August 5, 2016 - Industry News
The advocacy group Coalition for America’s Gateways and Trade Corridors is calling out the Department of Transportation for not granting enough funding money to critical freight-hub projects.
Tags: Grant Funding, U.S. Department of Transportation, Freight, Infrastructure Funding
Overall intermodal traffic recorded its first volume decline in the second quarter of the year following 25 consecutive quarters of growth, according to a new report from the Intermodal Association of North America.
Tags: Economy, Railroads, Intermodal
Postal Fleet Services has signed a Ryder ChoiceLease Full Service agreement for 20 compressed natural gas heavy-duty trucks to support its mail-delivery operations in four states.
Tags: Leasing, Natural Gas Vehicles, Ryder System, CNG
Kottke Trucking has purchased Walbon & Company’s over-the-road operations, including Walbon’s routes, trucks, trailers and Wildwood, Fla.- based terminal.
Tags: Mergers & Acquisitions, Kottke Trucking, Over-the-Road
August 4, 2016 - Industry News
The board of directors of Haldex Aktiebolag, the Sweden-based brake system manufacturer, announced on August 4 it has unanimously decided to recommend that Haldex shareholders accept a 4.4-billion SEK ($516 million) cash bid by Germany-based ZF.
Tags: SAF-Holland, Haldex, ZF
August 3, 2016 - Industry News
Mercedes-Benz is expanding its Sprinter Worker lineup with additional chassis, engine, and body configurations geared toward the contracting, delivery and transportation service industries.
Tags: Cargo Vans, Mercedes-Benz, Mercedes-Benz Sprinter, Full-Size Vans
Two trucking operations reported their second-quarter financials on Wednesday, with one reporting its first profit since purchasing LTL carrier Con-way last year, while the other reported a loss that was attributed to falling rates and freight volume.
Tags: Economy, USA Truck, Con-way Inc., XPO Logistics, Fleet Earnings
It looks like July was another off month for Class 8 truck orders as industry analysts are predicting some of the lowest numbers since 2010.
Tags: Class 8, Medium-Duty Trucks, ACT Research, Truck Orders, FTR
August 3, 2016 - Product News
Provider of cloud-based, data-driven tools for the transportation industry FR8 Revolution has launched FR8.guru, a new platform and marketplace with routing, scheduling and tracking features.
Tags: Freight, Capacity, Load Board, Asset Tracking, FR8 Revolution
A new report reveals the number of reported cargo thefts in the U.S. fell during the second quarter of the year compared to the same period in 2015, but the average value of the heists increased, according to CargoNet.
Tags: Security, Crime & Fraud, Cargo Theft, CargoNet, Crime
Veteran marketing and business development executive Caroline Lyle has been appointed vice president of marketing for TMW Systems, the company announced.
Tags: Leadership, TMW Systems, People, Marketing
The number of available loads on the spot truckload freight market increased 3.5% during the week ending July 30, sending load-to-truck ratios higher at the close of July, but only flatbed rates are continuing to head higher.
Tags: Spot Freight, Freight Rates, DAT Solutions
August 2, 2016 - Industry News
Volvo Trucks North America and Mack Trucks have renewed their contracts with Decisiv, the provider of the ASIST tool that enables real-time communications between customers, dealers and service staff.
Tags: Mack Trucks, Decisiv, Connected Diagnostics, Uptime, Volvo Trucks North America
UPS has achieved its goal of driving 1 billion miles with its alternative fuel and advanced technology fleet one year earlier than planned, the global delivery company announced.
Tags: UPS, Alternative Fuels, Fleet Sustainability, Delivery Fleets
The freight brokerage firm England Logistics has opened a new office in Atlanta, Ga., to accommodate the company’s growth in the region.
Tags: New Facility, Atlanta, C.R. England, Logistics
Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.
Tags: Verizon, Fleetmatics, Mergers & Acquisitions
Nikola Motor Company’s advanced research and development team says it has achieved 100% zero emissions on the company’s hybrid-electric Class 8 truck, the Nikola One.
Tags: Turbine Truck Engines, Electric Vehicles, Zero-Emission Vehicles, Hybrid Trucks, Nikola Tesla
August 1, 2016 - Industry News
Element Financial Corp. has bolstered its fleet truck sales efforts with eight new hires and promotions that include elevating Brad Hewitt to vice president of national accounts, the company announced.
Tags: New Hire, Promotions, Element Financial, Element Fleet Management
Fleet Advantage’s quarterly Truck Lifecycle Data Index shows that in the second quarter of 2016, replacing 2011 model-year trucks with 2017 models will save fleets around $18,861 in the first 12 months of operation.
Tags: Fuel Savings, Fleet Advantage, fleet costs, New Vehicles
Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.
After hitting a post-Great Recession low, economic activity in the nation’s manufacturing sector continues to grow, but how strong that growth is depends on which report you read.
Tags: Economy, Manufacturing, Construction Spending
July 29, 2016 - Industry News
Arlington, Wash.-based Smokey Point Distributing, a Daseke company, has been named the Washington Trucking Association’s “Safety Fleet of the Year” in the common carrier (over 5 million miles) category.
Tags: driver safety, Fleet Safety, Smokey Point Distributing, Daseke Inc.
Hopes that the American economy picked up a good head of steam in the second quarter of the year were quickly dashed on Friday following numbers being issued by the U.S. Commerce Department.
Tags: Economy, GDP, Consumer Sentiment, Gross Domestic Product
The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.
Tags: Economy, UPS, ABF, YRC Worldwide, YRC Freight, Saia, UPS Freight, Universal Truckload, ArcBest Corp., Fleet Earnings, Universal Logistics Holdings
July 28, 2016 - Industry News
The National Highway Traffic Administration should stop pushing the adoption of “robot car technology” until more testing is done and enforceable safety standards are promulgated, according to a July 28 letter sent by three advocacy groups to NHTSA Administrator Mark Rosekind.
Tags: Highway Safety, Tesla Motors, NHTSA, Autonomous Vehicles
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