November 17, 2014 - Industry News
UPDATED -- Industrial production in the U.S. edged down 0.1% in October after having advanced 0.8% in September, according to new figures from the U.S. Federal Reserve.
Tags: Economy, Industrial Production
The parent of trucking companies Covenant Transport and others said it expects big improvement when its fourth quarter earnings are released and plans a public stock offering.
Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group
November 14, 2014 - Industry News
PeopleNet and sister company ALK are making it possible this year to track the Capitol Christmas Tree in real time on its 2,000 mile journey to Washington D.C.
Tags: ALK Technologies, PeopleNet, Capitol Christmas Tree, Asset Tracking
The final segment of a new Interstate has been completed connecting the cities of Texarkana, Ark., and Shreveport, La. The 10 mile segment of road will be designated as Interstate 49 replacing what was Highway 549 in Arkansas.
Tags: Department of Transportation, Arkansas, Louisiana, Road Construction, Interstate 49
Two men pleaded guilty to charges on Nov. 10 in federal court in Philadelphia for conspiracy to commit extortion and aiding and abetting for their role in a household goods moving scheme.
Tags: FMCSA, Office of Inspector General, Crime & Fraud, Household Goods Movers, DOT Inspector General
Retail sales in the U.S. rebounded in October due to broad-based gains, as consumers get ready to head into the Christmas shopping season, according to a U.S. Commerce Department report.
Tags: Economy, Retail Sales, Consumer Sentiment
The trucking, parcel and logistics service provider expects earnings per share to increase next year by 10% to 15% from 2014 to between $5.45 to $5.70.
Tags: UPS, Fleets, Earnings
In the interim, Bob Russell, former legislative affairs director, who retired at the end of October, has stepped in to serve as interim president until a replacement can be found.
Tags: Associations, People, Oregon Trucking Association
November 13, 2014 - Industry News
The Truckload Carriers Association is partnering with Trucking Moves America Forward to bolster an industry wide campaign to promote trucking. The TCA will be donating $25,000 each year for five years to the cause.
Tags: TCA, Wreaths Across America, Capitol Christmas Tree, Trucking Moves America Forward, Image, Truckload Carriers Association
The latest attempt by the Teamsters Union to organize workers at the trucking company Con-way Freight has failed by a 2 to 1 margin.
A measure of how much freight is moved by the nation’s for-hire transportation industry hit a record high in September with a 0.3% increase from the month before, according to a new U.S. Transportation Department report.
Tags: Economy, Freight Index
Together the deals are estimated to cost around $600 million and expected to close next year, following regulatory approval.
Tags: Ports, Port Trucking
Spot market freight availability remained strong in October, continuing a 15-month streak of record demand for truckload services, according to the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
An effort by the Teamsters Union to organize drivers at the FedEx Freight terminal in Newark, New Jersey was rejected in a Wednesday vote.
Tags: Drivers, New Jersey, Fleets, Teamsters, Labor Unions, FedEx, FedEx Freight
November 12, 2014 - Industry News
The Trucking Conditions Index from the freight transportation forecasting firm FTR registered 9.07 for September, according to a just released report.
Tags: Economy, Research, FTR, Trucking Conditions Index
Choice Logistics has named Senior Vice President James Adams to the newly created company position of chief operating officer.
Tags: Fleets, People, Choice Logistics
Spot freight rates are gathering some momentum following a recent lull, according to new figures released from the freight matching service provider DAT.
The Class 4 truck market now dominated by low-cab forward trucks used primarily for urban delivery and landscaping jobs should grow 3 percent in 2014 and reach about 12,000 new vehicles registered for commercial use, ACT Research told Work Truck magazine.
Tags: Medium-Duty Trucks, Forecast, Cabovers, Class 4, Truck Registrations
According to the company the new business name “more accurately describes the business unit's core mission of developing a broad set of analytics offerings, clearly positioning the business as an essential component of Omnitracs' enterprise-wide suite of solutions for transportation and logistics.”
Tags: Information Technology, People, Omnitracs
November 11, 2014 - Industry News
Wabash National held its third annual event for active military and veterans within the company’s workforce to honor their service to the country. Over 300 Wabash National associates were recognized.
Tags: Veterans, Veterans Day, Wabash National, Military Friendly Employer, Military Support
November 11, 2014 - Product News
Drivewyze announced that its PreClear bypass service was added in North Carolina making it the 30th state offering the mobile weigh station bypass service.
Tags: Information Technology, North Carolina, Drivewyze, Drivewyze PreClear, Weigh Stations
Con-way Freight teamed up with the Cell Phones For Soldiers non-profit organization to help soldiers stay connected with their families.
Tags: Con-way Freight, Charity, Cell Phones, Donation, Veterans Day, Military Support
Infinity Transportation this week said it is launching a new expedited refrigerated domestic intermodal container service operating from the Pacific Northwest to the Midwest and East Coast due to capacity constraints with refrigerated trucking service.
Old Dominion Freight Line Inc. has approved a stock repurchase program authorizing the North Carolina-based trucking company to repurchase up to $200 million of its outstanding common stock.
Tags: Old Dominion Freight Line, Fleets
Ford has built its first aluminum-body 2015 F-150 pickup truck, and production of the vehicle is now underway at the 100-year-old Ford Rouge Center in Dearborn, Mich., an event marked by the appearance of Bill Ford and other dignitaries.
Tags: Ford F-150, Light-Duty Trucks, Assembly Plant, Aluminum, 2015-MY, Quarter-Ton Pickups
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