Fleet Management

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September 18, 2014 - Industry News

Study: More Money Doesn’t Equal Better Highways

Photo: Evan Lockridge

More money is going to state highways, but there has been very little progress in improving their condition, according to a new report from the libertarian think tank the Reason Foundation and its 21st Annual Highway Report.

Tags: Research, Highway Funding, Highways

September 18, 2014 - Industry News

New Commercial Vans Offer Improved Residual Value

Ram ProMaster: Photo by Vince Taroc.

A lineup of new full-size commercial vans from Chrysler/Ram, Ford, and Mercedes-Benz will deliver significantly higher residual value that their counterparts from previous generations, according to ALG’s latest industry projection.

Tags: Residual Values, ALG, Ford Transit, Mercedes-Benz Sprinter, Ram ProMaster

September 18, 2014 - Industry News

ATRI Adds Resource for Sustainable Freight Practices

Graphic via ATRI.

The American Transportation Research Institute has added a compendium of sustainable freight practices on its website.

Tags: Sustainability, ATRI, Fleets, Aerodynamics

September 18, 2014 - Industry News

Economic Watch: Housing Starts Dive in August Following July Surge

Housing starts in the U.S. plunged in August from the month before but the level of activity was still higher than the same time a year earlier, according to the U.S. Commerce Department.

Tags: Economy, Home Starts, Home Building

September 17, 2014 - Industry News

YRCW Improving, Expecting Better Profits

Photo: Evan Lockridge

YRC Freight CEO James Welch said while business in the first half of the year kept pace with its forecast, improvements are taking longer than originally anticipated at the national less-than-truckload carrier.

Tags: Fleets, Earnings, YRC Worldwide, LTL

September 17, 2014 - Industry News

House Panel Sees Important, Limited Role for Public-Private Partnerships

Private investment can work well as a funding source for some infrastructure projects, particularly those that are very expensive and complex, but it is not useful for most projects. That’s the message from a House study on the benefits and risks of using public-private partnerships to pay for highways and other transportation projects.

Tags: Highway Funding, U.S. House, Public Private Partnerships, U.S. DOT

September 17, 2014 - Industry News

Spot Freight Rates Gain in Latest Weekly Report

Credit: DAT

Freight rates on the spot market posted solid gains over the past week as the number of loads available has moved higher and capacity has jumped.

Tags: Spot Freight, DAT Transcore, Freight Rates

September 17, 2014 - Industry News

Economic Watch: Consumer Prices Fall, Homebuilders Most Optimistic Since 2005

The threat of inflation to the U.S. economy appears to be muted, with a report issued Wednesday showing consumer prices in August fell for the first time in 16 months.

Tags: Economy, Fuel Consumption Index, Home Building, Consumer Prices

September 17, 2014 - Industry News

Driver Shortage Leads Quality Carriers to Start Bulk Rail Intermodal Service

Quality said it completed testing of the service with its western rail partner earlier in the current quarter and has begun initial shipments with some of its largest customers.

Tags: Drivers, Driver Shortage, Intermodal, Fleets, Quality Distribution, Quality Carriers

September 17, 2014 - Industry News

FedEx Quarterly Profit Surges 24% to $606 Million

Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.

Tags: Earnings, FedEx, Equity Markets

September 16, 2014 - Industry News

Volvo Launches Premium Certified Used Truck Program

The Volvo Used Truck Search: via Volvo Trucks.

The new Volvo Premium Certified truck program inspects and reconditions used Volvo trucks for resale.

Tags: Information Technology, Volvo Trucks, Used Trucks, Truck Warranty

September 16, 2014 - Industry News

Transport Interests Attack Conservatives’ Highway Bill

A bid by conservatives in the House and Senate to effectively eliminate the federal highway program is drawing fire from American Trucking Associations and other transportation interests.

