Business http://trucker.com/taxonomy/term/7382/more en Roehl to offer $10,000 sign-on/stay bonus http://trucker.com/business/roehl-offer-10000-sign-onstay-bonus <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Paid out in installments, new bonus package aims to attract experienced drivers, motor carrier says. </div> <div class="node-body article-body"><p>Marshfield, WI-based <a href="https://www.roehl.jobs/about-roehl">Roehl Transport</a> is offering a new $10,000 sign-on/stay bonus for experienced truck drivers holding a Class A commercial driver&rsquo;s license (CDL) effective September 25 this year for a limited time only.</p></div> <p><a href="http://trucker.com/business/roehl-offer-10000-sign-onstay-bonus" target="_blank">read more</a></p> http://trucker.com/business/roehl-offer-10000-sign-onstay-bonus#comments Business News Tue, 19 Sep 2017 11:12:00 +0000 22571 at http://trucker.com <p>The bonus will apply to drivers who have a minimum of six months solo, over-the road tractor-trailer experience. (<em>Photo: Roehl</em>)</p> Speedco bought by Love's truck stop chain http://trucker.com/business/speedco-bought-loves-truck-stop-chain <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> The deal beefs up Love's network with the addition of 52 trucking service and lube locations. </div> <div class="node-body article-body"><p><a href="http://www.loves.com">Love&rsquo;s Travel Stops &amp; Country Stores</a> has hammered out a deal with to purchase Speedco, a national network of service locations that provides quick lube and inspection services to truckers, from tire maker Bridgestone Americas &ndash; a transaction subject to the usual regulatory approvals and certain other closing conditions, Love&rsquo;s noted.</p> <p>Financial data regarding the deal wasn&rsquo;t disclosed.</p></div> <p><a href="http://trucker.com/business/speedco-bought-loves-truck-stop-chain" target="_blank">read more</a></p> http://trucker.com/business/speedco-bought-loves-truck-stop-chain#comments Business News Mon, 18 Sep 2017 09:55:00 +0000 22551 at http://trucker.com <p>Prior to the deal&rsquo;s closing, Speedco and Love&rsquo;s said they will continue to operate as separate companies. (<em>Photo: Love&#39;s</em>)</p> 10 Techniques required to be successful in trucking http://trucker.com/business/10-techniques-required-be-successful-trucking <div class="node-body article-body"><p>Many trucking techniques are kept under wraps because of the solitary nature of the business&mdash;a trucker is provided with a truck, a set of keys, a product or item to haul, a place to load, and a location where he needs to deliver the load. All of this creates an atmosphere where sharing knowledge with others is limited. So, here&rsquo;s a list of 10 ways that can help make the job simpler and more financially beneficial to the trucker, the shipper, the receiver, and the trucking company owner.</p></div> <p><a href="http://trucker.com/business/10-techniques-required-be-successful-trucking" target="_blank">read more</a></p> http://trucker.com/business/10-techniques-required-be-successful-trucking#comments Business News Fri, 15 Sep 2017 15:38:00 +0000 22481 at http://trucker.com DAT: Freight flows shifting following hurricanes http://trucker.com/business/dat-freight-flows-shifting-following-hurricanes <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Truck freight is being rerouted in the wake of Harvey and Irma, load board network discerns. </div> <div class="node-body article-body"><p>The one-two punch of hurricanes Harvey and Irma is forcing supply chain managers to re-route their cargoes across the U.S., according to information tracked by <a href="https://www.dat.com/">DAT Solutions</a>, and is also leading to a spike in spot load freight rates.</p> <p>The load board operator noted that, following Hurricane Harvey, some shippers began to supply markets ordinarily served by Houston from regional hubs in the Southeast, including: Atlanta, GA; Charlotte, NC; and Memphis, TN.