Fleet Management

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April 17, 2015 - Industry News

DOT Delays Speed-Limiter, Safety-Fitness Rules; ELD on Track

Image: FMCSA

A final rule mandating electronic logging devices will still be published in September, while publication of a proposed rule to mandate speed limiters and one to establish a carrier safety-fitness determination system have been delayed a month.

Tags: Electronic Stability Control, Speed Limiter, ELD, NHTSA, FMCSA, Driver Coercion, Regulations

April 17, 2015 - Industry News

Economic Watch: Inflation, Leading Indicators, Consumer Sentiment Increase

Consumer prices moved up for the second straight month in March after falling during much of the winter, but remain at their lowest level in years.

Tags: Economy, Consumer Prices, Consumer Sentiment, Leading Economic Indicators

April 16, 2015 - Industry News

Fuel-Tax Bill Would Trigger Highway-Funding Fix

HDT FIle Photo

Bipartisan legislation introduced in the U.S. House Thursday would index the current federal gasoline and diesel fuel taxes to inflation raising $27.5 billion to ensure highway-infrastructure spending is funded for exactly 1.7 years.

Tags: Congress, Fuel Tax, Highway Trust Fund, Highway Bill, Infrastructure Funding

April 16, 2015 - Industry News

Economic Watch: Housing Starts Post 2% Gain in March

Nationwide housing starts rose 2% in March, hitting an annual rate of 926,000 units, but it's not as much as many analysts were hoping.

Tags: Housing Starts, Economy

April 16, 2015 - Industry News

ATRI Seeks Carriers for Operational Costs Survey

The American Transportation Research Institute is seeking participation from carriers to update its 2014 Operational Costs of Trucking report.

Tags: Operating Costs, Survey, ATRI

April 16, 2015 - Industry News

Old Dominion Riding High as LTL Evolves

Photo: Old Dominion Freight Line

How has the less-than-truckload business changed over the past decade? Stifel Transportation & Logistics Research Group decided to explore that topic in a recent note to investors.

Tags: Old Dominion Freight Line, LTL, Stifel Nicolaus

April 15, 2015 - Industry News

Ports Must Adapt to Volume, Says N.J. Trucking Association

Addressing the monumental traffic backups at the Ports of New York and New Jersey, the New Jersey Trucking Association called on the ports to adapt to the higher volume and increase gate hours.

Tags: Ports, Port Trucking, Port of New York and New Jersey, Traffic Congestion, Intermodal

April 15, 2015 - Industry News

Savannah Port Sees All-Time Record Cargo in March

A truck moves past a stack of containers at the Georgia Ports Authority Garden City Terminal near Savannah, Ga. Photo: Georgia Ports Authority/Stephen B.Morton

The Port of Savannah moved 333,058 TEUs in March, setting a single-month record that surpassed its previous high set in October 2014 by more than 21,000 TEUs.

Tags: Freight, Ports, Capacity, Port of Savannah, Intermodal

April 15, 2015 - Industry News

Economic Watch: Industrial Production Weakens, Homebuilder Optimism Up

For the first quarter of 2015 this measure of the total activity at the nation’s factories, mines and utilities declined at an annual rate of 1%, the first quarterly decrease since the second quarter of 2009.

Tags: Economy, Industrial Production, Home Building

April 15, 2015 - Industry News

Spot Market Flatbed Rates Continue Moving Higher as Vans, Reefers Pause

Graphic: DAT

Rates on the spot freight market continue crawling slowly upward in the flatbed sector but remain stagnant in the other two major categories.

Tags: Spot Freight, Freight Rates, DAT Solutions

April 15, 2015 - Industry News

Profit Nearly Doubles for Marten Transport

Photo by Evan Lockridge.

Truckload carrier Marten Transport reported profit in the first quarter of the year nearly doubled from the same time in 2014.

Tags: Fleets, Earnings, Marten Transport

April 14, 2015 - Industry News

Cass Freight Index Shows Increasing Shipments, Spending

North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.

Tags: Economy, Intermodal, Freight Rates, Freight Volume, Cass Freight Index

April 14, 2015 - Industry News

Economic Watch: March Wholesale Prices, Retail Sales Move Higher

Prices at the wholesale level rose in March for the first time since October, according to the U.S. Labor Department on Tuesday.

