Fleet Management

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April 29, 2015 - Industry News

ATRI: Restart Rule Unintentionally Raised Crash Risk

HDT File Photo

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

April 29, 2015 - Industry News

Quality Carriers Opts for PeopleNet Telematics for Bulk Fleet

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

April 29, 2015 - Industry News

Economic Watch: GDP Growth Slows Dramatically

Photo: Revisorweb via Wikimedia Commons

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

April 29, 2015 - Industry News

Saia Profit Up Despite Lower Revenues

File photo by Evan Lockridge

The mainly less-than-truckload carrier Saia Inc. saw its first quarter profit move higher, according to its earnings report released Wednesday.

Tags: Fleets, Earnings, Saia, LTL

April 29, 2015 - Industry News

Spot Freight Rates Weaken as Capacity Increases

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

Vieth: Private Fleets Sitting Pretty

As ACT Research's Kenny Vieth sees it, private fleets in this economy are clearly in scoring position.

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: Economy, National Private Truck Council, ACT Research, NPTC, Freight, Private Fleets, Driver Shortage, Information Technology

April 28, 2015 - Industry News

Port Truckers Picket As Far South As Mexico Border

Photo via Justice for Port Drivers

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

April 28, 2015 - Industry News

Celadon Group More Than Doubles First Quarter Profit

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, Fleets, Earnings

April 28, 2015 - Industry News

Economic Watch: Consumer Confidence Lowest Since December

Photo: Revisorweb via Wikimedia Commons

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

April 28, 2015 - Industry News

UPS First Quarter Profit Tops $1 Billion

U.S. domestic package first quarter revenue increased 3.8% as daily package volume improved 2.4%. Photo: UPS

Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.

Tags: Fleets, Earnings, UPS Freight, UPS, LTL

April 27, 2015 - Industry News

Swift Transportation Triples First Quarter Profit

Photo by Evan Lockridge

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: Fleets, Earnings, Swift Transportation

April 27, 2015 - Industry News

Port Truckers Strike Over Job Misclassification

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

April 27, 2015 - Industry News

Economic Watch: Services Sector Growth Eases

Photo: Revisorweb via Wikimedia Commons

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

April 27, 2015 - Industry News

Omnitracs Launches ELD Information Site

Image: Omnitracs

Omnitracs, LLC has launched an informational website on the upcoming electronic logging device mandate-- www.ELDfacts.com.

Tags: ELD, Omnitracs, ELDs, FMCSA, NPTC

April 24, 2015 - Industry News

Economic Watch: Durable Goods Orders Increase, Key Indicator Down Again

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

April 24, 2015 - Industry News

ATA Sticks to Fuel-Tax Hike as Best Trust Fund Fix

Photo: Jim Park

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

April 24, 2015 - Industry News

Covenant Transport Turns Finances Around

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: Fleets, Earnings, Covenant Transportation Group

April 24, 2015 - Industry News

Landstar Reports Record Revenue, Earnings

Photo by Evan Lockridge

Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.

Tags: Fleets, Earnings, Landstar System

April 23, 2015 - Industry News

FMCSA May Reward Carriers for Going Beyond Safety Regs

Image: FMCSA

The Federal Motor Carrier Safety Administration is seeking public comment on its potential development of a program that would take into consideration a motor carrier’s “proactive voluntary implementation of state-of-the-art best practices and technologies” when evaluating the company’s safety program.

Tags: FMCSA, Driver Safety, Highway Safety, Safety, CSA

April 23, 2015 - Industry News

Economic Watch: New Homes Sales Mixed, Manufacturing Slows

Photo by Evan Lockridge

Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.

Tags: Economy, Manufacturing, Home Sales

April 23, 2015 - Industry News

Acquisition Costs Cut Into Forward Air Income

Freight transportation provider Forward Air Corp.'s first quarter profit fell more than 50% from a year earlier on 20% higher revenue.

Tags: Fleets, Earnings, Forward Air

April 23, 2015 - Industry News

Trucks Move More U.S.-NAFTA Freight, Overall Level Declines

Percent change in value of U.S.-NAFTA freight flows by mode: February 2014 - February 2015. Graphic: U.S. DOT

Freight movements between the U.S. and Canada and Mexico fell in February, hitting its lowest level in terms of value since 2011, according to new U.S. Transportation Department figures.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Railroads, Surface Trade

April 22, 2015 - Industry News

Buffalo Con-way Freight Workers Reject Teamsters

Photo via Con-way Freight

The Teamsters union was defeated in a representation election at the Con-way Freight facility in Buffalo, N.Y. This marks the sixth election in which Con-way employees have voted against representation by the union.

Tags: Con-way Freight, Teamsters, Labor Unions

April 22, 2015 - Industry News

Werner Improves Income 61% in First Quarter

Photo by Evan Lockridge

Werner Enterprises Inc. on Wednesday reported its first quarter net income increased 61% from the same time last year, while total revenue moved just 1% higher.

Tags: Werner Enterprises, Fleets, Earnings

April 22, 2015 - Industry News

Cass Truckload Index Hits Record High, Intermodal Index Mixed

A measure of truckload rates shows it hitting an all-time high in March, increasing 5.1% from the same time a year ago.

Tags: Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Truckload, Freight Rates

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