Fleet Management

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December 12, 2014 - Industry News

Economic Watch: Producer Prices Retreat, Consumer Sentiment Best in 7 Years

Prices at the wholesale level in November gave up all the gains made the month before, led by declining energy costs, while consumers in the U.S. are feeling better than they have in many years.

Tags: Economy, Wholesale Prices, Consumer Sentiment, Producer Prices

December 12, 2014 - Industry News

Florida Con-Way Freight Terminal Votes to Join Teamsters

File photo: Con-way

A group of 74 drivers and dockworkers at Con-way Freight in Miami Lakes, Fla., voted on Thursday to join Teamsters Local 769 in North Miami, Fla.

Tags: Florida, Drivers, Con-way Freight, Fleets, Teamsters, Labor Unions, FedEx Freight

December 12, 2014 - Industry News

FTR: Trucking Conditions Still Very Favorable

Click here for an interactive version of this graph from FTR.

FTR’s Trucking Conditions Index for October, at a reading of 8.53, fell only slightly from September’s level, reflecting still strong fundamentals for trucking companies, and the transportation analysis firm expects it to stay strong through next year.

Tags: FTR, Trucking Conditions Index, Freight Rates

December 11, 2014 - Industry News

FTR: Restart Suspension Could Boost Industry Productivity

Photo via FTR.

By increasing truckload capacity of the industry, there should be a slight boost to potential productivity, according to analysis from transportation research firm FTR.

Tags: FTR, Truckload, ELDs, 34-Hour Restart, FMCSA, Hours of Service

December 11, 2014 - Industry News

Covenant Transportation Projects Larger Fourth Quarter Earnings

Trucking holding company Covenant Transportation Group has announced it expects to report fourth quarter earnings well above the level from a year earlier due to a big gain in revenue.

Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group

December 11, 2014 - Industry News

DAT Freight Index Higher Than Year Ago, Falls from October

Graphic: DAT Solutions

Spot market freight rates and availability all posted healthy gains in November in the U.S. and Canada compared to the same time a year ago, according to the DAT North American Freight Index, however there were declines from the month before.

Tags: Spot Freight, Freight Rates, DAT Solutions

December 11, 2014 - Industry News

Economic Watch: Retail Sales Post Biggest Gain in Eight Months

Photo: Evan Lockridge

The 0.7% increase from the month before is well above what many analysts were expecting.

Tags: Economy, Retail Sales

December 10, 2014 - Industry News

Teamsters Withdraw Vote at FedEx Freight on Eve of Election

The Teamsters Union’s recent effort to organize drivers at FedEx Freight terminals is losing momentum with it pulling another organizing election petition.

Tags: Drivers, Teamsters, Labor Unions, FedEx, FedEx Freight

December 10, 2014 - Industry News

Infrastructure Investment Creates Jobs, Improves Economy, says Report

Two-thirds of the economic benefits and jobs created by federal highway and transit investment occur in non-construction sectors according to a new IHS report.

Tags: Congress, Highway Trust Fund, Infrastructure Funding, IHS

December 10, 2014 - Industry News

Cass Freight Index Posts November Drop, 2014 Still Looks Strong

Graphic: Cass Information Systems

The newly released November Cass Freight Index shows a drop in total freight expenditures of 0.7% and a corresponding decline in shipment volumes of 0.2%, however the level was higher than expected, pointing to strong finish for 2014.

Tags: Economy, Cass Freight Index

December 10, 2014 - Industry News

Spot Freight Rates Move Higher in Early December

Spot market freight rates have improved across the board, according to new weekly figures from the freight matching service provider DAT Solutions.

Tags: Spot Freight, Freight Rates, DAT Solutions

December 10, 2014 - Industry News

34-Hour Restart Likely to Be Suspended, Studied

Trucking interests are close to victory in their fight to suspend the current 34-hour restart provision of the hours of service rule. The appropriations bill negotiated by the Senate and House will cut off funding for enforcement of the restart while the Federal Motor Carrier Safety Administration studies its impact.

Tags: ATA, Congress, 34-Hour Restart, Hours of Service, American Trucking Associations, Legislation

December 9, 2014 - Industry News

UTA Convention Pushes Membership Over 1,000

Former Washington Redskins quarterback, Joe Theismann, gives a dynamic and inspirational keynote address to the Used Truck Association members at their 2014 annual convention: Photo via UTA.

