April 21, 2016 - Industry News
A truck component manufacturer and one of the nation’s largest truck dealer networks continue the trend of many businesses reporting lower first quarter earnings as truck sales are down from a year ago.
Tags: Economy, Truck Sales, Aftermarket, Dana Holding Corp., Rush Enterprises, Dana Spicer
April 20, 2016 - Industry News
UPDATED – Three large publicly held trucking fleets reported first quarter earnings on Wednesday with all showing a decline in profits from a year earlier.
Tags: Earnings, Knight Transportation, Landstar System, Fleet Earnings, Werner Enterprises
The Show-Me State is showing how the federal government could make it easier for vets to become truckers.
Tags: FMCSA, Hiring Veterans
April 20, 2016 - Product News
The Garmin 670 will now support the Teletrac Navman Drive suite of apps with routing, fleet management and compliance features for drivers.
Tags: GPS, Garmin, Fleet Management Software, Teletrac, Mobile Devices, Mobile Apps
After a surge in February, the American Trucking Associations' For-Hire Truck Tonnage Index decreased in March, taking away about half of the gains made the month before.
Tags: ATA, Freight, Truck Tonnage Index
U.S. trailer net order numbers in March missed analyst projections, coming in well below expectations, according to FTR report.
Tags: Trailers, Dry Vans, FTR, Trailer Orders, Dump Trailers
Mitsubishi Fuso Truck of America, Inc. (MFTA) has promoted Scott Coyle to vice president, service operations for North America.
Tags: Mitsubishi Fuso Truck of America, New Hire/Promotion
A decline in available freight and an increase in truck capacity pushed spot truckload rates down across all three equipment types during the week ending April 16, according to DAT Solutions and its network of load boards.
Tags: Canada, Economy, Cross-Border Trucking, TransCore, Spot Freight, Freight Rates, DAT Solutions
April 19, 2016 - Industry News
Traffic congestion on highways drove operational costs for trucking up by more than $49.6 billion in 2014, according to the American Transportation Research Institute.
Tags: Traffic Congestion, ATRI, Congestion
A measure of truckload linehaul rates moved lower last month compared to a year earlier for the first time since May 2010 as intermodal freight rates continued their downward slide.
Tags: Economy, Freight, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Spot Freight, Freight Rates
The Federal Motor Carrier Safety Administration is requesting public input on its Beyond Compliance carrier safety-recognition program.
Tags: FMCSA, Beyond Compliance
The number of housing starts in the U.S. fell more than expected in March, but home builder confidence in the market remains strong, according to two new reports.
Tags: Economy, Housing Starts, Home Building
April 18, 2016 - Industry News
Toyota will shut down most of its production of Toyota, Lexus, and Hino vehicles over the coming week, after a pair of deadly earthquakes rocked Japan and caused parts shortages for the automaker.
Tags: Toyota, Assembly Plants, Natural Disaster, Japan
Growth in freight shipments slowed in March, according to the latest Cass Freight Index Report, while freight spending turned negative – but a longer-term view of cargo movements and the overall economy appears at least somewhat brighter.
Tags: Economy, Freight, Freight Rates, Cass Freight Index
The number of large trucks involved in fatal crashes decreased by 5%, from 3,921 to 3,744, in 2014 vs. 2013, according to the Federal Motor Carrier Safety Administration’s latest annual Large Truck and Bus Crash Facts report.
Tags: FMCSA, Highway Fatalities
April 18, 2016 - Product News
Trailer leasing company Xtra Lease is offering the 2016 Size & Weight Guide, a reference guide containing state-by-state listings of size and weight regulations.
Tags: Regulations, Trailers, Xtra Lease, Size and Weight
J.B. Hunt Transport Services says its first-quarter profit increased 8.9% from a year earlier as revenue rose by 6%, thanks to volume growth, improved network operations, higher equipment utilization, lower maintenance costs and increased contract pricing.
Tags: Economy, 3PL, Intermodal, Earnings, JB Hunt, Dedicated Fleets, Fleet Earnings
April 15, 2016 - Industry News
Ford has beefed up the axles, brakes, hitch, and suspension of its 2017 Super Duty pickups, after removing 350 pounds in weight-saving aluminum body panels, the automaker has announced.
Tags: Ford, Lightweighting, Large Pickups, 2017-MY, Ford Super Duty
"Much Ado About Nothing" might also serve as the subtitle of the long-awaited Comprehensive Truck Size and Weight Limits Study that the Department of Transportation has finally released to Congress, almost four years after it was mandated to do so by the MAP-21 highway bill.
Tags: Truck Size/Weight
Retail sales of U.S. and Canadian natural-gas powered Class 8 trucks improved modestly in February after getting off to a slow start in 2016, says ACT Research.
Tags: ACT Research, Natural Gas Vehicles
In response to demand from clients that use its de facto mileage calculations for paying truck drivers, Paragon Software Systems has updated its system interface with ALK’s PC*Miler routing, mileage, and mapping software.
Tags: Paragon Software Systems, PC*Miler, Information Technology, Software Integration
Steve Russell, the founder of Celadon Group Inc. died on April 15 at 76 years of age. The company he launched over 30 years ago to haul automotive freight from Michigan to Mexico has since grown into a truckload and logistics powerhouse.
Tags: Celadon Group, Obituary
Industrial production decreased for the second month in a row during March, adding another sign the economy sputtered in the first quarter of the year.
Tags: Economy, Consumer Confidence, Industrial Production, Manufacturing, Consumer Sentiment
April 14, 2016 - Industry News
The changes currently happening in technology and automation are likely to change trucking as profoundly as the development of the Interstate Highway System, predicted Noel Perry Thursday in FTR’s monthly State of Freight webinar.
Tags: FTR, Future Trucks, Autonomous Vehicles
An effort appears under way to insert a pro-trucking reform twice shot down by this Congress in the Fiscal Year 2017 THUD bill. However, if Sen. Barbara Boxer, the Ranking Member of the Environment and Public Works Committee, has her way, the proposal will die yet a third death on Capitol Hill.
Tags: Hours of Service, U.S. Senate, Driver Pay
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