Categories : fleet repair

Truck Freight Rates Slide in Softening Spot Market

Freight rates for long-haul truckers fell throughout all truck enters February as weak need and abundant space on trucks remained to make life hard for fleet owners. Area market rates, or the costs carriers spend for freight loads reserved separately through brokers instead of under a long-term contract, were down 18 % in February compared to the same month a year ago for dry vans, the most typical type of big rigs, according to online freight marketplace DAT Solutions. Rates for refrigerated truck loads and flatbeds, which generally carry perishables and commercial equipment, respectively, both fell 14 % in February, compared to a year earlier, DAT said. Spot-market rates for dry vans, which haul everything from customer electronic devices to clothing, have actually decreased gradually over the previous year, while contract markets have stayed about the same, according to DAT. The issue for carriers is that delivering need in the area market is falling– need for space on trucks was down 29 % in February from a year back, according to DAT, while capacity is rising, with truck accessibility growing 18 % in February. “The spot market is as weak as I’ve seen it, and capability is as readily available as I have actually seen it in One Decade,” said Clay Gentry, a vice president with North Carolina-based Transport Understanding. “It’s that easy to cover freight. It’s quite a carrier’s market already.” Mr. Gentry said that the percentage of carriers utilizing long-lasting contracts to move freight had actually probably approached in current months as retailers and producers sought to lock in space. But he said he anticipates area rates to increase in the spring and through the summer season as more agricultural shippers begin moving fruit and vegetables and construction teams make the most of warmer weather condition to begin work on projects, pushing more shipping need from that sector. “Company is sluggish,” stated Leif Holm-Andersen, chief executive of Gantt Trucking, LLC, which runs a fleet of about 130 refrigerated trucks in Lexington …
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Bear Creek VFD increases ability with brand-new brush truck

Submitted Bear Creek VFD has actually added a brand-new brush truck to its fleet. The automobile supplied by a grant from the Texas A&M Forest Service. Bear Creek VFD increases capability with new brush truck Neighborhood Report Houston Neighborhood Newspapers Bear Creek Volunteer Fire Department recently included a little brush truck to its fleet thanks to a $100,000 grant from Texas A&M Forest Service. The grant helped to provide a 2016 Ford F550 brush truck with a 500-gallon water tank and a foam system. With warmer than regular temperatures and the breezy, dry conditions, the department expects an elevation in fire danger in the wooded area. The brand-new truck is ready to roll when any fire incidents take place. “This brand-new addition provides us the ability to react to numerous calls at the same time,” said Bear Creek Volunteer Fire Department Fire Chief Bryan Matthews. “Most of our district is forest with more than HALF of our calls remaining in the wooded areas, including the Sam Houston National Forest.” The department will use the new car as a multipurpose truck, incorporating the Jaws of Life for use on automobile accidents taking place in the area. While serving under Texas A&M AgriLife, Texas A&M Forest Service deals with fire service cooperators throughout the state to decrease the death and home in response to wildfires and other all-hazard emergency situations. This year Texas A&M Forest Service is set to award approximately $24.3 million in grants to volunteer fire departments for the purchase of equipment and training. Regards to service|Personal privacy statement|FAQs © & copy; Copyright 2016, Your Houston News, The Woodlands, TX … See all stories on this subject

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