Bulk Freight News & Industry Updates - Stay Ahead in Trucking

http://www.trucker.com/trucks/kenworth-launches-website-dedicated-used-trucks Kenworth Truck Co. is launching a special dedicated website for its Kenworth Certified Pre-Owned program at www.KenworthCertified.

https://www.reuters.com/article/us-archer-daniels-restructuring/adm-restructures-business-groups-as-grain-margins-falter-idUSKBN1GV276 CHICAGO (Reuters) - Archer Daniels Midland Co said on Monday that it would restructure its business units, as the U.S. agricultural merchant seeks ways to remain competitive in the face of persistent tight mar

https://www.freightwaves.com/news/shippers-contract-rates For the first time in years, quarterly conference calls with major shippers are talking about transportation cost headwinds have a profound impact on their profit margins. In fact, freight transportation as a percent of the costs in the economy is greater than that of oil prices. If the freight market is inflationary, it has a tremendous impact on the margins o

https://www.wsj.com/articles/knight-swift-buys-trucker-abilene-motor-express-1521223022 Purchase brings 400 trucks and signals the U.S. leader in truckload transport may be back in the market for more acquisitions

https://www.freightwaves.com/news/trala-fmcsa-eld-exemption The Truck Renting and Leasing Association submitted the request earlier this week. The exemption is requested until the final day of 2018 "for all drivers of property-carrying commercial motor vehicles rented for 30 days or fewer," according to the Federal Register notice posted by FMCSA.

https://www.dtnpf.com/agriculture/web/ag/news/world-policy/article/2018/03/15/anheuser-busch-among-companies-tax OMAHA (DTN) -- The two largest general farm organizations have a different take on what should happen with the Section 199A tax provision, but 77 separate businesses in 28 states also have written a letter to Congress calling on lawmakers to fix the pro

https://mississippitoday.org/2018/03/15/hauling-bill-opposed-by-transportation-experts-awaits-governors-signature/ A proposal to increase the weight limit for hauling timber and other farm products now awaits the governors signature to become law despite opposition from top transportation officials.

https://www.freightwaves.com/news/insurance-and-risk/3pl-insurance-coverages The jury assigned 60% of the blame on Hatfield, who was charged with two counts of driving under the influence, and 40% of the blame on the brokerage operation of J.B. Hunt, which contracted with Hatfield to move the load. The jury determined that J.B. Hunt did not perform a sufficient check of Hatfield and if it had, it ne

http://www.richmond.com/news/local/central-virginia/amelia/amelia-man-dies-after-being-buried-in-soybeans-in-grain/article_46c20866-7181-5af5-9b4b-0947798ae7d3.html The Amelia Sheriffs Office was called about 5:15 p.m for a report of a man trapped in a grain bin on a farm in the 13000 block of Genito Road,

https://www.tapinto.net/articles/ag-truck-drivers-get-another-90-day-exemption-fro WASHINGTON, D.C. On March 14, 2018 the U.S. Department of Transportations (DOT) Federal Motor Carrier Safety Administration (FMCSA) announced an additional 90-day temporary waiver from the ELD rule for agriculture related transportation.

https://www.canadianunderwriter.ca/insurance/insurers-tips-trucking-clients-not-lose-loads-1004128671/ Linked to the involvement of organized crime, cargo theft is described as an epidemic in Canada, with a total loss of $181 million in stolen cargo and equipment between 2014 and 2017.

https://www.reuters.com/article/usa-tax-agriculture/u-s-lawmakers-find-fix-on-grain-cooperative-tax-break-lobbyists-idUSL1N1QV1ZU CHICAGO, March 13 (Reuters) - U.S. lawmakers have agreed to language revising a portion of the new tax code that gave farmers a massive tax break for selling grains to cooperatives rather than private firms, agriculture

https://www.trucks.com/2018/03/13/agriculture-truckers-eld-reprieve-fmcsa/ As time runs out for most truckers to install a digital device that tracks their driving time ahead of the April 1 deadline, the Federal Motor Carrier Safety Administration granted agriculture industry truckers a second 90-day reprieve from complying with the new rule.

With few regulations and the support of Gov. Doug Ducey, Arizona has become a haven for self-driving cars. Take a quick walk through downtown and you'll see self-driving Uber SUVs picking up passengers and navigating traffic.

Several national and state groups continue to educate U.S. grain facilities about compliance with new rules for the handling, transportation and storage of food, and animal feed, that are part of the Food Safety Modernization Act (FSMA). Many are still working with the FDA on behalf of the ag industry to clarify several of the new complicated rules, with National Grain and Feed Association (NGFA) and the Minnesota Grain and Feed Association (MGFA) being two of those groups.

Agriculture did not become a major industry in this country until transportation infrastructure was put in place for farmers to deliver their excess production to markets off the farm. Roads had to be built to deliver food to cities, and to shipping points for further delivery, such as rivers, canals, and rail.

The positive view for 2018 performance at Union Pacific delivered Tuesday by its CFO took some of its cues from what Rob Knight is seeing in the trucking market. "If I look at what is happening in the trucking space, where the truck is our competitor, we like the signs we're seeing," CFO Knight said at the J.P. Morgan Aviation, Transportation & Industrials Conference. "I hear record pricing announcements. The stars are aligning when we look at what's happening in the truck market."

BILLINGS - New regulations that will have a negative impact on Montanas livestock industry are just a few days away from being implemented. And both livestock producers and livestock haulers are concerned.

FRESNO, Calif. (KFSN) -- Economic Development Commission and private companies team up to match people looking for work with a high demand industry.

Being a Star Wars fan and with The Last Jedi coming out, I thought of a unique way to explain nexus created by your clients who use their own companys trucks and realized this could be more challenging then avoiding a Jedi mind trick.

Even though farm income has halted its rapid decline, 2018 looks to be another year of tight profit margins. USDA forecasts net farm income, a broad measure of profits, will decline nearly 7% from 2017 to just under $60 billion for this year. This would be its lowest in nominal terms since 2006. Net cash income is forecast to decline 5% to $91.9 billionits lowest since 2009.

https://www.dglobe.com/business/agriculture/4414884-how-minnesotas-grain-elevator-operators-plan-cope-higher-risk PRIOR LAKE, Minn. Directors of Minnesota cooperative grain elevators are the "guardians" of those business and must be keenly aware of marketing risks and policies, especially when markets are volatile and farm-customers are facing cash flow p