what this year will entail.DetailsThe theme for this year’s International Roadcheck is wheel ends. While this includes brakes, which were […]

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Truck_Sales_Stagnate_in_January_2022

Truck Sales Stagnate in January 2022

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What had happened to the trailer market in January 2022 also happened to the new Class 8 market. With no new trucks in reserves, they are rolling off the production lot and going straight to work. FTR’s and ACT Research’s numbers are below. January 2022 Numbers The twin research organizations are very close in their […]

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Florida_Issues_State_of_Emergency_in_Regards_to_Cold_Snap

Florida Issues State of Emergency in Regards to Cold Snap

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From January 28th to the 30th, Florida experienced exceptionally cold temperatures across the state. This has compelled Florida Governor Ron DeSantis to declare a State of Emergency. Unlike the cold snaps in Texas for the past two years, the objective with this waiver is to not save lives, but to save the agricultural industry and […]

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Trailer_Sales_Match_Previous_Month_for_January_2021

Trailer Sales Match Previous Month for January 2022

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It is no secret that trucking companies are snapping up trailers as fast as they can be created. As such, an anomaly in the industry has happened where sales have reached an equilibrium point. FTR has the numbers.January 2022 Sales NumbersFreight Transportation Research has the estimated number of trailer sales for January pinned at around […]

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Auction_Prices_End_Year_on_Mixed_Note_for_December_2021

Auction Prices End Year on Mixed Note for December 2021

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J.D. Valuation Services has released the average auction prices for December 2021. The numbers, while on average lower than the month prior, show just how far trucking has come in the last twelve months.The NumbersWhen December comes around, most fleets that want trucks to make holiday deliveries have already obtained them (if they can), so […]

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Canadian_Government_Uses_Emergency_Powers_on_Truck_Blockade

Canadian Government Uses Emergency Powers on Truck Blockade

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The latest chapter in the Freedom Convoy/Blockade saga has made an interesting turn.On February 14th, Justin Trudeau announced that he was invoking the Emergencies Act of 1988, the first time it will be invoked since first it became law. This has lasting ramifications for truckers.Emergencies ActEstablished almost 25 years ago, Canada’s Emergencies Act gives the […]

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Freight_Rates_Continued_to_Break_Records_in_January_2022

Freight Rates Continued to Break Records in January 2022

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The coronavirus pandemic keeps on giving. What once was a source of anguish for truckers with massive layoffs across the industry is now causing demand for logistical services to exceed supply, and the rate per mile for all three forms of primary freight have risen yet again, exceeding last month’s new record. DAT Freight & […]

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American_Freedom_Convoy_May_Be_Coming

American Freedom Convoy May Be Coming

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NoticeThis article was initially written before the Superbowl. Talks are now of the convoy starting March 4th.With all of the buzz surrounding the Freedom Convoy and Blockade in Canada, there is word going around of American truck drivers following in their tracks. Could a Freedom Convoy from Los Angeles to Washington, D.C. help lift restrictions […]

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Trucking_Employment_Hits_AllTime_High_in_January_2022

Trucking Employment Hits All-Time High in January 2022

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We wrote last month about how we were cautiously optimistic about the trucking industry getting more workers than it did before the start of the coronavirus pandemic. The Bureau of Labor Statistics has updated its numbers, and it says that not only are we above pre-pandemic numbers, but trucking is also at the highest employment […]

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Freedom_Convoy_Turns_Into_Border_Blockade

Freedom Convoy Turns Into Border Blockade

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We last wrote about the Canada vaccinations with news of the Freedom Convoy, but it appears that that is now over. The protestors have taken a different direction with their protesting now that they have finished traveling from Vancouver to Ottawa, and are protesting in the Canadian way: through passive resistance. Details You might remember […]

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Canadian Truckers Rally “Freedom Convoy” Against Mandated Vaccinations

Canadian Truckers Rally “Freedom Convoy” Against Mandated Vaccinations

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Starting on Sunday the 23rd and will probably be over by the time you read this, truck drivers in Canada protested vaccine mandates (including one involving crossing the United States border) by having a convoy travel from Vancouver to Ottawa, the capitol. It is over 40 miles long. Details We have talked about our northern […]

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ATA_Reports_Trucker_Shortage_80000_Strong

Used Truck Auction Prices Skyrocketed in November 2021

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We at TopMark Funding try to use the word “skyrocket” sparingly, only for the craziest of circumstances in the trucking industry. We believe J.D. Valuation Services’ numbers for used Class 8 truck auction rates is a perfect example of when to use the word, and when you see the numbers we think you will agree.The […]

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Trailer Sales Decrease Slightly for December 2021

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Comparable to Class 8 truck sales, trailer sales for the entirety of 2021 were larger than they were in 2019. Unlike the other half of the tractor-trailer combo, the numbers for 2021 were lower than 2020. FTR has the numbers.December 2021 NumbersFreight Transportation Research estimates the order numbers for trailers to be 26,500 in December […]

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Canada to Reject Unvaccinated Truckers

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The United States Supreme Court may have recently declared the vaccine mandate to be an overstep by OSHA, but when it comes to international affairs, things get a little bit more complicated and the battle over vaccine mandates continues. Truckers traveling to the Great White North will need to provide proof of vaccination in order […]

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Trucking Employment Experiences Incremental Growth in December 2021

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Here we are at the end of another year. When looking at the entire year as a whole, the trucking industry has made great strides in recovering from the mass layoffs from the start of the coronavirus pandemic. When looking just at December, however, the numbers are slightly lackluster. Here is what the Bureau of […]

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TopMark Funding’s Year in Review 2021

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2021 has been a slightly hectic year. How has yours been? Our predictions mostly came true, most notably the Tesla Semi being delayed another year. The trucking industry has been through a lot this past year; here is a recap. Unlike our last Year in Review where we talked about the biggest articles of the […]

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Sixth Circuit Reinstates Vaccine Mandate

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Just when we think we are in the clear, they pull us back in.The Six Circuit Court of Appeals has ruled that the coronavirus vaccine mandate from OSHA is constitutional, contradicting and removing the stay from the Fifth Circuit Court of Appeals.DetailsYou may be inclined to believe that the higher numbered court has higher power […]

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Top Economist Believes Trucking Industry Will Surge

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Donald Broughton, principal and managing partner of Broughton Capital, most notable for predicting in 2007 that an economic recession was just around the corner, has said at the Commercial Carrier Journal’s Solutions Summit in Arizona that the supply shortages holding back the trucking industry are the only thing between it and an economic boom.A Broughton […]

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Vaccine Mandates Threaten US-Canada Commerce

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It is the same song and dance we have been hearing about for roughly the past year, since vaccines were first available. However, with it potentially impacting the United States shipping relations to Canada, vaccine mandates may once again throw a wrench into the supply chain. Details Beginning in early January 2022, the United States […]

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Used Truck Auction Prices Continue Climb in October 2021

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J.D. Valuation Services has listed its numbers for used Class 8 auctions in October. The numbers will not be surprising to anyone who has been paying attention to the trucking industry this past year, as a reduced supply and increased demand mean higher prices. Unlike the month prior, where some model years appreciated and others […]

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FMCSA Grants Exemption to Canadian Drivers Due to Flooding

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It is no surprise that due to the adjacent proximity of Canada to the United States that it is one of our greatest partners in commerce. So much so that the Federal Motor Carrier Safety Administration (FMCSA) wants to give assistance to drivers in the Great White North in a time of unprecedented rainfall.DetailsThe entire […]

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Truck Sales in November 2021 Show Supply Chain Strain

