Transportation
Large Carriers Lead on Rates, Driver Retention, Revenue
INDIANAPOLIS, IN -- Bigger fleets are leading the industry when it comes to bringing in the most money, at least in the U.S. That's according to the finding of a second annual trucking operations benchmarking survey from the accounting firm of Katz, Sapper & Miller (KSM) and trucking software provider McLeod Software.
Spot Freight Market Rebounds, Best in Three Months
TORONTO - A measure of the spot freight market closed out September on an up note, following two consecutive months of disappointing load volume. The TransCore Link Logistics Canadian Freight Index picked up modestly with load volume increasing 7 percent from the month before but was still down 25 percent compared the same time last year. This put the index at 210 for September, its best reading since June when it registered 263.
Audit Finds Vancouver Port Truckers Underpaid
VANCOUVER, BC - Truck drivers serving Port Metro Vancouver have been underpaid by container trucking companies as part of a settlement following a March 2014 strike at the port, according to an audit, while the union representing truckers is challenging a new truck licensing system at the facility. According to Office of the British Columbia Container Trucking Commissioner, six audits of fleets have been completed. It found they did not meet their obligations to pay their drivers rates retroactive to early April 2014, as required. The commissioner's office is currently evaluating what sanctions it will take against the six licensees.
