Motor Cargo Inc

Motor Cargo Inc Freight logistics and transportation provider

Tonnage Jumps in SeptemberTruck tonnage increased on both a sequential and year-over-year basis in September, recording ...
10/20/2021

Tonnage Jumps in September

Truck tonnage increased on both a sequential and year-over-year basis in September, recording a 2021 high mark amid an environment in which a shortage of drivers and trucks is keeping rigs fully loaded on most runs, American Trucking Associations reported Oct. 19.

The ATA For-Hire Truck Tonnage Index was 112.9 in September, an increase of 1.7% compared with year-ago levels, and up 2.4% compared with August’s 110.2 result. For the purposes of the index, the year 2015=100.

“September’s sequential gain was the largest in 2021,” ATA Chief Economist Bob Costello said. “It is good that tonnage rose in September, but it is important to note that this is happening because each truck is hauling more, not from an increase in the amount of equipment operated as contract carriers in the for-hire truckload market continue to shrink from the lack of new trucks and drivers.”

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https://www.ttnews.com/articles/tonnage-jumps-17-september

https://motorcargoinc.com/

Fixing Supply Chain Won’t Be Easy, Experts SayFixing the broken supply chain will take time and patience, substantial am...
10/14/2021

Fixing Supply Chain Won’t Be Easy, Experts Say

Fixing the broken supply chain will take time and patience, substantial amounts of money, imagination by key leaders in the transportation and logistics industry, and significant policy changes.

Those are the conclusions of experts closely watching the upcoming holiday shopping season, but, as they said, the rush to buy items amplifies how stretched the system is.

“What we have is a storm within a storm,” University of Houston Logistics Professor Margaret Kidd told Transport Topics. “Consumers have insatiable demand, and consumers are spending. E-commerce numbers through the second quarter this year are up 57% from two years ago.”

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https://www.ttnews.com/articles/fixing-supply-chain-wont-be-easy-experts-say

https://motorcargoinc.com/

FMCSA issues new driver-ban rules for drug and alcohol abusersStates have until November 2024 to comply with a new requi...
10/06/2021

FMCSA issues new driver-ban rules for drug and alcohol abusers

States have until November 2024 to comply with a new requirement that they ban drivers with drug and alcohol violations from operating a truck before the drivers complete the return-to-duty process.

The rule is scheduled to be posted in the Federal Register on Thursday. It resulted from a 2020 Federal Motor Carrier Safety Administration proposal requiring state agencies to stop issuing, renewing or upgrading commercial driver’s licenses (CDLs) or commercial learner’s permits (CLPs) to drivers with drug and alcohol violations, as well as to downgrade drivers’ CDL and CLP driving privileges within 60 days of notification.

“The CDL downgrade requirement rests on the simple, but safety-critical, premise that drivers who cannot lawfully operate a CMV because they engaged in prohibited use of drugs or alcohol or refused a test should not hold a valid CDL or CLP,” according to FMCSA.

In issuing the rule, FMCSA explained that because most state driver’s licensing agencies (SDLAs) do not receive drug and alcohol violation information about drivers who are licensed in their state, some drivers who are not supposed to be on the road continue to operate trucks with valid licenses. “The rule closes that knowledge gap by ensuring that all SDLAs are able to determine whether CMV drivers licensed in their State are subject to FMCSA’s CMV driving prohibition,” FMCSA stated.

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https://www.freightwaves.com/news/fmcsa-issues-new-driver-ban-rules-for-drug-and-alcohol-abusers

https://motorcargoinc.com/

Getting climate kickbacks from trailer telematics, tank monitoringInvestors, customers and employees are not only concer...
09/30/2021

Getting climate kickbacks from trailer telematics, tank monitoring

Investors, customers and employees are not only concerned with economic practices and financial results of motor carriers. They also want to know what their companies are doing to reduce their environmental impacts.

