Fleet Management

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October 31, 2014 - Industry News

Lynden Transport Opens Service Center in Oklahoma

Lynden Transport opened a service center in Tulsa, Okla., to support its oil and gas customers. The company says the service center will allow it to provide more efficient service and give customers more choices with departures and arrivals.

Tags: City of Tulsa, Oklahoma, LTL, Bakken Oil Fields

October 31, 2014 - Industry News

YRC Worldwide Moves from Third Quarter Loss to Profit

Photo: Evan Lockridge

Trucking operation YRC Worldwide turned its business around in the third quarter of the year, going from a $44.1 million net loss a year ago to a net profit of $1.2 million.

Tags: Fleets, Earnings, YRC Worldwide, YRC Freight

October 31, 2014 - Industry News

Trucking Insurance Proposal Under Review

A proposal that could eventually lead to higher insurance requirements for trucking companies is close to publication. An advanced notice of the proposal is under review by the White House Office of Management and Budget and can be expected to show up in the Federal Register this year.

Tags: FMCSA, Insurance, MCSAC

October 31, 2014 - Industry News

Economic Watch: Consumer Spending Slips in September

Consumer spending in the U.S. declined in September for the first time in eight months, according to the U.S. Commerce Department.

Tags: Economy, Consumer Spending

October 30, 2014 - Industry News

ODFL Reports Record Third Quarter Earnings, Revenue

Less-than-truckload carrier Old Dominion Freight Line Inc. has announced a 29.5% increase in third quarter net income totaling $77.9 million.

Tags: Old Dominion Freight Line, Fleets, Earnings

October 30, 2014 - Industry News

Cummins Reports Strong Earnings in Q3

Cummins reported its third quarter revenue was $4.9 billion, a 15% increase from the third quarter of last year. Stronger demand for on-highway markets and distributor acquisitions in North America was a significant factor in revenue growth.

Tags: Cummins, Quarterly Earnings, Equity Markets, Engines

October 30, 2014 - Industry News

HDT Announces Top 50 Green Fleets of 2014

Heavy Duty Trucking announced its second annual Top 50 Green Fleets at the Green Fleet Conference in Schaumburg, Ill., Thursday. A ceremony was held at the conference to honor these fleets for their sustainability efforts in areas such as fuel economy, alternative fuels and emissions.

Tags: Sustainability, Green Fleets, Green Fleet Conference, Alternative Fuels, Top 50 Green Fleets, Fuel Economy

October 30, 2014 - Industry News

Economic Watch: GDP Continues Growing, Fed Ending Stimulus Program

One of the broadest measures of the health of the American economy shows it expanded at an annual rate of 3.5% in the third quarter of the year.

Tags: Economy, GDP

October 30, 2014 - Industry News

Celadon Profit Increases More Than 21%

Revenue for the quarter increased 10.5% to $193.4 million from $175.1 million a year earlier. Freight revenue, which excludes fuel surcharges, increased 11.1% to $157.7 million.

Tags: Celadon Group, Fleets, Earnings

October 30, 2014 - Industry News

Con-way Profit Soars During Third Quarter

The trucking operation Con-way Inc. has reported 2014 third-quarter net income of $45.6 million, or 78 cents per diluted share.

Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.

October 30, 2014 - Industry News

Congress Lacks Vision to Support Infrastructure, LaHood Says

“We need a pot of money to fix our roads and bridges, but America is one big pothole." Ray LaHood, former U.S. DOT secretary.

The Erie Canal, Hoover Dam, the Golden Gate Bridge, the Interstate Highway System – all were built by men of vision, but today Congress lacks enough such people to rebuild America’s worn and aging infrastructure, said former Transportation Secretary Ray LaHood, calling for a 10-cent-a-gallon increase in the fuel tax.

Tags: Infrastructure, Interstate System, Ray LaHood, Taxes, Caterpillar, Highway Funding, Highway Trust Fund

October 29, 2014 - Product News

Telogis Introduces Fleet Analytics Tools at Latitude Event

Graphic courtesy of Telogis.

Telogis released several new tools for the company’s fleet analytics software at the Telogis Latitude event in Dana Point, Calif. These new tools included the Telogis For Field Service extension, the Dynamic Response Suite, and Telogis Sites.

