Fleet Management

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February 18, 2015 - Industry News

Neptune Orient Sells APL Logistics for $1.2 Billion

Photo: APL Logistics

Singapore’s global container shipping and logistics company Neptune Orient Lines Ltd. has reached an agreement to sell its APL Logistics business for $1.2 billion.

Tags: Mergers & Acquisitions, Port Trucking, Intermodal

February 18, 2015 - Industry News

Trucking Conditions Index Shows Improvements

FTR's Trucking Conditions Index for 2013 and 2014. Graphic: FTR

Business conditions in the trucking industry improved dramatically the final month of 2014, according to a new report from the transportation forecasting firm FTR.

Tags: Economy, Research, FTR, Trucking Conditions Index

February 18, 2015 - Industry News

Spot Freight Rates Continue Decline as Capacity Rebounds

The amount of freight available to haul declined 4.5% the second week of February compared to the week before while capacity increased 10%, causing rates to slide in the major equipment categories for the third straight week.

Tags: Spot Freight, Freight Rates, DAT Solutions

February 17, 2015 - Product News

ComFreight Announces Back Office Integration

ComFreight has announced a new API which integrates the company's applications with a customer's back office software.

Tags: Freight, API, Mobile Apps, ComFreight

February 17, 2015 - Industry News

Economic Watch: Homebuilder, Consumer Confidence Ease

Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Tuesday.

Tags: Economy, Consumer Confidence, Home Building

February 16, 2015 - Industry News

Radiant Logistics Grows Quarterly Profit

Non-asset based trucking and logistics provider Radiant Logistics Inc. managed to triple its net income during the most recent quarter, but it was still just barely in the black.

Tags: Earnings, Radiant Logistics

February 16, 2015 - Industry News

DAT: Spot Freight Rates, Volume Post Seasonal Decline in January

Volume plummeted 27% compared to the same time in 2014. It was the first year-over-year decline in 19 months for the index that measures spot truckload freight demand and capacity.

Tags: Spot Freight, Freight Rates, Freight Index, DAT Solutions

February 16, 2015 - Industry News

Sentence Handed Down in Household Goods Moving Scheme

A Pennsylvania man has been sentenced by a federal court after pleading guilty earlier to charges of conspiracy to commit extortion in a household good moving scheme.

Tags: FMCSA, Office of Inspector General, Crime & Fraud, Household Goods Movers

February 16, 2015 - Industry News

FreightWatch Issues Advisory Over Truckstop/Highway Thefts

Over the past several weeks, the logistics security services provider FreightWatch International has received reports of over 40 pilferage events at truckstops and highway pull-offs in one state.

Tags: Arkansas, Truckstops, Cargo Theft, FreightWatch, Crime, I-40, I-55

February 16, 2015 - Industry News

Postal Service Seeking Next-Gen Delivery Vehicle

Photo of exising USPS vehicle via Wikimedia.

The U.S. Postal Service will meet with automotive manufacturers in Washington, D.C., this week to field questions about its proposal to replace its aging delivery fleet with a next-generation vehicle, according to federal records.

Tags: General Motors, USPS, Delivery Fleets

February 13, 2015 - Industry News

The TMC Annual Meeting Kicks off on President’s Day

Booths at the 2014 TMC Annual Meeting.

The American Trucking Association’s Technology and Maintenance Council is holding its Annual Meeting from Feb. 16-19 at the Music City Center in Nashville. This year’s event will be themed “Fueling the Future.”

Tags: ATA, Events, TMC, Alternative Fuels

February 12, 2015 - Industry News

Mobile Devices Could Become Profit Centers for Carriers

Mobile devices could become profit centers for carriers, according to Laura Lohrke, product manager for mobile, Omnitracs during a session at the company’s user conference in Dallas .

Tags: Driver Productivity, Delivery Fleets, Mobile Apps, Information Technology

February 12, 2015 - Industry News

Driver Issues May Hurt Trucking Industry Growth in 2015

Driver shortages, driver turnover and regulations could all affect the potential growth of the trucking industry in 2015, according to analysis from GE Capital.

