Transport Guilbault acquires Ideal Logistics Solutions

Could consolidation solve trucking’s overcapacity problem?

It's been bandied about for a while within industry circles that there may just be too many trucks on the road right now compared to the level of freight demand; a reason cited by more than a few observers for the downward pressure on rates motor carriers have experienced for much of the year.

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Bank of America profit rises as consumer bank hits profit ‘milestone’

Chief Executive Officer Brian Moynihan spoke glowingly of a broad turnaround in the consumer business that began in 2009, calling its $2 billion in quarterly profit a "milestone" on a call with analysts on Tuesday. The business recently has been benefiting from the cost cuts as well as improved technology, growth in deposits and a focus on higher-quality borrowers, Moynihan said. In the second quarter, the division managed to increase deposits at a lower cost and use those cheaper funds to fuel loan growth, helping it to record a higher profit than any other unit.

House Committee Slaps Anti-ELD Riders onto THUD Bill

The House Transportation Committee has attached a directive to this year's Transportation, Housing and Urban Development (THUD) appropriations bill that could end up delaying or repealing the electronic logging device mandate set to go into effect on Dec. 18. Also added to the bill was a directive calling for a review of the technology platforms of ELD suppliers.

The committee voted 31-20 late in the evening of July 17 to send the bill to the full House. The legislation also moves forward with a rider long sought by trucking interests that would prevent states from enacting laws dictating meal and rest break requirements for truckers.

Also still included is a rider that would prevent advancing a safety-fitness determination rulemaking until the DOT Inspector General has issued certain certifications required by law.

As for ELDs, the House THUD bill now directs the Department of Transportation “to analyze whether a full or targeted delay in ELD implementation and enforcement would be appropriate and, if so, what options DOT has within its statutory authority to provide temporary regulatory relief until all ELD implementation challenges can be resolved.” In addition, the Federal Motor Carrier Safety Administration is directed to “provide a report on its findings to the House and Senate Committees on Appropriations within 60 days of enactment of this Act.”

The second directive calls for the Federal Motor Carrier Safety Administration to review ELD manufacturers technology platforms of ELD suppliers “to confirm that devices not only meet standards and specifications necessary for all affected industries and fleet sizes to be compliant, but also provide a user interface that is reasonably easy to navigate.” There is no deadline for complying with this order.

In its report on the bill, the committee justified its concern by noting the “heavy burden of this mandate, especially on small ...Read the rest of this story

Q. Can I still run paper logs on a ‘99 or older truck?

A. In short, 1999 and older vehicles will continue to be able to utilize paper log books. For more information please visit our HOS White Paper.

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Drivewyze expands bypass services in North Carolina

When Drivewyze expands its number of active sites in North Carolina around Aug. 1, the weigh station bypass service will be available at a total of 16 locations in the Tar Heel State.

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Loizzo named new vice president, sales at Modagrafics

Modagrafics announced it has chosen Michael Loizzo to serve as the company's vice president of sales. He will report directly to company president and CEO Paul Pirkle.

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