The Used Truck Association called its 15th annual convention a success with pushing paid membership in the association to 1,000 members from just over 900.

Tags: Industry Event, Used Truck Association, Awards

December 9, 2014 - Industry News

Trucks Hauled Over 73 Percent of Shipments Nationwide

Graphic via U.S. Census Bureau.

Trucks accounted for 73.1% of the total value of commodities shipped in 2012 with a worth of more than $10 trillion, according to a U.S. Census Bureau survey.

Tags: Economy, Survey, Freight, Freight shipments

December 9, 2014 - Industry News

Trucker Receives Nearly 22 Years for Tractor-Trailer, Cargo Thefts

A Kansas City, Missouri truck driver was sentenced in federal court on Monday for his role in a 14-year-long conspiracy to steal more than $1 million worth of trucks and trailers and their cargo.

Tags: Drivers, Missouri, Crime & Fraud, Cargo Theft

December 9, 2014 - Industry News

Average Diesel Cost Posts Another Weekly Decline

The average cost of on-highway diesel continues falling as oil prices hit its lowest level in years, according to new U.S. Energy Department figures.

Tags: Oil Prices, Diesel Prices, Gasoline Prices

December 8, 2014 - Industry News

Penske Truck Rental Donates To Paralyzed Veterans

Penske presented the check to at the PVA's Washington D.C. offices: Photo via Penske Truck Rental

Penske Truck Rental donated $318,118 to the Paralyzed Veterans of America at the charity’s offices in Washington D.C. The funds were raised during Penkse’s #OneWay4PVA campaign for paralyzed veterans.

Tags: Veterans, Penske Truck Rental, Paralyzed Veterans of America, Donations

December 8, 2014 - Industry News

U.S. DOT: Freight Index Leading Economic Indicator

The U.S. Department of Transportation is calling its Transportation Services Indexes, especially the freight index, leading indicators of economic cycles.

Tags: Economy, U.S. Department of Transportation, Freight Index

December 8, 2014 - Industry News

Wreaths Across America Honors Veterans This Weekend

Carriers and drivers are gearing up to deliver wreaths wreaths to be placed on the graves of veterans across the country this Saturday, Dec. 13, as part of the annual Wreaths Across America Program.

Tags: ATA, Mack Trucks, Veterans, Share the Road, Wreaths Across America

December 8, 2014 - Industry News

Con-way Freight Employees Vote Down Teamsters at Texas Terminal

Employees at Con-way Freight's Harlingen, Texas, facility voted to reject representation by the Teamsters Union in Friday's election.

Tags: Con-way Freight, Teamsters, LTL

December 5, 2014 - Industry News

J.B. Hunt Commits To Hiring 10,000 Vets By 2020

J.B. Hunt Transport announced a company-wide initiative to hire 10,000 U.S. military veterans by the year 2020. The company was recently recognized for the ninth straight year as a Top 100 Military Friendly Employer by G.I. Jobs, ranking as the third most military friendly employer in the transportation industry.

Tags: Veterans, J.B. Hunt, Military Friendly Employer, Careers

December 5, 2014 - Industry News

November Class 5-7 Orders Fall Sharply

Photo courtesy of Navistar.

Net orders for Class 5-7 trucks in November fell 4 percent compared to October net orders, according to ACT Research.

Tags: Medium-Duty Trucks, Truck Sales, ACT Research, Truck Orders

December 5, 2014 - Industry News

Economic Watch: Job Gains Soar, Factory Activity Slows

The number of people who found jobs in November increased dramatically from the month before but the unemployment rate was unchanged, according to U.S. Labor Department numbers released Friday morning.

Tags: Economy, Unemployment, Factory Orders, Employment, Factory Shipments

December 5, 2014 - Industry News

Intermodal Rail Traffic Hits New Record High

Photo: Jim Park

The Association of American Railroads said Thursday for the week ending Nov. 29, U.S. railroad intermodal volume totaled 220,873 units, up 6.2% compared with the same week last year and the highest level on record.

Tags: Economy, Railroads, Intermodal, Freight

December 4, 2014 - Industry News

Van, Reefer Rates Improve on Spot Freight Market

Graphic: DAT

Reefers posted the biggest gain, 1.1% for Nov. 23 through Nov. 29 compared to the previous seven days, for an average of $2.37 per mile, its best showing out of the last four weeks.

Tags: Spot Freight, Freight Rates, DAT Solutions

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