Tags: GE Capital, Driver Shortage, Truck Orders, Freight, Industry Trends

February 12, 2015 - Product News

Kenworth, Paccar Offer Extended Warranty Program

Kenworth and Paccar Financial are offering an Extended Warranty Program for U.S. customers purchasing new Kenworth Class 8 trucks financed through PACCAR.

Tags: Kenworth, Class 8, Paccar Financial, Truck Warranty

February 12, 2015 - Industry News

West Coast Ports Suspend Ship Loading and Unloading

Photo taken Feb. 6,at the Port of Long Beach. Credit: ILWU

Shipping companies represented by the Pacific Maritime Association are suspending the loading and unloading of vessels during four of the next five days as labor unrest at West Coast Ports continues.

Tags: Ports, Port Trucking, Labor Unions

February 12, 2015 - Industry News

Parcel Carrier LSO Purchases Express Courier International

Regional parcel carrier LSO, has announced the acquisition of Express Courier International, a same-day carrier in the southeast and mid-south region, to form what it describes as “a super-regional parcel carrier.”

Tags: Mergers & Acquisitions

February 12, 2015 - Industry News

Economic Watch: Retail Sales Slump, Container Volume to Increase

U.S. retail sales slumped in January for the second straight months, falling 0.8% from the month before, according to a new Commerce Department report and double the amount forecast by many economists.

Tags: Economy, Retail Sales, Freight, Ports, Port Trucking

February 12, 2015 - Industry News

Urgency Stressed in First Highway-Bill Hearing

Photo via Transportation and Infrastructure Committee

Urgent need was the phrase most emphasized during the first hearing of the U.S. House Committee on Transportation & Infrastructure on reauthorizing the surface-transportation bill, which was held Wednesday on Capitol Hill.

Tags: Infrastructure Funding, House Transportation and Infrastructure Committee, Bill Shuster, Highway Bill

February 11, 2015 - Industry News

For-Hire Freight Index Stable, Remains Near Record High

U.S. DOT Freight Transportation Services Index, December 2009 - December 2014. Graphic: U.S. DOT

The latest reading on freight movements in the U.S. shows the amount carried by the for-hire transportation industry was virtually unchanged in December from November, failing to rise after five consecutive months of increases, according to the U.S. Department of Transportation.

Tags: Economy, Freight, Freight Index

February 11, 2015 - Industry News

Forward Air Shows Slight Increase in Profits

Photo: Evan Lockridge

The time-definite trucking and logistics services provider Forward Air Corp. has released figures showing a modest increases in earnings.

Tags: Earnings, Forward Air

February 11, 2015 - Industry News

Spot Market Rates Continue Decline Despite Increased Freight Availability

The amount of freight available on the spot market has increased, but rates are doing anything but following in the same footsteps, hitting their lowest levels in at least four weeks.

Tags: Spot Freight, Freight Rates, DAT Solutions

February 11, 2015 - Industry News

USA Truck Reports First Full-Year Profit After Five Years of Losses

USA Truck Inc. on Wednesday reported net income of $6.03 million for 2014, its first annual profit following five straight years of losses.

Tags: Earnings, USA Truck

February 10, 2015 - Industry News

Freight Spending, Shipments Decline from Month Before, Up Over 2014

North American shipment volumes and total spending on freight both dropped in January, according to the Cass Freight Index, but they were also at their highest level for the month in at least three years.

Tags: Economy, Freight, Freight Rates, Cass Freight Index

February 10, 2015 - Industry News

Intermodal Freight Posts Near 5% Annual Increase

Graphic: IANA

Significant mid-year gains, paired with across-the-board growth in the final quarter of last year, contributed to strong overall intermodal freight performance in 2014, according to new figures from the Intermodal Association of North America.

Tags: Economy, Intermodal

February 10, 2015 - Industry News

Safety Managers Talk Improving Safety with Technology

Photo via Omnitracs

Participants in a panel at the Omnitracs Outlook User Conference shared some of the ways they have used technology to improve their CSA scores and overall safety performance.

Tags: CSA, Omnitracs, Information Technology, E-logs

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