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It appears the supply chain shortages of everything from rubber to aluminum is starting to take its toll on the trucking industry, as the number of new Class 8 truck orders for November 2021 were, for lack of a better word, weak.November 2021 NumbersACT Research pins the number at 9,800 units, while FTR is a […]

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Trucking Jobs Jump Again in November 2021

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The Bureau of Labor Statistics (BLS) has updated its webpage listing the employment numbers for NAICS 484, the trucking industry. Here are the numbers for the past three months.November 2021 NumbersThe numbers posted for November 2021 are:1,521,300 for the initial preliminary count of November 2021.1,515,700 for the revised preliminary employment count of October 2021, a […]

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Freight Rate Average Hits All-Time High in November 2021

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Supply shortages, coronavirus, and the holiday season combine to bring us the highest freight rates per mile ever recorded by the DAT. Details Dry van shipping increased seven cents, to $2.93. Flatbed logistics actually decreased a bit, going from $3.07 to $3.03. Reefer hauling skyrocketed, rising 17 cents to $3.44. The average increased six cents […]

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OOIDA Writes to Buttigieg About Truck Parking

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The Infrastructure Investment and Jobs Act may not have had money earmarked for truck parking, but the battle to increase commercial truck parking spots is not over just yet.Todd Spencer, president and CEO of OOIDA, has written a letter to Pete Buttigieg, Secretary of the Department of Transportation, to ask for more parking spots.Much Ado […]

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FMCSA Extends COVID-19 Declaration Another Three Months

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We wrote at the start of September that it was anyone’s guess as to if the Federal Motor Carrier Safety Administration (FMCSA) would extend the hours-of-service suspension for hauling in regards to the COVID-19 pandemic. We now have our answer: yes, it is being extended.DetailsThe extension was announced on November 29th, just a few days […]

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Class_8_Orders_Recede_for_October_2021

Class 8 Orders Recede for October 2021

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This information has been out for a while now, but between port backlogs, infrastructure bills, and vaccine mandate news, it has been on the backburner. Backburner may be an appropriate description for the current state of the Class 8 market as well, as supply chain constraints are causing order numbers to fall and preorders to […]

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Rear Guardrails Added to Annual Inspection

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The news in the trucking industry has been so hectic this November, we simply could not keep ahead of it.Recently, rear impact trailer guardrails have been added as a requirement for annual FMCSA inspections.DetailsThe change is to the Federal Motor Carrier Safety Administration’s 396 section, which deals with all things inspection and maintenance. Failure to […]

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Trucking Continues Job Recovery in October 2021

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Slowly but surely, the trucking industry is showing signs of recovering from the economic fallout of the coronavirus pandemic, as the Bureau of Labor Statistics (BLS) has posted its monthly update for employment count in the trucking industry.October 2021 NumbersThe numbers posted for October 2021 are as follows:The initial preliminary count for October 2021 is […]

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Fifth Circuit Stops Vaccine Mandate, for Now

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The news is updating faster than we can keep up!Not but a few days after the Occupational Safety and Health Administration (OSHA) posted its vaccine mandate is it halted by the Fifth Circuit Court of Appeals, at least for the time being.DetailsOpposition of the vaccine mandate comes from various organizations and groups, including seven states:UtahLouisianaKansasTexasSouth […]

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OSHA Posts Vaccine Mandate, Trucking Not Exempt

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The Department of Labor’s Occupational Safety and Health Administration (OSHA) announced on November 4th an emergency temporary standard (ETS) regarding the COVID-19 pandemic. Truckers are not going to be pleased.DetailsThere are five major points to the ETS.The following rules apply to businesses that are not exempt and have 100 or more employees.Employees of these companies […]

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Pete_Buttigieg_Breaks_Silence_on_Port_Backlog

Pete Buttigieg Breaks Silence on Port Backlog

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Pete Buttigieg, Secretary of Transportation, has spoken with Chris Wallace on Halloween, in what is most likely his first public appearance since he had taken paternity leave. He spoke with Chris about climate change, inflation, electric vehicles, and tax credits, but what everyone is interested in hearing about is the greatest logistics disaster since the […]

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ATA_Reports_Trucker_Shortage_80000_Strong

ATA Reports Trucker Shortage 80,000 Strong

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The American Trucking Association (ATA) released a report on October 25th, 2021 detailing the current situation of the so-called “trucker shortage”. This number is based on the difference in total employment and the number that would be needed to meet freight demand, including a certain backlog at twin Californian ports that has been making the […]

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California Governor Addresses Port Buildup Via Executive Order

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Joe Biden may have announced an increase in port operations, but ships are arriving faster than they are leaving, at a slow but ever evident rate. With California being the state with the highest gross domestic product in the nation, its governor Gavin Newsom wants to further accelerate the emptying of ships, and to that […]

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Job_Numbers_Have_Modest_Jump_for_September_2021

Jobs Numbers Have Modest Jump for September 2021

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The Bureau of Labor Statistics (BLS) has posted the employment count for the Truck Transportation subsector in regards to September 2021. Here are the results.NumbersThe initial preliminary count for September 2021 is 1,502,900 jobs.Revised August numbers are 1,500,400. This is an increase of 1,900 from the first estimate.Final July employment is at 1,494,400. This is […]

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Biden Announces Increase in Port Operations

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On October 13th, Joseph Robinette Biden Jr. announced that the Port of Los Angeles will commence 24/7 operations for the foreseeable future.DetailsThe news comes after the Port of Long Beach announced that they would be incurring 24/7 operations to help clear the backlog of ships and containers. The two ports, brothers to one another, handle […]

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New FMCSA Clearinghouse Requirement Starts November 8th

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Come November 8th, getting a Commercial Driver’s License (CDL) will be ever so slightly cumbersome.The Federal Motor Carrier Safety Administration (FMCSA) will require state driver’s licensing agencies to check the Drug and Alcohol Clearinghouse before issuing, renewing, or upgrading a trucker’s CDL.The ProcessFew would argue against keeping drunk or otherwise intoxicated drivers off the road. […]

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Rate_Average_Hits_Record_High_in_September_2021

Rate Average Hits Record High in September 2021

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Maybe it is inflation. Perhaps it is the increased demand for goods delivered by trucks as brought upon by the COVID-19 pandemic. Maybe it is the dearth of truckers available to work. Whatever the case, the rate per mile on trucking continues to rise. DAT has the numbers.September 2021 NumbersDry van increased eight cents per […]

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Class_8_Truck_Sales_Streak_Ends_in_September_2021

Class 8 Truck Sales Streak Ends in September 2021

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Trailer sales ended their streak of consistently outperforming the same time last year in June. Growth is never infinite, and as such the truck sales streak, three months later, has finally ended. September 2021 Numbers ACT Research pegs the number of Class 8 truck sales at 27,400. FTR pins the sales number at 28,400. This […]

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J.D. Power Average Auction Rates, January 2021 to August 2021

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Since around June 2020, the trucking industry has been on fire. Since around the start of 2021, truck prices have been rising to reflect just that. As component shortages and intense demand ravage the new truck market, the used truck market is also starting to feel the strain as fleets gobble up whatever vehicles they […]

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2021_Advanced_Clean_Transportation_Expo_Vehicles

2021 Advanced Clean Transportation Expo Vehicles

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The Advanced Clean Transportation (ACT) Expo happened near the start of September. Normally we write about the trucking industry, but we provide business financing for all types of equipment, equipment that the ACT Expo had in spades that makes us excited for the future. From conventional day cabs to commercial cargo bikes, here is the […]

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Biden_Administration_Considers_Defense_Production_Act

Biden Administration Considers Defense Production Act

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If you have been in the trucking industry for as long as we have, you are aware that prices on trucks, new and used, are going through the roof. Skyrocketing prices are attributed to global shortages of various components such as rubber and aluminum, but most notably the semiconductor (chip) shortage. In the 21st century, […]

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House_Omits_Truck_Parking_from_Budget

House Omits Truck Parking from Budget

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The House of Representatives appears to be much less interested in spending money than the Senate. While the Senate passed a bill authorizing $1 trillion in spending for infrastructure, the House Committee on Transportation and Infrastructure put forth its portion of the 2022 Budget Reconciliation Bill. It has $60 billion set for infrastructure and carbon […]

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Will_a_Vaccine_Mandate_Upend_the_Trucking_Industry

Will a Vaccine Mandate Upend the Trucking Industry?

