American Trucking Associations told the Federal Motor Carrier Safety Administration it supports the agency’s proposal to require motor carriers to install devices to record drivers’ hours of service electronically, but urged the agency to address important device design and performance requirements.
Even with some signs of economic improvement apparent, capacity in the trucking market remains tight and is likely to remain that way for a while. This is especially true when looking at the possible impact on capacity that may be caused by CSA 2010 by the Federal Motor Carrier Safety Administration (FMCSA).
Truckload carriers are holding onto rate increases despite a decline in truck tonnage and loads, according to a report from Jefferies Equity Research Americas. Despite this slower load growth, dry van truckload pricing jumped 9.6 percent in March.
Patrick Burnson discusses how supply chain velocity is always a shipper concern, but cargo security remains one of the highest priorities for seaports throughout the Western Hemisphere.
Seasonally adjusted for-hire truck tonnage fell 0.7 percent in April, decelerating from a revised 1.9 percent gain in March. According to the American Trucking Associations, this decrease doesn’t change their forecast for moderate growth in 2011.
– Ben Dundas, Web Analyst