The FMCSA plans an online survey to determine driver seat belt usage after recent data shows an increase in fatalities from unrestrained drivers.
On Wednesday the American Transportation Research Institute (ATRI) released a report that examined causes and impacts of predatory heavy-duty towing. The report defined predatory towing in which “a T&R [towing and recovery] company egregiously overcharges, illegally seizes assets, damages assets by use of improper equipment, or illegitimately withholds release of a truck, trailer, and/or cargo.”
The trucking business is often cyclical, and understanding the changes in profitability is a great barometer for the general macroeconomic outlook.
FreightWaves Market Expert Zach Strickland speaks with Associate Editor JP Hampstead about this week’s rate changes as we enter peak season and Thanksgiving.
