28 Mar ELD Mandate Law Enforcement Grace Period Is Almost Over The three-month law enforcement grace period for trucks to be equipped with electronic logging devices is almost over. As of April 1, drivers caught without ELDs are due to be placed out of service for 10 hours, and may have points added to their Compliance, Safety, Accountability program scores, or could even be assessed a civil fine. Read more...
28 Mar Driver Pay, Bonuses Rise as Carriers Seek Scarce Truckers Truck driver pay and compensation increased through 2017 and into the first quarter as carrier demand for qualified drivers to carry freight nationwide kept rising, according to two new reports. Read more...
28 Mar Supply Chain Technology Leads M&A Wish List A flurry of recent investments and merger and acquisition activity suggests 2018 could be an active year for purchases in third-party logistics and for technology firms that provide usable data and an open view of the supply chain. Read more...
28 Mar Toyota Warns That Some Rivals Are Skipping Steps in Race to Autonomy As the global auto industry vies to deploy driverless cars, some contenders may be cutting corners in a bid to get ahead, warned Jack Hollis, group vice president of U.S. sales for the Toyota brand. Read more...
28 Mar ARTBA Asks DOT to Repeal Financing Rule for Patented Products The American Road and Transportation Builders Association submitted a petition March 27 asking the U.S. Department of Transportation to repeal a rule regarding federal funding for patented safety products. Read more...
28 Mar Pending Home Sales Increase for First Time in Three Months A gauge of signed contracts to purchase previously-owned U.S. homes increased in February for the first time in three months, highlighting uneven progress in the industry, according to data released March 28 from the National Association of Realtors in Washington. Read more...
28 Mar Google Backs Startup Working on Remote-Controlled Driverless Cars Gradient Ventures, an early-stage venture fund within Google, is leading a $6 million investment in a new company that’s building software to let humans control cars remotely. Read more...
28 Mar FMCSA Seeking Public Comment on Rules for Automated Commercial Vehicles The Federal Motor Carrier Safety Administration is seeking public comment through May 10 on regulations that may need to be updated, modified or eliminated to “facilitate the safe introduction of automated driving systems for commercial motor vehicles.” Read more...
28 Mar MATS Draws Drivers and Recruiters in Hot Freight Market LOUISVILLE, Ky. — Vendors selling everything a truck driver could want filled the West Wing of the Mid-America Trucking Show like an industrial-grade flea market. Alongside them, fleet recruiters angled from their booths to chat with drivers who strolled the crowded aisles. Read more...
28 Mar Warehouses Are Now Worth More Than Offices, Thanks to Amazon While China slams the brakes on buying trophy properties and the retail apocalypse draws nigh, something less sexy but striking is going on in real estate. Read more...