Touch-A-Truck event returns to Oshawa
Another House Bill Aims to Delay ELD Rule
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Photo: Paccar Financial
">Photo: Paccar Financial
">Another Hail Mary Pass has been flung to try and slow the advance of the electronic logging device rule. On July 18, Rep. Brian Babin (R-TX) introduced the ELD Extension Act of 2017 (H.R.3282) to extend the current initial implementation date for the ELD mandate from December 2017 to December 2019. The bill has been referred for consideration by the House Transportation and Infrastructure Committee.
The day before Babin's bill came out, the House Transportation Committee attached a rider to the DOT funding bill that could end up delaying or repealing the electronic logging device mandate.
Both Babin's bill (either as a standalone act or attached to other legislation) and the committee's rider would have to survive the legislative maw of the House and Senate — even tougher to do in this very turbulent year on Capitol Hill — to end up as final legislation and then be signed into law by President Trump before the ELD mandate could be slowed or stopped.
The political reality is that it is only remotely possible that either measure will become law. And even if one did, it would more than likely not be in place before the mandate kicks in this December.
The Owner-Operator Independent Drivers Association applauded the new bill. “We thank Rep. Babin for realizing the serious problems associated with implementation that can only be avoided by putting off the mandate,” said Todd Spencer, OOIDA executive vice president.
“The agency has failed to answer important questions from Congress and industry stakeholders about this mandate,” he continued. “This includes issues related to enforcement, connectivity, data transfers, cybersecurity vulnerabilities, and many other legitimate, real-world concerns.”
Related: Could House Bill Slow or Even Stop ELD Rule?
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What to expect at the first NACV show
Proposed legislation could delay U.S. e-log mandate
Spot Freight Market Returns to Normal Following Holiday Surge
The spot truckload freight market returned to seasonal norms during the week ending July 15 as the number of posted loads increased 35% and truck posts added 28%, according to DAT Solutions and its network of load boards.
Higher demand did not lead to higher rates, however, as urgency subsided during the first full week after the Fourth of July holiday. National average spot van, refrigerated, and flatbed rates all settled down.
The top 100 van lanes hit records for volume last week and van load posts increased 21% and truck posts increased 30% nationally. That caused the van load-to-truck ratio to decline 7% to 5 to 1.
The national average van rate fell to $1.83 mile, down 7 cents after a 10-cent gain the week before but still 3 cents higher than the June average.
Prices were lower in the Southeast, South Central, and Northeast regions. Allentown, Pennsylvania, lost 11 cents for an average of $2.03 per mile and Philadelphia dropped 4 cents to $1.70 per mile. All reported rates include fuel surcharges.
Other major van markets also showed declines over the past week:
Los Angeles: $2.21 per mile, down 8 centsCharlotte: $2.25 per mile, down 8 centsAtlanta: $2.20 per mile, down 5 centsDallas: $1.78 per mile, down 6 centsHouston: $1.84 per mile, down 5 centsReefer load posts increased 27% week-over-week while truck posts were up 17%. The national load-to-truck ratio increased 8.5% to 9 to 1. The national average rate retreated 5 cents to $2.12 per mile, matching the June average.
Despite the overall decline, the range for reefer rates is wide with outbound freight paying $1.62 per mile from Lakeland, Florida to $2.75 per mile outbound from Green Bay.
Flatbed volumes didn't slip as expected in the first half of July. Instead, there were 52% more loads posted last week than the week before, and ...Read the rest of this story
Trailer orders rebounded in June
Trailer orders reached 18,900 units in June, according to data tracked by research firm FTR Transportation Intelligence, rebounding from May with a month-over-month improvement of 12% and posting a 58% increase over June 2016 order levels.
Overall, trailer orders now total 261,000 units for the past twelve months with production rising a “surprisingly” 5% from May primarily for dry van and refrigerated units, noted Don Ake, FTR's vice president of commercial vehicles.
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Canadian shippers recognize top carriers