In The News

July 28, 2014
Trailer Orders Soar

Trailer Orders Soar 43.9%; Strongest June in 15 Years...


Through the first half of 2014, trailer orders have soared 45% to 155,664 from 107,336 last year. That was the best first-half total ince 2006, when the industry accumulated 161,458 orders in the first six months on the way to a full-year total of 286,540.

In comparison, during the low point of 2009, first-half orders were only 42,364.

ACT analyst Frank Maly said tight capacity and the need for replacement equipment continue to drive demand for new trailers.

In addition, “It certainly seems that fleets are starting to add,” he said.

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July 21, 2014
Scam Letters

DOT, FMCSA issue warning on Equifax scam letter...

The U.S. Department of Transportation and the Federal Motor Carrier Safety Administration are warning motor carriers to be on the lookout for a new fraud scheme designed to get banking and financial information from unsuspecting victims.

 The letter targets motor carriers who are registered as prospective contractors for procurements issued by the federal government, and it requests a financial information release.

 According to the DOT website, the agency does not actually require any financial information be submitted in order for a motor carrier to be eligible for procurements.

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July 14, 2014
Strike Ends

Port Truckers End Strike...

After a five-day unfair labor practice strike at the Ports of Los Angeles and Long Beach, striking port truck drivers voted unanimously to agree to a “cooling off” period late Friday, after it was requested by L.A. Mayor Eric Garcetti.

The port drivers made the agreement after the trucking companies said they would accept all drivers back to work without retaliation and without drivers being forced to sign away all future rights in new truck leases, according to the Teamsters-supported group Justice for Port Truck Drivers. Truckers returning to work on their regular shifts.

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