January 28, 2015 - Industry News
The Indiana-based trucking operation Celadon Group Inc. on Wednesday reported a near 67% increase in its net profit during its fiscal second quarter ending with the close last December.
Tags: Fleets, Earnings, Swift Transportation
Net income totaled $58.5 million, up from $45.3 million the same time a year earlier, while basic earnings per share were 41 cents compared to 32 cents during the same time in 2013 for the Arizona-based company.
The Senate Environment and Public Works Committee launched its effort to draft a new highway bill with vows to work out political differences in order to restore the health of the nation’s infrastructure.
Tags: Congress, Senate, Highway Funding, Highways
The owner of a trucking company received the maximum sentence possible by a federal court in Missouri after pleading guilty last year for his role in a cargo theft scheme.
Tags: Missouri, Cargo Theft, Crime
Marine ports in Georgia ended 2014 with growth in all cargo sectors, including a 10.2% increase in twenty-foot equivalent container units, and a 7.4% increase in total tonnage, according to new figures released by the Georgia Ports Authority.
Tags: Georgia, Freight, Ports, Port Trucking, Port of Savannah
Trucking company Knight Transportation Inc. has reported significant increases in net income and revenue for the final quarter of last year and for all of 2014.
Tags: Fleets, Earnings, Knight Transportation
Speaking at Heavy Duty Aftermarket Dialogue in Las Vegas, Bob Dieli, founder of RDLB says the expansion is in it 67th month and is closing in on being longer than the November 2001 to December 2007 expansion, which lasted 73 months.
Tags: Aftermarket, HDAD, Inflation, Economic Conditions
Rates on the spot freight market continued falling the past week due to fewer loads available and increasing truck capacity, according to the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
January 27, 2015 - Industry News
While demand for used trucks is high, the supply is not keeping up, causing a decline in used truck sales from traditional retailers, but an increase in sales overall.
Tags: ACT Research, Truck Orders, Used Truck Sales
Marten Transport Ltd. on Tuesday reported its highest net income and operating revenue for any quarter in its history.
Tags: Fleets, Earnings, Marten Transport
There will be a new delay starting Wednesday for trucking companies serving the one major intermodal facility southwest of Chicago.
Tags: Illinois, Intermodal
The Nevada Department of Transportation has announced it will put together a plan for making enhancements to the state’s transportation system when it comes to moving freight.
Tags: Nevada, Highways, Freight
Shipments of U.S. manufactured durable goods, those designed to last three years or more, rebounded in December but new orders turned in its worst performance since August, according to a new U.S. Commerce Department report.
Tags: Economy, Consumer Confidence, Durable Goods, Home Sales
January 26, 2015 - Industry News
Former Roadway CEO Michael W. Wickham passed away last Tuesday Jan. 20, at his home in Palm Coast, Fla. Wickham was 67 years old.
Tags: Obituary, ATRI, People, YRC Worldwide
Intermodal rail movements help propel the railroad Norfolk Southern Corp. toward achieving record net income for 2014, according to figures it released on Monday.
Tags: Railroads, Intermodal, Earnings, Norfolk Southern
Freight transportation and logistics provider Celadon Group Inc. on Monday announced its purchase of North Carolina-based carrier Taylor Express.
Tags: Celadon Group, Fleets, Mergers & Acquisitions
January 26, 2015 - Product News
Continental released a free update to its VDO RoadLog ELD software addressing the recent suspension of certain provisions of the 34-hour restart rules.
Tags: FMCSA, ELDs, 34-Hour Restart, Hours of Service, Information Technology
New construction starts in December retreated 16% from the month before totaling $568.2 billion, according to construction industry data provider Dodge Data and Analytics, but posted another annual gain.
Tags: Economy, Construction
January 23, 2015 - Industry News
Scott McCandless of McCandless Truck Center was named the 2015 Truck Dealer of the Year Friday during the 52nd Annual American Truck Dealers Convention in San Francisco.
Tags: ATD, Truck Dealer of the Year, Awards, Dealers, Truck Dealers
Trucking and parcel delivery giant UPS on Friday announced it expects fourth quarter 2014 earnings to be lower that earlier forecast.
Tags: UPS, Earnings, Delivery Fleets
January 22, 2015 - Industry News
Grote Industries has hired Michael R. Henderson as its vice president of engineering. Henderson will be responsible for all Grote Engineering and be tasked with implementing the company’s new product development process.
Tags: Leadership, Lighting, Grote, People
The 52nd annual ATD Convention is taking place at the Moscone Center in San Francisco this week. Awards will be given at the event for the 2015 Truck Dealer of the Year winner on Friday Jan. 23 and the Commercial Truck of the Year on Saturday Jan. 24.
Tags: ATD, Truck Dealer of the Year, Industry Event, ATD Commercial Truck of the Year
Kenworth Truck Company has named its 2015 Kenworth Dealer Council members.The council features leading executives from among the more than 360 Kenworth dealerships in the U.S. and Canada.
Tags: Kenworth, Customer Service, Kenworth Dealer Council
Container volumes at the Port of Los Angeles increased 6% in 2014 over the previous year, marking the third busiest year in the port’s history, just behind 2007 and 2006 levels
Tags: Port of Los Angeles, Washington, California, Port of Long Beach, Freight, Ports, Port Trucking, Port of Seattle, Port of Tacoma
A day after announcing truck drivers at one FedEx Freight facility voted against representation by the Teamsters union, the company said Thursday another did the same.
Tags: Truck Drivers, Fleets, Teamsters, Labor Unions, FedEx Freight
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