May 1, 2015 - Industry News
An NTSB report has concluded that on-board video systems can “provide valuable information for evaluating the circumstances leading to a crash,” if the cameras are positioned properly and if the systems are adequate for recording in low light.
Tags: Technology, Video Event Recorders, In-Vehicle Video, NTSB
The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.
Tags: Economy, Consumer Confidence, Manufacturing, Consumer Spending, Construction Spending
Trucking operator YRC Worldwide Inc. cut some of its losses the first quarter of the year, but was still $21.6 million in the red.
Tags: YRC Worldwide, Economy, Quarterly Earnings
April 30, 2015 - Industry News
Rep. Paul Ryan (R-WI), Chairman of the powerful Ways and Means Committee, has strongly indicated that there’s no way around applying another short-term patch to keep the Highway Trust Fund solvent.
Tags: Highway Funding, Highway Trust Fund, 34-Hour Restart, Restart Study
April 30, 2015 - Product News
Seeing Machines has announced the U.S. launch of Seeing Machines Fleet, an accident-avoidance solution that helps truck drivers and fleet operators better manage fatigue and distraction events in real time
Tags: Driver Safety, Accident Prevention, Distracted Driving, Fatigue
Old Dominion Freight Line saw first quarter net income increase 36.3% from a year earlier, totaling $62.5 million, driven by expansion in its market share and a new record in first-quarter operating ratio for the LTL carrier.
Tags: Old Dominion Freight Line, Earnings
April 29, 2015 - Industry News
Con-way Inc. on Wednesday announced first-quarter 2015 net income surged to $21.8 million, or 37 cents per diluted share, from $12.9 million, or 22 cents per diluted share a year earlier.
Tags: Con-way Freight, Earnings, Con-way Truckload, Con-way Inc.
The 34-hour restart provisions for truck drivers, which currently remain under suspension, had a negative impact on motor-carrier safety when they were in effect by driving up crash risk, per a new ATRI research study.
Tags: HOS, ATRI, 34-Hour Restart, Crash Risk, Hours of Service
Quality Carriers has integrated PeopleNet technology platforms into approximately 2,500 of its tank trucks.The company is a subsidiary of Quality Distribution, Inc., which is a provider of bulk transportation services in North America.
Tags: Telematics, PeopleNet, Bulk Tank
The pace of economic growth in the U.S. slowed dramatically in the first quarter of the year, according to the first estimate from the Commerce Department. Economists disagree whether bad weather and port problems are largely to blame.
Tags: Economy, GDP
The mainly less-than-truckload carrier Saia Inc. saw its first quarter profit move higher, according to its earnings report released Wednesday.
Tags: Earnings, Saia, LTL
The number of available loads on the spot truckload market decreased 2.4% while capacity increased 4.5% during the week of April 25 compared to the previous week, according to DAT Solutions, which operates the DAT network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions
April 28, 2015 - Industry News
At the National Private Truck Council annual meeting, economist Kenny Vieth declared private fleets are now “sitting in the catbird seat” because they are “poised for growth” as the economy keeps gaining speed and freight volumes keep rising.
Tags: National Private Truck Council, ACT Research, NPTC, Freight, Economy, Private Fleets, Information Technology
Port truck drivers from four trucking companies continued picketing at the Ports of Los Angeles and Long Beach, disrupting cargo operations across Southern California as far south as the border.
Tags: Ports, Teamsters, Strikes, Port Trucking, Independent Contractors, Intermodal, Labor Unions
Truckload carrier Celadon Group Inc., reported its profit in the first quarter of the year more than doubled from the same time a year ago.
Tags: Celadon Trucking Services, Earnings
A measure of U.S. consumer confidence fell in April, its biggest drop since October 2013 and the lowest level in four months.
Tags: Economy, Consumer Confidence
Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.
Tags: UPS, Earnings, UPS Freight, LTL
April 27, 2015 - Industry News
Swift Transportation Co. tripled its net income in the first quarter of the year, totaling $37.8 million, or diluted earnings per share of 26 cents, compared to $12.3 million, or 9 cents per share a year earlier.
Tags: Earnings, Swift Transportation
Hundreds of truckers from companies servicing the Ports of Los Angeles and Long Beach have walked off the job to protest what they say are unfair labor practices due to improper employee classification.
Tags: Ports, Teamsters, Strikes, Independent Contractors, Intermodal, Labor Unions
Growth in the U.S. service sector during April eased from a seven-month high in March, according to the financial information services provider Markit, but numbers still point to strong start to the second quarter.
Tags: Economy, Non-Manufacturing
Omnitracs, LLC has launched an informational website on the upcoming electronic logging device mandate-- www.ELDfacts.com.
Tags: FMCSA, ELD, Omnitracs, ELDs, NPTC
April 24, 2015 - Industry News
Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.
Tags: Economy, Durable Goods
The American Trucking Associations remains committed to seeing a surface transportation package passed this year that will ensure a long-term fix for the Highway Trust Fund.
Tags: CSA, Highway Trust Fund, ELDs, Highway Bill, FMCSA, Regulations, American Trucking Associations
The holding company for trucking companies Covenant Transport and others moved to a profit from a loss in the first quarter of the year.
Tags: Earnings, Covenant Transportation Group
Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.
Tags: Earnings, Landstar System
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