Will the Transportation Industry Experience Growth in 2014?

trucking124So, how is 2014 shaping up for the Transportation Industry?

Per Pat Cavanagh, 2014 HDMA Chairman and president of Enovation Controls, who spoke at the HDMA Breakfast Briefing at the Mid-America Trucking Show in Louisville, KY last Friday, 2014 has potential for significant growth based on underlying industrial fundamentals.

He also said that rising truck demand looks promising for the next two years, with a 10 percent projected growth in 2014 and 9 percent in 2015.

According to Dr. Wolfgang Bernhard, CEO of Daimler Trucks & Buses, who served as keynote speaker for the event, those projections may be conservative.

Everything we’ve seen so far points to even bigger growth. Order intake the last couple months was very promising. The truck fleet is about 11 years old. It’s about time that pent up demand comes to us.

Bernhard went on to say that truck demand is coming from small and medium fleets and from rental fleets. And that activity from rental fleets is exciting because those are typically businesses who are seeing a need for increased capacity, but rent trucks versus buy them to see if that growth is sustained.

Bernhard noted that “The U.S. truck industry is the backbone of the world’s largest economy,” and stated that trucks move 9.2 billion tons of freight per year.

According to the Daimler CEO, among the areas, where the U.S. has led the charge in trucking, are emissions. The U.S. made efforts to improve truck emissions nearly 5 years before any other country and now boasts some of the cleanest-burning vehicles on the planet.

Bernhard made the point that, since 1984, emissions have reduced by upwards of 99 percent,

In terms of emissions, the U.S. industry is second to none. Some people say, in a modern truck, the air going into the front comes out cleaner in the back.

Bernhard also pointed out that Daimler continues to refine its alternative fuel technologies, but he was unwilling to sacrifice the company’s diesel efforts in that pursuit.

“My alternative fuel is diesel,” he added, noting that he doubted any fuel would “in the near future” fully displace diesel.

Recently, over 1/3rd of the nation’s Freight Brokers had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”.

We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections. As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you. Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.

Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!

Per FMCSA, New Gross Combination Weight Rating Definition to Take Effect April 18th

trucking122The definition of “gross combination weight rating” has been changed, in an attempt to ascertain when CDL and other federal safety regulations apply to certain single-unit trucks towing trailers.

The purpose of changing the definition is to come up with a standard means of determining if a combination vehicle driver is subject to federal safety requirements when GCWR information is not on the vehicle manufacturer’s certification label. This new definition will take effect on April 18, according to the FMCSA’s March 19 final rule.

This rulemaking came about as a result of the Commercial Vehicle Safety Alliance petition, calling for the change in 2008. According to the CVSA, The old definition was

…proving problematic for inspectors and industry when determining what is considered to be a Commercial Motor Vehicle and when a CDL is required.

The FMCSA went along with the CVSA, agreeing that drivers, carriers and enforcement representatives should not have to search for the GCWR on manufacturers’ product literature or for guidance on the FMCSA’s website or in commercial publications.

The new definition classifies GCWR , according to whichever of the following is greater: a value specified by the manufacturer of the power unit if displayed on the Federal Motor Vehicle Safety Standard certification label required by the National Highway Traffic Safety Administration or the sum of the GVWRs or the gross vehicle weights GVWs of the power unit and the towed unit(s), or any combination thereof, that produces the highest value.

The FMCSA withdrew its 2012 direct final rule to amend the definition because it received too much negative feedback. Last May, it published a Notice of Proposed Rulemaking, which was supported by the CVSA and the Truck and Engine Manufacturers Association.

Another of the challenges, which currently faces America’s Trucking Industry, is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”.

We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.
As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you. Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.

Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

FMCSA Announces Supplemental Notice of Proposed Rulemaking to Mandate E-Logs

trucking121The FMCSA announced last Wednesday, March 12th, a Supplemental Notice of Proposed Rulemaking to mandate electronic logging devices.

The American Trucking Associations (ATA) welcomed the proposal, while the Owner-Operator Independent Drivers Association (OOIDA) said it will closely study it during the comment period.

The rule’s effective date and publication date in the Federal Register were not announced. It’s likely the rule will go into effect in late 2016. The proposal says it will go into effect two years after the final rule is issued, which could happen in the second half of 2014.