</p></div> <p><a href="http://trucker.com/business/dat-freight-flows-shifting-following-hurricanes" target="_blank">read more</a></p> http://trucker.com/business/dat-freight-flows-shifting-following-hurricanes#comments Business News Wed, 13 Sep 2017 21:19:00 +0000 22431 at http://trucker.com <p>Troopers from 3rd Force Reconnaissance Company, 4th Marine Division, Marine Forces Reserve, load up in preparation for Hurricane Irma rescue missions. (<em>Photo: U.S. Marine Corps Lance Cpl. Niles Lee</em>)</p> Shippers and freight brokers: What you need to know http://trucker.com/business/shippers-and-freight-brokers-what-you-need-know <div class="field-byline"> By Jeremy Robinson, Tetra Capital </div> <div class="field-deck"> Open and clear communication is essential to ensuring a trucker gets properly paid for services rendered to a shipper and/or broker. </div> <div class="node-body article-body"><p><em>Jeremy Robison is the president of </em><a href="http://www.tetracapital.com"><em>Tetra Capital</em></a><em>, an independent company offering freight bill factoring services to trucking companies of all sizes. He&rsquo;s dealt with a variety of trucking fiscal issues over his career, including equipment financing, equipment purchasing, lease operator programs, driver recruiting, plus payroll and equipment maintenance. He draws from that experience here to provide owner-operators with some advice regarding interactions with shippers and brokers. </em></p></div> <p><a href="http://trucker.com/business/shippers-and-freight-brokers-what-you-need-know" target="_blank">read more</a></p> http://trucker.com/business/shippers-and-freight-brokers-what-you-need-know#comments Business News Tue, 12 Sep 2017 17:46:00 +0000 22411 at http://trucker.com <p>&quot;It is important to the success of your trucking business to find established, reliable and trustworthy shippers and brokers as your money lies in their hands.&quot; &mdash;Jeremy Robinson. (<em>Photo: Sean Kilcarr/American Trucker</em>)</p> DAT: Truck capacity falling in wake of Hurricane Harvey http://trucker.com/business/dat-truck-capacity-falling-wake-hurricane-harvey <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Truckload freight rates are also climbing in the wake of the storm that hit Texas nearly two weeks ago. </div> <div class="node-body article-body"><p>Available truckload capacity declined 4.3% during the week that ended on Sept. 2, <a href="http://www.dat.com/industry-trends/trendlines">according to data</a> tracked by <a href="http://www.dat.com/">DAT Solutions</a>, which operates the DAT network of load boards &ndash; even as freight availability increased on the spot market by 2.9%</p> <p>National average freight rates also jumped up compared to the previous week, DAT said:</p></div> <p><a href="http://trucker.com/business/dat-truck-capacity-falling-wake-hurricane-harvey" target="_blank">read more</a></p> http://trucker.com/business/dat-truck-capacity-falling-wake-hurricane-harvey#comments Business News Thu, 07 Sep 2017 09:08:00 +0000 22331 at http://trucker.com <p>Tractors line up just outside San Antonio to haul emergency relief supplies into areas affected by Hurricane Harvey. (<em>Photo: U.S. Air Force</em>)</p> Value of truck loads stolen on the rise http://trucker.com/business/value-truck-loads-stolen-rise <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Ongoing training and “layered security” viewed as best way to deter cargo thefts. </div> <div class="node-body article-body"><p>Cargo thieves are stealing freight loads with higher values, according to annual theft trend analysis conducted by <a href="http://www.cargonet.com/">CargoNet</a>, and trucking companies large and small are being urged to take a variety of precautions to ensure the shipments they haul won&rsquo;t be pinched.</p> <p>According to the firm, the value of loads lost increased in 2016, with the trucking industry as a whole suffering 864 cargo theft incidents with an average loss of $203,913 per load.