Crash data involving new truck, bus drivers getting worse

WASHINGTON — Deaths resulting from large-truck crashes where newly licensed drivers are involved continues to rise, according to recent government data, but a proposed safety requirement that could help reduce those deaths will likely be delayed again. The percentage of fatal large truck and bus crashes involving new-entrant carriers has climbed from 4.6% to 7.4%…

See around the consensus

Ernest Hemingway wrote, “How do you go bankrupt? Two ways. Gradually, then suddenly.” This path is inherent in the rags-riches-rags cycles seen in personal finance arcs to economic bubbles in freight markets. To combat current and future uncertainty in the world, we very much like to keep the status quo, so it takes a while…

New Department of Labor rule adds overtime pay for some salary workers

The U.S. Department of Labor announced a final rule on Tuesday that will revise regulations issued under the Fair Labor Standards Act to ensure overtime pay for some salaried and highly compensated employees. Critics say the rule could prove a significant burden for brokers operating small businesses. Starting July 1, 2024, salaried employees making less…