Fleet Management

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January 28, 2016 - Industry News

Commercial Truck Demand to Slow, Parts Remain Stout

Commercial fleets will register a lower growth percentage of medium- and heavy-duty trucks in 2016, but feed strong demand for aftermarket parts, according to a new forecast from IHS Automotive.

Tags: Parts, Vehicle Registration, IHS Automotive, Forecast, Medium-Duty Trucks

January 28, 2016 - Industry News

Earnings Watch: Landstar Beats Fourth Quarter Expectations

The asset-light trucking and logistics provider Landstar Thursday reported a decline in its fourth quarter profit, but it was higher than expected, and the company also improved its annual performance.

Tags: Economy, Landstar, Landstar System, Fleet Earnings

January 28, 2016 - Industry News

Survey: Motor Carriers Expect Stable Growth in 2016

TCP survey indicates 61% of carriers expect to expand their fleets this year. Image: TCP

The year now unfolding will be one of “stability for trucking,” contends Transport Capital Partners, given the results of the consultancy’s Q4 survey of motor carrier executives.

Tags: Freight Rates, Freight Capacity, U.S. Economy

January 28, 2016 - Industry News

Judge Denies Retrial to Trucking Company in Amtrak Crash

A frame from the NTSB animation recreating the accident. Image: NTSB

A Nevada trucking company has been refused a retrial stemming from a fatal 2011 accident in which an Amtrak train was struck by a truck along U.S. 95, causing the deaths of 6 people, including the trucker.

Tags: Accidents, NTSB, Railroads, Litigation

January 28, 2016 - Industry News

Rising Demand for Aftermarket Parts and Service

John Blodgett, vice president of sales and marketing for MacKay & Co. Photo: Denise Rondini

Fleets spent $107 billion on parts and service in 2015, according to John Blodgett, vice president of sales and marketing for MacKay & Co.

Tags: Aftermarket, HDAW, MacKay and Co.

January 28, 2016 - Industry News

Economic Watch: Durable Goods Orders Sink as New Home Sales Jump

New orders for long-lasting durable goods plunged in December while shipments also fell, according to an advance report on Thursday from the U.S. Commerce Department, following a decision by the Federal Reserve to not raise a key interest rate.

Tags: Economy, Durable Goods, Home Sales, Federal Reserve

January 27, 2016 - Industry News

Earnings Watch: Lower Fourth Quarter Profits for Knight, Celadon

UPDATED -- Net income for two trucking and logistics companies experienced pullbacks in the fourth quarter of the year, according to earnings reports released Wednesday.

Tags: Economy, Celadon Trucking Services, Celadon Group, Knight Transportation, Fleet Earnings

January 27, 2016 - Industry News

Fontaine Opens F-650/F-750 Upfitting Center in Ohio

Photo of 2016 F-750 truck courtesy of Ford.

Fontaine Modification Vocational Services has opened a modification center in Avon Lake, Ohio, to provide modifications for Ford's 2016 F-650 and F-750 medium-duty trucks, including an exclusive tractor package for beverage fleets, the truck upfitter has announced.

Tags: Ford, Fontaine Modification, Ford F-650, Food and Beverage Fleets, Ship-Thru, Vocational Trucks, Vehicle Modifiers, Truck Equipment

January 27, 2016 - Industry News

Time Off Positively Impacts Driver Performance, Study Shows

Carriers can improve the productivity and performance of drivers by meeting their requests to take time off, according to the results of a recent study conducted by Stay Metrics.

Tags: Driver Shortage, Driver Performance, Driver Retention, Stay Metrics

January 27, 2016 - Industry News

Spot Freight Rates Continue Freefall

First, the good news. Last week’s winter storms had minimal effect on spot market truckload freight rates and load-to-truck ratios. Now, the bad news. Both managed to slip all on their own, with rates in the three major sectors being the lowest in at least the last four weeks.

Tags: Spot Freight, Freight Rates, DAT Solutions

January 27, 2016 - Industry News

Earnings Watch: Heartland Profit Drops, Patriot Moves Higher

Earnings for the trucking company Heartland Express Inc. (NASDAQ: HTLD) declined in both the final quarter of 2015 and all of last year due to less business while Patriot Transportation Holding Inc. (NASDAQ: PATI) saw an improvement due in large part to a legal settlement.

Tags: Economy, Patriot Transportation, Heartland Express, Florida Rock & Tank Lines, Fleet Earnings

January 27, 2016 - Industry News

Ohio Trucking Company Organizes Bottled Water Drive for Flint

Unloading donations of bottled water at Jet Express to be shipped to Flint, Mich. Photo courtesy Jet Express.

Kevin Burch grew up in Flint, Mich.,, so it's only natural that he would start a campaign to get trucking companies involved in providing bottled water to the city whose water has been poisoned by dangerous levels of lead.

