February 10, 2016 - Industry News
UPDATED -- U.S. spot-market load availability fell 5.6% during the week ending Feb. 6, with the number of van and refrigerated loads dropping 17% and 12%, respectively, according to DAT Solutions and its network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions, Cross-Border Trucking, Canada
The National Transportation Safety Board determined the probable cause of a fatal truck crash two year ago was a trucker's fatigue – but it said a carrier's failure to adhere to HOS rules and “inadequate safety oversight by the Federal Motor Carrier Safety Administration" contributed as well.
Tags: FMCSA, Hours of Service, NTSB, Fatigue
The amount of freight moved by the nation’s for-hire sector fell in both the final month of last year and all of 2015, according to the U.S. Transportation Department.
Tags: Economy, For-hire Truck Tonnage, Freight Index, Freight Transportation Services Index
A record-setting fourth quarter for trucking company Forward Air Corp. has it looking forward to a banner 2016, while Rush Enterprises is cost-cutting to compensate for the low truck sales in the energy sector in 2015.
Tags: Economy, Equipment, Truck Sales, Rush Truck Centers, Rush Enterprises, Forward Air, Fleet Earnings
February 9, 2016 - Industry News
The former CEO of USA Dry Van Logistics and two other former employees were handed prison sentences by a Texas federal court for conspiring to defraud GE Capital.
Tags: GE Capital, Crime & Fraud, Court Ruling, Fraud
The Cummins Connected Diagnostics application is now available to customers using Geotab's fleet management solution.
Tags: Cummins, Geotab, Diagnostics
February 8, 2016 - Industry News
XPO Logistics Freight is suing rival less-than-truckload carrier YRC Freight for allegedly hiring employees from the company in order to obtain important trade secrets.
Tags: Lawsuits, YRC Freight, XPO Logistics
February 7, 2016 - Industry News
Intended to keep states from preempting federal motor-carriage regulations, a proposal that that did not make it into the highway bill has resurfaced in reauthorization legislation for the Federal Aviation Administration.
Tags: Hours of Service, U.S. House of Representatives, Driver Pay
February 5, 2016 - Industry News
Saia Inc. saw its fourth quarter profit decline to $11.4 million, or 45 cents per diluted share, from $13.6 million, or 53 cents per diluted share a year earlier, beating analysts' estimates.
Tags: LTL, Saia, Fleet Earnings
The Truckload Carriers Association has selected the division winners for its National Fleet Safety Awards, which honor trucking companies that demonstrate a commitment to safety and accident reduction.
Tags: Driver Safety, TCA, National Fleet Safety Awards
The parent company to Volvo, Mack and other truck brands is back in the black, according to earnings reports released Friday, but it plans to cut U.S. production as it nears the end of a four-year cost cutting plan.
Tags: Economy, Volvo Trucks, Quarterly Earnings, Global
While some recent reports have raised questions about the health of the nation’s economy, the latest one shows unemployment has fallen to its lowest level in eight years.
Tags: Economy, Unemployment, Employment
February 4, 2016 - Industry News
Peterbilt handed out Dealer of the Year awards in several categories at its annual dealer meeting, held recently in San Diego.
Tags: Peterbilt, Awards, Dealers, Truck Dealers
Multi-modal freight transporter Hub Group Inc. has reported increases in fourth quarter 2015 and full year profits as revenue for both periods drifted lower for the Illinois-based operation.
Tags: Economy, Old Dominion Freight Line, Roadrunner Transportation, YRC Worldwide, YRC Freight, Hub Group, Fleet Earnings
Despite network congestion and economic headwinds, intermodal freight saw solid growth in 2015, but the level of freight was barely up in the final quarter, according to the Intermodal Association of North America.
Freightliner Trucks has announced four cities that will be recognized as the Hardest Working Cities for 2016.
Tags: Economy, Freightliner, Severe Duty, Awards, Hardest Working Cities
Orders and shipments of factory-made goods were down in a report out Thursday, but earlier reports based on more recent activity indicates conditions may be on the verge of brightening.
Tags: Economy, Factory Orders, Non-Manufacturing, Employment, Factory Shipments
February 3, 2016 - Industry News
The American Truck Dealers, Heavy Duty Trucking magazine and Procede Software have announced the nominees for the 2016 Truck Dealer of the Year award.
Tags: American Truck Dealers, NADA, Truck Dealer of the Year, Awards, Truck Dealers
New York State’s Supreme Court has ruled as unconstitutional the highway-use registration and decal fees imposed on all trucks that operate in the Empire State.
Tags: New York State, User Fees
ArcBest president and chief executive officer Judy R. McReynolds has been elected chairman of the board of directors, succeeding Robert A. Young, who is retiring.
Tags: Leadership, People, ArcBest Corp.
Earnings season continues this week and with it are the first numbers from major trucking suppliers, such as Meritor, Eaton and Wabash National, in addition to those from trucking operations ArcBest and C.H. Robinson.
Tags: Economy, Eaton, Meritor, Eaton Corp., ABF, Wabash National, C.H. Robinson, ArcBest Corp., Fleet Earnings
Load-to-truck ratios on the spot truckload freight market got a bump during the week ending Jan. 30, possibly due to pent-up demand after the previous week’s storms, but that failed to materialize into better freight rates which were also down for the entire month.
Tags: Economy, Spot Freight, Freight Rates, DAT Solutions
Load-to-truck ratios on the spot truckload market got a bump during the week ending Jan. 30, possibly due to pent-up demand after the previous week’s storms, but that failed to materialize into better freight rates which also came in lower for the entire month.
February 2, 2016 - Industry News
Truck fleets surveyed in mid-January feel like business is pretty solid, but many are in a wait-and-see mode when it comes to planning to add capacity this year.
Tags: Survey, CKCVR
UPS Inc. reported its profit skyrocketed in the fourth quarter of the year, totaling $1.33 billion compared to $453 million a year earlier as the company also beat an earnings forecast. USA Truck and Ryder also saw higher profits.
Tags: Economy, UPS, Ryder System, USA Truck, UPS Freight, Fleet Earnings
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