June 29, 2015 - Industry News
Memphis, Tenn.-based third party logistics provider ReTrans Inc. is being purchased by the Kuehne Nagel Group, the latest in a series of moves by companies extending their reach into trans-Atlantic freight.
Tags: Intermodal, Mergers & Acquisitions, Fleets, 3PL, Global
Sysco has terminated its merger with US Foods after the Federal Trade Commission’s request for preliminary injunction to block the deal was granted.
Tags: Federal Trade Commission, Mergers & Acquisitions, Sysco, US Foods
Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.
Tags: GE Capital Fleet Services, GE Capital, Element Financial, Mergers & Acquisitions, Equity Markets, Fleet Management Companies
June 26, 2015 - Industry News
Before heading out the door on June 26 for an 11-day Congressional recess, the Republican majority in the Senate flexed its political muscle to move forward an array of legislative efforts widely favored if not outright lobbied for by trucking stakeholders.
Tags: U.S. Senate, Truck Size/Weight, Highway Funding, ELD, Speed Limiter, 34-Hour Restart, CSA, FMCSA
American consumers are feeling better about the economy with one measure hitting its highest level since January.
Tags: Economy, Consumer Confidence, Consumer Spending
The Port of Oakland has announced that it is testing sensors to measure how long trucks servicing the port are waiting to enter marine terminals.
Tags: Ports, Congestion, Port Trucking
GE Capital has released a national survey of middle-market trucking company executives examining the financial performance, operational issues and economic outlook of trucking businesses.
Tags: GE Capital, Industry Research, Survey
June 26, 2015 - Product News
GE Capital Fleet Services has announced a contract with Verizon Networkfleet to offer customers an electronic truck-compliance system for the upcoming electronic hours of service regulation requirements.
Tags: Information Technology, J.J. Keller, GE Capital Fleet Services, HOS, eLogs, Verizon Networkfleet
June 25, 2015 - Industry News
More than 10,000 veterans and active duty personnel have taken advantage of the Federal Motor Carrier Safety Administration’s Military Skills Test Waiver Program since it began in 2011.
Tags: FMCSA, CDL, Veterans
Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.
Tags: Economy, Consumer Spending, Non-Manufacturing, Personal Income
The value of U.S.-NAFTA freight totaled $93.3 billion in April, according to new U.S. Transportation Department figures, down 6.8% from the same time a year earlier.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight
A three-day protest at the Port of New Orleans by independent truck drivers has come to an end after meetings between the truckers and terminal operators.
Tags: New Orleans, Ports, Driver Pay, Port Trucking
Is driver over-reliance on this technology an unintended downside of having this lifesaving equipment onboard? That's what a panel of subject matter experts at the upcoming Fleet Safety Conference will be exploring.
Tags: Fleet Safety Conference, Safe Driving, Fleet Events
Daimler Trucks North America announced that it has become a minority investor in Zonar Systems as part of a long-term strategic partnership.
Tags: Telematics, Virtual Technician, Zonar, Daimler Trucks North America, Information Technology
June 24, 2015 - Industry News
Con-way Inc. has announced that Hank M. Bartos will act as the interim president of Con-way Truckload while the company seeks a permanent top executive.
Tags: Leadership, People, Con-Way, Con-way Truckload
June 24, 2015 - Product News
Rand McNally has released the 2016 edition of its Motor Carriers’ Road Atlas with updated maps and content for drivers.
Tags: Rand McNally, Motor Carriers Road Atlas, Navigation
UPDATED -- The Rhode Island Senate has approved a $1.1 billion plan allowing the state to create a toll on large commercial vehicles traveling through the state -- but it's unlikely it will go anywhere in the House.
Tags: Tolls, Rhode Island, Infrastructure Funding
The U.S. economy contracted less in the first quarter of the year than previously estimated, according to a Commerce Department report released Wednesday.
Tags: Economy, GDP, Home Sales
A bipartisan effort by four key Senators led the Senate Environment & Public Works Committee on June 24 to recommend that the full Senate consider a six-year bill that calls for spending $350 billion on surface-transportation infrastructure.
Tags: Highway Funding, Legislation, U.S. Congress, Elected Leaders
A former fleet employee of the City of Ashland, Ky., has been indicted for purchasing $143,000 in tires that are unaccounted for.
Tags: Procurement, Tires, Parts Management, Crime & Fraud
Average spot truckload rates dipped during the week ending June 20 compared to the previous week but remain well above the averages for May, according to DAT Solutions, which operates the DAT network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions
June 23, 2015 - Industry News
Soft manufacturing numbers are still affecting truck freight, with the American Trucking Associations' Truck Tonnage Index rising only 1.1% in May following a 1.4% loss in April.
Tags: ATA, Freight, Truck Tonnage Index, American Trucking Associations
The numbers are in and 2014 was the “best year for the supply chain industry since the Great Recession.” Nonetheless, the truck-driver shortage still greatly concerns the logistics sector.
Tags: Driver Shortage, State of Logistics Report
Jecka Glasman will succeed Todd Bloom as president and CEO for Mitsubishi Fuso Truck of America, Inc. (MFTA) on July 1, the company has announced.
Tags: C-Suite, Mitsubishi Fuso, Promotions
Compared to the 2014 Green Fleet Conference & Expo, fleet attendee count for the now renamed and expanded show has so far doubled in 2015.
Tags: Fleet Technology Expo, Fleet Events, Bobit Business Media
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