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The trucking industry is none too happy about Biden’s proposed vaccine mandate for private companies with more than 100 employees. This mandate would require all employees for a trucking company, from the drivers to any mechanics or recruiters, to either be fully vaccinated or take a weekly, uncomfortable test to confirm negative results. Lawsuits are […]

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Trucking Industry Shows Disdain to Biden Vaccine Requirement

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Joseph R. Biden announced on Thursday that the United States was going to take stronger steps towards combating the coronavirus by making the vaccine a requirement. The announcement has not been popular. Details The Department of Labor declared new regulations to be added soon, requiring all employers with 100 or more workers to either vaccinate […]

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2022 Reservations Mean Truck Sales for August 2021

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With Original Equipment Manufacturers now allowing orders for deliveries set in 2022, the floodgates have opened. August 2021 was one of the best months of the year for Class 8 truck orders.DetailsFTR has the net number estimated at 39,400. ACT estimates orders at 36,900. Whatever the actual number is, both research companies are confident that […]

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Trucking_Jobs_Leap_for_August_2021

Trucking Jobs Leap for August 2021

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The Bureau of Labor Statistics (BLS) is often updating its preliminary numbers before it releases its final answer. We have compiled the changes so that you do not have to. Simply put, things are looking positive for the trucking industry.August 2021 NumbersThe numbers for August are as follows:August 2021: 1,498,500 (preliminary).July 2021: 1,493,100 (preliminary, 1,300 […]

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More States Claim Hurricane Ida Emergency

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The interesting thing about news in contrast with government is that news moves fast while government moves slowly. In the past few days, more states have entered the fold of declaring a state of emergency due to Hurricane Ida, bringing the total number to seven. Details The first declarations were covered previously, so we will […]

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NTEA Cancels Conference, but not for the Reason You Expect

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Things might finally be returning to normal, as an event in the trucking industry was canceled for a reason other than COVID-19. NTEA The National Trucking Equipment Association (NTEA) has decided to cancel its 2021 Truck Product Conference. Usually at these events, industry leaders show off technological upgrades such as making the truck chassis slightly […]

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New York Declares Emergency for Tropical Storm Henri

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Governor Andrew Cuomo may be on his way out the door due to resigning amidst sexual harassment allegations, but that is not stopping Mother Nature from threatening havoc. By the time you read this, Tropical Storm Henri should have hit the New York shore. Experts have Henri pinned at a tropical storm of wind speeds […]

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FTR_Cancels_September_Conference_Amidst_Coronavirus_Concerns

FTR Cancels September Conference Amidst Coronavirus Concerns

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In what we hope is the last time an event is canceled due to COVID-19, Freight Transportation Research (FTR) has announced that it has canceled its 2021 FTR Transportation Conference in hopes of reducing transmission of coronavirus.DetailsFTR is most notable for its monthly approximations of truck and trailer sales for each month, but they perform […]

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Biden Signs Executive Order on Truck Emissions

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On August 5th, Joseph Robinette Biden Junior signed “Executive Order on Strengthening American Leadership in Clean Cars and Trucks.“ It instructs various entities within the executive branch such as the Department of Transportation and Environmental Protection Agency to work towards better emission standards on all vehicles, especially heavy-duty trucks and their engines.The Executive Order has […]

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Trucking_Jobs_Rise_for_July_2021

Trucking Jobs Rise for July 2021

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The Bureau of Labor Statistics (BLS) has updated the numbers for the trucking industry yet again. The numbers, while mostly preliminary, are looking good.The NumbersEvery month, the BLS updates the data for the last three months. They make a new preliminary estimate, revise an older preliminary, and solidify the final number for three months back.With […]

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CVSA_International_Roadcheck_2021_Statistics

CVSA International Roadcheck 2021 Statistics

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The Commercial Vehicle Safety Alliance’s (CVSA) International Roadcheck for 2021 was May 4-6th (though we erroneously reported it as 5-7th earlier this year). Now, they have released the statistics to the public. How does it compare to the International Roadcheck nine months prior? CVSA International Roadcheck Statistics There is a lot of data published. Below […]

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I-40 Bridge Reopened for Public Use

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The I-40 Hernando de Soto Bridge, closed in May and diverted in June, is set to be reopened for travel across and under it by the time you can read this article.DetailsThe Hernando de Soto Bridge, connecting Memphis, Tennessee and Arkansas, closed down in mid-May when inspectors from the Arkansas Department of Transportation (ARDOT) found […]

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Joe Biden Speaks at Mack Trucks Plant

Joe Biden Speaks at Mack Trucks Plant

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On Wednesday, July 28th, Joe Biden flew into Pennsylvania to check out the Mack Trucks Plant in Lehigh Valley. While there he gave an approximately 30-minute speech. Things he discussed included: Creating 600,000 jobs per month since he was in office. The importance of the COVID-19 vaccine. The importance of the United States government buying […]

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Minneapolis’ Unique Solution to the Parking Crisis

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58% of truck drivers are willing to admit to performing unauthorized parking at least three times per week. Minneapolis’ city council has devised a law that will probably make the citizens and tourists of Minneapolis very happy, but will make truck drivers furious.The LawOn Friday, July 23rd, the city council voted 12-1 for a truck […]

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Senate Bill Introduced to Repeal Federal Excise Tax

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Some causes are worth continuously fighting for. On the 22nd of July, Senator Todd Young (R-IN) introduced bill S.2435 co-sponsored by Senator Ben Cardin (D-MD) to repeal the Federal Excise Tax (FET) on new heavy-duty truck purchases. This is not the first time that the FET has been under scrutiny, but with senators behind it, […]

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Hyzon_Motors_Goes_Public_Stock_for_Sale

Hyzon Motors Goes Public; Stock for Sale

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Hyzon Motors joins other trucking technology companies such as Nikola Motor Company, Hyliion, and TuSimple by allowing the common man to buy ownership in the company. Here is a summary of the venture and how it became public.DetailsHyzon (a portmanteau of “hydrogen” and “horizon”) Motors started as a part of Horizon Fuel Cells back in […]

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Regulation Leaders Meet to Discuss Trucking Employment

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On Thursday July 8th, Transportation Secretary Pete Buttigieg, Labor Secretary Marty Walsh, and Deputy Administrator Meera Joshi of the Federal Motor Carrier Safety Administration (FMCSA) hosted a roundtable to discuss trucking employment. Trucking Employment: Retention Versus Recruitment The “shortage” (the economic law of supply and demand impacting market rates and therefore carriers paying a premium […]

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Hours-of-Service Suspended for Hurricane Elsa

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It should be no surprise to members in the trucking industry that whenever an “event” happens, regulators relieve some pressure to allow drivers to get their job done more quickly. In just the past eighteen months we have had hours-of-service exemptions for: Novel coronavirus-19 (COVID-19) nationwide. Wildfires along the western coast. Cold snap for states […]