Tags: Image, Jet Express

January 27, 2016 - Industry News

Economist: Low Risk of U.S. Recession

Economist Bob Dieli expects “truckable economic activity” to continue to grow at a pace similar to that of 2015. Photo: PacLease

The odds of a recession in the U.S. during the first three quarters are low, according to Bob Dieli, president and founder of RDLB, Inc.

Tags: Economy, HDAW

January 26, 2016 - Industry News

TCA and CarriersEdge Announce 20 Best Fleets to Drive For

Last year's winners on stage at the TCA Annual Convention. Photo: Deborah Lockridge

The Truckload Carriers Association and CarriersEdge have announced the 2016 Best Fleets to Drive For, a listing 20 for-hire trucking companies deemed to be outstanding workplace experiences for employees and truck drivers.

Tags: Truck Drivers, TCA, Best Fleets to Drive For, CarriersEdge

January 26, 2016 - Industry News

Marten Transport Increases Annual Profit Nearly 20 Percent

The trucking company Marten Transport Ltd. (NASDAQ: MRTN) on Tuesday announced slightly lower earnings for the fourth quarter of the year while seeing a 19.8% increase in its annual profit compared to a year earlier.

Tags: Economy, Marten Transport, Fleet Earnings

January 26, 2016 - Industry News

Economic Watch: Service Sector Loses Steam, Consumer Confidence Up

The latest reading on the health of the nation’s non-manufacturing/service sector of the economy shows it starting the year with slower growth. A separate report shows consumers aren’t paying much heed to recent volatility in financial markets as Federal Reserve officials begin a two-day meeting.

Tags: Economy, Consumer Confidence, Non-Manufacturing

January 25, 2016 - Industry News

Economic Outlook Shows Continued Slow Growth in 2016

LAS VEGAS -- The economy is expected to continue to expand at a pace slightly above trends for 2016, according to Bill Strauss, senior economist and economic advisor, Federal Reserve Bank of Chicago. Speaking in Las Vegas at Heavy Duty Aftermarket Dialogue Monday, Strauss talked about a number of factors affecting the economy and offered his thoughts on what we can expect for the year ahead.

Tags: Economy, HDAW

January 25, 2016 - Industry News

Earnings Watch: Swift Beats Expectations, Covenant Numbers Mixed

One of the nation’s largest trucking companies reported improved earnings for the final quarter of last year and beating its expectations for all of 2015 while another publicly held fleet's latest three-month numbers failed to live up to its annual performance.

Tags: Economy, Covenant Transport, Swift Transportation, Covenant Transportation Group, Fleet Earnings

January 25, 2016 - Industry News

CRST Acclaimed for Leadership Program

Brooke Willey and Dave Rusch spent the last several years building a leadership development program for CRST that has been key to the company's growth. Photo Credit: Corridor Business Journal

CRST International has been named a Top 10 Best Private Company for Leaders by Chief Executive magazine.

Tags: Leadership, Awards, CRST

January 25, 2016 - Product News

HDA Truck Pride Partners on Aftermarket Telematics

HDA Truck Pride has partnered with trucking telematics and fleet management solutions company iMatics to produce an aftermarket telematics program designed to help fleets and independent repair facilities.

Tags: telematics, Fleet Management Software, Aftermarket, HDA Truck Pride, Parts and Service

January 22, 2016 - Industry News

2015 A Banner Year for Trailer Shipments

Last year was the trailer industry’s best shipment year in history, edging out the previous record set in 1999.

Tags: Trailers, ACT Research, Trailer Orders

January 22, 2016 - Industry News

Economic Watch: Manufacturing, Housing Post Big Rebounds

U.S. manufacturers started the year with a rebound in output and new business growth, according to preliminary results of a survey released Friday. A separate report shows sales of existing homes were the best since before the Great Recession.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators

January 22, 2016 - Industry News

Earnings Season Begins with J.B. Hunt Profit Increase

Although many analysts are expecting generally lower fourth-quarter earnings for the nation’s publicly held companies, J.B. Hunt kicked off the earnings season for trucking on Thursday by reporting a 6% increase in profit.

Tags: Economy, Intermodal, JB Hunt, Fleet Earnings

January 21, 2016 - Industry News

ATA Warns Rhode Island on Policing Truck-Toll Dodging

Map shows 11 of 14 proposed locations for truck-only tolls in Rhode Island. Image: RI DOT

The American Trucking Associations has weighed in on the battle over truck-only tolling in Rhode Island by cautioning the governor against banking on revenues from the proposed tolls that are “premised on truck restrictions that are currently disallowed by federal and/or state law.”

Tags: ATA, Tolls, Electronic Tolls, Bridges

January 21, 2016 - Industry News

Heavy Duty Aftermarket Week Kicks Off Jan. 25

The 11th annual Heavy Duty Aftermarket Week is a gathering of the independent heavy-duty aftermarket industry. Set to begin on Jan. 25, it will offer educational programs, a product expo, peer networking, social activities and meetings for suppliers and distributors.

Tags: Aftermarket, Events, HDAW

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