This Supplement Notice of Proposed Rulemaking follows an FMCSA rule from 2010 that mandates the use of electronic onboard recorders. That entire rule was vacated in 2011 by a federal court.

The rules estimates the annualized cost of compliance for the new rule will be between $165 and $832 per truck.

E-logs will be mandatory for all drivers who are currently required to keep paper records of duty status. Drivers who are required to keep records of duty status in eight or more days out of every 30 days must use an ELD, replacing the 2011 rule’s requirement that drivers who keep records of duty status two or more days out of every seven use a logging device.

Carriers and drivers would not be required to install or use a logging device until two years after the effective date of the final rule. Carriers who have used what the agency calls “automatic onboard recording devices” prior to the ELD mandate, however, have two more years on top of that to comply.

Driver harassment, stemming from the use of e-logs, was the primary reason that the court threw out the last ELD mandate. The new ELD rule includes provisions to prevent driver harassment involving the devices.

Another of the challenges, which currently faces America’s Trucking Industry, is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”.

We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.

As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you. Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.
Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Cargo Thefts Increasing

trucking14According to an annual report released by FreightWatch International this week, the number of cargo thefts recorded in 2013 tied 2012′s all-time high of 951. They also said in the report that, with thieves becoming better organized and more imaginative, the threat of cargo theft continues to increase.

Of the 951 total thefts in 2013, 692 were full-truckload or container thefts, FreightWatch reported, and 65 were less-than-truckload thefts.

An average of 79.25 cargo thefts occurred each month in the U.S., breaking down to 2.6 per day.

2013 saw huge increases in thefts of pharmaceuticals and food/drink loads (excluding alcohol), with pharmaceutical load thefts jumping up by 50% and food/drink load thefts increasing by 34%.

Today’s thieves seem to have a fondness for food items, with stolen loads of nuts; seafood; candy, cookies and snacks; dairy and eggs; and meat all more than doubling from 2012, increasing by 117 percent, 142 percent, 150 percent and 237 percent, respectively.

According to FreightWatch, food loads generally have lower security, which accounts for some of the increase, as thieves target the easier-to-nab food/drink loads rather than the harder to steal electronics loads.

Food/drink loads in 2013 accounted for 27 percent of all thefts, followed by electronics loads at 14 percent and home/garden and metal loads at 10 percent each.

Nearly 50% of all the thefts occurred on Fridays and Saturdays.

California, had the most thefts by far in 2013, with a total of 259, followed by Texas with 123. Florida, Georgia and Illinois rounded out the top five with 113, 71 and 70, respectively.

Another of the challenges, which faces America’s Trucking Industry, is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”.

We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.

As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you. Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.
Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Diesel Prices Drop…Barely

trucking51As we all struggle to keep a revenue-producing bottom line in our industry, here is a little good news: After climbing higher for five weeks in a row, the average cost of diesel is lower, but only barely.
According to figures released Monday afternoon by the U.S. Energy Department , the price of diesel is down 0.1 cent from last week, coming in at $4.016 per gallon. Over the five-week period before, it gained 14.4 cents. However, compared to the same time a year ago the price is 11.6 cents lower.
Diesel prices still increased over the past week in two of the three sections that make up East Coast region, along with the Rocky Mountain and West Coast regions of the country. The biggest gain was recorded in the Rockies, where it the price rose 3.3 cents for an average of $3.983 per gallon.
Diesel prices across the country range from a low of $3.793 in the Gulf Coast region, down 1.3 cent from a week ago, to a high of $4.389 in the New England portion of the East Coast region, up 0.3 cents during the same time.
Looking back, as compared to last year, diesel is down in all regions of the country except in two of the three parts that make up the East Coast region. In New England it is 9.1 cents higher while it’s 11.9 cents more in the Central Atlantic section.
The high price of Diesel is just one of the challenges that our industry faces.
Another of the challenges which faces America’s Trucking Industry is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.
If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.
At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”. We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.
As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.
We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.
Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.
When it comes to any freight debt, no matter the circumstance, we will collect it for you.Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.
Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.
Let us turn your losses into gains.
Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.
Don’t hesitate to contact us to set up an appointment to get you justice today.
Click here.
Please visit our website at powers-stinson.com!
WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Truck Tonnage Falls in January

trucking19According to the American Trucking Associations, The amount of truck tonnage carried in January fell 4.3 percent from December due to negative impacts of the several nationwide impacting winter weather events.