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Preliminary_Job_Numbers_Skyrocket_in_June

Preliminary Job Numbers Skyrocket in June

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Here we are at the end of another month, and the Bureau of Labor Statistics (BLS) has updated its numbers for the trucking industry yet again. If the preliminary numbers are accurate, then the trucking industry continues to be on a roll.The NumbersThe numbers released in July are:June 2021: 1,486,500 (preliminary).May 2021: 1,480,100 (preliminary, 400 […]

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ARDOT_Mitigates_I40_Closure

ARDOT Mitigates I-40 Bridge Closure

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It has been about a month and a half since the Hernando de Soto Bridge closed connecting Arkansas and Tennessee over the Mississippi River. While repairs are still underway, the Arkansas Department of Transportation (ARDOT) is using some tricks of the trade to reduce the impact this closure has on the trucking industry.Traffic ControlHow much […]

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FMCSA_Extends_HoursofService_Exemption_to_August_31st

Hours-of-Service Exemption Extended to August 31st

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Another quarter, another announcement regarding the pandemic. The FMCSA has announced another extension to the hours-of-service (HOS) exemption for the hauling of goods related to the coronavirus state of emergency. Details The declaration can be read in its entirety via the FMCSA’s website. It follows the standard procedure for the exemption, with no modifications or […]

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The DOT Wants to Boost Equity

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On January 20th, 2021, Joe Biden signed an Executive Order. It is named, “Advancing Racial Equity and Support for Underserved Communities Through the Federal Government”, otherwise known as the Equity E.O. The order tells regulators of various departments to focus on boosting equity in the community. The Department of Transportation (DOT) wants your input on […]

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California Air Resources Board Says Biodiesel is King

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Correction: An earlier version of this article stated that biodiesel and renewable diesel created emissions at a rate 1/3rd of electricity. This is incorrect. The correct metric is that biodiesel and renewable diesel are responsible for 3x more metric ton credits from greenhouse gas reduction than electricity is, based on the Low Carbon Fuel Standard […]

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April_2021_Trailer_Sales_Shatter_Same_Time_Last_Year

April 2021: Trailer Sales Shatter Same Time Last Year

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ACT Research has published the results of trailer sales for April 2021, and the numbers when compared to the fourth month last year, when the coronavirus pandemic was in full force, can be succinctly described by this GIF:In short, the numbers are exploding!The NumbersLooking at the transition from March to April, you may be inclined […]

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DOT_Allows_Overweight_Hauling_of_Fuels

DOT Allows Overweight Hauling of Fuels

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One of the quickest ways to get a headache is to research the overlap between federal and state regulations and governments. We hope to save you a headache by explaining in layman’s terms to the best of our ability what the federal government’s second declaration (the first being the hours-of-service-suspension) means. Overweight Hauling on Interstate […]

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April 2021: Flatbed Rates Jump, Others Waver

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Historically, reefer trailer hauling has been the most revenue-generating form of freight, and it is not hard to see why. Running a reefer requires additional diesel to keep cargo at adequate temperatures, an expense that factors into the price per mile for the freight. We live in unusual times, however, and for at least a […]

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National Work Zone Awareness Week Is April 26th-30th

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The Federal Motor Carrier Safety Administration (FMCSA) is attempting to bring awareness to driving extra cautiously in work zones, especially in the time of the coronavirus pandemic where such injuries have been exacerbated.Cone ZoneAn average person may be inclined to believe that COVID-19 has reduced injuries on the road. The truth is that with fewer […]

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TuSimple_Goes_Public_Stock_for_Sale

TuSimple Goes Public, Stock for Sale

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We have written about TuSimple a few times before. Now they are increasing the stakes of their plans for autonomous trucking by having an Initial Public Offering (IPO) and allowing people to take ownership in the company. The Details TuSimple had its IPO on April 15th, of which it raised about $1 billion in additional […]

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March 2021: Trucking Industry Continues to Rock

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For a majority of the past year, we have been writing about how the pent up demand for trucking services due to the coronavirus pandemic has caused the trucking industry to rebound with terms such as “on fire” and “skyrocket on top of a skyrocket”. Frankly, we are running out of terms to describe how well the trucking industry is performing right now. Exploding? Volcanic?

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Joe_Bidens_Infrastructure_Plan_and_How_it_Impacts_Truckers

Joe Biden’s Infrastructure Plan and How it Impacts Truckers

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On March 31st, the office of Joe Biden released the details for the American Jobs Plan. The entire infrastructure plan press release clocks in at almost 12,000 words. Reading it is a time-consuming project, but if you want to, you can view it on the fact sheet webpage. For those who have better things to […]

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February_2021_Trailer_Sales_Far_Exceed_Same_Time_Last_Year

February 2021: Trailer Sales Far Exceed Same Time Last Year

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Listen to this article Similar to the trailer sales in January, February trailer purchases decreased when compared to the month prior, but are extraordinarily higher than they were at the same time last year. ACT Research has compiled and reported the numbers. Trailer Sales Numbers February 2021’s trailer sales totaled approximately 24,000 units. This is […]

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PRO_Act_2021

The PRO Act of 2021

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You might remember last year a bill called the Protecting Right to Organize (PRO) Act made it through the House of Representatives, but died either in the senate or on the president’s desk. It is making a comeback, and with Democrats in control of the house, senate, and presidency, it may just become law. History […]

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American_Society_of_Civil_Engineers_Says_Roads_Are_DGrade

American Society of Civil Engineers Says Roads Are D-Grade

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It only takes hitting one pothole on the road to understand that United States roads are an infrastructure investment that nearly everyone supports. But with such bipartisan approval, roads continue to remain in states of disrepair. The American Society of Civil Engineers (ASCE) grades different aspects of infrastructure in the United States, ranging from aviation […]

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ATRI Releases List of Worst Trucking Bottlenecks

ATRI Releases List of Worst Trucking Bottlenecks

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The American Transport Research Institute (ATRI), known for its annual trucking surveys, has released its list for the worst trucking bottlenecks in 2020. The Department of Transportation hopes to use the information to better allocate spending dollars to critically-needed infrastructure. Here are the details and results of the endeavor. Methodology ATRI collected and compiled GPS […]

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January_2021_Trailer_Sales_Follow_Truck_Sales_Footsteps

January 2021: Trailer Sales Follow Truck Sales’ Footsteps

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It is probably a surprise to nobody that truck sales for any given month has a similar pattern as trailer sales, namely that as truck sales increase, trailer sales tend to increase as well. Last month’s truck sales yielded positive or negative results depending on the angle it was approached; trailer sales did the same. […]

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Department_of_Labor_Changes_Direction_on_Sleeper_Berth_Pay

Department of Labor Changes Direction on Sleeper Berth Pay

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Not a direct order of Biden but instead implemented by people he approved within the Department of Labor, the regulations regarding off-time pay is shifting back to what it was before the Trump administration. Off-Time Pay Should drivers traveling across the country be compensated for their downtime, considering they are never truly off when on […]

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Peterbilt_579

The New Peterbilt 579

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Recently, the folks over at PACCAR unveiled their newest upgrade to their 579 line of Class 8 trucks, aptly called “The New Model 579”. Peterbilt is hoping to innovate and change the way that truckers perform their jobs. Here is what Peterbilt touts as changes from the previous model. Aerodynamics While Peterbilt advertises eleven key […]

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January_2021_Truck_Orders_Down_from_Last_Year

