March 19, 2015 - Industry News
Speaking to reporters yesterday, House Transportation and Infrastructure Chairman Bill Shuster argued that both Congress and President Obama lack the political will to increase federal fuel taxes to pay for funding the next highway bill.
Tags: Fuel Tax, Highway Funding, Highway Trust Fund
A look at where the U.S. economy is headed in the next three to six months showed another rise, according to a new report from the private research group The Conference Board.
Tags: Economy, Leading Economic Indicators, Federal Reserve
March 18, 2015 - Industry News
As state governments seek the best avenues to fund their highway infrastructure spending this year, many governors and legislators are looking closely at where making changes to motor-vehicle fuel taxation may get them.
Tags: Fuel Tax, Highway Funding
The Motor Carrier Safety Advisory Committee will hold a two-day public meeting later this month on how to “credit carriers and drivers who initiate and establish programs that promote safety beyond the standards established in FMCSA regulations."
Tags: Driver Safety, Fleet Safety, FMSCA
The value of freight moved between the U.S. and its North America neighbors increased 4.5% in 2014 compared to a year earlier, while over the longer term trucking has some lost market share to other transportation modes.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Railroads, Surface Trade
The average flatbed rate on the spot market picked up a little more steam while rates in the other two sectors remained stable as both the number of loads to move and truck capacity increased.
Tags: Spot Freight, DAT Transcore, Freight Rates
FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.
Tags: Fleets, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express
March 17, 2015 - Industry News
Roads and bridges may be local projects, but there’s no getting around their funding being planned and executed on a national scale. That message was driven home today in testimony by three representatives of key stakeholder groups before the U.S. House Transportation & Infrastructure Committee.
Tags: Highway Funding, U.S. House of Representatives, Surface Transportation, Highway Bill, Devolution
FTR has announced that registration is open for its first "virtual conference." The event is scheduled for April 7th and will include discussions and question-and-answer sessions on important topics in trucking.
Tags: Webinar, Events, FTR, Fuel Prices, Regulations
Nationwide housing starts dropped 17% to a seasonally adjusted annual rate of 897,000 units in February, according to newly released data from the U.S. Commerce Department.
Tags: Economy, Housing Starts
March 16, 2015 - Industry News
Bendix Commercial Vehicle Systems surpassed $1 billion in sales during 2014, marking a first for the company.
Tags: Sales, Bendix, Brakes, Wheel Ends, Bendix Spicer Foundation Brake, safety
UPDATED -- Industrial production in the U.S. increased 0.1% in February from the month before, but is 3.5% higher than the same time a year ago.
Tags: Industrial Production, Economy
The U.S. and Canada have agreed to allow trucks going into the U.S. from Canada to clear customs on the Canadian side of the border, according to a report from The Buffalo News.
Tags: Canada, Legislation, Cross-Border Trucking, Department of Homeland Security
March 13, 2015 - Industry News
Ford has begun offering a heavy payload package with its 2015 F-150 pickup that increases the payload and towing capabilities for fleet and other commercial users.
Tags: Ford F-150, Full-Size Pickups, Towing, Payload, Ford, 2015-MY
Dartco has begun installing Bose Ride seats in its trucks for its drivers to improve comfort on long drives, the company announced. The seats will also be available as bonuses or performance incentives.
Tags: Driver Shortage, Dart, Driver Comfort, Driver Retention, Bose
The Port of Virginia has begun implementing several policies to ease congestion and address problems for truckers at the busy East Coast port.
Tags: Virginia, Ports, Congestion, Port Trucking, Intermodal
Prices at the wholesale level fell again in February, down 0.5% from the month before, the fourth straight month this has happened, and is the largest drop since 2009.
Tags: Economy, Consumer Sentiment, Producer Prices
Ford has begun production of its 2015 F-150 pickup at the Kansas City Assembly Plant about four months after it began building aluminum-body trucks at its Dearborn Truck Plant in Michigan.
Tags: Ford, Ford F-150, Assembly Plant, Full-Size Pickups
March 12, 2015 - Industry News
The American Road & Transportation Builders Association is floating a detailed “political solution” that it contends would “permanently resolve the issue of [using] short-term fixes” to fund future investments in highway/bridge and transit capital projects.
Tags: Highway Funding, Highway Trust Fund, Highway Construction, Capitol Hill
American Trucking Associations is seeking nominations for the third class of its LEAD ATA leadership development program designed to nurture the next generation of trucking industry leaders.
Tags: Legislation, ATA, Leadership
Intermodal freight movements are finally recovering since a tentative agreement was worked out about three weeks ago between West Coast Port workers and shipping companies, but diversions of freight from this part of the country are expected to continue.
Tags: Intermodal, FTR, Ports, Research, Port Trucking, Stoughton, China, Railroads
The FTR Trucking Conditions Index for January dropped 34% month to month to a reading of 7.8. Despite the drop, the index is only slightly below the high average score from 2014.
Tags: FTR, Trucking Conditions Index, Freight Capacity
Retail sales in the U.S. fell for the third straight month in February as harsh weather in much of the country kept consumers and their wallets at home.
Tags: Economy, Retail Sales
March 11, 2015 - Industry News
The freight-matching service provider DAT Solutions reports the biggest increase on its network of load boards was in the van segment.
Tags: Spot Freight, Freight Rates, DAT Solutions
Six of the seven trucking companies suing Pilot Flying J CEO Jimmy Haslam for fraud have agreed to settle, according to reports from a Cleveland-based ABC news affiliate.
Tags: Lawsuits, Truckstops, Pilot Flying J, Fraud, Settlement
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