Fleet Management

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December 22, 2014 - Industry News

Economic Watch: Existing Home Sales Post November Slide

After hitting their highest level of the year during October existing-home sales slid in November, according to figures released Monday by the National Association of Realtors

Tags: Economy, Home Sales

December 22, 2014 - Industry News

Record Travel Expected for Upcoming Holiday Season

Photo: Evan Lockridge

Traffic this year-end holiday season is projected to be at a record level, according to the motorist group AAA.

December 19, 2014 - Industry News

Trailer Orders Continue Hot Streak in November

Over 36,000 trailers were ordered in November, representing the 4th most orders of all time, according to ACT Research. Trailer orders were up 43% over last year.

Tags: Trailers, ACT Research, Trailer Orders

December 19, 2014 - Industry News

Truck Tonnage Index Hits Highest Recorded Level in November

Graph via ATA.

The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.

Tags: Economy, Freight, Truck Tonnage Index, American Trucking Associations

December 19, 2014 - Industry News

FreightWatch Issues Holiday Freight Security Advisory

The holiday shipping season is historically one of the most dangerous times for cargo theft, according to the logistics security services provider FreightWatch International.

Tags: Security, Cargo Theft, FreightWatch, Crime

December 19, 2014 - Industry News

Economic Watch: New Construction Jumps 13 Percent

The Dodge Index of new construction starts. Graphic: Dodge Data & Analytics

New construction starts in the U.S. climbed 13% in November from the month before to an annual rate of $677.8 billion, according to industry data provider Dodge Data & Analytics.

Tags: Economy, Construction

December 18, 2014 - Industry News

E-log Vendors Busy Implementing HOS Changes

Vendors are busy updating their hours-of-service applications in  response to recently HOS rule changes. (Photo courtesy of Telogis)

The recently enacted change to drivers hours-of-service rules, scrapping parts of the restart provision adopted in July 2013, has prompted telematics and e-log providers to hustle out updates to their hours-of-service applications.

Tags: Telematics, Information Technology, Compliance, E-logs, Hours of Service, 34-Hour Restart

December 18, 2014 - Industry News

Truckload Linehaul, Intermodal Rates Post Steady Increases Over Past Year

Despite a slight downturn from the month before newly released figures show in November the Cass Truckload Linehaul Index rose 6.7% year over year.

Tags: Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

December 18, 2014 - Industry News

Economic Watch: Leading Indicators Post Solid November Improvement

A measure of where the U.S. economy is headed in the next three to six months rose for the third consecutive month in November, according to a report issued Thursday by the private research group The Conference Board.

December 17, 2014 - Industry News

Federal Reserve: Economy Expanding at ‘Moderate Pace’

Federal Reserve Building. Photo by AgnosticPreachersKid via Wikipedia.

The U.S. Federal Reserve on Wednesday indicated it believes the American economy continues to expand at a moderate pace and would be able to handle a small hike in short-term interest rates.

Tags: Economy, Federal Reserve

December 17, 2014 - Industry News

New Jersey Tops List of Truck Freight Congestion

The George Washington Bridge: Photo via Wikipedia Commons.

The George Washington Bridge in Fort Lee, N.J. topped the list of the most congested locations for truck freight, according to analysis from the American Transportation Research Institute.

Tags: New Jersey, Traffic Congestion, ATRI, Freight, Bridges

December 17, 2014 - Industry News

Dart Increases Driver Pay, Offers Signing Bonuses

Dart announced increases in pay to drivers throughout the company’s network. Drivers will see anywhere from 2 cents to 10 cents per mile increases with the average increase being 5 cents per mile.

Tags: Dart, Driver Pay, Owner Operators, Dry Van

December 17, 2014 - Industry News

Autonomous Vehicles Near for Delivery Work, Report Says

A trend report published by DHL outlines the potential of autonomous technologies in transportation and logistics, and that the industry is well suited to take advantage of such technologies.

Tags: Technology, Self-Driving Vehicles, DHL

December 17, 2014 - Industry News

FedEx Increases Quarterly Profit 23%

Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.

Tags: Fleets, Earnings, FedEx, FedEx Freight

December 17, 2014 - Industry News

Spot Market Freight Rates Down Over Past Week

Graphic: DAT Solutions

A rally in spot market freight rates seen last week turned out to be short-lived, with across-the-board declines being reported in new numbers from the freight matching service provider DAT Solutions.

Tags: Spot Freight, Freight Rates, DAT Solutions

December 17, 2014 - Industry News

Economic Watch: Consumer Prices Post Largest Drop in 6 Years

Falling gasoline prices led to a sharp drop in U.S. consumer prices during November, the steepest rate in nearly six years, according to a U.S. Commerce Department released Wednesday morning.

Tags: Economy, Consumer Prices

December 16, 2014 - Industry News

Survey: Majority of Respondents Are Optimistic About Industry

A recent survey from Transport Capital Partners took a simple approach to assessing respondents’ industry outlook by simply asking: Is trucking starting to be fun again?

Tags: Survey, TCP, Transport Capital Partners

December 16, 2014 - Industry News

CSX Opens New Intermodal Terminal In Montreal

The Jacksonville, Fla.-based transportation company hopes to create opportunities for increased cross-border trade with the new terminal.

Tags: Intermodal, GSX

December 16, 2014 - Industry News

Economic Watch: New Home Starts Fall

Newly released figures show a drop in housing starts during November, with an even bigger decline in the number of new building permits issued -- but new home building remained above a 1 million unit annual rate for the third month in a row.

Tags: Housing Starts, Economy

December 15, 2014 - Industry News

ODFL Raising Rates Early Next Year

The less-than-truckload carrier Old Dominion Freight Line Inc. said Monday it will implement a general rate increase averaging 4.5%, effective January 5, 2015.

Tags: Old Dominion Freight Line, Fleets, Freight Rates

December 15, 2014 - Industry News

Economic Watch: Industrial Production Surges, Homebuilder Optimism Slips

U.S. industrial production surged in November by 1.3% from the month before, the largest gain since May 2010, according to new U.S. Federal Reserve figures.

Tags: Economy, Industrial Production, Home Building

December 15, 2014 - Industry News

ATA: New Survey Shows Driver Pay Competitive

Median pay for truck drivers is on par with the national median for U.S. households, while the trucking industry offers drivers “competitive" benefits, according to a new study from the American Trucking Associations.

Tags: ATA, Research, Driver Pay

December 15, 2014 - Industry News

Navistar to Close Indianapolis Foundry

Closing the Indianapolis foundry is expected to eliminate approximately 180 jobs and reduce Navistar's operating costs by about $13 million annually.

December 12, 2014 - Industry News

Old Dominion LTL Expands in Two Locations

Photo via Old Dominion.

Old Dominion Freight Line has expanded its less-than-truckload services in Portland, Ore., and Chattanooga, Tenn. The company opened a brand new facility in Portland and renovated an existing service center in Chattanooga.

Tags: New Facility, Old Dominion Freight Line, LTL, City of Chattanooga, Portland

December 12, 2014 - Industry News

Digi International Hires Industry Vet as CEO

Rob Konezny: Photo via PeopleNet.

Digi International elected Ron Konezny to be the president and CEO of the company effective Dec. 17, 2014. The previous president and CEO Joseph T. Dunsmore will retire when he is succeeded by Konezny.

Tags: Leadership, Trimble, PeopleNet, People, Digi International

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