January 2021: Truck Sales Down, but Also Up

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ACT and FTR differ on their numbers for Class 8 truck sales by a few hundred each month, but their general messages are the same. This prior month’s message being that the trucking industry is cooling off from the holiday season, but still shows promise of being on fire.The NumbersACT has sales for January set […]

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January 2021: Flatbed Rates Rise, Others Stumble

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In tandem with the previous two months of freight data, one form of freight deviates in direction from the others. This month, however, two dropped while only one rose.The DataOf the three forms of freight, the largest change happened with dry vans, dropping nine cents to have its rate the lowest since August. It is […]

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Meera_Joshi

Meera Joshi to Become FMCSA Deputy Administrator

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If you have been following the Federal Motor Carrier Safety Administration (FMCSA) news for a while now, three names might ring as familiar: Raymond Martinez, Jim Mullen, and Wiley Deck. These three were the deputy administrators of the FMCSA during the Trump Administration, for varying amounts of time. With the transition to the Biden Administration, […]

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Biden’s First 100 Days and How it May Affect Trucking

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A few days after election day, we were hesitant to officially call for Biden’s election victory due to numerous fraud allegations and lawsuits for the time between election day and inauguration day. But, all of that is behind the country and by the time you read this, Joseph Robinette Biden Jr. should be sworn in […]

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PACCAR Parts Releases Universal Electric Charging Station

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One problem facing electric vehicles is different plugs and outlets for charging depending on the vehicle. PACCAR Parts wants to alleviate this problem for drivers, even if they are not direct customers of PACCAR brands such as Kenworth and Peterbilt.Universal ChargingWhether you have started making the transition to electric commercial vehicles or plan to do […]

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DOT Secretary Elaine Chao Announces Resignation

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Secretary of the Department of Transportation Elaine Chao has announced that she will be resigning from her position, effective January 11th. This marks the end of the second-longest cabinet holding behind Mike Pence himself: Elaine Chao started January 31st, 2016. Details Elaine Chao cites the storming of the U.S. Capitol as her reason for not […]

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December 2020: Reefer Rates Stumble, Others Rise

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For November, we wrote how flatbeds had their average per-mile rate reduced while the other two forms of freight increased. Poetically, it is now the refrigerated trailer to have its turn to reduce in rate.The DataWhile the numbers do not increase with the same intensity as they did in the middle of 2020, they do […]

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TopMark Funding’s Top 12 Trucking Articles of 2020

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Unless your name is Jeff Bezos or Elon Musk, there is a pretty good chance this was not your year. From a potential World War III in January, to the COVID-19 pandemic that started in March and is still going today, to the summer protests and blocked highways, this year had it all. We want […]

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November 2020: Trailer Sales Drop, but Are Still High

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In the last trailer sales article, we left with this prediction: “…we believe that the pent-up demand for goods, combined with the holiday season, will lead to equal or greater trailer sales in November.” It appears we were wrong this time. October sales had an average estimate of 55,350. For the month of November 2020, […]

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November 2020: New Truck Sales Continues Streak

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Freight Transportation Research Associates (FTR) released their data on new Class 8 truck sales for November 2020 on December 2nd. We predicted the numbers would stagnate and be approximately equal to those found in October, at around 40,100. To say the very least, we were wrong. The Data FTR reports preliminary data that says that […]

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November 2020: Early Trucking Numbers Suggest Strong Growth

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The Bureau of Labor Statistics (BLS) releases two statistics each month: one is the preliminary numbers (estimate) for the month prior, and the other is a more accurate count for three months prior. The solid numbers for September came in with November’s preliminaries, and while the former is essentially what the BLS has suspected, the […]

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Truckers on High Priority List for COVID-19 Vaccines

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As the coronavirus vaccines are finalized and become ready for distribution, the question remains as to who gets the first round of doses. The Advisory Committee on Immunization Practices (ACIP), an arm of the CDC, recently reached a nearly-unanimous vote on Monday approving a three step plan for vaccine distribution:Phase 1a: Healthcare workers and residents […]

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November 2020: Flatbed Rates Stumble, Others Rise

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Growth cannot last forever. After a long run of consistently rising freight rates, it appears flatbed rates are the first of the three to have a month lower than the previous month.Not to worry, however, as the flatbed rates only dropped one cent, so while flatbeds stumble, they are not tumbling down an impossible to […]

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Nikola Motor and GM Sign Memorandum of Understanding

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Nikola Motors Corporation has been through the wringer in the past few months, but there is at least one company that still holds faith in them, General Motors. GM, who swapped shared with Nikola in the early summer, has signed a Memorandum of Understanding (MOU) with the fledgling technology company, to show intention to use […]

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Outbound Tender Volume Index Hits All-Time High

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What do you get when you combine pushed back demand from the coronavirus pandemic with the demand of Black Friday? You get the highest demand for truckload shipments in recent history. Since FreightWaves created the Outbound Tender Volume Index (OTVI), it is at the highest it has ever been.OTVIFreightWaves describes outbound tender as:“…a load offer […]

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Coronavirus Vaccine Exacerbates Strained Reefer Capacity

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The COVID-19 vaccine seems to be a rousing success, as companies developing them tout a 90-95% efficacy rate in testing. We have already written about one of the difficulties of distribution of the vaccine: keeping the vaccines cold. In that article, we lightly scratched on another problem that deserves more attention: the demand for reefer […]

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Renewable Natural Gas Trucks Break Through Zero Emissions Barrier

Renewable Natural Gas Trucks Break Through Zero Emissions Barrier

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Savvy readers of our articles may recall from late June that we wrote about Hyliion and their plans for the Hypertruck. Hyliion hoped to have their Hypertruck be negative emissions through the use of renewable natural gas (RNG). While the Hypertruck is not released yet, there is tangible proof now that their goal is attainable.Driving […]

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AB-5: Truckers Are Down, but not Out

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On November 19th, the California Court of Appeals reversed the court decision in People v. Cal Cartage Transportation Express, LLC. In short, the appeals court ruled that the “ABC” test that comprises the heart of AB-5 is not in contradiction with federal law and as such is not overridden by it. The California Court In […]

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Can the Trucking Industry Defeat Coronavirus?

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If the coronavirus pandemic were a war, truckers would be the front line infantry, going out into the field to give people the supplies they need to either stay healthy (sanitizers and face masks), or to stay quarantined (food and entertainment supplies). With two different COVID-19 vaccines both showing a minimum 90% efficacy rate, it […]

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October_2020_Trailer_Sales_Have_Consecutive_Record

October 2020: Trailer Sales Have Consecutive Record

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“September’s rank as third-best month in industry history was short-lived, as October activity now takes that title,” Frank Maly, director CV Transportation Analysis and Research at ACT Research, said.As we predicted back in October, the trailer sales for that month were higher than those of September, by only a few thousand. A 6% increase, more […]

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Traton_to_Purchase_Navistar_for_3point7_Billion

Traton to Purchase Navistar for $3.7 Billion

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We did not want to write about this Traton-Navistar deal as it was in progress, but it appears that the negotiations have been finalized. Traton, subsidiary of the Volkswagen Group, is purchasing Navistar in its entirety.DetailsBefore the buyout agreement, Traton owned 16.7% of all common shares in Navistar, meaning that their purchase was not a […]

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FMCSA to Conduct Autonomous Truck Opinion Surveys

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Unless all the election news has pushed older information out of your brain, you may remember that the FMCSA spoke at an ATA virtual conference about many topics, one of which was working to make self-driving commercial vehicles as safe as possible. But beyond safety, there are many more uncertainties to autonomous trucks. Will they […]

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October 2020: New Truck Sales Increase. Again!

