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Tesla releases semi prices amid a cash-poor situation

PALO ALTO, CA - In the time it'll take you to read this article, Tesla will have burned through more than US$24,000. The electric vehicle manufacturer released price points for its first three fully-electric Class 8 truck models, due to hit the streets in 2019, but industry watchers are also expressing concern over the manufacturer's spending speed and lack of liquidity. Bloomberg reported last week that the company is spending US$8,000 a minute, or nearly a half-million dollars an hour. At that spending rate Tesla will run out of cash in the early morning hours (eastern standard time) of Aug. 6, 2018, according to Bloomberg's math.

OOIDA wants ELD exemption for small businesses

GRAIN VALLEY, MO - With less than a month before the Electronic Logging Device (ELD) mandate comes into effect in the United States the Owner-Operator Independent Drivers Association (OOIDA) has submitted an exemption request for small business carriers. OOIDA has requested at least a five-year exemption for motor carriers classified as small businesses according to the Small Business Administration in the Untied States, and with no attributable at-fault crashes or a Carrier Safety Rating of Unsatisfactory. Todd Spencer, executive vice president of the OOIDA says small-business truckers who have proven their ability to operate safely shouldn't be subjected to the regulation, citing cost as a barrier to obtaining the devices. Spencer also cited self-certification by vendors of the devices as one of the biggest issues brought up by the group, calling the devices unproven and uncertified. "Most small-business motor carriers can ill afford to make these purchases only to learn later that the ELD is non-compliant. Yet they are required to do so or risk violation," said Spencer.
Crisan named one of Canada’s most powerful women preview image Crisan named one of Canada's most powerful women article image

Crisan named one of Canada’s most powerful women

MONTREAL, QC - Andreea Crisan is being called an exceptional young woman who has distinguished herself early in her career. The Chief Operating Officer and Executive Vice President of Andy Transport has been named by the Women's Executive Network as a 2017 Canada's Most Powerful Women: Top 100 Award Winner. Crisan is receiving the Telus Future Leaders Award, given to young women who show tremendous potential to be able to continue to make a mark for years to come.

Livestock haulers to get a 90-day ELD waiver

WASHINGTON, D.C. - The Federal Motor Carrier Safety Administration (FMCSA) is giving carriers who haul livestock a break when it comes to Electronic Logging Devices (ELDs). Regulations come into effect on Dec. 18 making the devices mandatory for carriers in the United States, however the government agency announced it will give a 90-waiver to the agricultural industry, in addition to other efforts to make the transition for fleets easier. The 90-day waiver on the devices will allow agricultural carriers to continue to use paper logging until March 18, 2018 to allow time for the exemption request filed on behalf of the industry to be evaluated, as well as allowing for more input from that segment of the industry. Other efforts have already been announced to help make it easier for fleets to make the move to ELDs, and a significant number of carrier may need the transition period.

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