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Jul 16, 2010

TRUCKING INDUSTRY NEWS * USA & Canada

* Michigan - Con-way Introduces Double-Stacked Trailers

Ann Arbor,MI,USA -Transport Topics -15 July 2010: -- Con-way Inc. said Wednesday it has introduced DoubleStack trailers to add more freight to its fleet’s trucks... It has initially converted 100 of its standard 53-foot truckload trailers to double stacks, with additional unit conversions planned for later this year, which it said was based on customer demand... The racking system allows for loading of cargoes on two separate, adjustable levels throughout the length of the trailer, accommodating shipments of different dimensions while more fully utilizing the trailer, it said... (Image from dpcexperts.com/images: Diagrams trailer case goods)


* Florida - Truckload Demand Pushes Landstar Profit Up 36 Percent

Jacksonville,FL,USA -The Journal of Commerce Online -Jul 15, 2010: -- Surge in brokerage demand, revenue gives carrier record loads in second quarter... Landstar System expanded its profit 36 percent in the second quarter to $24.4 million with a record number of truckload moves and said it expects to maintain a strong recovery in demand through the third quarter... The improvement came on a 31 percent increase in revenue over the same quarter a year ago, to $641.7 million, which was 17 percent better than Landstar’s revenue in the first quarter... Landstar hauled 65,280 more loads in the second quarter than it counted a year ago, a 20 percent improvement that gave the company record load counts for what it calls its business capacity owners and its third-party truck brokerage carriers...


* DC - FMCSA cuts insurance reporting red tape. The rule change is essentially a paperwork cleanup by the agency

Washington,DC,USA -Land Line Magazine -July 16, 2010: -- The Federal Motor Carrier Safety Administration has eased the insurance reporting burden on motor carriers with a recent regulation change... In late June, the agency published a final rule in the Federal Register that eliminates the requirement for most for-hire common motor carriers and freight forwarders to maintain and file paperwork proving a minimum amount of cargo insurance. Household goods motor carriers and freight forwarders will still be subject to minimum insurance and reporting requirements... The agency noted that motor carriers typically have cargo insurance well in excess of the regulatory requirements – because many shippers require that insurance as a part of doing business...


* DC/USA - FMCSA changes insurance requirements for Canadian motor carriers

Washington,DC,USA -Land Line Magazine -July 16, 2010: -- Canada-based motor carriers that run in the U.S. will no longer have to buy an insurance policy from a U.S. insurance carrier, thanks to a rule change recently published by FMCSA... The Federal Motor Carrier Safety Administration published a final rule in the Federal Register in early July, which addressed the requirement that Canadian motor carriers must have a U.S. insurance policy to run in the States... Beginning Aug. 2, the agency will accept insurance policies issued by Canadian insurance companies authorized to sell such policies in the province or territory where the motor carrier is based... The rule does not change the minimum levels of insurance Canadian motor carriers must maintain to operate in the U.S. It just no longer dictates that the policy has to be written by a U.S.-based insurance provider...


* Illinois - Truckers oppose congestion tolls on Chicago roadways

Chicago,ILL,USA -Land Line Magazine, by David Tanner -July 14, 2010: -- Truckers have been paying variable rates to run Chicago area tollways for a few years, but a new study suggests the state could implement congestion tolls on other roadways, including some currently toll-free lanes... The study commissioned by the Illinois Tollway Authority and the Metropolitan Planning Council suggests that congestion pricing could be implemented on seven miles of the existing reversible lanes on the Kennedy Expressway. The Kennedy is part of I-90/I-94, which means any toll scheme would have to meet federal approval... Don Schaefer, executive vice president of the Mid-West Truckers Association, says any toll scheme involving existing highway capacity is going to meet with opposition... The study author, Wilbur Smith & Associates, stated that the average Chicago driver spends more than 50 hours stuck in traffic, leading to $7.3 billion in wasted fuel and other environmental damages... (Photo from farm2.static.flickr: Chicago Skyline from John F. Kennedy Expressway, 1990)

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1 Comments:

Blogger Unknown said...

Nichole said: "They improve efficiency because they allow trucks to consolidate freight -- an important way to improve efficiency in a still-shaky economy."

1:34 PM  

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