August 13, 2014 - Industry News
FleetCor Technologies, a provider of fuel cards and workforce payment services, has signed an agreement to purchase electronic payment services provider Comdata for $3.45 billion.
Tags: Comdata, Fleet Card, FleetCor Technologies, Mergers & Acquisitions
The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9% from the previous month, according to the latest Cass Freight Index.
Tags: Economy, Freight, Freight Rates, Cass Freight Index
August 12, 2014 - Industry News
President Obama has signed the latest short-term extension of the federal highway program, starting a 10-month clock on yet another funding deadline.The $10.8 billion bill, passed by Congress at the last moment before the Highway Trust Fund dipped into the red, will keep the fund solvent until next May.
Tags: Congress, Highway Funding, Highway Trust Fund, Anthony Foxx
U.S. Xpress, Chattanooga, Tenn., is increasing its base mileage pay and making other compensation changes for over-the-road, solo, non-dedicated truck drivers.
Tags: Fleets, U.S. Xpress, Driver Pay
The Ninth Green Fleet Conference & Expo (GFC) announced its schedule for the annual event Oct. 29-30 in Schaumburg, Ill. The 2014 keynote speakers are Mark Smith from the U.S. Department of Energy’s Clean Cities and John Viera from Ford Motor Co.
Tags: Green Fleet Conference, Events, Alternative Fuels, Fuel Efficiency
The American Trucking Associations has made a $100,000 commitment toward the Trucking Moves America Forward campaign, an industry initiative to showcase the positive side of trucking.
Tags: ATA, Trucking Moves America Forward, Image
Massive rain, described by some media outlets as “historic,” has hit the Detroit area, leading to flooding and closed roads, including many interstate routes.
Tags: Detroit, Weather, Road Closure, Interstate
Trucks serving major container ports can expect to see record import volume this month as retailers concerned about the lack of a West Coast longshoremen’s contract rush to bring holiday season merchandise into the country.
Con-way Truckload has announced the rollout of an enhanced driver compensation package that raises per-mile pay, effective Sept. 7 for both company drivers and independent contractors.
Tags: Drivers, Fleets, Con-way Truckload, Driver Pay, Con-way Inc.
August 11, 2014 - Industry News
Mitsubishi Fuso is now offering a fair market value lease on the Canter FE Series trucks as a result of its partnership with Daimler Truck Financial.
Tags: Closed-End Leases, Canter, Mitsubishi Fuso Truck of America, Daimler Truck Financial, Daimler Trucks North America
The American Transportation Research Institute has launched a new survey asking trucking industry stakeholders to rank their top concerns.
Tags: ATA, Survey, ATRI, Industry Concerns, Stakeholders, Research
FTR’s Trucking Conditions Index showed some positive movement in June after moderating slightly during the prior two months.
Tags: Economy, GDP, FTR Trucking Index
The maximum speed of travel along the Maine Turnpike is increasing by five mph in many locations, the Maine Turnpike Authority has announced.
Roadrunner Transportation Systems has entered into a definitive merger agreement to acquire Active Aero Group from the investment firm Platinum Equity.
Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions
August 8, 2014 - Industry News
A refrigerated intermodal container service between the Pacific Northwest and the Midwest has ended due service from partner BNSF Railway that allegedly was not so hot.
Tags: Railroads, Intermodal, Freight, Cold Train, BNSF
Truckload freight availability remained elevated in July compared to previous years despite a seasonal dip, according to the DAT North American Freight Index released Friday.
Tags: Economy, Spot Freight, DAT Transcore, Freight Rates
August 7, 2014 - Industry News
The American Trucking Associations is seeking nominations for the eighth annual Mike Russell Trucking Industry Image Award.
Tags: American Trucking Associations, Image
Get ready for Denver’s version of “carmageddon” or "truckpocalypse" this weekend, when there will be a shutdown of part of Interstate 25 in the city’s southwest section. It's because of the I-25 Gap Lane Project, where crews are working to add a fourth northbound lane.
Tags: Colorado, Highway Construction, I-25, Interstate 25, Truckpocalypse
Omnitracs announced the fleet management software and telematics company's first joint user conference, called Omnitracs Outlook 2015.
Tags: Roadnet Technologies, Sylectus, Omnitracs, Events, Information Technology
First time jobless claims over the last month in the U.S. fell to its lowest level since February 2006, well before the Great Recession.
Tags: Economy, Unemployment
August 6, 2014 - Industry News
The trucking operation Celadon Group Inc. more than doubled its net income in the second quarter of the year while revenue increased 21.4%.
Tags: Celadon Group, Fleets, Earnings
The pace of transportation and logistics mergers and acquisitions accelerated during the second quarter of the year, as measured by both announced value and volume, according to a new report from accounting and consulting firm PricewaterhouseCoopers, but don’t expect records to be broken.
Tags: Research, Mergers & Acquisitions
Expect to see more South American produce coming directly into the southern U.S. at one facility due to the Georgia Ports Authority’s participation in a U.S. Department of Agriculture pilot program.
Tags: Georgia, Ports, Port Trucking
Schugel Trucking, New Ulm, Minn., recently accepted the opportunity to take over Kraft Food’s private fleet after the company announced plans earlier to eliminate the operation around the country.
Trucking company parent Quality Distribution Inc. has reported a 6.8% increase in revenue in the second quarter of the year compared to the same time a year ago as it moved from a loss to a profit.
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