DieselDiscounts

35% of brokers have authority revoked in bond increase measure, broker group says

Business, Freight Brokers / /

The number of freight brokers disappearing from the federal rolls has been increasing by the hundreds every day since Dec. 1, following the new requirement to carry a $75,000 bond, boosted from $10,000 by the MAP-21 highway funding act passed last year. Today, 35 percent of brokers in business at the beginning of the month […]

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Thousands of brokers lose Authority

Freight Brokers, Owner Operators, Trucker News / /

The number of brokers registered with FMCSA may be dropping — coming on the heels of the enforcement date of the increase in the minimum surety bond required for brokers to carry — but some of the numbers being tossed out don’t represent what’s actually happening, said Chris Burroughs, who’s with the government affairs staff

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Highway Truck Fatalities Rose 8.9% Last Year

Business, Carriers, Owner Operators / /

A new report from the DOT’s National Highway Traffic Safety Administration (NHTSA) states that the number of large truck occupant fatalities increased by 8.9% between 2011 and 2012 up to 697. In 2011, the number of deaths was 20% higher than in 2010. Despite the increase in the past few years, deaths among occupants of

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Illegal Brokerage Among Carriers Still Gray Area

Business, Carriers, Freight Brokers, Freight Factors / /

On October 1, the FMCSA issued a Final Rule that adopts regulations required by MAP-21. The rule includes the provision which sets a minimum financial security of $75,000 for brokers and freight forwarders, including carriers that occasionally broker loads. In the Final Rule, the FMCSA states that compliance with the new rule will cost the

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CSA and improving driver respect are priorities in 2014

Carriers, Trucker News / /

During his luncheon address to fleet executives at the 2013 CCJ Fall Symposium in Scottsdale, Ariz., American Trucking Associations chairman and president of Bullog Hiway Express Phil Byrd, Sr., said three key legislative focuses for ATA in 2014 are electronic logging devices, rolling back the changes to hours-of-service rules, improving components of the Compliance Safety

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Define an OTR Driver

Carriers / /

An over-the-road driver, or OTR driver, can be defined as a person with a transportation job which involves driving a semi-trailer truck long distances. These long-haul drivers might work regionally, or they may travel to any of the 48 states and to parts of Canada. Function OTR drivers pick up and deliver freight, some on

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Flatbed Trucking Jobs

Freight Loads / /

Flatbed trucks are versatile options for transporting outsize loads and items needing little or no protection from the elements. A major advantage of the flatbed truck is it allows offloading without the need for a loading dock, and from any side or from overhead. This allows cranes and forklifts easy access to lift and remove

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What Can an OTR Driver Deduct on Taxes?

Freight Loads, Trucker News / /

Over-the-road (OTR) truck drivers can take advantage of numerous deductions related to their job. Employees can deduct ordinary and necessary job expenses when filling out income tax returns, according to the Internal Revenue Service (IRS). These deductions include anything that has to do with your business of being an OTR employee that is a common

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