July 29, 2015 - Industry News
The House late Wednesday passed a short-term extension to keep federal highway funding going until October 29, right before members left on August recess, leaving the Senate to deal with before the looming Friday deadline.
Tags: Congress, Highway Funding, Highway Trust Fund
Five more trucking companies have reported quarterly earnings – but not all showed gains over a year ago.
Tags: Economy, Con-way Freight, Celadon Group, Roadrunner Transportation, Con-way Truckload, Heartland Express, Saia, Con-way Inc., Fleet Earnings
CRST founder Herald “Smitty” Smith Jr. passed away on July 27 at his home in Door County, Wis., at the age of 91.
Tags: Obituary, People, CRST
Thirteen large corporations have signed the White House's American Business Act on Climate Pledge, with companies such as UPS, Coca-Cola and PepsiCo using "greener" fleets to help meet carbon footprint goals.
Tags: UPS, PepsiCo, Coca-Cola, White House, President Obama, Emissions Reduction, Carbon Footprint, Alternative Fuels
Seasonal trends continued to push spot market freight rates and availability lower for the week ending July 25, according to new figures released by DAT Solutions, the operator of the DAT network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions
It looks like Congress is going to kick the can down the road again when it comes to highway funding after what looked like a game of "chicken" in recent days.
Tags: Highway Funding, U.S. Congress
A key element of DTNA’s aftermarket strategy is greater collaboration with Zonar Systems, the technology firm that it acquired a minority stake in late last month as part of a long-term strategic partnership.
Tags: Telematics, Zonar, Daimler Trucks North America
July 28, 2015 - Industry News
Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution to help it expand its cross-border business into Mexico.
Tags: Cross-Border Trucking, Roadrunner Transportation, Mergers & Acquisitions
Trucking Moves America Forward is offering trailer wraps as a way to promote the industry image and education program.
Tags: Community Outreach, Trucking Moves America Forward, Vehicle Wraps, Image
UPDATED -- Economic Watch: Consumers are not feeling quite as rosy about the U.S. economy, while a separate report shows a rebound in economic conditions for the U.S. services sector.
Tags: Economy, Consumer Confidence, Non-Manufacturing
Trucking and parcel delivery giant UPS reported a huge increase in its second quarter profit – 170% – despite a slight drop in revenue.
Tags: Economy, UPS, UPS Freight, Fleet Earnings
Truck engine manufacturer Cummins increased both second quarter revenue and net income, while truck and engine maker Paccar reported record quarterly net income.
Tags: Economy, Cummins, Earnings, Paccar, Peterbilt, Kenworth
July 27, 2015 - Industry News
UPDATED: An issue unrelated to transportation may keep the House from taking up the Senate's six-year highway bill. The clock is ticking as funds run out midnight Friday and the House is leaving for August recess.
Tags: Legislation, Highway Funding, U.S. Congress
Truckload giant Swift Transportation increased its second quarter profit by more than 20% from a year ago despite an overall downturn in revenue.
Tags: Economy, Swift Transportation, Fleet Earnings, Truckload
The California Construction Trucking Association has been renamed the Western States Trucking Association in a move to better represent its more diverse membership.
Tags: Associations, California Construction Trucking Association, California, Western States Trucking Association
Freight volumes are projected to grow nearly 29% over the next 11 years, according to a report released by American Trucking Associations.
Tags: ATA, Forecast, Intermodal, Freight
New orders and shipments for manufactured durable goods rebounded in June following two straight monthly drops, while business investment also turned around, according to the Commerce Department.
Tags: Economy, Durable Goods, Manufacturing
July 26, 2015 - Industry News
As of late Sunday evening, Senate Majority Leader Mitch McConnell had managed to steer the multi-year highway bill introduced last week beyond some legislative potholes that had threatened to slow the process of getting the measure to the House for consideration.
Tags: Highway Funding, U.S. House of Representatives, U.S. Senate, Highway Trust Fund
July 24, 2015 - Industry News
Sales of newly built, single-family homes in the U.S. dropped 6.8% in June from the previous month but are still up 18% over last year.
Tags: Economy, Manufacturing, Home Sales
The asset-light freight transportation and logistics provider Universal Truckload Services reported second quarter net income of $13.3 million, down just slightly from $13.6 million a year earlier.
Tags: Economy, Universal Truckload, Fleet Earnings
July 23, 2015 - Industry News
Are drivers who handle the drayage of intermodal containers into and out of the nation's ports employees or independent contractors? The controversy was visible this week at ports on both coasts.
Tags: Ports, Teamsters, Independent Contractors, Drayage
Earnings season continued on Thursday, with results reported by the world’s largest truck manufacturer along with results from one component supplier and a major owner-operator trucking company.
Tags: Economy, Daimler Trucks, Daimler AG, Dana Holding Corp., Earnings, Dana, Landstar System, Fleet Earnings
Drivers should expect delays and a detour on westbound Interstate 94 in St. Paul, Minn., according to the Minnesota Department of Transportation.
Tags: Minnesota Department of Transportation, Detours, Road Closure
July 23, 2015 - Product News
Mack Trucks has activated its GuardDog Connect integrated telematics solution in more than 25,000 models since the product launched in 2014.
Tags: Telematics, Mack Trucks, Diagnostics
A measure of where the American economy is headed in the next three to six months increased again, according to figures released on Thursday.
Tags: Economy, The Conference Board, Leading Economic Indicators
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