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William B. Cassidy |
Apr 19, 2012 12:38PM GMT
One objection to raising truck driver pay to address what’s called a driver shortage is that shippers won’t stomach higher rates needed to support higher pay.
Shippers already are paying higher prices (than in 2009). Truckload rates were 7.2 percent higher in March than a year ago,...
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William B. Cassidy, Senior Editor |
Apr 9, 2012 2:01PM GMT
By now, those who know me know I’m a driver shortage skeptic. I don’t believe there’s an actual shortage of people who could drive a truck, just a shortage of those willing to drive a truck for the pay and conditions on offer from truckload carriers.
I’ve heard from carrier...
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William B. Cassidy |
Apr 4, 2012 5:07PM GMT
The lasting image of the April 3 tornadoes in Dallas will be rows of trailers being demolished and tossed into the air at or near a Schneider National terminal.
Fortunately, no Schneider employees were injured by the tornado. About 100 pieces of equipment were damaged by the storm, the company said...
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William B. Cassidy |
Mar 14, 2012 12:31PM GMT
Construction employment is increasing across most of the country, bringing good news for the economy but mixed news, perhaps, for the trucking industry.
Employment in construction rose year-over-year in 28 states and the District of Columbia in January, the Associated General Contractors of America...
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William B. Cassidy |
Mar 12, 2012 12:27PM GMT
When Steve Russell buys a trucking company, it’s not because he wants trucks. Drivers are the more important asset, said Russell, who has snapped up several trucking firms recently to expand Celadon Trucking, his $557 million company.
“When we make an acquisition we buy the tractors and...
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William B. Cassidy |
Feb 11, 2012 4:26PM GMT
Any increase in the federal fuel tax is dead on arrival in Washington, but the idea of raising fuel taxes to pay for highways is alive and kicking beyond the Beltway.
In Arkansas, a state legislator is promoting a plan to raise funds for a $1.1 billion highway bond program through a 5 cent increase...
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William B. Cassidy |
Jan 17, 2012 10:21PM GMT
I’ve got good news and bad news. Okay, here’s the good news first. If you’re a trucker, you should have a pretty good year in 2012, with steady if slow freight demand from U.S. manufacturers and pricing power from tight capacity.
The bad news, your costs will keep rising, and...
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William B. Cassidy |
Jan 16, 2012 8:14PM GMT
Mergers and acquisitions in the transportation world are likely to pick up speed in 2012, as financing falls into place and “organic growth” hits a ceiling.
That’s the message from experts in the supply chain field such as Tompkins Associates, which predicts 2012 may be the...
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William B. Cassidy |
Jan 13, 2012 8:23PM GMT
Remember the digital National Debt Clock? Now we’ve got an online Transportation Gridlock Clock, thanks to the American Road and Transportation Builders Association. It’s right on the home page of the association’s Web site.
The gridlock clock tells us just how long it’s...
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William B. Cassidy |
Jan 12, 2012 6:27PM GMT
U.S. Xpress wants to hire me as a truck driver.
This may come as a surprise to Max Fuller, John White and the rest of the management team at U.S. Xpress Enterprises, not to mention my editors.
It’s true, however. I hear from them almost every day on Facebook.
In the upper right-hand corner of...
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William B. Cassidy |
Dec 5, 2011 6:16PM GMT
YRC Worldwide eliminated another legacy of its former Roadway and Yellow subsidiaries — their tariffs. The company this month quietly switched shippers still using the old Roadway and Yellow base rate tariffs to YRC’s base pricing book.
That’s right — some shippers were...
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William B. Cassidy |
Nov 16, 2011 6:48PM GMT
The nation’s truckers are not only movers of freight, they’re consumers, and they’re buying more goods on the road, according to the McLane-NATSO Index.
Total merchandise sales at truck stops jumped 10 percent year-over-year in the third quarter, reflecting higher demand and extra...