October 12, 2015 - Industry News
Large carriers lead the trucking industry on several key metrics including per-mile rates, driver retention, and revenue-per-driver, according to a recent survey conducted by transportation consultation firm Katz, Sapper & Miller.
Tags: Survey, Revenues, Driver Retention, Freight Rates, KSM
Maverick president and chief operating officer, Stephen Selig has announced his retirement and the company has named executive vice president and chief financial officer, John Culp, his successor.
Tags: Retirement, Leadership, People, Maverick Transportation
The former head of the defunct carrier Arrow Trucking, James Douglas Pielsticker, has been sentenced to 7 ½ years in prison for tax evasion and fraud.
Tags: Taxes, Leadership, Arrow Trucking, Crime & Fraud, People
October 9, 2015 - Industry News
Temperature control products company, Thermo King, has acquired the its long-time vehicle tracking and fleet management solutions partner Celtrak.
Tags: Telematics, Thermo King, Asset Tracking
Spot market freight volume remained relatively stable in September, edging down only 0.6% month over month as rates declined from both the month before and a year earlier, according to monthly numbers from DAT.
Tags: Spot Freight, Freight Rates, DAT Solutions
October 8, 2015 - Industry News
One economist is predicting continued slow growth for the economy, but believes our current economic models aren’t working when it comes to federal fiscal policy.
Tags: Economy, FTR Associates
The Dept. of Transportation’s Comprehensive Truck Size and Weight Limits Study “lacks a consistent and complete quantitative summary of the alternative configuration scenarios... and major categories of costs are not estimated,” contends a study review released by the Transportation Research Board.
Tags: DOT, Truck Size/Weight
Trucking companies are bracing for a slowdown in their business, with many looking to mergers and acquisitions for growth instead, according to reports this week in The Wall Street Journal.
Tags: Mergers & Acquisitions, Freight Rates
October 8, 2015 - Press Release
Aeris has partnered with Isotrak Ltd. to provide improved cellular connectivity and data analytics for Isotrak fleet telematics customers in the U.S. and other global markets.
Tags: Fleet Management Software, Isotrak, Big Data, Broadband
October 7, 2015 - Industry News
The Dept. of Transportation announced on Oct. 6 the “immediate availability” of $5 million in emergency relief funds from the Federal Highway Administration to the South Carolina Dept. of Transportation to help repair roads and bridges damaged by the recent rain-driven flooding that has crippled the state.
Tags: Flooding, South Carolina, Department of Transportation
The number of posted loads on the spot market jumped 5.7% for week ending Oct. 3, as shippers rushed to move inventory before the end of the quarter while available truck capacity fell 4.5%, but the changes were not enough to advance rates.
October 6, 2015 - Industry News
The first Yokohama tire plant—which will exclusively produce truck and bus tires-- built in the U.S. from the ground up is now up and running, a scant two years after the company broke ground on a greenfield site within Mississippi’s Golden Triangle business-development region.
Oil service provider Halliburton Co. will roll out a range of fleet management services under a multiple-year contract it signed with MiX Telematics over the next 12 to 18 months, the fleet management vendor announced.
Tags: MiX Telematics, Energy Fleets, Halliburton, Compliance
An ATA report is projecting a shortage of 48,000 drivers by the end of 2015, marking the highest recorded level in trucking's history.
Tags: ATA, Aging Fleet, Driver Shortage, Hiring, Women Drivers
October 5, 2015 - Industry News
We may not have flying cars, hover boards or holographic movies as Marty McFly found in the “Back to the Future” version of 2015, but we have had a computing, communications and connectivity revolution nearly unimaginable 30 years ago. Tom McLeod offered some advice for turning all this rapid change into opportunity during the McLeod Software annual user conference.
Tags: Information Technology, McLeod Software
The governors of South Carolina and North Carolina have issued executive orders that suspend hours-of-service requirements as well as certain truck size and weight limits for loads deemed necessary to help speed emergency relief in their states.
Tags: DOT, North Carolina, Flooding, South Carolina, Natural Disaster
While a lot of rail freight is not growing, rail intermodal is growing according to an analyst at ACT Research.
Tags: ACT Research, Railroads, Intermodal, Freight
The Fleet Technology Expo will take place from Oct. 17-19, 2016 at the Renaissance Schaumburg Hotel & Convention Center in Schaumburg, Ill.
Tags: Fleet Technology Expo, Fleet Events, Bobit Business Media
October 2, 2015 - Industry News
Ellariy Medvednik pleaded guilty to her role in a Florida CDL fraud scheme that may have illegally obtained licences for as many as 600 people.
Tags: Florida, CDL, Crime & Fraud
C.R England has announced the hiring of industry veteran Kirk Freimuth as president of the company’s dedicated division.
Tags: Leadership, C.R. England, People, Truckload
Despite a booming construction sector, the latest reports on jobs and manufacturing have some concerned that the U.S. economy is losing some of its steam.
Tags: Economy, Construction Industry, Unemployment, Manufacturing, Factory Orders, Construction Spending, Employment, Factory Shipments
October 1, 2015 - Industry News
One of Celadon Groups subsidiaries has purchased select assets of the truckload business of Tango Transport, a Louisiana-based carrier.
Tags: Celadon, Mergers & Acquisitions, Truckload
Omnitracs has unified its specialized business units under a single name, message and creative architecture as part of an overall revamp of the company’s brand identity.
Tags: Telematics, Omnitracs, Branding
October 1, 2015 - Product News
AT&T is offering customized asset tracking for businesses to manage shipping containers that makes use of the company’s global network.
Tags: AT&T, Cargo Management, Asset Tracking
September 30, 2015 - Industry News
Freight rates on the spot market continue in their holding pattern, moving up little from one week to the next, according to the freight-matching service DAT Solutions.
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