J.B. Hunt Transport Services has reported fourth-quarter earnings per share of $1.44, ahead of the $1.30 consensus estimate. As well as the year-ago result of $1.35. J.B. Hunt 50 Percent Growth Year-over-year the revenue increased 12% to $2.74 billion. This up to 18% excluding fuel surcharges. There is more than 50% growth in its brokerage and truck divisions as the reasons for the increase, according to a press release cited.…
Roehl Transport has said they will bump up pay for accident-free company drivers. Qualifying drivers will get their pay increased by $2,000 to $3,000 annually. The performance-based plan which is a new program begins February 1st. Roehl Transport Rewards Good, Professional Truck Drivers Safety equates with professionalism at Roehl. The drivers are considered leaders in safety, productivity and pay. In fact, this increase to our accident-free pay drives home our…
XPO Logistics Inc plans to spin off XPO's transportation and logistics businesses into two separate companies: XPO's North American and European less-than-truckload (LTL) and truckload brokerage business. This is according the founder, chairman and CEO of the company and his board of directors. For now, it will be called XPORemainCo. The new company consists of XPO’s North American and European logistics units, called NewCo. Therefore, the permanent names for each…
Trucking Industry Stats Trucking is the largest contributor. Freight accounts for 7% of total global CO2 emissions. As the world faces more effects of climate change every day, the trucking industry striving forward toward a greener, more efficient future. According to an International Transport Forum (ITF) report, Alternative fuel vehicles (AFVs) On the rise, is the deployment of AFVs. This includes electric, hydrogen-electric and renewable natural gas. The deployment of AFVs…
The dashcam (Samsara) is going to get a five-year waiver. This is from the federal regulations which will allow Samsara's dashcam to provide optimal safety levels for drivers. Second Exemption Issued by FMCSA This is the second such exemption by the Federal Motor Carrier Safety Administration (FMCSA) within the last month. It refers to the industrial Internet of Things (IoT). It regranted a five-year waiver to artificial intelligence (AI) startup Nauto.…
File This Under More Opposition to President Donald Trump LAUSD is the latest agency to refuse to include a letter signed by President Donald Trump in food boxes. The food boxes are provided by the federal government. In fact, the food boxes give aid families hit hard by the COVID-19 pandemic. This is really sad. He is our president whether the left, staunch Democrats like him or not. If it…
So, I'm Latino. It's not that big of a deal. To begin with, there's nothing much different about me from white people, black people, Asians, Indigenous. I'm born by myself, I live for myself and I aspire to die beside my best friend: myself. So why is Hispanic Heritage Month so important? It's an opportunity to educate new generations on their ancestors' triumphs and struggles. There's reason to celebrate the…
The Federal Motor Carrier Safety Administration (FMCSA) is proposing a pilot program that allows drivers to take a break on the road. The Split Duty Period Pilot Program allows for drivers of CMVs to have the option to pause their 14-hour shift. Drivers can take an off-duty period of 30 minutes to three hours. This break would not meet the Agency's hours-of-service requirement to complete the delivery within 14 hours.…
Marijuana is becoming a popular choice for truck drivers. While the job requires a sound mind at all times, many drivers are getting in trouble. The use of cannabis is causing concerns among the trucking industry. With so many drivers utilizing the plant in their off-hours, concern for driver safety is increasing. The first monthly report for the Drug & Alcohol Clearinghouse is producing some worrisome numbers. Marijuana remains the…
CA - The state is looking to change the trucking industry by requiring over 100,000 new electric trucks over the next 10 years. The state of California is one of the most environmentally progressive states in the country. With having some of the highest smog regulations, they spearhead the US's environmental issues. Well, now that companies like Tesla and their (albeit slightly ripped off competitor) Nikola are hitting the market,…