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Freight Transportation Research Associates (FTR) has released its latest wave of sales information regarding new Class 8 trucks. While not a two-year high, October 2018 was higher, the numbers improving upon Septembers’ victory for the trucking industry is still phenomenal.The DataNew truck sales totaled approximately 40,100 for October, according to FTR. This is an 83% […]

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Brokers and Small Carriers Butt Heads, with FMCSA Referee

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On October 28th, the Federal Motor Carrier Safety Administration held another virtual conference, this time regarding broker regulations. In attendance were representatives from the Transportation Intermediaries Association (TIA), Owner-Operator Independent Driver Association (OOIDA), and the Small Business in Transportation Coalition (SBTC). As you can imagine, the TIA wants fewer regulations, and the OOIDA and SBTC […]

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ATRI Releases 2020 Trucking Issues Survey Results

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The American Transportation Research Institute (ATRI) released the results of its 2020 survey asking stakeholders in the trucking industry their thoughts on things that impact the trucking industry. Their report is a very insightful 26-page behemoth of knowledge, but for our reading base, primarily of truckers who would rather spend more time on the road […]

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Traton_and_Hino_Team_up_for_Alternative_Fuel

Traton and Hino Team up for Alternative Fuel

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It seems like for the trucking industry in 2020, everyone is working together with everyone else. Yesterday was an article about partnerships in the development of autonomous trucking, and now there is more news in the sphere of green fuels: Traton SE and Hino Motors Limited have signed an agreement to work on battery-electric and […]

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FMCSA_Speaks_at_Virtual_Conference

FMCSA Speaks at Virtual Conference

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On October 23rd, Federal Motor Carrier Safety Administration Deputy Administrator Wiley Deck spoke at the American Trucking Association’s (ATA) virtual version of its Management Conference and Exhibition. The event was turned into a virtual one this year, due to the coronavirus pandemic. Here is what he spoke about. Under 21 Drivers With the trucking industry […]

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Department_of_Labor_Hopes_to_Clarify_Independent_Contractor_Status_for_Truckers

Department of Labor to Clarify Independent Contractor Status

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When a truck driver hears about laws and regulations determining the difference between an independent contractor and employee, the first thing that may come to mind is California AB-5, one of the strictest standards in the nation for determining employee eligibility. At the federal level, however, the Department of Labor (DOL) wants to revise their […]

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September-2020-Trailer-Sales-Nearly-Break-Record

September 2020: Trailer Sales Nearly Break Record

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Freight Transportation Research (FTR) has been tracking trailer sales for a very long time. It means a lot when September 2020 was the third-highest month for trailer sales since they started keeping track. The Details August’s trailer sales, according to FTR, were about 28,700. Now, for September, trailer sales reached 52,000, according to preliminary numbers. […]

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September_2020_New_Truck_Sales_Hit_Almost_TwoYear_High

September 2020: New Truck Sales Hit Almost Two-Year High

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According to Freight Transportation Research Associates (FTR), around 20,500 new trucks were sold in the month of August. Now the September numbers are in, and if you have been following the truck sales for the past few months, it should not surprise you. The Data New trucks sold for September according to FTR totaled 32,000. […]

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Western_Star_Unveils_49X_Truck_Features

Western Star Unveils 49X Truck: Features

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Daimler Trucks North America (DTNA), the parent company of Western Star, has officially revealed the company’s latest vocational truck. The company considers it the natural evolution of the 4900 series of work trucks.“We know the 4900 is a great product, but we also know that it doesn’t bring the best of technology to the customer,” […]

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FMCSA Extends Other Exemptions Until 2021

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If you have been following the news regarding the coronavirus pandemic, you may remember two things:The hours-of-service exemption was extended until the end of 2020.Other exemptions, such as the CDL renewal, CPL renewal, and medical certification renewal, were provided.On September 18th, the Federal Motor Carrier Safety Administration (FMCSA) combined the two and made it so […]

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Tesla Announces Semi Battery Upgrade

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On September 22nd, 2020, Tesla shareholders gathered in Fremont, California to hear the latest from Elon Musk and Tesla Senior Vice President of Powertrain and Energy Drew Baglino. Sitting in their cars to social distance in the era of COVID-19, shareholders learned the latest technological advancements to Tesla’s vehicles. The most interesting of which is […]

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FMCSA_Announces_New_Committee_Through_MCSAC

FMCSA Announces New Committee Through MCSAC

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The United States government is a complicated system. In a short summary relating to truckers, the president appoints the Secretary of the Department of Transportation, who then manages the Federal Motor Carrier Safety Administration (FMCSA). It is a tall building where it may feel as though the limit of trucker input is voting for the […]

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FMCSA Changes Hours-of-Service Soon: What to Know

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On September 29th, truckers will breathe a sigh of relief as FMCSA hours-of-service regulations are loosened and allow more leeway to the driver. If you have been delivering for the many various State of Emergencies that have plagued 2020, you may have forgotten what the changes to the hours-of-service regulations entail. Here is a refresher […]

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Proposed Hours-of-Service Revisions Taken to Court

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It seems as though every trucking industry change is taken to court at some time or another. This time, it is a change that most truckers are looking forward to: the changes in hours-of-service regulations. Intended to provide added flexibility to a trucker’s daily work, the hours-of-service changes are being challenged by safety groups arguing […]

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August_Trailer_Sales_Skyrocket_is_an_Understatement

August Trailer Sales: “Skyrocket” is an Understatement

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Either in spite of, or because of, all the crazy events happening in 2020, trailer sales for the recent months have been going up, up, up. We at TopMark Funding wrote in an article for July trailer sales, saying, “It will be interesting to see where August stands on the scale.” That data is officially […]

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Preliminary Job Numbers Suggest Trucking Industry Is Healing

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Another month has gone by since we last reported on the coronavirus pandemic affecting job numbers. Although the pandemic appears to not have an end in sight, society as a whole has become acclimated to the pandemic, and things are returning slightly back to normal. Some people are going back to work (albeit working from […]

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COVID-19 State of Emergency Extended to End of Year

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Every month for a while now, the Federal Motor Carrier Safety Administration (FMCSA) has been extending the State of Emergency by another month. The FMCSA has decided to take a more proactive approach, and as of September 11th the State of Emergency has been extended until the end of the year. The Details You can […]

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Nikola_Motor_Company_Goes_Public_Stock_for_Sale

General Motors and Nikola Corporation Partner Up

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We at TopMark Funding have talked about Nikola Corporation going public and how you can become a part-owner in the fledgling company. Now, it seems General Motors wants a piece of the action. The companies have announced plans to become part-owners of one another. The Details The companies became part-owners of one another by swapping […]

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FMCSA_Proposes_Under21_Pilot_Program

FMCSA Proposes Under-21 Pilot Program

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If you have been following trucking industry news before the coronavirus pandemic hit the forefront, you may remember that Congress debated the DRIVE Safe Act. Apparently that bill died in the halls of Congress, because truckers under the age of 21 still cannot haul freight via semi-truck across state lines. The FMCSA wants to give […]

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Top 50 Trucking Songs

New Truck Orders Go Every Direction in August 2020

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Pardon the pun, but the trucking industry is on a roll. Trucking sales rose for yet another consecutive month. The Data Two studies, one from the Freight Transportation Research Associates (FTR) and the other from Americas Commercial Transportation Research Company (ACT), tell ever so slightly different stories. ACT estimates Class 8 truck sales for the […]

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California state flag flying in front of capital building

California AB-5 Law Hits 9th Circuit of Appeals

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We at TopMark Funding have written about the AB-5 bill before. In the last article covering the bill, we talked about how U.S. District Judge Roger Benitez issued a preliminary junction against it, meaning that until the lawsuit between the State of California and the California Trucking Association (CTA) is resolved, the default position is […]

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Waymo Begins Testing Autonomous Trucks in Texas

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Alphabet Inc., known primarily for their Google search engine and YouTube video platform, has a subsidiary known as Waymo. Waymo has two wings, Waymo One for typical four-wheel driving of passenger vehicles, and Waymo Via, where they are testing the technology in 18-wheelers for long distance deliveries.Waymo is still a far way away from making […]

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Will_New_CARB_Regulations_Save_the_Environment

Will New CARB Regulations Save the Environment?

