Werner Enterprisees

FMCSA denies requests to alter accident reporting procedures

WASHINGTON — The Federal Motor Carrier Safety Administration is moving ahead with changes proposed last year to its Crash Preventability Determination Program (CPDP) but has declined to make changes that motor carriers assert unfairly target drivers.

Under the CPDP, which FMCSA has been operating since May 2020, carriers and drivers can submit to FMCSA requests for data review, known as RDRs, to determine the preventability of a truck crash using 16 specific types of crash categories.

Last year,...

https://www.freightwaves.com/news/fmcsa-denies-requests-to-alter-accident-reporting-procedures

Small unionization effort at Werner-owned facilities in New Jersey falls short

A small but significant unionization effort by some Werner Enterprises workers has come to an end.

The United Food & Commercial Workers union is not challenging a decertification effort by a group of employees at three facilities in New Jersey – Cinnaminson, Hamilton and Piscataway – that are part of ECM, a Werner (NASDAQ: WERN) subsidiary, according to Mike Thompson, who led the unionization drive for UFCW’s Local 152.

In a decertification vote, workers are asked if they wish to decertify a...

https://www.freightwaves.com/news/small-unionization-effort-at-werner-owned-facilities-in-new-jersey-falls-short

Sitetracker: Speeding electric truck charging behind the scenes

Announcements of new charging depots for electric trucks seem to come almost weekly. Some are more promises than ready-to-go power. Sitetracker, a SaaS business rooted in telecommunications, is providing a cloud-based backbone to move things along.

Sitetracker has been around since 2008. In four rounds of fundraising, it has brought in $183 million, including $66 million in a Series D round in 2022. The Montclair, New Jersey-based company has doubled its head count while seizing opportunities in...

https://www.freightwaves.com/news/sitetracker-speeding-electric-truck-charging-behind-the-scenes

Trucking heads kick can further into 2024

Truckload carriers and 3PLs have seen little change in demand halfway through the fourth quarter, and some are pointing deeper into 2024 before the market corrects.

The comments came from heads of some of the largest publicly traded TL providers at Stephens 25th Annual Investment Conference in Nashville, Tennessee, on Tuesday. The sentiment aligns with a Tuesday report from freight payments platform Cass Information Systems (NASDAQ: CASS), which said October produced a cycle low for shipments.

Fre...

https://www.freightwaves.com/news/trucking-heads-kick-can-further-into-2024

Truckload carriers see market moving toward equilibrium

A couple of truckload carriers said the bottom of the cycle has likely occurred but acknowledged that any material positive inflection in fundamentals won’t happen until sometime in 2024. That likely means a “muted peak season” again this year.

“I think there will be some signs of seasonal activity across September, October, November,” Schneider National (NYSE: SNDR) CFO Steve Bruffett said at a Morgan Stanley (NYSE: MS) investor conference Tuesday in Dana Point, California. 

“I think that sets...

https://www.freightwaves.com/news/truckload-carriers-see-market-moving-toward-equilibrium