October 15, 2014 - Industry News
Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.
Tags: Intermodal, Fleets, Earnings, Marten Transport
October 14, 2014 - Industry News
Sen. Barbara Boxer, D-Calif., continues to press for action on a highway bill this year, writing a letter last week to Rep. Dave Camp, R-Mich., chairman of the House Ways and Means Committee.
Tags: Congress, Highway Funding, Sen. Barbara Boxer
Spot freight has seen 14 consecutive months of year-over-year peaks, according to DAT, but in a typical seasonal trend, freight availability declined 5.5% in September compared with August.
Tags: Spot Freight, Freight Rates, DAT Solutions
A former driver for a national trucking company pleaded guilty last week to charges, admitting he bribed employees in the Traffic Office at the Marine Corps Logistics Base in Albany, Georgia in order to obtain lucrative freight hauling business for a period of six years.
Tags: Georgia, Crime & Fraud
J.B. Hunt Transport Services announced third quarter 2014 net earnings of $102.4 million, or diluted earnings per share of 87 cents compared to third quarter 2013 net earnings of $89.5 million, or 75 cents per diluted share.
Tags: J.B. Hunt, Fleets, Intermodal, Earnings
After a turbulent start to 2014, the nation’s retailers expect sales in November and December to increase a healthy 4.1% to $616.9 billion, higher than 2013’s actual 3.1% increase during that same time frame.
Tags: Economy, Retail Sales, Imports, Intermodal, Ports
October 13, 2014 - Industry News
Oshkosh is cutting 250-300 hourly positions from its defense segment as a result of significantly reduced U.S. defense spending.
Tags: Layoffs, Oshkosh, Military Vehicles
Takaharu Fushimi was named the new CEO for Yokohama Corporation of North America, his second assignment in the U.S. for the Japanese tire company
Tags: Yokohama Tire Corp., People, Yokohama Rubber Co., CEO
Concerned that compressed natural gas tanks in customers’ vehicles might not be sufficiently safe, Pacific Gas & Electric is requiring inspections as a condition of continued use of the company’s filling stations.
Tags: Vehicle Safety, PG&E, CNG, CNG Tanks
Drivers working out of FedEx Freight’s Cinnaminson, New Jersey, facility have rejected an organizing attempt by the Teamsters Union.
Tags: Drivers, New Jersey, Pennsylvania, Fleets, Labor Unions, FedEx Freight, Teamsters
October 10, 2014 - Industry News
Yokohama Tire is relocating its corporate headquarters to a new facility in November to accommodate business growth. The company will be moving from its old headquarters in Fullerton, Calif., to nearby Santa Ana.
Tags: Relocation, Yokohama, Automotive Executives
The Pipeline and Hazardous Materials Safety Administration has upheld an emergency restriction order placed on National Distribution Inc.'s cargo tanks by the FMCSA.
Tags: FMCSA, Hazardous Materials Safety Administration, U.S. Department of Transportation, Tankers, Enforcement, Safety & Compliance
Since its public launch at the Mid-America Trucking Show in March, the Trucking Moves America Forward program has made great strides toward its goal of showcasing the positive side of trucking for the public and law- and regulation-makers.
Tags: Image, Trucking Moves America Forward, ATA MC&E
September is the 20th consecutive month of year-over-year improvement in Class 8 truck orders, according to a report by FTR.
Tags: Class 8, Truck Orders, FTR
October 9, 2014 - Industry News
FTR’s Trucking Conditions Index increased to 9.10 in August, an upward trend that reflects a tight capacity situation for the freight market.
Tags: FTR, Trucking Conditions Index, Spot Freight, Driver Pay, Trends, Economic Conditions
The amount of spot market freight has rebounded from last week, while rates in two out of three categories has also recovered. The freight-matching service provider DAT Solutions reports the number of loads available increased 1.5% Sept. 28 through Oct. 4 compared to the previous seven days, as spot market capacity fell by 4.3%.
Tags: DAT, Spot Freight
October 8, 2014 - Industry News
Clean Energy Fuels agreed to a multi-year deal with Dillon Transport to supply its fleet with about 2.5 million DGE of CNG annually over the course of the agreement.
Tags: Clean Energy Fuels, CNG Fueling Stations, CNG
The freight logistics sector was relatively flat in September, with a drop in North American shipment volume and a slight increase in total freight expenditures, or payments, according to the latest Cass Freight Index.
Tags: Economy, Cass Freight Index
The U.S. Transportation Department’s Freight Transportation Services Index, which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6% in August from July, rising for the second consecutive month.
Tags: Economy, U.S. DOT, Freight, Freight Index
The Truckload Carriers Association have named Jose Nunez of Homosassa, Fla., a Highway Angel for his actions in pulling a trapped passenger from a car wreck.
Tags: Florida, TCA, Highway Angel
SAN DIEGO -- The American Trucking Associations board of directors elected Duane Long as the federation’s 70th chairman. Long is the chairman of Longistics, a full-service provider of global logistics solutions based in Raleigh, N.C.
Tags: North Carolina, People, Logistics, ATA, Leadership, American Trucking Associations, ATA MC&E
Schneider increased compensation for van truckload company drivers, the company announced. The new pay rates are 8% - 13% higher per mile and drivers have the opportunity to earn bonus pay.
Tags: Schneider, Van Trailers, Truckload, Driver Pay
October 7, 2014 - Industry News
The Nevada Department of Transportation has fast-tracked repairs to Interstate-15, south of Mesquite, which was affected by a September 26 flash flood, washing away the roadway and temporarily closing the interstate.
Tags: Nevada, Road Construction, I-15, Interstate 15
Exposure to enforcement hot-spots can skew your CSA scores. There may not be much you can do to influence local enforcement priorities, but you can take steps to eliminate the violations at the source.
Tags: CSA, Vigillo, Enforcement, Safety & Compliance
Utility Trailers announced that Prime Inc. placed an order for 2,500 trailers, the largest single trailer order in the company’s history.
Tags: Trailers, Reefers, Prime Inc., Utility Trailer Manufacturing
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