In The News

September 15, 2014
Appreciation Week

TBS honors our nation's truck drivers during National Truck Driver Appreciation Week...

Sept. 14-20 is National Truck Driver Appreciation Week and TBS Factoring Service is honoring the millions of men and women who deliver America’s freight by suspending transfer service charges on loads factored that week.

Truckers factoring with TBS that week will enjoy free wire transfers, ACH, and EFS funding, plus free FedEx and document scanning.

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September 08, 2014
Index Indicates Extreme Pressure on Available Capacity

Index indicates abundant cargo and carrier shortage will continue...

FTR’s Trucking Conditions Index increased to a reading of 8.49 for July, one of the highest points this year. The high values reflect rising prices and service lapses caused by the current capacity crisis. FTR says the TCI could go even higher this fall if the economy accelerates as expected.

Truck utilization remains within 100 basis points of record levels, meaning that any additional growth in the economy and associated freight will strain capacity even further, pushing shipping rates higher.

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September 02, 2014
FMCSA Will Study Driver Pay Impact on Safety

The Federal Motor Carrier Safety Administration has begun a study of the relationship between safety and driver pay.

The agency is asking for comments on a plan to see if there is a connection between industry pay practices and safe driving.

The issue arises from concern that drivers who are not paid for time waiting to load or unload are forced into unsafe practices in order to make a living.

“It is essential to recognize that professional drivers should be compensated for all time on duty. That’s integral to achieving the overall safety mission,” former agency chief Anne Ferro recently said.

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