jUNE Industry News Graphic

June Industry News Update

Every month, we’ll be sharing some of the top stories in logistics and transportation right here in our blog. Here’s a look at some of the top industry stories making headlines in June.

Driver focused inspection spree set for July 15-21

The Commercial Vehicle Safety Alliance’s (CVSA) Operation Safe Driver Week will be taking place July 15-21. During this week-long safety blitz, enforcers will be focusing on traffic violations, seat belt enforcement, driver roadside inspections, and driver regulatory compliance.

Driver behaviors such as speeding, distracted driving, texting, improper lane change, failure to use a seat belt, and more will be targeted during the week-long effort.

Read more about Operation Safe Driver Week here.

Fuel prices continue June slide

According to the Energy Information Administration (EIA), the average United States price for diesel and gasoline fell for the fourth week in a row. The average price of diesel dropped 2.8 cents the last week of June to $3.216 per gallon. Regular gasoline has seen a larger drop in prices across the U.S., dropping down to $2.833, a 12.9 cent decline from its peak of $2.962 on Memorial Day.

Although prices are declining, EIA still reports that truckers and consumers are paying considerably more at the pump in 2018 than they were last year.

Read more about gas and diesel prices here.

Truck tonnage continues robust run, climbing 7.8% in May

Truck tonnage rose 7.8 percent in May compared with the same month last year, according to American Trucking Associations’ report for advanced seasonally adjusted for-hire Truck Tonnage Index. Although the May increase was a notable one, tonnage is down from the year-over-year increase of 9.9 percent last year.

ATA Chief Economist Bob Costello notes that this continues to be the best truck freight markets ever seen.

To read more on truck tonnage increase, click here.

FMCSA: numbers show ELD Mandate is working

The Federal Motor Carrier Safety Administration (FMCSA) reports that the electronic logging device (ELD) mandate is working. Since the ELD mandate went into full effect April 1 with the CVSA’s Out-of-Service criteria, less than one percent (4,720) of all driver inspections have resulted in the driver being cited for operating without an ELD or grandfathered Automatic On-Board Recording Device (AOBRD).

According to the infographic provided by FMCSA, only 0.64 percent of driver inspections in May had at least one hours-of-service violation.

To read more about how the ELD mandate is working, click here.

Driver turnover rate climbed to 94 percent in first quarter, ATA reports

ATA reported a six-percentage point climb of driver turnover at large truckload carriers from the prior quarter. Chief Economist Bob Costello (ATA) says the climbing turnover rate is “consistent with continued tightness in the market for drivers.”

To read more about the driver turnover rates, click here.

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