The turnover rate at large truckload carriers rose just one percentage point to 92 percent (annualized rate) in the first quarter of 2014, but held above 90 percent for the ninth consecutive quarter, according to statistics released by the American Trucking Associations (ATA) on July 9. While turnover is well above the low of 39 percent four years ago, ATA Chief Economist Bob Costello said it is far from the worst the industry has seen.
The multiemployer retirement benefits of 1.5 million people in almost 200 plans are at grave risk of failure within 20 years, according to a new report from the Pension Benefit Guaranty Corporation PBGC). Each of these plans are considered “severely underfunded,” defined as being less than 40 percent funded.
The Department of Labor has extended the deadline for the comment period from July 17 to July 28 for its proposed rule that would increase the minimum wage for workers on federal service and construction contracts from $7.25 to $10.10 per hour, beginning Jan. 1, 2015. Every Jan. 1 after that, the hourly minimum wages would be increased by an amount determined by the Secretary of Labor. The final version of the rule is scheduled to be issued by Oct. 1.
Every year, SC&RA develops its annual budget, much in the same way that your company develops its annual budget. Part of this process includes determining SC&RA’s annual membership dues revenue. To facilitate this process, SC&RA requires members to submit their 2013 Gross Revenue to SC&RA so that the Association can identify each company’s 2015 annual dues.
In 18 pages of formal comments filed with the Federal Motor Carrier Safety Administration (FMCSA) in response to a notice of proposed rulemaking, the American Trucking Associations (ATA) called on the agency to swiftly issue rules that require commercial truck drivers to use electronic logging devices (ELDs) to monitor their compliance with hours-of-service requirements.
The Occupational Safety & Health Administration (OSHA) has implemented an interim enforcement policy for the new final rule on Electric Power Generation, Transmission and Distribution; Electrical Protective Equipment. The policy, which will be in effect July 10-Oct. 31, delays enforcement of most new requirements for employers who are complying with the existing General Industry rule.
On July 1, Wisconsin increased the overall length that permitted loads may run during weekend daylight hours from 110 feet to 150 feet in 67 of the states’ 72 counties. Permitted loads are allowed up to 12 feet wide, 13 feet 6 inches high and 150 feet long.
Counties where the new weekend permit allowances do not apply are Columbia, Dane, Milwaukee, Rock and Waukesha.
In a June 26 letter to the Senate Appropriations Committee, the National Fraternal Order of Police (National FOP) endorsed an amendment introduced by Sen. Susan Collins (R-Maine) that would suspend two key provisions of the current Hours of Service (HOS) restart rule as administered by the Federal Motor Carrier Safety Administration (FMCSA). The amendment would suspend provisions that allow use of the restart only once every seven days and that requiring that a restart include two consecutive 1 a.m. to 5 a.m. time periods.
The Federal Motor Carrier Safety Administration (FMCSA) announced on June 27 that 8,000 additional health professionals have been added to the National Registry of Certified Medical Examiners (NRCME) since the new system for United States Department of Transportation (USDOT) medical examinations launched in May with 22,000 providers.
Total construction spending edged higher for the third straight month in May, as solid increases in private nonresidential and public construction outweighed a downturn in residential projects, according to an analysis of new Census Bureau data released on July 1 by the Associated General Contractors of America (AGC). “The May figures show that construction activity continues to expand, but with lots of variability by month and project type,” said AGC Chief Economist Ken Simonson.