New Entries in Trucking Surged in 2020

New Entries in Trucking Surged in 2020

The number of new trucking companies in 2020 was unprecedented. Graph: FTR As freight volumes have risen over time, the U.S. also has seen a steady increase in the number of new for-hire trucking companies authorized each year. Over the past 20 years, the upward trend...
Standard Mileage Reimbursement Decreases for 2021

Standard Mileage Reimbursement Decreases for 2021

The standard mileage reimbursement rate for 2021 will decrease 1.5 cents to 56 cents on Jan. 1, 2021, after declining the same amount in 2020, the Internal Revenue Service announced. For 2021, the agency also decreased the rate for medical or moving purposes for...
Trucking Revenues Rose Nearly $100 Billion Last Year

Trucking Revenues Rose Nearly $100 Billion Last Year

Trucking industry revenues jumped to $796.7 billion in 2018, up from $700.1 billion in the previous year, according to American Trucking Associations’ annual ATA American Trucking Trends 2019 report. “2018 was a year of dynamic growth for the trucking industry,” said...
These 6 States Adopted Essential Traffic Safety Laws

These 6 States Adopted Essential Traffic Safety Laws

California, Delaware, Louisiana, Oregon, Rhode Island, Washington, and the District of Columbia achieved the best ratings in the “2018 Roadmap of State Highway Safety Laws,” which grades states on the adoption of 16 fundamental traffic safety laws.  The...
Let The New Year Be The Year of the Truck Drivers

Let The New Year Be The Year of the Truck Drivers

The New Year always means starting fresh. Including anticipation of big changes for future. This year truck drivers may be looking forward to 2018 more than anyone. The ELD mandate, driver shortages, fuel costs, and e-commerce boom are all components that leverage...