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Pollution is bad. Nobody would reasonably argue against this. Anyone who lives in or has recently driven through TopMark Funding’s home state of California can see the dense smoke haze covering the state, giving headaches to anyone foolish enough to go outside without a face mask for even a small handful of minutes.How timely it […]

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FMCSA Opens Feedback on Broker Transparency Petition

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Three months ago, the Owner-Operator Independent Driver Association (OOIDA) petitioned the Federal Motor Carrier Safety Administration (FMCSA), requesting new regulations and/or increased enforcement of current ones. Now, the FMCSA is opening comments to the public allowing them to submit their thoughts. The Story So Far Current rules state that records of brokered transactions must be […]

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July_Trailer_Sales_Also_Skyrocket_on_a_Skyrocket

July Trailer Sales (Also) Skyrocket on a Skyrocket

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The numbers are in. We had written about June trailer sales at approximately this same time last month, and Freight Transportation Research (FTR) has released its latest data for new trailer sales. July 2020 shattered all expectations.By the NumbersIt does not take a trucking industry expert to imagine that the coronavirus pandemic caused new trailer […]

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Coronavirus_State_of_Emergency_Extended_to_September

Coronavirus State of Emergency Extended to September

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The Federal Motor Carrier Safety Administration state of emergency has been extended for another month. This is the fifth extension, set to last until September 14th, but may be extended yet again.Changes MadeYou can read the declaration in full on the FMCSA declaration’s webpage. In summary, the exemption for hours-of-service has been extended, with a […]

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CSVA_Internation_Roadcheck_Starts_September_9th

CVSA International Roadcheck Starts September 9th

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The Commercial Vehicle Safety Alliance, normally having their International Roadcheck in June, scheduled it this year for May 5th to 7th. Later, it was postponed until further notice as a result of a certain worldwide pandemic. Now, the CVSA has decided that the pandemic has cooled down enough where having the event to improve safety […]

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Despite Pandemic, Trucking Industry Keeps on Rolling

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Here at TopMark Funding, we wrote about how we believed the coronavirus pandemic was ending soon. That article is almost two months old at this point, and the pandemic continues.  The interesting thing is that despite all of the fear of the coronavirus pandemic for the past five or so months, the trucking industry continues […]

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Nikola_Tesla_Race_to_Build_Electric_Truck_Factories

Nikola, Tesla Race to Build Electric Truck Factories

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In the 19th century Thomas Edison and Nikola Tesla duked it out to determine the future of electricity between DC and AC. Now, two companies, both named after the winner of that debacle, are battling it out to get their electric trucks out to market. Nikola Nikola Motor Company is the underdog in the competition. […]

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Love’s to Require Face Masks

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Operating about 520 locations in 41 states, Love’s Travel Stops (the company) will require customers to wear face masks at all of its businesses. This includes Love’s Travel Stops, Love’s Truck Care, Love’s-owned hotels, and Speedco locations.The culprit behind this decision is none other than our beloved friend the Coronavirus.COVID-19 WoesFighting a pandemic is a […]

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New_Trailer_Orders_in_June_2020_Skyrocket

New Trailer Orders in June 2020 Skyrocket

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At the beginning of July, we wrote an article detailing some good news for the health of the trucking industry: new truck orders in June broke expectations. Following up, in comparison, new trailer sales completely shattered all expectations for that month. The Data According to Americas Commercial Transportation Research Company (ACT), U.S. trailer orders for […]

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Netadryne_Records_1_Billion_Miles_for_Autonomous_Research

Netadryne Records 1 Billion Miles for Autonomous Research

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We at TopMark Funding have written before about the obstacles stopping autonomous semi-trucks from becoming the norm. One of the largest was the problem we called “Dynamic Adaptation”: how current autonomous trucks work fine in open, well-maintained highways, but start to struggle when dealing with less optimal scenarios such as road hazards and city streets. […]

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Payroll_Protection_Program_Helps_Truckers

Payroll Protection Program Protects Truckers

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The coronavirus pandemic sweeping the nation has taken its toll on the trucking industry, but the federal government will not let the industry collapse without a fight. Through the Payroll Protection Program (PPP), which is part of the CARES Act, trucking companies both big and small have applied for loans to keep goods moving, loans […]

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CVSA to Start Operation Safe Driver Week July 12th

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You might remember us writing about the Commercial Vehicle Safety Alliance (CVSA) delaying the International Roadcheck due to the coronavirus. The CVSA has decided to not let COVID-19 get in the way of its next event, however: Operation Safe Driver Week.Operation Safe Driver WeekThe CVSA describes the event as a time where “law enforcement agencies […]

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UPS_Penske_and_Others_Test_Autonomous_Trucks

UPS, Penske, and Others Test Autonomous Trucks

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Autonomous trucks may still be a far way away from becoming the norm, but the journey of a million miles begins with one wheel rotation. A small handful of companies are working together to help lay the groundwork of making it a reality.The TeamThe companies that form this partnership of establishing an autonomous network of […]

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FMCSA_to_Check_Potential_Broker_Transparency_Violations

FMCSA to Check Potential Broker Transparency Violations

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On Tuesday, June 23rd, Federal Motor Carrier Safety Administration chief Jim Mullen said his agency is looking into potential violations regarding rate transparency among brokers. The statement comes from the FMCSA’s session at the Truckload Carrier’s Association’s Virtual Safety and Security Meeting. The event was moved online due to the coronavirus pandemic. The “Changes” We […]

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FMCSA_Extends_CLP_Training_Workaround

FMCSA Extends CLP Training Workaround

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President Donald J. Trump signed Executive Order No. 13924,85 FR 31353 on May 19th, 2020. This directed federal agencies such as the Federal Motor Carrier Safety Administration to take action in fighting not just the coronavirus pandemic, but the economic damages resulting from the pandemic as well. The trucks are essentially the blood cells that […]

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FMCSA_Extends_Pandemic_License_Relief

FMCSA Extends Pandemic License Relief

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President Donald J. Trump signed Executive Order No. 13924,85 FR 31353 on May 19th, 2020. This directed federal agencies, including the Federal Motor Carrier Safety Administration, to take action in fighting not just the coronavirus pandemic, but the economic damages resulting from the pandemic as well. One way the FMCSA took action was to suspend […]

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FMCSA_Lengthens_Drug_Testing_Window_for_Hiring

FMCSA Lengthens Drug Testing Window for Hiring

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The Federal Motor Carriers Safety Administration (FMCSA), in a new step to combat the COVID-19 pandemic’s impact on the economy, is modifying a regulation regarding drugs. No, truckers will not be allowed to drive while smoking marijuana without being added to the Clearinghouse. The Change Normally when hiring a company driver, the company must perform […]

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House Democrats Introduce INVEST in America Act

