Fleet Management

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August 6, 2014 - Industry News

Celadon Second Quarter Profit More Than Doubles

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

August 6, 2014 - Industry News

Trucking Mergers, Acquisitions Forecast to Increase

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

August 6, 2014 - Industry News

Produce Imports to Increase at Savannah Port

Credit: GPA

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

August 6, 2014 - Industry News

J&R Schugel Trucking Taking Over Kraft Private Fleet

Credit: J&R Schugel Facbook page

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.

August 6, 2014 - Industry News

Quality Distribution Moves from Loss to Profit in Second Quarter

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.

August 6, 2014 - Industry News

Spot Freight Rates Drift Lower Amid Higher Volume

Spot truckload load volume rose sharply and capacity tightened during the past week, according to DAT Solutions, which operates the DAT network of load boards.

Tags: Spot Freight, DAT Transcore

August 5, 2014 - Industry News

Survey Confirms Tight Capacity

Trucking capacity is indeed tight, according to the third-quarter 2014 Fleet Sentiment Report survey conducted in July by CK Commercial Vehicle Research, and carriers are trying many methods to improve productivity.

Tags: Productivity, Research, Capacity

August 5, 2014 - Industry News

TIMTC, USDOT Sponsor Webinar on Freight Technology

The Trucking Industry Mobility and Technology Coalition and the U.S. Department of Transportation invite industry stakeholders to learn how technology assessment tools can help carriers identify investment opportunities and improve operations.

Tags: U.S. Department of Transportation, XRS, TIMTC

August 5, 2014 - Industry News

Economic Watch: Factory Shipments, Orders Post Solid Gains

UPDATED -- Shipments increased 0.5% from the month before following a May drop of 1%, hitting its highest level on record.

Tags: Economy, Factory Orders, Non-Manufacturing, Factory Shipments

August 4, 2014 - Industry News

Intermodal Shipments Post Solid Second Quarter Gains

Credit: IANA

International containers increased 9.6%, trailers improved by 4.3%, and domestic containers grew 7.6% quarter-over-quarter, all indications that the intermodal industry is recovering from a harsh winter and a contracted economy.

Tags: Economy, Intermodal, Freight

August 4, 2014 - Industry News

Schneider Hiring 150 Drivers in Dallas Area

It said the need is due to growing needs across the company’s driving divisions, including: van truckload, dedicated, intermodal, tanker and regional operations.

Tags: Drivers, Fleets, Schneider

August 4, 2014 - Industry News

Section of I-35W in Minneapolis Closing This Weekend

Credit: Minnesota DOT

Southbound I-35W from Highway 55 to 46th Street will close Friday, Aug. 8 at midnight through 5 a.m. Monday, Aug. 11, according to the Minnesota Department of Transportation.

Tags: Minnesota, Road Construction, I-94, Interstate 94

August 4, 2014 - Industry News

Tunnel Opens For Trucks at PortMiami

After four years of construction, including a delay from this past May, the PortMiami Tunnel has opened, giving trucks easier access to nearby highways.

Tags: Florida, Ports, Port Trucking

August 1, 2014 - Industry News

Economic Watch: Trucking Adds to U.S. Job Growth, Manufacturing Surges

The number of jobs created in the U.S. posted its sixth straight month of being above the 200,000 mark in July but the number was softer than the previous month’s level.

Tags: Economy, Unemployment, Manufacturing, Employment

August 1, 2014 - Industry News

Southbound I-495 Reopens in Delaware, Northbound to Follow

The southbound lanes of I-495 through Wilmington, Del., have opened a month ahead of schedule following the realignment of the southbound lanes of the I-495 bridge spanning the Christina River, according to the state DOT.

Tags: Delaware, Road Construction

August 1, 2014 - Industry News

Vikas Jain Moves to Zonar from Omnitracs

Vikas Jain appointed as COO of Zonar. Photo: Zonar

Vikas Jain, formerly an executive with Omnitracs, has been named the new chief operating officer for Zonar.

Tags: Zonar, People, Omnitracs, Vikas Jain, Telematics, Information Technology

July 31, 2014 - Industry News

Congress Passes 10-Month Highway Bill

The Senate Thursday night approved a $10.8 billion House bill to keep the Highway Trust Fund solvent through next May. This ensures that highway funding will continue for the next 10 months.

Tags: Highway Trust Fund, U.S. Congress, Legislation, Highway Funding

July 31, 2014 - Industry News

YRC Worldwide Posts Smaller Second Quarter Loss

Photo: Evan Lockridge

YRC Worldwide Inc. cut it second quarter net loss to $4.9 million, or 16 cents per share, from $15.1 million, or $1.72 per share, from the same time a year ago.

Tags: Fleets, Earnings, YRC Worldwide, YRC Freight

July 31, 2014 - Industry News

House Rejects Senate Highway Trust Fund Patch as Deadline Looms

Congress is inching ever closer to the edge of insolvency for the Highway Trust Fund. On Thursday afternoon the House rejected the Senate’s bill to patch the Fund into December and sent its original bill back to the upper chamber.

Tags: U.S. House of Representatives, U.S. Senate, Highway Trust Fund, Legislation, Highway Funding, U.S. Congress

July 31, 2014 - Industry News

Roadrunner Profit Edges Higher to $14.8 Million

The asset-light trucking and logistics service provider, Roadrunner Transportation Systems, has reported a small increase in its second quarter profit while revenue gained 36.6%.

Tags: Fleets, Roadrunner Transportation, Earnings

July 31, 2014 - Industry News

USA Truck Reports First Profit Since 2011

“While continuing the work of implementing our turnaround plan, the progress we are making is evident in virtually every area of our business,” said President and CEO John Simone.

Tags: Fleets, Earnings, USA Truck

July 31, 2014 - Industry News

ODFL Profit Jumps 26.5%, ArcBest Triples

Photo: Evan Lockridge

Less-than-truckload carrier, Old Dominion Freight Line, posted a 19.1% increase in its second quarter revenue while profit gained by a wider margin.

Tags: Old Dominion Freight Line, Fleets, Earnings, Panther, ABF, ArcBest Corp.

July 31, 2014 - Industry News

Con-Way Reports Record Net Income in Second Quarter

Trucking company and logistics parent Con-way Inc. has reported second-quarter net income of $53.7 million, or 93 cents per diluted share. This compares to second-quarter 2013 net income of $42.9 million, or 75 cents per diluted share.

Tags: Fleets, Earnings, Con-Way, Con-way Inc.

July 30, 2014 - Industry News

Spot Freight Rates Hit Seasonal Slump

Freight rates on the spot market, along with the number of loads available, have hit their typical seasonal slump, according to new figures released from the freight-matching service provider DAT.

Tags: Spot Freight, DAT Transcore, Freight Rates

July 30, 2014 - Industry News

California Supreme Court Rules Against Carrier in Misclassification Lawsuit

The California Supreme Court issued a decision this week affirming the state’s labor and unemployment compensation laws are not preempted by federal statute, specifically the Federal Aviation Administration Authorization Act of 1994.

Tags: Drivers, California, Fleets, Litigation, Independent Contractors

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