One of the trucking industry’s leading economists says the abrupt shutdown of New Brighton, Minn. -based carrier LME Inc. is an indication that trucking companies that are poorly run could be in deep trouble if the economy slows.
More than 3.5 million truck inspections occur annually across North America, and in 2018, more than half of the roadside inspections resulted in a violation being discovered.
It’s all because shipping demands are rising in tandem with driver vacancies. For large carriers, this means a driver turnover rate as high as 94% while shipping demand, particularly for spot freight loads, is booming.
That was part of the Bibby Financial Services seminar March 28 at the 48th annual Mid-America Trucking Show in Louisville, KY. The information was presented by Mary Ann Hudson, executive vice president of Bibby Transportation Finance, which surveyed 250 trucking businesses with between 1 and 100 trucks, from Jan. 1 to Feb. 28.
IIS Smart Parking solutions for trucks at rest stops are up and running. Installations were recently completed in Ohio, part of the Mid America Association of State Transportation Officials (MAASTO) initiative, which unites eight Midwestern states in the nation’s first Regional Truck Parking Information Management System(TPIMS).
LAS VEGAS. Bob Perry believes his new box can play a big role in improving the health of the nation’s truck drivers.
The box is from the just launched CDLMeals, which offers a pre-packaged, healthy meal delivery service. Beyond the balanced meals made from scratch, the box acts as a “driver healthy handbook,” providing nutrition and fitness information tailored for the tough lifestyle of truck drivers.