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How much is added flexibility to your driving workday worth to you? House Democrats on Capitol Hill unveiled the Investing in a New Vision for the Environment and Surface Transportation in America (INVEST in America) Act on Wednesday, May 3rd. The bill is 864 pages long, but the two biggest pieces that should interest truck […]

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Nikola_Motor_Company_Goes_Public_Stock_for_Sale

Nikola Motor Company Goes Public: Stock for Sale

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With Tesla delaying the Semi for another year, it appears to be that the Nikola Motor Company (also named after electrical inventor Nikola Tesla) is the frontrunner to get a fully electric semi-truck to market. Their chances just increased immensely when they finished performing a reverse merger with VectoIQ Acquisition that will also raise at […]

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May_2020_Two_Freight_Rates_Fall_One_Rises

May 2020: Two Freight Rates Fall, One Rises

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The month of May resulted in some interesting phenomena for the trucking industry: usually when it comes to dry van, flatbed, and reefer hauling, the rates all change in the same direction. This has been a crazy year, which leads to some crazy changes.For May, the reefer rate average rose, most likely due to the […]

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OOIDA_Petitions_FMCSA_for_Broker_Transparency

OOIDA Petitions FMCSA for Broker Transparency

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The Federal Motor Carrier Safety Administration (FMCSA) has been in the news a lot lately, and the news surrounding them only gets longer as time goes on. On May 19th, the Owner-Operator Independent Driver Association (OOIDA) filed a petition with the FMCSA to demand new regulations that improve broker transparency. The Problem Owner-Operators are starting […]

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FMCSA_Announces_HoursofService_Final_Rule

FMCSA Announces Hours-of-Service Final Rule

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It might be hard to remember with the coronavirus pandemic suspension (which was recently extended another month to mid-June) that the FMCSA has been planning reform to its hours-of-service regulations. Now the final rule has been published. Despite nobody outside of the FMCSA truly knowing what was going to be in it, it turned out […]

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April_2020_Freight_Rates_Drop_Unpredictably

April 2020: Freight Rates Drop Unpredictably

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We at TopMark Funding have not been giving you the statistics for average freight rates lately, as we have been writing extensively about more immediate topics such as the Coronavirus. Now that it appears the pandemic is reaching the declining end of the curve, we can get back into the swing of things for normal […]

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Truck Dealers Seek “Essential Status”

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On March 23rd, a coalition of automotive dealers, including the American Truck Dealers (ATD), sent a letter to President Trump, Vice President Mike Pence, Cabinet members, and the Governors of all fifty states asking for “essential status” for dealerships in the wake of the COVID-19 crisis.The Letter to the GovernmentThe letter outlines the coalition between […]

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Navistar_Paccar_Halt

Navistar and Paccar Halt Production

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We recently wrote about how Mack and Volvo Group suspended truck production due to COVID-19 fears, now it appears that other truck builders are following in their footsteps. Recently, Paccar and Navistar International announced that they are also halting production. Both have announced two-week shutdowns, with a Paccar representative saying, “[we] will continue to provide […]

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FMCSA Expands Its COVID-19 Response

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Recently the Federal Motor Carrier Safety Administration (FMCSA) announced for the first time in history national suspension of certain Hours of Service regulations. This was in response to the coronavirus State of Emergency. This Wednesday on March 18th, the FMCSA has expanded the suspensions further. “Under Secretary Chao’s leadership, FMCSA is providing additional regulatory relief […]

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FMCSA Declares National Emergency in Response to COVID-19

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Suspensions of Hours of Service (HOS) regulations are nothing new to the trucking industry, just recently there were two declared in Alabama and Tennessee. What is new is that the FMCSA has announced a nationwide suspension on HOS regulations in regards to commercial vehicle drivers hauling emergency relief across the entire country. The National Emergency […]

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HOS Reform Sent to White House, Few Know What It Entails

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If you have been following trucker news for a while now, you almost certainly have heard that the Federal Motor Carrier Safety Administration (FMCSA) has sent paperwork regarding changing Hours of Service regulations to the White House. We at TopMark Funding have been hesitant to write an article detailing this news, because here is the […]

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Women in Trucking to Develop Driver Ambassador Program

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The Women in Trucking (WIT) Association has announced plans to launch a Driver Ambassador program with various trucking businesses to raise awareness and promote career opportunities for women in trucking. WIT has partnered with Schneider National and has named Kellylynn McLaughlin, a trainer with Schneider, to be the first Driver Ambassador for WIT. “Trucking is […]

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Bridgestone Unveils Airless Tires for Commercial Trailers

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Tires without air might not just be a luxury for push lawn mowers anymore. Bridgestone was at the 2020 Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition in Georgia. It announced that it was working on air-free tires for trailers. The design, shown below, is most likely patented with its unique design of […]

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FMCSA Lowers Annual Registration Fees

FMCSA Lowers Annual Registration Fees

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In a move that had truckers across the nation rejoicing, the Federal Motor Carrier Safety Administration (FMCSA) announced on February 13th, 2020 that it would be lowering registration fees for motor carriers starting with registration year 2020 and continuing for the foreseeable future. Unified Carrier Registration Plan The Unified Carrier Registration (UCR) Plan is no […]

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Navistar Plans to Expand Plant, Build New Powertrain

Navistar Plans to Expand Plant, Build New Powertrain

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Navistar officially started progress on spending $125 million to expand its engine manufacturing plant in Huntsville, Alabama. They held a groundbreaking ceremony on February 11th, 2020. They also hinted that they will use the new space, to build their own powertrains, cooperating with Traton Group to make this a reality.Navistar International Plant ExpansionNavistar Big Bore […]

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FMCSA Delays Entry-Level Driver Training Rule

FMCSA Delays Entry-Level Driver Training Rule

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The Federal Motor Carrier Safety Administration (FMCSA) works hard to use the power of technology to increase transportation industry safety nationwide, but sometimes their speed of implementation falls short of expectation. The implementation of this rule has been pushed back two years from February 7th, 2020 to 2022. What is the Entry-Level Driver Training Rule? […]

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The USMCA and how it Affects Truckers

The USMCA and How it Affects Truckers

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Though USMCA may sound like the acronym for an offshoot of the Marine Corps, in this context it stands for the United States-Mexico-Canada Agreement. The shipping of goods between the United States, Canada, and Mexico is bound to affect the trucking industry. History of the USMCA Before we understand USMCA, we must first know the […]

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Mack Trucks to Reenter Medium-Duty Market, Open New Plant in Virginia

Mack Trucks to Reenter Medium-Duty Market with MD Series, Open New Plant in Virginia

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In early 2019, Volvo Group, the parent company of Mack Trucks, started mysteriously posting job listings to hire engineers in the Salem/Roanoke area of Virginia. Volvo declined to comment about the job listings other than to say they would fulfill “future business needs”, but Jon Harris of the Morning Call predicted that Mack Trucks may […]

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Trucks Parked at a Truck Stop, California, USA

Trucking Industry Revenue Over Time

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Millions of truckers employed across America have dedicated their careers to the trucking industry, hauling freight from coast to coast. As technology and regulations change around them with scares of driver shortages and self-driving trucks, commercial truck drivers may fear that the industry will upend them and terminate their livelihoods. We at TopMark Funding are […]

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Self Driving Semi-Trucks: When?

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In 2016, Uber delivered 50,000 cans of beer over 120 miles of highway without any driver intervention. But two years later, Uber closed down its self-driving semi-trucks division to focus on self-driving cars instead. The trucking profession is huge, over five percent of all American jobs are in truck transportation. When self-driving trucks progress far […]

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