Slowdown in freight and rates

October 29, 2019

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LLN (10/29/19) –
Some observers have noted a slowdown in freight and rates, while capacity is chugging right along – we’ll have an economic update. Also, an Arizona lawmaker continues his crusade to raise the fuel tax, while Minnesota also has a road funding discussion. And the rules Congress sets for automated cars will likely set the stage for the rules for trucks – if the feds can even decide what to do about cars and automation.

0:00-10:10 – Newscast.

10:10-24:14 – Slowdown in freight and rates; economic update.

24:14-38:43 – Arizona fuel tax; Minnesota road funding.

38:43-48:22 – Automation, cars, trucks and Congress.

Segment 1

Newscast

  • Cindy L. Lacklund of Salida, Colo., has been recognized by the Owner-Operator Independent Drivers Association for 29 years of safe, accident-free driving as part of the OOIDA Safe Driving Award Program.
  • The 2019 Truckers for Troops telethon starts Nov. 11. That week, you can join OOIDA for a discount. Ten percent of your membership will send care packages to troops overseas and help returning veterans, with OOIDA matching those donations.

Segment 2

Some observers have noted a slowdown in freight and rates, while capacity is chugging right along. Mary McKenna discusses that – plus thoughts on freight, diesel, and economy in general – with Steve Freidell of Central States Capital Markets.

Segment 3

One leading lawmaker in Arizona is not giving up on an effort to raise road revenue via a fuel tax increase. And discussion is expected to heat up again at the Minnesota statehouse about how to raise additional revenue for needed transportation work around the state. Mary McKenna gets the details from Land Line Magazine’s Keith Goble.

Mark Reddig and Mary McKenna bring us important notices from the Land Line Now Community Bulletin Board.

Segment 4

The rules Congress sets for automated cars will likely set the stage for the rules for trucks. However, the federal government can’t even decide what it wants to do about cars and automation. Mark Reddig discusses the problems involved with Collin Long of OOIDA’s Washington, D.C., office.