| Petro | 11.3% |
| Pilot | 11.3% |
| Flying J | 06.8% |
| TA | 31.8% |
| Loves | 13.6% |
| Other | 13.6% |
| All of the above | 11.3% |
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There are signs that the economy is rebounding and trucking may be among the first industries to reap the rewards. November Class 8 truck orders for North America was up 38% over October, according to the FTR Associates. That is the highest monthly order increase in more than 4 years and the fourth consecutive month that orders increased. This includes orders in the United States, Canada, Mexico and exports.
Eric Starks, president of FTR said, “This can be chalked up as a win for the industry. The fact that truckers are willing to start ordering equipment is certainly a good sign.”
Leasing companies and large fleets pushed those numbers higher, and forecasters say until small and medium-size fleets begin placing orders, “we will continue to be optimistic, but with a degree of caution.”
In another positive sign, lenders say they have capital and are ready to work with trucking companies to borrow money.
Crestmark Transportation Services say now is an ideal time to do a financial tune up and start making plans for the New Year for how they need to operate or grow their business.
Trucking moves America and any resurgence in equipment purchases, financial transactions and an open credit market are good signs for everyone.
Buying a new truck? Insure your truck with Berrier Insurance! We love them big rigs and we specialize in commercial trucking insurance in California, Oregon, Nevada and Arizona. Call us today for a quick comparison quote 888-472-4915.The National Highway Traffic Safety Administration has announced it will launch a rule making on the issue in 2012 on requiring devices to limit speed in trucks.
According to a notice to be published in the Jan. 3 Federal Register, NHTSA is granting two separate petitions for rulemaking filed in 2006 – one by the American Trucking Associations and the other by safety advocacy group Road Safe America along with nine trucking companies -- Schneider National, C.R. England, H.O. Wolding, ATS Intermodal, Dart Transit, J.B. Hunt, U.S. Xpress, Covenant Transport and Jet Express.
Both petitions proposed installation of devices on new trucks that would limit top speed to 68 mph on trucks with gross vehicle weight ratings (GVWR) greater than 26,000 pounds. The major difference between the petitions is that Road Safe America and its nine carrier allies also want speed limiters mandated on all existing trucks built after 1990.
The Owner-Operator Independent Drivers Association is opposed, however. “Speed limiting a truck at 68 miles per hour, or at any other speed, will not improve highway safety,” said Todd Spencer, executive vice president of OOIDA. “All credible highway research shows that highways are safest when all vehicles travel at the same speed and that different speeds for cars and trucks actually increase the likelihood of accidents.”
A study conducted by the University of Arkansas showed that speed limit differences between trucks and cars increase speed differentials, which create more dangerous interactions between trucks and cars, OOIDA said. Also, a study conducted by the University of Michigan Transportation Research Institute shows that speed limited trucks are overrepresented in rear-end fatalities involving large trucks. Four percent of all trucks are speed limited, yet half of the rear-end fatalities involving trucks were with speed-limited trucks, the association pointed out.
NHTSA’s notice granting the petitions does not explain why it won’t begin the rulemaking for more than a year. The notice does mention, however, that NHTSA expects FMCSA to publish findings of a study on the safety impact and associated economic benefits of speed limiters in commercial motor vehicles.
The decision to grant the petitions from ATA and Road Safe America to conduct a rulemaking does not mean that a final rule will be issued, NHTSA said in its Federal Register notice. “The determination of whether to issue a rule is made after study of the requested action and the various alternatives in the course of the rulemaking proceeding, in accordance with statutory criteria.”
Even if NHTSA doesn’t ultimately adopt the specific rule ATA and Road Safe America seek, speed limiters would become more common under another rule NHTSA and the U.S. Environmental Protection Agency already propose related to heavy-truck fuel efficiency and greenhouse gas emissions reduction. Under the EPA/NHTSA proposal, truck manufacturers would face mandates to increase fuel efficiency of tractor-trailers though use of several technologies, including vehicle speed limiters.
More information on the petitions for rulemaking and comments on those petitions are available at http://www.regulations.gov/ by searching NHTSA-2007-26851.
Also if you are in need of affordable truck insurance, stop by at BerrierInsurance.com and ask for a fast, free quote. We have been specializing in trucking insurance in California, Oregon, Nevada and Arizona for almost 30 years. We give you the best protection with quality truck insurance and the lowest price possible and the friendliest staff.
Adelino De-Sousa from Brampton, Ont. was pulled over at one of his regular stops when he discovered that he had the matching numbers for the $6.7 million Lotto 6/49 jackpot from December 11, 2010.
The money couldn't have come at a better time for Adelino, who says his trucking contract was about to run out in June.
"I was sitting in the cab of my truck, looking at a print out of the winning numbers when I realized that they matched the numbers I've been playing for the past twenty years," said De-Sousa through an OLG press release.
"I started tearing up, but then had to control myself because I had to get the truck safely back to Mississauga."
After a stressful drive home in bad weather, De-Sousa was finally able to tell his wife Josie the big news.
Josie says she won some a small money prize at a work function recently and was going to let some of the winnings ride on a 6/49 ticket.
"My coworkers were joking with me that I should buy a 6/49 ticket, that it was my lucky day, but I forgot. And then Adelino won. It was unbelievable!"
We wouldn't bet on Adelino getting back in his truck anytime soon. If you don't have quite the same luck as De-Sousa, make sure you and your truck are properly insured. Berrier Insurance offers the best rates on commercial truck insurance! Contact us and we will give you a free truck insurance quote over the phone at 888-472-4915.