This makes the second month in a row that tonnage has fallen, as recorded by ATA’s For-Hire Truck Tonnage Index. This was preceded by good news, as ATA’s index hit an all-time high in November before edging down slightly in December.

January’s reading was 124.4, as compared to December’s reading of 130. November’s all-time high reading was 131.0.

Per the ATA, in January 2013, tonnage was up 1.2 percent.

For all of 2013, tonnage was up 6.3 percent from 2012, following 2012′s 2.3 percent increase from 2011.

According to ATA’s Chief Economist, Bob Costello, an event like weather causes the trucking industry to get behind, it’s hard for it to make up lost ground…

The thing about truck freight is that it’s difficult to catch up. Drivers are governed by hours-of-service regulations and trucks are limited to trailer lengths and total weights, thus it is nearly impossible to recoup the days lost due to bad storms.

Costello also said that despite January being the largest month to month drop in two years, it’s hard to really gauge what happened with freight in the month:

January wasn’t just one storm, it was several across a large part of the country. Therefore, I wouldn’t panic from the largest monthly drop in two years. I’ve heard from many fleets that freight was good, in-between storms. The fundamentals for truck freight still look good.

Another of the challenges which face America’s Trucking Industry is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”. We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.

As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you.Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.

Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Carriers Using Telematics to Increase Profitability

trucking46Most of America’s large trucking company fleets have a lot of experience with telematics: GPS location and mobile communications systems that collect data and communicate it back to a server where the fleet can access the information. With the amount and kind of data these systems provide, increasing in recent years, these fleets have adopted tools to make sense of all that information and use it to increase the efficiency and profitability of their operation.

For example, the use of telematics has allowed fleets to do a much better job at improving their mpg and operational efficiencies. However, fleets are looking for more.

Telematics systems are offered by a wide-range of vendors. They include everything from full-featured systems with hard-wired devices inside the cab to limited-function systems that use a driver’s smart phone capabilities for positioning and messaging. But even full-featured vendors are developing mobile device capabilities.

According to the experts, open platforms on an Android or Apple iOS device provide fleets with more flexibility when deploying telematics system.

Smart devices combined with a telematics system give fleets unique ways to offer their customers additional services.

For example, a food distributor that services a large restaurant chain, began having its drivers use their smartphones to take pictures of the restaurants to verify for the customer that each store was displaying the right specials and offers.

These images were then transmitted back to the home office and on to the customer.

Additionally, mobile apps can make use of location-based services to find the closest dealer when trouble arises.

These systems are especially helpful to small operations, as well, allowing owners and managers to respond to customers, while being out of the office.

Telematics are a very helpful tool by which carriers can continue to grow their business in these challenging times.

One of the challenges which face America’s Trucking Industry is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”. We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.

As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you.Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.
Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Shipment Volumes and Freight Expenditures Continue to Decline

trucking116According to the latest Cass Freight Index, shipment volumes and freight expenditures in North America both continued a decline which began in December. During that month, the economy abruptly reversed direction near the end of last year.

The number of shipments dropped 3.6% in January from December and was 2% lower than a year ago. Freight shipment volumes follow a predictable trend
.
Per Rosalyn Wilson, a supply chain expert and senior business analyst with the management consulting firm Delcan Corporation, who provides analysis in the report,

January sees a post‐holiday drop‐off and is also the slowest month of the year. Volumes rise throughout the spring, flatten or even drop during the summer months, peak in August‐September, then fall close to the levels at which the year started. This year begins the same, with January shipment levels the lowest since 2010. Railroad carload and intermodal loadings, a good barometer of the volume of freight moving, have trended down in the last three months. Snowy January weather contributed to the depressed figures.

Freight spending dropped 5.1% in January. Much of this decrease is due to the 3.6% decline in the number of shipments. Compared to this time last year, freight expenditures are up 1.4%.

Wilson explained,

Movements in our freight expenditures index have been stronger than those for shipment volumes, indicating that there has been very modest growth in rates. The trucking sector is still unable to push rates up significantly, while the railroads have made more headway.

Another challenge which faces America’s Trucking Industry is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”. We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.

As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you.Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.

Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Majority of Carriers Holding Off on Installing E-Logs Until They are Mandatory

trucking115Marketing Research Firm, C.J. Driscoll and Associates, has released its 2013-14 Survey of Fleet Operator Interest in MRM Systems and Services. The study is the largest of the U.S. commercial telematics market to be conducted in recent years.

Of the 508 fleet operators who took part in the study, 42% operate Class 6-8 trucks. One-third of the total sample are truckload carriers, private trucking fleets, or local common carriers.
17% of the overall sample said they expect to buy some type of GPS-based fleet management solution in next 12-18 months. The study also showed that the overwhelming majority were satisfied with their current systems: 4.1 on a scale of 5.

Companies that supply GPS fleet management systems were expecting to see an increase in demand for their products when the FMCSA announced in the fall of 2010 that it would mandate the use of electronic logging devices, or e-logs.

After being challenged in the courts over the possibility that e-logs could be used to harass drivers, the FMCSA went back to the drawing board. The agency is expected to propose a new rule any day to mandate e-logs, which would likely go into effect sometime in 2015.

The study found that a majority of carriers, especially smaller fleets, were not planning to equip their fleet with e-logs before they become mandatory.

36% of fleets said they are presently using a GPS fleet management system. The number varies significantly by fleet size. About 25% of fleets with less than 50 vehicles have a system. However, more than half of fleets with 100 or more vehicles have one.

Overall, more than two-thirds of truckload carriers and private fleets that have a GPS fleet management system have integrated that technology with their vehicles’ data bus to evaluate information about their fleets’ performance on the road.

Ather challenge which faces America’s Trucking Industry is the fact that over 1/3rd of the nation’s Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”. We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.

As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you.Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.

Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

Don’t hesitate to contact us to set up an appointment to get you justice today.

Click here.

Please visit our website at powers-stinson.com!

WE WELCOME YOUR COMMENTS ABOUT THIS BLOG!!!

Class 8 Truck Orders Rise 50% in December

trucking112ACT Research has released figures showing that December was the second biggest heavy-duty Class 8 order month since March 2006, with orders up 50 percent month over month and year over year.

At the same time, medium-duty December net orders fell month over month; but year-over-year orders were mixed, with Classes 6-7 rising 20 percent and Class 5 orders falling 16 percent against tough comparisons. For the year, Class 8 net orders were up 17 percent from 2012 while Classes 5-7 orders rose 10 percent. This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by ACT Research Co. (ACT). The report covers Classes 5 through 8 vehicles for the North American market.

According to Kenny Vieth, President and Senior Analyst at ACT Research Co.,

The U.S. and Canada did the ‘heavy lifting’ for Class 8 orders in December, while Mexico and non-NAFTA orders moved sideways at low levels. Strengthening domestic demand has been supported in the second half of the year by improving economic activity that has translated into improved profits for truckers. The softness in December’s Classes 5-7 orders is viewed as a temporary pause following two very strong order months for medium duty.

ACT is the leading publisher of new and used commercial vehicle industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China commercial vehicle market.

Over 1/3rd of the nations Freight Brokers have had their Authority Revoked, due to the new $75,000 Minimum Bond Requirement from the FMCSA, which took effect on December 1, 2013.

If you are a carrier who has done business with one of the now-closed brokerages, we want to hear from you. We can help.

At Powers & Stinson, we pride ourselves on our Customer Service. We have a “Reputation of Respect”. We recognize that in this era of outsourcing, companies are very careful as to whom they allow to handle their collections.

As a professional Transportation Debt Collections Agency, Powers & Stinson saves these companies the initial capital outlay of having to employ and maintain additional staff.

We also free these companies’ employees from the additional burden and awkwardness of collecting from their clients.

Our firm features an in-house transportation attorney and a nationwide network of transportation attorneys. Together we can assist in collecting your debts in all 50 states and Canada. Our goal is to keep cash in your pocket and your drivers on the road.

When it comes to any freight debt, no matter the circumstance, we will collect it for you.Transportation laws and liabilities are unique, and you deserve a firm that has extensive knowledge and expertise in the transportation industry.

Let us deal with the headache of collecting unpaid invoices for you. Our firm handles collections for carriers, brokers and factoring companies with a proven track record of success.

Let us turn your losses into gains.

Our in-house counsel practices in more areas than just transportation law and litigation. He can also assist in Transportation Contract Drafting, General Contract Drafting and Factoring Laws.

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