Tags: Navigation System, Information Technology, Telogis, Vehicle Tracking, Industry Event

October 29, 2014 - Industry News

Hot Line Freight Opens Midwest LTL Terminals

Photo via Hot Line Freight Systems.

Hot Line Freight System is opening two new terminals in Ohio and Illinois will expand shipping opportunities for the surrounding areas bringing less-than-truckload service to the Midwest.

Tags: Ohio, Illinois, LTL, Freight Volume

October 29, 2014 - Industry News

Cargo Thefts Down, Average Loss Skyrockets

The darkest areas on this map show where truck cargo thefts happened the most in the thrid quarter of the year. Credit: FreightWatch International

“The average loss-value ceiling continues to rise and illustrates that organized cargo thieves continue to aggressively target high value freight,” FreightWatch said in its report.

Tags: Security, Cargo Theft, FreightWatch

October 29, 2014 - Industry News

Spot Freight Rates Stagnate Over Past Week

Rates for spot market freight remain stagnant for the third straight week, according to a new snapshot of the market from the freight matching service provider DAT Solutions.

Tags: Spot Freight, Freight Rates, DAT Solutions

October 29, 2014 - Industry News

UPS Expecting Record Holiday Volume, Up 11%

File Photo.

With 56 days left until Christmas UPS is expecting to set another record this holiday season in terms of the number of packages it will deliver.

Tags: UPS, Freight, FedEx, Holiday Driving

October 28, 2014 - Industry News

P.A.M. Transportation Records Record Earnings

Dry-van truckload carrier P.A.M. Transportation Services reported record profit in the third quarter of the year, more than doubling from the same time a year ago to $5.1 million.

Tags: Fleets, Earnings, PAM Transport

October 28, 2014 - Industry News

Saia Profit Shoots Up More Than 26%

The mainly less-than-truckload carrier Saia inc. has reported an increase in its third quarter profit due to significant gains in tonnage and shipments.

Tags: Fleets, Earnings, Saia

October 28, 2014 - Industry News

Economic Watch: Durable Goods Activity Slows, Consumers Upbeat

An advance report shows shipments of durable goods increased just slightly last month while new orders fell for the second straight month.

Tags: Economy, Consumer Confidence, Durable Goods

October 27, 2014 - Industry News

Celadon Purchases A&S Services Group

Trucking and logistics operator Celadon Group Inc. on Monday announced the purchase of A&S Services Group LLC, a regional for-hire and dedicated truckload carrier.

Tags: Pennsylvania, Celadon Group, Fleets, Mergers & Acquisitions

October 27, 2014 - Industry News

Heartland Express Profit Increases 43%

Photo: Evan Lockridge

Profit and earnings for truckload carrier Heartland Express shot up in the third quarter of the year compared to the same time in 2013, as loads turned down were the highest since before the Great Recession.

Tags: Fleets, Earnings, Heartland Express

October 27, 2014 - Industry News

ABF Increasing Rates More Than 5%

The mainly less-than-truckload carrier ABF Freight has announced an increase in general rates and charges effective Nov. 3.

Tags: LTL, Fleets, ABF, Freight Rates

October 27, 2014 - Industry News

Second Con-way Terminal Joins Teamsters; Two Vote No

The Teamsters Union has gotten the go-ahead from workers at a second Con-way Freight terminal to represent them in talks with company management, but were turned back at two other locations in votes all supervised by the National Labor Relations Board.

Tags: Con-way Freight, California, Teamsters, NLRB, Labor Unions

October 24, 2014 - Industry News

Con-way Freight Rates Heading Higher

Less-than-truckload carrier Con-way Freight said Friday it will implement a general rate increase averaging 4.7% for non-contractual business, effective Oct. 27.

Tags: Con-way Freight, Freight Rates, Con-way Inc., LTL

October 24, 2014 - Industry News

Economic Watch: New Home Sales Highest Since 2008

Photo: Evan Lockridge

UPDATED -- Sales of new homes in the U.S. hit a six-month high last month while the improvement for August was cut dramatically, according to a new U.S. Commerce Department report.

Tags: Economy, Home Sales

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