The Surface Transportation Board will hear from industry stakeholders on ways to solve reciprocal switching over two days in March 2022. Reciprocal switching happens when a shipper has access to one freight railroad but wants to transfer to a nearby competing freight railroad to maintain a competitive pricing environment. President...
Forward Air leads the pack with 7.9% rate hikes for 2022
On Wednesday, Forward Air announced a 7.9% general rate increase (GRI) for tariff-based prices. According to the business, some accessorial and minimum costs will also be increased. The adjustments will take effect on February 1st. Last February, Forward (NASDAQ: FWRD) announced a 6% GRI, while most other less-than-truckload carriers implemented...
A Louisiana trucker was sentenced to 70 months in prison for narcotics trafficking
For cocaine trafficking, a Louisiana owner-operator was recently sentenced to nearly six years in prison. In July, Rusty Ross Honore, 42, of New Iberia, Louisiana, pleaded guilty to a charge of conspiracy to possess with intent to distribute cocaine and marijuana in the United States District Court for the Western...