July 26, 2016 - Industry News
Money is lending credibility to a new crop of Uber-like trucking startups, with two large investment firms recently spending millions of dollars to fund the startups Transfix and CargoX.
Tags: Investment, Freight, Load Board, Uber, Shipping Service, Freight Uberization
July 25, 2016 - Industry News
The American Transportation Research Institute has launched the 2016 Top Industry Issues Survey, collecting information from industry stakeholders on the top issues affecting trucking,
Tags: Survey, ATRI, Industry Concerns
July 25, 2016 - Product News
Fleet and safety management software company Gorilla Safety has developed Gorilla Trax, a GPS asset and vehicle tracking technology.
Tags: GPS, Vehicle Tracking, Asset Tracking, Gorilla Safety
Omni Holdings’ offshoot Omni Specialized will be in full operation after it acquired the flatbed assets of Tennant Truck Lines, the company announced.
Tags: Flatbeds, Mergers & Acquisitions, Tennant Truck Lines
July 22, 2016 - Industry News
A new preliminary report shows U.S. manufacturing rising this month at its fastest pace since November 2015, following a post-Great-Recession low in May – "an encouraging sign of revival," says financial information services provider Markit.
Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators, Home Building
Profits for two trucking companies turned lower in the second quarter of the year while a third moved into the red, according to newly released earnings reports.
Tags: Economy, Werner Enterprises, Forward Air, Swift Transportation, Freight Rates, Fleet Earnings
July 21, 2016 - Industry News
In preparation for the Democratic National Convention, PennDOT is reminding drivers that the Interstate 95 restriction near Philadelphia will start on July 23 at noon.
Tags: Pennsylvania, Department of Transportation, Philadelphia, Road Closure
The American Trucking Associations has named four new members to senior leadership positions, according to the federation’s new president and CEO, Chris Spear.
Tags: ATA, Leadership, People, Lobbying
July 21, 2016 - Product News
CarriersEdge is offering a new Border Crossing/C-TPAT training course for drivers, covering security and threat awareness, security inspections and successful border crossing.
Tags: Cross-Border Trucking, Driver Training, CarriersEdge
Spot truckload freight rates switched patterns over the past week, following seasonal highs hit by vans and reefers and a decline in flatbeds, as overall cargo volume was lower than anticipated, according to DAT Solutions and its network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions
July 20, 2016 - Industry News
Truckload linehaul rates in June were nearly the same as the month before, but they are still below levels from a year ago, while there seems to be no end to the recent drop in rates for intermodal shipments.
Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates, Freight Capacity
Asset-light trucking and related services provider Landstar System reported a 20% second quarter decline in earnings due to lower revenue and a big insurance claim.
Tags: Economy, Landstar, Landstar System, Fleet Earnings
July 19, 2016 - Industry News
Temperature-controlled carrier Marten Transport reported an increase in its second quarter earnings. Although it's another small gain, it did beat analysts' expectations.
Tags: Economy, Marten Transport, Fleet Earnings
Freight shipments and expenditures edged up in June after three months of lackluster performance, hitting their highest levels of the year, according to the Cass Freight Index – but it remains unclear if this is part of a larger trend.
Tags: Economy, Freight Rates, Freight Volume, Freight Capacity, Cass Freight Index
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index dropped by 1.5% in June, following a nearly 3% gain in May.
Tags: ATA, Freight, Truck Tonnage, Truck Tonnage Index, Economy
July 19, 2016 - Product News
Teletrac Navman has launched a new global software platform, Teletrac Navman Director, for the 50- to 500-vehicle market. It tracks trucks and other assets, collects data for analytics, and provides real-time feedback to drivers.
Tags: telematics, Information Technology, Teletrac
July 18, 2016 - Industry News
Wisconsin-based Contract Transport Services honors police with a special wrapped truck.
Tags: Contract Transport Services
Anderson Trucking Service is expanding its corporate office in St. Cloud, Minn., adding 20,000 square feet to accommodate current and future anticipated growth.
Tags: Headquarters, ATS, Office Expansion
Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.
Tags: Economy, 3PL, Intermodal, J.B. Hunt, Earnings, Fleet Earnings, Dedicated Fleets
July 15, 2016 - Industry News
The massacre by truck in Nice, France on July 14 raises anew the question of what can be done to prevent low-tech but devastating truck-ramming assaults of people gathered along or near a roadway.
Tags: Department of Homeland Security, Terrorism
Delays of two or more hours per stop was a common problem for carriers, costing the companies time and potential business.
Tags: Shippers, Brokers, DAT Solutions, Detention Pay, Delivery Delays
Geotab USA has hired Susan Miller as senior fleet account manager. Miller will be responsible for further developing their growing portfolio of regional and national accounts.
Tags: New Hire, McDonald's, Geotab
A jump in retail sales and industrial output are just two of several economic indicators released Friday showing the economy is performing at least somewhat better, but there are still some lingering concerns.
Tags: Economy, Retail Sales, Industrial Production, Manufacturing, Consumer Prices, Wholesale Prices, Consumer Sentiment, Business Inventories
July 15, 2016 - Global News
Petro-Canada Lubricants has announced the latest growth phase of its partnership with Freightliner Manitoba to now include six Freightliner maintenance facilities across the province of Manitoba.
Tags: Canada, Freightliner, Petro-Canada Lubricants
July 14, 2016 - Industry News
Retail sales of Class 8 natural gas trucks in the U.S. and Canada improved in May, after getting off to a slow start earlier in the year.
Tags: Retail Sales, ACT Research, Natural Gas Vehicles, Alternative Fuels
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