Last shutdown cost taxpayers big time

September 18, 2019

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LLN (9/18/19) –
A new report says the last government shutdown cost the U.S. Department of Transportation the equivalent of thousands of years of productivity. Also, a Massachusetts Institute of Technology scientist thinks learning how to be an owner-operator might help his research. The truckload market rose a bit following Hurricane Dorian, but van and flatbed rates are down. And there’s an attack on a Saudi oil facility, and for the first time in 10 weeks, diesel prices rose.

0:00-10:10 – Newscast.

10:10-24:44 – MIT researcher learns about trucking.

24:44-39:13 – Hurricane affects rates; diesel prices up.

39:13-48:50 – Shutdown cost DOT – and taxpayers – big.

Segment 1

Newscast

  • The State Supreme Court in Idaho has upheld the lifetime ban of a truck driver who has multiple convictions for driving under the influence. Read more here: Idaho Supreme Court defines ‘CDL holder’ in lifetime ban case.
  • Don L. Peters of Saratoga, Wyo., has been recognized by the Owner-Operator Independent Drivers Association for 57 years of safe, accident-free driving as part of the OOIDA Safe Driving Award Program.
  • OOIDA will be at the California Trucking Show on Oct. 12-13 at the Ontario Convention Center in Ontario, Calif. That’s at Exit 55 off Interstate 10. Stop in, say hi to the folks from the home office, and join OOIDA at a $10 discount.

Segment 2

Why would a research scientist from the Massachusetts Institute of Technology want to take a class about becoming an owner-operator? Terry Scruton talks to David Correll of MIT’s Center for Transportation and Logistics about how learning about trucking could benefit his research.

Segment 3

Despite tumbling rates last week DAT shares some good news for flatbed rates. Mary McKenna gets the details from Mark Montague. DAT provides market information for owner operators, carriers, brokers and shippers.

For the first time in 10 weeks diesel prices rose at the pump following an attack on a Saudi Arabia oil processing facility. Mary McKenna speaks with Tom Kloza, global head of analysis with OPIS.

Segment 4

A new report says that during the government shutdown that ended early this year, the Department of Transportation lost the equivalent of thousands of years of productivity. Now, inaction in Congress could lead to another shutdown. Mark Reddig gets an update from Bryce Mongeon of OOIDA’s Washington, D.C., office.