December 5, 2013 - Industry News
The broadest measure of health of the nation’s economy shows it expanded at an annual rate of 3.6% in the third quarter of the year, more than originally reported, according to the U.S. Commerce Department on Thursday.
Tags: Economy, ATA, GDP
In a “change of operations” filing with the Securities and Exchange Commission, parent company Arkansas Best, said it had already eliminated eight facilities in the second half of this year with the rest still yet to close.
Tags: Fleets, Arkansas Best, Teamsters, ABF
December 4, 2013 - Industry News
Rep. Earl Blumenauer’s bid to raise federal fuel taxes to pay for more investment in roads and bridges drew strong support from a wide range of interests, including American Trucking Associations.
Tags: Taxes, Congress, infrastructure, Fuel Tax, Highway Funding, Infrastructure Funding, Diesel Tax, Gasoline Tax
Freight rates have posted their first across the board increases for the first time in several weeks on one of the nation’s largest spot markets.
Tags: Freight, Spot Freight, DAT Transcore
Sales of new homes on the United States skyrocketed in October, recording the biggest monthly increase in more than 30 years, according to a new U.S. Commerce Department report.
Tags: Economy, Home Sales, Employment
The U.S. Department of Transportation’s Maritime Administration recently released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion.
Tags: Intermodal, Freight, Panama Canal, Port Trucking
November North American Class 5 through 7 net truck orders are expected to total 18,000 while Class 8 orders are expected at 21,200 units, when actual data are released mid-month, according to commercial vehicle data analysts at ACT Research.
Tags: Truck Sales, ACT Research, Truck Orders
Union Pacific Railroad recently introduced a new intermodal service offering between Chicago and Monterrey, Mexico, giving companies another option to move goods across the border six days a week.
Tags: Intermodal, Freight
The parent to liquid and dry bulk hauler, Florida Rock & Tank Lines, has reported a huge increase in income for its fiscal fourth quarter as well as for its fiscal year.
Tags: Fleets, Earnings, Patriot Transportation
December 3, 2013 - Industry News
A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.
Tags: Freight, Brokers, Fraud
The financially troubled parent company to several fleets, YRC Worldwide, is looking to investors to help it pay off some debt, according to the Journal of Commerce.
Tags: Fleets, Teamsters, YRC Worldwide, LTL
Rep. Earl Blumenauer, D-Ore., will introduce bills to raise federal fuel taxes, index them to inflation and test a vehicle-mile tax. The proposals, which Blumenauer is scheduled to discuss on Capitol Hill Wednesday, come as Congress begins to consider ways to revive funding for U.S. roads and bridges.
Tags: Congress, Fuel Tax, Highway Funding, Diesel Tax, Gasoline Tax, Taxes, Infrastructure Funding, infrastructure
Sales of new automobiles, light-trucks and SUV’s in the U.S. picked up their pace dramatically last month, hitting an annual rate of 16.4 million, far above the 15.3 million yearly rate in October and the best since early 2007.
Tags: Economy, Auto Sales
Freight haulers are embracing social media but still not a much as other business-to-business companies, according to a new study.
Tags: LinkedIn, Facebook, Twitter, Social Media, Promotion, Fleets
Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.
Tags: Old Dominion Freight Line, Fleets, Freight, Fleet Financials, LTL
December 2, 2013 - Industry News
Fueled by a growth rate of 665% over the past three years, LTL Freight Services, Milwaukee, is rebranding itself as Global Freight Source as it focuses on becoming a single-source provider of shipping logistics.
Tags: 3PL, Logistics, Fleets
The Federal Motor Carrier Safety Administration will consider additional applications for exemptions from the federal hearing standard prohibiting deaf truck drivers from interstate operations. The first 40 such individuals to receive these exemptions were approved in February.
Tags: FMCSA, Regulations, Safety & Compliance
Universal Truckload Services announced Monday that it will acquire Westport Axle Corporation from an international industrial group headed in Brazil by SM Brasil Participações S/A.
Tags: Fleets, Mergers & Acquisitions, Universal Truckload, Westport Axle
UPDATED -- Total construction spending in the United States hit a four and half year high in October, according to U.S. Commerce Department report released on Monday.
Tags: Economy, Durable Goods, Leading Economic Indicators, Construction Spending, Manufacturing
The start of December brought with it higher toll rates for bridges and tunnels operated by the Port Authority of New York and New Jersey, with cash tolls now running $85 for five-axle trucks.
Tags: New York, New Jersey, Tolls, Port Authority of New York and New Jersey
After sponsoring three highly successful weight-loss challenges within the trucking industry, with more than 7,600 pounds lost, the Truckload Carriers Association has now added a 30-week maintenance component. Combined with the initial 10 weeks of weight loss, the entire program will last for 10 months in 2014, and will be called the “Long-Haul Weight Loss Showdown.”
Tags: Drivers, Driver health
December 1, 2013 - Industry News
The amount of freight on the spot market has jumped considerably over the last week, but rates have improved little, according to freight matching service provider DAT's latest numbers.
Tags: Freight, Spot Freight, DAT Transcore, Spot Rates
November 26, 2013 - Industry News
The parent of trucking companies, YRC Freight and others, YRC Worldwide, announced Tuesday that the Teamsters Union has set a two man committee meeting date of Dec. 6 for local labor leaders to review and to decide to submit the company's proposal to the membership for a ratification vote.
With the House and Senate going to conference on a Water Resources Development bill, the way is clear for transportation committees in both chambers to take up reauthorization of the federal highway program.
Tags: Legislation, Congress, Highway Funding, Highways, Infrastructure Funding
Trucking company Werner Enterprises recently introduced a three-tiered Million Mile Safe Driver Truck Program, designed to recognize professional Werner drivers who have achieved safe driving milestones of 1, 2 or 3 million miles.
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