The allowable driver per diem is increasing for the first time in three years. According to the Internal Revenue Service, the per diem for transportation workers will rise to $69 for travel within the continental United States and up to $74 for travel outside the continental United States. Both values...
Hours-of-service relief is part of the response to Minnesota’s record drought
Mother Nature has slapped Minnesota farmers in the face this year. A severe drought has dried up hay harvests, leaving many farmers and cattle ranchers in the dust and spurring a multipronged government reaction that includes, among other things, easing truck driver hours-of-service requirements. ‘This is the first time I've...
The cost of a used truck has doubled in the last year
"Most segments of the used truck market are performing quite well, with widespread price appreciation," says Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager. In the short term, and possibly longer, the fundamentals favor ongoing strength. We've been in the freight market recovery for more...