Some publicly traded motor carriers release annual reports on Environmental, Sustainability and Corporate Governance (ESG), which has become a centerpiece of corporate identity.

Disclosing climate data is already common for motor carriers. Many are benefitting from shippers and 3PLs who are interested in their fuel-saving efforts and achievements that are shared publicly through the EPA Smartway Carrier Partner program.

Within a few years, publicly traded motor carriers might be required to submit emissions reports to the Securities and Exchange Commission (SEC) as the agency is considering more climate-disclosure regulation now that investors are flocking towards climate friendly and socially conscious stocks.

Meanwhile, the EPA is working on a new greenhouse gas emissions standard for heavy-duty diesel engines under the direction of President Joe Biden.

All these pressures and more have made sustainability a concern for fleet owners and executives. When evaluating the latest technology to manage trailer assets, the primary concern is to sustain their business model by improving asset operating ratios and achieving environmental goals.

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https://www.freightwaves.com/news/getting-climate-kickbacks-from-trailer-telematics-tank-monitoring

https://motorcargoinc.com/

August Truck Tonnage Posts First Monthly Gain Since MarchTruck tonnage in August notched its first sequential monthly ga...
09/22/2021

August Truck Tonnage Posts First Monthly Gain Since March

Truck tonnage in August notched its first sequential monthly gain in five months, and dipped just slightly on a year-over-year basis, American Trucking Associations said.

The ATA For-Hire Truck Tonnage Index rose 0.5% in August compared with July, registering a seasonally adjusted 110.3, the federation announced Sept. 21. Compared with August 2020, the index saw a 0.5% decline.

For the purpose of the index, the year 2015 = 100.

“August’s monthly gain, while small, was the first since March,” ATA Chief Economist Bob Costello said. “It is important to remember that ATA’s tonnage data is dominated by for-hire contract freight, with a very limited amount of spot market freight. I continue to believe that tonnage has not recovered to pre-pandemic levels for two main reasons — broader supply chain issues, like semiconductor shortages, as well as industry-specific difficulties, including the driver shortage and lack of equipment.”

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https://www.ttnews.com/articles/august-tonnage-dips-slightly-year-over-year

https://motorcargoinc.com/

Up 5% may not be enough for truckload rates in 2022The plus-5% placeholder suggested as the starting point for contractu...
09/15/2021

Up 5% may not be enough for truckload rates in 2022

The plus-5% placeholder suggested as the starting point for contractual truckload negotiations in 2022 may prove too light according to trucking executives.

Appearing at a Morgan Stanley (NYSE: MS) investor conference, heads from some of the nation’s largest fleets said rates will likely be materially higher again next year, following a mid-teen percentage increase this year. Difficulties finding drivers, other capacity constraints and rising costs are the catalysts.

Up 5% would be ‘disappointing’
Asked if he would be disappointed with a 5% increase next year, Schneider National (NYSE: SNDR) President and CEO Mark Rourke said, “I’d put that on the disappointing side of the equation.”

He said that every metric Schneider uses to gauge fleet performance remains “strong” and that it is hard to observe traditional seasonal patterns as demand has been in peak mode for more than a year now.

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https://www.freightwaves.com/news/up-5-may-not-be-enough-for-truckload-rates-in-2022

https://motorcargoinc.com/

Carriers, Contractors Voice Support for Keeping DOL RuleMotor carriers and independent contractors in written comments e...
04/28/2021

Carriers, Contractors Voice Support for Keeping DOL Rule

Motor carriers and independent contractors in written comments expressed objection to a U.S. Department of Labor proposal to withdraw a rule designed to clarify the federal standard for determining if a truck driver is a contractor or employee.

The agency in January said the rule — issued that month — was designed to promote “certainty for stakeholders, reduce litigation and encourage innovation in the economy.” The proposal to drop the rule drew more than 1,000 comments.

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https://www.ttnews.com/articles/carriers-contractors-voice-support-keeping-dol-rule

https://motorcargoinc.com/

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