Tags: Congress, Fuel Tax, Highway Funding, Legislation, Highway Trust Fund, Gasoline Tax, American Trucking Associations, ATA

September 16, 2014 - Industry News

DAT: August Spot Rates, Freight Volume Higher Than Year Earlier

UPDATED -- Spot market freight volume continued to achieve record-setting levels in August, increasing 32% compared to the same month in 2013, while freight availability remained constant.

Tags: Spot Freight, DAT Transcore, Freight Rates

September 16, 2014 - Industry News

Cargo Container Volume Mixed at Ports of Los Angeles, Long Beach

The Port of Los Angeles.

The Port of Los Angeles in August saw overall volume increase 6.7% compared to the same time last year, but it fell at the nearby Port of Long Beach.

Tags: Port of Los Angeles, Port of Long Beach, Ports, Port Trucking

September 16, 2014 - Industry News

DAT White Paper Examines Causes, Results of Freight Capacity Crunch

Freight transportation capacity has been subject to enormous pressure from a number of sources for a little more than a year, leading to higher rates and even jeopardizing some long-standing business relationships

Tags: Research, Spot Freight, DAT Transcore, Freight Rates

September 16, 2014 - Industry News

Economic Watch: Producer Prices Unchanged in August

The Producer Price Index was unchanged, following a 0.1% gain in July and a 0.4% jump during June.

Tags: Economy, Producer Prices

September 15, 2014 - Industry News

McLeod Software CEO Highlights Connected Concept

To be successful in the future, trucking companies, 3PLs and brokers need to run connected companies where data flows freely within their company and without. Tom McLeod, founder and CEO of McLeod Software, discussed this topic with customers attending the company’s annual user conference in Washington, D.C. Sept. 14-16, a concept McLeod called “the connected enterprise.”

Tags: Information Technology, McLeod Software

September 15, 2014 - Industry News

Laredo Con-Way Freight Truckers Vote to Join Teamsters

The 55-49 decision makes this the first time employees at what is one of the nation’s largest less-than-truckload carriers have voted to be represented by the union.

Tags: Drivers, Con-way Freight, Fleets, Teamsters, Labor Unions

September 15, 2014 - Industry News

Survey Shows Large Carriers Have An Edge Over Smaller Carriers

Photo via International.

In its inaugural trucking industry benchmarking survey, Katz, Sapper & Miller and McLeod Software released key findings about large, medium and small truckload carriers.

Tags: Operating Costs, Survey, Fleets, McLeod Software, Small Fleets, KSM, Large Fleets

September 15, 2014 - Industry News

XPO Logistics Getting $700 Million for Acquisitions

PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.

Tags: Fleets, XPO Logistics

September 15, 2014 - Industry News

Economic Watch: Industrial Production Falls Slightly

Photo: Evan Lockridge

Industrial production in the U.S. fell slightly in August, its first decline since January, according to a report released Monday by the Federal Reserve.

Tags: Economy, Industrial Production, Consumer Sentiment

September 15, 2014 - Industry News

Covenant Transportation Group Projects Lower Third Quarter Net Income

The parent company to trucking operations including Covenant Transport and others has issued expectations for its upcoming third quarter financial results.

Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group

September 15, 2014 - Industry News

Section of I-15 Partially Reopens to Commercial Traffic

The Nevada Department of Transportation reopened Interstate 15 north of Las Vegas Friday after 4 p.m., but only partially for commercial vehicles.

Tags: Road Construction, I-15, Road Closure, Interstate 15, Nevada, Highways

September 15, 2014 - Industry News

PierPass Program Reduces Truck Turn Times at SoCal Ports

Photo via Wikipedia.

PierPass Inc. has launched a new test program called the Free-Flow Program to reduce the time trucks spend picking up containers at marine terminals.

Tags: Port of Long Beach, Intermodal, Shipping Ports, Port of Los Angeles

September 12, 2014 - Industry News

Economic Watch: Retail Sales Best in Four Months

Photo: Evan Lockridge

The U.S. Commerce Department on Friday reported August retail sales were up 0.6% from the month before and 5% higher than the same time a year ago.

Tags: Economy, Retail Sales

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