Tolls to increase by 5%
The Pennsylvania Turnpike Commission approved another significant tolls increase that will go into effect in early 2023. This marks the fifteenth year in a row that tolls have increased on the Pennsylvania Turnpike. Тhe most-common toll for a Class-5 tractor trailer will increase from $13.70 to $14.40. The new toll rate will go into effect […]
Good news about fuel for truckers
Fuel prices are falling That affect good on truckers, because they spend thousands of dollars for fuel. The national diesel average is $5.268 per gallon as prices have declined for five straight weeks. Recession concerns continue to dictate the market by lowering demand, and the price of crude continues to slide. Prices are trending downward […]
Trucking inflation
Clearly, fuel is a big part of inflationary pressure for transportation, but the shipper is really the one bearing a lot of that cost. The carrier eats the cost at first but then they pass it on. There are potentially some cashflow issues, but we are not seeing a significant problem there yet. They have […]
Keeping truck cargo secure
Truck cargo theft incident reports are up 25% year-over-year and up 6% from May. Over holiday weekends, those numbers trend higher as thieves plot and have extra time to “shop around” for sitting cargo. At the end of 2021 and beginning of 2022, the hot commodity for thieves was electronics. Now, household goods have been […]
Trailer outlook
Two trucking research firms on June 14 reported differing trailer order. They agreed on the market conditions influencing the ups and downs of trailer manufacturing with so much ongoing supply chain uncertainty. Trailer orders for the past 12 months have totaled 250,000. Until next year’s order boards open, the limited availability of build spots in […]
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