</p> <p>Other key takeaways from the report released by CargoNet include:</p></div> <p><a href="http://trucker.com/business/value-truck-loads-stolen-rise" target="_blank">read more</a></p> http://trucker.com/business/value-truck-loads-stolen-rise#comments Business News Thu, 31 Aug 2017 18:39:00 +0000 22271 at http://trucker.com <p>Layered security and more cooperation between motor carriers and shippers seen as critical to thwarting cargo theft. (<em>Photo: Sean Kilcarr/American Trucker</em>)</p> Hurricane Harvey will unbalance freight flows for a while http://trucker.com/business/hurricane-harvey-will-unbalance-freight-flows-while <div class="field-byline"> By Noël Perry, Truckstop.com </div> <div class="field-deck"> More than merely delaying and marooning trucks, severe weather can disrupt supply chains and the truck circuits that serve them. </div> <div class="node-body article-body"><p><em>When it comes to analyzing truck freight trends, no one does it better than No&euml;l Perry, a partner at research firm <a href="https://ftrintel.com/">FTR Transportation Intelligence</a> and chief economist for <a href="http://www.truckstop.com/">Truckstop.com</a>. Perry spent 30 years in senior research positions at TL carrier Schneider National, engine maker Cummins Inc. and railroad conglomerate CSX, before becoming an independent transportation analyst.</em></p></div> <p><a href="http://trucker.com/business/hurricane-harvey-will-unbalance-freight-flows-while" target="_blank">read more</a></p> http://trucker.com/business/hurricane-harvey-will-unbalance-freight-flows-while#comments Business News Thu, 31 Aug 2017 17:42:00 +0000 22261 at http://trucker.com <p>Tractor-trailers parked and waiting for instruction on where to stage their trailers carrying relief supplies for victims of Hurricane Harvey. (<em>Photo: U.S. Air Force Tech. Sgt. Chad Chisholm</em>)</p> DAT: Harvey’s impact on freight rates still to come http://trucker.com/business/dat-harvey-s-impact-freight-rates-still-come <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> Load Board firm noted a “continuation of unusually high demand” for truckload capacity during the week ending August 26. </div> <div class="node-body article-body"><p>The impact of Hurricane Harvey, which made landfall in Texas back on Aug. 25, on supply chains and spot truckload rates&nbsp;won&rsquo;t&nbsp;be fully reflected until next week, according to analysis <a href="http://www.dat.com/industry-trends/trendlines">DAT Solutions</a>,&nbsp;which operates a U.S. load board network.</p></div> <p><a href="http://trucker.com/business/dat-harvey-s-impact-freight-rates-still-come" target="_blank">read more</a></p> http://trucker.com/business/dat-harvey-s-impact-freight-rates-still-come#comments Business News Wed, 30 Aug 2017 12:22:00 +0000 22231 at http://trucker.com <p>Looking ahead, spot rates are expected to rise for loads heading into Houston and staging areas for relief freight&nbsp;including San Antonio and Dallas in Texas, along with Lafayette, Louisiana. (<em>Photo: Texas Military Department</em>)</p> Freight firm: Harvey will disrupt 7% of trucking industry http://trucker.com/business/freight-firm-harvey-will-disrupt-7-trucking-industry <div class="field-byline"> American Trucker staff </div> <div class="field-deck"> The main trucking impact from Hurricane Harvey will be regional, according to FTR Transportation Intelligence, but the storm will affect capacity across the entire U.S. </div> <div class="node-body article-body"><p>According to analysis by freight research firm <a href="https://ftrintel.com/">FTR Transportation Intelligence</a>, Hurricane Harvey will &ldquo;strongly affect&rdquo; over 7% of U.S. trucking over the next two weeks, with some portion of that fraction out of operation entirely.</p> <p>During the first week, almost 10% of all U.S. trucking will be affected, the firm said; a number that jumps near 100% for the Gulf Coast region west of the Mississippi.</p></div> <p><a href="http://trucker.com/business/freight-firm-harvey-will-disrupt-7-trucking-industry" target="_blank">read more</a></p> http://trucker.com/business/freight-firm-harvey-will-disrupt-7-trucking-industry#comments Business Equipment News Tue, 29 Aug 2017 12:35:00 +0000 22201 at http://trucker.com <p>As of Aug. 28, roughly 2.2 million barrels per day of Texas petroleum refining capacity remained down, according to the EIA. (<em>Photo: Texas Military Department</em>)</p>