Tags: Economy, Retail Sales, Producer Prices

April 14, 2015 - Industry News

J.B. Hunt Reports Nearly $92 Million Profit

Photo: DangApricot via WIkimedia Commons

J.B. Hunt Transport Services Inc. announced on Tuesday first quarter 2015 net earnings of $91.9 million, or diluted earnings of 78 cents per share, compared to first quarter 2014 net earnings of $68.7 million, or diluted earnings of 58 cents per share.

Tags: J.B. Hunt, Fleets, Earnings

April 13, 2015 - Industry News

Momentum Favors the Economy This Year

Photo: CSCMP

Despite the slowing of economic growth late last year on into this year, the economy will pick up steam over the rest of this year, according to the State of Logistics Report Quarterly Update.

Tags: Railroads, Intermodal, Truck Tonnage, GDP, Logistics, State of Logistics Report

April 13, 2015 - Industry News

Trucking Conditions Index Drops As Capacity Utilization Softens

FTR's Trucking Conditions Index Graph showing this year's numbers compared with 2014. Graph via FTR

The FTR Trucking Conditions Index for February fell slightly in February to a reading of 7.4, reflecting a softening capacity utilization caused by fluctuating diesel prices and the suspension of controversial provisions of the 34-hour restart.

Tags: HOS, FTR, Trucking Conditions Index, Freight Capacity, Freight Rates, Hours of Service

April 13, 2015 - Industry News

GE to Sell Fleet Management Unit by 2018

General Electric will sell off its fleet management and automotive financing business units by 2018 under a strategic plan to focus on its core businesses and shed most of its finance and banking businesses, the company has announced.

Tags: GE Capital Fleet Services, Fleet Management Companies, Mergers & Acquisitions, Equity Markets

April 13, 2015 - Industry News

March Spot Freight Rates Up from Previous Month, Year Earlier

Graphic: DAT Solutions

Rates on the spot freight market posted gains last month compared to February and the same time a year earlier, according to the latest reading of the DAT North American Freight Index, based on activity from its load boards.

Tags: Spot Freight, Freight Rates, DAT Solutions

April 10, 2015 - Industry News

Congestion Causes 6 Mile Lines at NY/NJ Ports

The terminals that make up the Ports of New York and New Jersey. Graphic via Ports of New York and New Jersey

The Port of New York and New Jersey is facing costly delays for truckers and cargo owners as record imports come through, according to a report on JOC.com.

Tags: New York, Traffic Congestion, Ports, Port Trucking

April 10, 2015 - Industry News

CTA Launches Labor Law Educational Program

The California Trucking Association has announced the Labor Law Consortium, an ongoing effort to provide the trucking industry with labor and employment law training resources.

Tags: State Laws, California Trucking Association, Labor Rates

April 9, 2015 - Industry News

OOIDA Bids to Join Cross-Border Suit Against DOT

The Owner-Operator Independent Drivers Association has filed a petition with the 9th Circuit Court of Appeals to intervene in a cross-border trucking lawsuit against the U.S. Department of Transportation and the FMCSA.

Tags: Cross-Border Trucking, Mexican Trucking, OOIDA, U.S. DOT, Teamsters

April 9, 2015 - Industry News

FMCSA Orders S.C. Trucking Company Shut Down

Image: FMCSA

The Federal Motor Carrier Association declared Darlington, S.C.-based trucking company Carnell Pompey to be an imminent hazard to public safety and ordered it to immediately shut down.

Tags: DOT, FMCSA, Regulations, Driver Safety

April 8, 2015 - Industry News

Transportation Committee Stresses Long-Term Solution On Roadshow

Photo: House T&I Committee

A team of six members of Congress led by House Transportation and Infrastructure Committee Chairman Bill Shuster crossed the state of Pennsylvania this week emphasizing the importance of a long-term transportation bill.

Tags: Infrastructure, Pennsylvania, House Transportation and Infrastructure Committee, Bill Shuster, Highway Bill

April 8, 2015 - Industry News

Spot Market Freight Availability Increases, Flatbed Rates Higher

The spot truckload freight market followed seasonal patterns during the week ending April 4 as load availability increased and capacity tightened, according to load board operator DAT Solutions.

Tags: Spot Freight, Freight Rates, DAT Solutions

April 7, 2015 - Industry News

Freight Outlook Good Despite Some Weaknesses

Graphic: FTR

While some may complain that truck freight levels haven’t taken off like a rocket since the end of the Great Recession, the fact is they have posted solid improvements, according to Jonathan Starks of the freight forecasting firm FTR -- and could be headed for a new peak.

Tags: Economy, Freight, FTR, Spot Freight

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