May 22, 2015 - Industry News
Heniff Transportation Systems has acquired Horizon Tank Lines, expanding Heniff’s footprint into the Southeastern U.S.
Tags: Mergers & Acquisitions, Liquid Tank Trailers, Bulk Hauling
Two owners of a Brooklyn, NY, CDL driving school had to forfeit cash and assets totally more than $175,000 in a plea deal for charges stemming from a massive, 11-year long testing fraud scheme.
Tags: CDL, Fraud, Truck Driving Schools
Old Dominion Freight Line announced that Greg C. Gantt has been promoted to the president and chief operating officer of the company, replacing David S. Congdon as the company’s president.
Tags: Leadership, Old Dominion Freight Line, People, Promotions
Net orders for Class 8 trucks fell to just over 22,400 units in April, the lowest amount since November 2013, according to ACT Research.
Tags: Class 8, ACT Research, Truck Orders
Consumer prices moved barely higher in April, but it was the third consecutive monthly increase, according to a new Commerce Department report.
Tags: Economy, Consumer Prices
May 21, 2015 - Industry News
The Harbor Truck Association has announced that it is supporting a new plan to reduce congestion at the Ports of Los Angeles and Long Beach.
Tags: Ports, Strikes, Port Trucking
Continental Tire the Americas has been named the tire sponsor of the ChampTruck truck racing series in 2015.
Tags: Tires, Continental Tire the Americas, ChampTruck, Racing
Truckload linehaul rates declined in April from the month before while intermodal rates moved higher, according to two separate reports released on Thursday.
Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
A first look at the nation’s manufacturing sector shows activity has declined for the second straight month. However, a measure of future economy activity is on the upswing.
Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators
May 20, 2015 - Industry News
Peter DeFazio and 19 Committee Democrats have introduced the Obama Administration’s GROW AMERICA Act as a long-term surface transportation funding measure.
Tags: Highway Funding, Highway Trust Fund, Legislation
CarrierWeb has appointed James B. Gamache as president of its U.S. operations, taking over the role from R. Fenton-May.
Tags: telematics, People, eLogs, CarrierWeb
An upturn in spot market truckload freight rates seen the previous week ran out of steam quickly, according to new numbers from the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
May 19, 2015 - Industry News
The House of Representatives on Tuesday passed a temporary extension of the highway bill that will fund transportation projects through July.
Tags: Highway Bill, Highway Trust Fund, Congress, Legislation
American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index fell 3% to 128.6 in April to the lowest level in a year.
Tags: ATA, Freight, GDP, Truck Tonnage Index
New homes starts in the U.S. increased dramatically in April from the month before, jumping 20.2% and hitting its highest level in more than seven years.
Tags: Economy, Housing Starts, Home Building
May 18, 2015 - Industry News
Göran Nyberg, Volvo Truck North America president, is concerned that the upcoming Phase 2 round of GHG regulations could push back hard against the advance of truck technology.
Tags: GHG, Greenhouse Gas Emissions, Volvo Trucks
May 18, 2015 - Product News
Bam Worldwide announced Bamwire, a specialty asset-based lending platform for motor carriers designed to help small fleets grow their business.
Tags: Freight, Small Fleets, Factoring
Sales and shipments of cutaways, low cab-over-engine and strip chassis trucks moved higher in the first two months of 2015 compared to a year ago, yet 2015 should be as volatile as 2014, according to the NTEA.
Tags: NTEA, Vehicle Purchasing, Truck Sales, Cabovers, Chassis Cab Trucks, Canada, Mexico
May 17, 2015 - Industry News
U.S. industrial production fell 0.3% in April for its fifth consecutive monthly loss, according to a Federal Reserve report issued Friday.
Tags: Economy, Consumer Confidence, Industrial Production, Consumer Sentiment
May 15, 2015 - Industry News
Rep. Bill Shuster and Rep. Paul Ryan released a joint statement about their own proposal to extend spending authority for the Highway Trust Fund through the end of July.
Tags: Congress, Highway Funding, Highway Bill
Walmart is planning to test an online shipping subscription service similar to Amazon Prime, according to a report from The Information.
Tags: Information Technology, Amazon.com, Walmart, Retail Sector, Shipping Service
Dragan Simovski, the operator of Illinois-based Freedom Transportation was sentenced to 3 years in prison for his connection to an illegal double-brokering scheme.
Tags: Office of Inspector General, Crime & Fraud, Brokers
May 14, 2015 - Industry News
With one week left to pass a short-term funding extension two key Democratic lawmakers have introduced a measure to extend the authorization of surface transportation programs into this July.
Tags: Highway Funding, U.S. Senate, Highway Bill
May 13, 2015 - Industry News
The House Appropriations Committee has approved a $55-billion spending bill that includes a provision to allow 33-foot long double trailers on Interstate and other highways— regardless of state laws.
Tags: Congress, Highway Funding, Trailers, 34-Hour Restart, Insurance
A measure of the amount of freight moved by the for-hire transportation industry in the U.S. increased in March, reversing a one-month decline and posting its biggest gain since last July, according a report released Wednesday.
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