October 21, 2014 - Industry News
According to Werner, freight market dynamics began showing year-over-year improvement for the company in mid-November 2013, and that trend has continued for the last eleven months, including the first three weeks of October.
Tags: Werner Enterprises, Fleets, Earnings
October 20, 2014 - Industry News
American Trucking Associations named 32 professional truck drivers as finalists for the 2015 America’s Road Team captains. America’s Road Team is a group of drivers with good safety records picked to represent the trucking industry.
Tags: Driver Safety, ATA, America's Road Team
The American Transportation Research Institute named Judy McReynolds as its new chairman of the board, succeeding Steve Williams, CEO of Maverick Transportation.
Tags: ATRI, People, ArcBest Corp., Fleets
Canadian Pacific Railway Ltd. announced Monday that exploratory conversations held with CSX Corp. about a possible merger between the two railroads have ended. No further talks are planned.
Tags: Railroads, Intermodal, CSX
A new agreement between the U.S. and Mexico allows stronger collaboration between CBP's Customs-Trade Partnership Against Terrorism program, commonly known as C-TPAT, and Mexico’s equivalent, to streamline the flow of goods between the two countries.
Tags: Security, Cross-Border Trucking, Mexico, Free Trade Agreement, Surface Trade
Memphis serves as one of the company’s busiest freight hubs due to its proximity to Interstate 40, Interstate 55, three major rail heads, the largest American cargo airport and the nation’s second largest inland port.
Tags: LTL, Tennessee, Old Dominion Freight Line, Fleets
The increased volume reflects peak season volumes and larger vessels calling at the facility, according to port officials.
Tags: Economy, Port of Los Angeles, Ports, Port Trucking, Intermodal, California
October 17, 2014 - Industry News
Pilot Flying J and RTS Carrier Services entered into a long-term agreement making the truckstop chain the exclusive fuel partner for customers of the services company.
Tags: Fuel Savings, Discount, Partnership, Pilot Flying J
The Hendrickson Vehicle Suspension Institute scheduled the next date for its heavy duty suspension training program on Nov. 18 -20.
Tags: Technician Training, Technicians, Suspensions, Hendrickson, Trailer Suspensions
We are now accepting nominations for Heavy Duty Trucking’s 2015 Truck Fleet Innovators which honors the most innovative leaders in the industry.
Tags: Awards, Fleets, People, HDT Truck Fleet Innovators
Residential construction in the U.S. has rebounded but remains volatile, hitting an annual rate of just more than 1 million units for only the third time this year in September, according to the U.S. Commerce Department.
Tags: Housing Starts, Economy, Consumer Sentiment, Home Building
Driver turnover in the truckload sector continues to get worse, according to recently released figures, while a study of hard-to-fill occupations emphasizes the growing driver shortage.
Tags: Drivers, Driver Turnover, Fleets, Driver Recruitment
October 16, 2014 - Industry News
Exports moving across Port of Virginia facilities in September helped drive a high amount of cargo through port terminals but officials concede truck wait times could be shorter.
Tags: Virginia, Ports, Port Trucking, Intermodal
The president and CEO of the trucking company ABF Freight System, Roy M. Slagle, retired on Wednesday following 37 years of service.
Tags: Fleets, People, ABF, ArcBest Corp., LTL
Industrial production in the U.S. increased 1% in September, the biggest gain in nearly two years, and advanced at an annual rate of 3.2% in the third quarter of 2014. Manufacturing production was up for the quarter, led by mining, while last week's unemployment claims dropped.
Tags: Economy, Unemployment, Industrial Production, Federal Reserve
October 15, 2014 - Industry News
Colorado-based Graebel Companies on Wednesday announced it had reached an agreement to sell Graebel Van Lines Inc. and the U.S. moving and storage operations of Graebel Movers Inc. to a rival’s newly created company.
Tags: Fleets, Mergers & Acquisitions
CORRECTED -- UPS Freight is expanding its Density-Based Rating (also known as dimensional weight pricing) pricing option to all its customers.
Tags: LTL, YRC Freight, UPS Freight, Freight Rates, FedEx Freight, Less Than Truckload
Rates on the spot freight market gained little ground if any, according to the latest weekly roundup of activity from the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
Retail sales in the U.S. during September stumbled a bit, marking the first month-to-month decline since January, while a separate report shows there is no reason for concern about inflationary pressures.
Tags: Economy, Retail Sales, Wholesale Prices, Producer Prices
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.
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
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