February 20, 2015 - Industry News
The logistics and customized freight transportation provider Universal Truckload Services Inc. has reported earnings showing profits declined slightly in the final quarter of last year and for all of 2014.
Tags: Fleets, Earnings, Universal Truckload
February 19, 2015 - Industry News
The Teamsters Union announced an effort to provide unemployment benefits to truckers working from the ports of Los Angeles and Long Beach in the event of a shut down.
Tags: Port of Los Angeles, Port of Long Beach, Ports, Teamsters, Independent Contractors
A measure of where the American economy is headed three to six months down the road registered another monthly increase but the pace was slower than in recent months.
Tags: Economy, Leading Economic Indicators
The Technology and Maintenance Council of American Trucking Associations elected Kevin Tomlinson as its 2015-2016 general chairman and treasurer.
Tags: ATA, Leadership, TMC, People
February 18, 2015 - Industry News
XPO Logistics released financial numbers on Wednesday showing a net loss of $9.9 million for the fourth quarter of 2014, compared with a net loss of $10.6 million for the same period in 2013.
Tags: Fleets, Earnings, XPO Logistics
AMP Electric Vehicles' Workhorse E-Gen Truck features an extended-range electric drive, and a number of forward-thinking features, including a drone delivery system.
Tags: Delivery Truck, Commerical Drone, Federal Regulations
Singapore’s global container shipping and logistics company Neptune Orient Lines Ltd. has reached an agreement to sell its APL Logistics business for $1.2 billion.
Tags: Fleets, Mergers & Acquisitions, Port Trucking, Intermodal
Business conditions in the trucking industry improved dramatically the final month of 2014, according to a new report from the transportation forecasting firm FTR.
Tags: Economy, Research, FTR, Trucking Conditions Index
The amount of freight available to haul declined 4.5% the second week of February compared to the week before while capacity increased 10%, causing rates to slide in the major equipment categories for the third straight week.
Tags: Spot Freight, Freight Rates, DAT Solutions
February 17, 2015 - Product News
ComFreight has announced a new API which integrates the company's applications with a customer's back office software.
Tags: Freight, API, Mobile Apps, ComFreight
February 17, 2015 - Industry News
Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Tuesday.
Tags: Economy, Consumer Confidence, Home Building
February 16, 2015 - Industry News
Non-asset based trucking and logistics provider Radiant Logistics Inc. managed to triple its net income during the most recent quarter, but it was still just barely in the black.
Tags: Fleets, Earnings, Radiant Logistics
Volume plummeted 27% compared to the same time in 2014. It was the first year-over-year decline in 19 months for the index that measures spot truckload freight demand and capacity.
Tags: Spot Freight, Freight Rates, Freight Index, DAT Solutions
A Pennsylvania man has been sentenced by a federal court after pleading guilty earlier to charges of conspiracy to commit extortion in a household good moving scheme.
Tags: FMCSA, Office of Inspector General, Crime & Fraud, Household Goods Movers
Over the past several weeks, the logistics security services provider FreightWatch International has received reports of over 40 pilferage events at truckstops and highway pull-offs in one state.
Tags: Arkansas, Truckstops, Cargo Theft, FreightWatch, Crime, I-40, I-55
The U.S. Postal Service will meet with automotive manufacturers in Washington, D.C., this week to field questions about its proposal to replace its aging delivery fleet with a next-generation vehicle, according to federal records.
Tags: General Motors, USPS, Delivery Fleets
February 13, 2015 - Industry News
The American Trucking Association’s Technology and Maintenance Council is holding its Annual Meeting from Feb. 16-19 at the Music City Center in Nashville. This year’s event will be themed “Fueling the Future.”
Tags: ATA, Events, TMC, Alternative Fuels, Fleets
February 12, 2015 - Industry News
Mobile devices could become profit centers for carriers, according to Laura Lohrke, product manager for mobile, Omnitracs during a session at the company’s user conference in Dallas .
Tags: Driver Productivity, Delivery Fleets, Mobile Apps, Information Technology
Driver shortages, driver turnover and regulations could all affect the potential growth of the trucking industry in 2015, according to analysis from GE Capital.
Tags: GE Capital, Driver Shortage, Truck Orders, Freight, Industry Trends
February 12, 2015 - Product News
Kenworth and Paccar Financial are offering an Extended Warranty Program for U.S. customers purchasing new Kenworth Class 8 trucks financed through PACCAR.
Tags: Kenworth, Class 8, Paccar Financial, Truck Warranty
Shipping companies represented by the Pacific Maritime Association are suspending the loading and unloading of vessels during four of the next five days as labor unrest at West Coast Ports continues.
Tags: Ports, Port Trucking, Labor Unions
Regional parcel carrier LSO, has announced the acquisition of Express Courier International, a same-day carrier in the southeast and mid-south region, to form what it describes as “a super-regional parcel carrier.”
Tags: Fleets, Mergers & Acquisitions
U.S. retail sales slumped in January for the second straight months, falling 0.8% from the month before, according to a new Commerce Department report and double the amount forecast by many economists.
Tags: Economy, Retail Sales, Freight, Ports, Port Trucking
Urgent need was the phrase most emphasized during the first hearing of the U.S. House Committee on Transportation & Infrastructure on reauthorizing the surface-transportation bill, which was held Wednesday on Capitol Hill.
Tags: Infrastructure Funding, House Transportation and Infrastructure Committee, Bill Shuster, Highway Bill
February 11, 2015 - Industry News
The latest reading on freight movements in the U.S. shows the amount carried by the for-hire transportation industry was virtually unchanged in December from November, failing to rise after five consecutive months of increases, according to the U.S. Department of Transportation.
Tags: Economy, Freight, Freight Index
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