Freight rates in decline

February 14, 2019

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LLN (2/13/19) – Freight rates are still in decline, but volumes firm up in February. Also, truckers on their own authority or in some small fleets get drug tested by a consortium, not a carrier. Diesel prices will remain stable through 2019, but changes are likely in 2020. And the Senate Commerce Committee discusses how we’ll transport goods in the future and how we’ll pay for it.

0:00-9:41 – Newscast

9:41-24:25 – Drug testing consortiums

24:25-39:22 – Freight rates in decline; diesel prices stable

39:22-49:08 – Transportation’s future

Segment 1

Newscast

Segment 2

Many truckers are tested for drugs through their carriers. But for those on their own authority, or even in some small fleets, testing is done by a consortium. Mark Reddig talks today with Leslie Butler and Amber Schweer of CMCI, OOIDA’s drug testing consortium.

Segment 3

Freight rates are still in decline, but volumes are firming up in February. Mary McKenna talks with Mark Montague of DAT.

Also, energy industry analyst Tom Kloza thinks diesel prices will remain stable through 2019. But a change in maritime fuel could cause a major drain on diesel supplies in 2020. Mary has our weekly update.

Segment 4

House lawmakers started the conversation about infrastructure. Now, members of the Senate Commerce Committee are discussing how we’ll transport goods in the future and how we’ll pay for it. Mark Reddig talks with Nile Elam of OOIDA’s Washington, D.C., office.