October 29, 2015 - Industry News
The value of freight moved between the U.S. and its neighbors Canada and Mexico fell in August, totaling $92.4 billion, thanks largely to the drop in fuel and oil prices moved by pipeline and vessel.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Railroads, Freight, Global
Just a day before current funding was set to expire, the Senate on Oct. 28 approved by voice vote the short highway-bill extension that had been passed by the House a day earlier.
Tags: Highway Funding, U.S. House of Representatives, U.S. Senate, Highway Bill
Economic growth in the U.S. lost a good portion of its momentum in the third quarter of the year, but the performance still may still be strong enough for the Federal Reserve to push interest rates higher before the year is out.
Tags: Economy, GDP, Federal Reserve, Interest Rates, Inventories
October 28, 2015 - Product News
Convoy has officially launched after it raised $2.5 million in seed funding from an investment group that included Amazon founder Jeff Bezos. The Seattle-based startup company provides an Uber-like service for booking on-demand shipments that also tracks location.
Tags: Information Technology, Amazon.com, Uber, On-Demand
October 28, 2015 - Industry News
One trucking company serving mainly the less-than-truckload market and another in the truckload sector have both reported lower third quarter earnings.
Tags: Economy, Heartland Express, Saia, Fleet Earnings
October 27, 2015 - Industry News
A stretch of recently leaner times for at least one part of the nation’s manufacturing sector could be nearing an end, despite a new report showing lower new orders.
Tags: Economy, Durable Goods, Manufacturing, Consumer Sentiment
Playing beat the clock, the House of Representatives today approved by voice vote a three-week extension of transportation funding.
Tags: Railroads, Highway Funding, U.S. House of Representatives, Highway Trust Fund
Hino has expanded its Insight factory telematics platform under a partnership with Telogis, and will offer the telematics, remote diagnostics, and case management as standard equipment on its 2017 model-year medium-duty trucks.
Tags: Telogis, Hino Trucks, Medium-Duty Trucks, Telematics
Element Fleet Management has signed a strategic global agreement that brings Telogis' connected vehicle technologies and mobile apps to the fleet management company's commercial fleet customers.
Tags: Telogis, Mobile Apps, Element Fleet Management
October 26, 2015 - Industry News
The latest proposed extension of federal highway funding includes a provision to delay a mandate for automatic-braking equipment on trains that could turn passing the measure into a game of political football.
Sales of newly built, single-family homes fell to their lowest level since last November, while a separate report shows the first improvement in the nation’s manufacturing sector in five months.
Tags: Economy, Home Sales, Manufacturing
October 25, 2015 - Industry News
A letter signed by eight businesses and associations that together represent over 9,500 motor carriers, brokers and shippers has been sent to the House opposing a section of the long-term highway bill because it “could cripple small-business truckers.”
Tags: U.S. House of Representatives, Small Fleets, Highway Bill, Small Business
October 23, 2015 - Industry News
San Francisco-based Voyomotive plans to offer an OBD II controller that can provide an array of vehicle performance and diagnostics data to a user's smartphone as a lower-cost telematics solution.
Tags: Stop-Start, Vehicle Diagnostics, Crowdfunding Platform, OBDII Device, Silicon Valley
One truck maker has reported its third quarter profit doubled and is considering the sale of its used truck business while one of the nation’s largest trucking fleets has reported new records for the period in several areas.
Tags: Economy, Volvo Trucks, Mack Trucks, Earnings, Landstar System, Fleet Earnings
A federal court awarded $240,000 to two former drivers, Somalian-American Muslims whose religious beliefs were violated by an Illinois trucking company that fired them for refusing to deliver alcohol.
Tags: Litigation, EEOC, Discrimination Complaint
The survey found that in the U.S., women make up 19.2% of director positions, slightly less than the 20.8% of seats filled by women in Canada.
Tags: Women in Trucking Association, Women in Fleet Management
October 22, 2015 - Industry News
“There’s a silver lining in this, and it’s that they still believe in the show,” said Toby Young, who heads the sponsoring organization. "They want to be here in 2017, and I think they’ll be assessing the damage by not being here in 2016.”
Tags: Mid-America Trucking Show, Louisville, MATS, OEMs
Existing home sales rebounded strongly in September following an August decline, according to the National Association of Realtors. That's not the only good news when it comes to an improving home market, and a separate report shows the overall economy isn't as bad as you may think.
Tags: Economy, Home Sales, Leading Economic Indicators, Home Building
The House Transportation and Infrastructure Committee unanimously approved its version of a long-term highway bill, the Surface Transportation Reauthorization and Reform (STRR) Act of 2015 (H.R. 3763).
Tags: Highway Funding, U.S. House of Representatives, Legislation, Infrastructure Funding
Daimler AG, Dana and Rush Enterprises all saw weaker third-quarter financials compared to a year ago, thanks in part to the recession in Brazil and the downturn in the North American oil and gas industry.
Tags: Economy, Daimler Trucks, Daimler AG, Dana Holding Corp., Rush Enterprises, Earnings, Daimler Trucks North America
The U.S. Postal Service has requested prototypes from 15 qualified suppliers for a purpose-built delivery vehicle that would replace its aging fleet of Long Life Vehicles (LLVs).
Tags: Vehicle Purchasing, USPS, Delivery Fleets, Vehicle Testing
Two large trucking fleets reported big increases in profits for the third quarter of the year. A fleet management and related services conglomerate also saw a hike, but things slipped for a niche trucking provider.
Tags: Economy, Ryder, Werner Enterprises, Forward Air, Knight Transportation, Fleet Earnings
October 21, 2015 - Industry News
Like the other Class 8 OEMs, Peterbilt will return to the Mid-America Trucking Show in 2017, and will alternate its presence with the biennial IAA Commercial Vehicle show in Hannover, Germany.
Tags: Peterbilt Motors Company, Mid-America Trucking Show, MATS
A new nationwide poll indicates Americans look favorably on how truckers drive and how trucking supports the economy.
Tags: ATA, Truck Drivers, ATA MC&E
Data solutions provider SMC³ has acquired Maryland-based fleet management software companyTransportation Costing Group.
Tags: Software, Mergers & Acquisitions, Truckload, Big Data, Less Than Truckload
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