Fleet Management

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April 14, 2014 - Industry News

J.B. Hunt First Quarter Profit Falls Slightly

Multi-mode freight transportation provider J.B. Hunt Transport Services on Monday reported first quarter 2014 net earnings of $68.7 million, or diluted earnings per share of 58 cents, compared to first quarter 2013 net earnings of $73.3 million, or 61 cents per diluted share.

Tags: J.B. Hunt, Fleets, Earnings

April 14, 2014 - Industry News

Transportation Lawmaker Petri Leaving Congress This Year

Tom Petri, R-Wisc.

Veteran transportation legislator Tom Petri, R-Wisc., will not run for reelection this fall. Rep. Petri is scheduled to make the announcement Monday afternoon at a town hall meeting in Neenah, Wisc.

Tags: House Transportation and Infrastructure Committee, U.S. House of Representatives, Congress, Wisconsin

April 14, 2014 - Industry News

Economic Watch: March Retail Sales Post Biggest Hike Since 2012

The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.

Tags: Economy, Retail Sales

April 14, 2014 - Industry News

DAT: Record Spot Freight Drives Record Rates in March

In a year of a record amount of freight on the spot market, March was no exception with freight availability increasing 56% in March compared to the same time a year ago, according to the DAT North American Index.

Tags: Freight, Spot Freight, DAT Transcore

April 14, 2014 - Industry News

Knight Revises Upward First Quarter Expectations

Truckload carrier Knight Transportation has revised upward expectations for its first quarter earnings.

Tags: Fleets, Earnings, Knight Transportation

April 11, 2014 - Industry News

First Annual Distinguished Woman in Logistics Award Program Announced

The Women In Trucking association announced the creation of the “Distinguished Woman in Logistics” award, sponsored by transportation software provider TMW Systems.

Tags: TMW Systems, Women in Trucking

April 11, 2014 - Industry News

Ryder Partners with Decisiv to Create Maintenance Solution for Truck Fleets

Ryder System announced that it has formed a partnership with Decisiv, a provider of Service Relationship Management solutions, to create an enhanced maintenance offering for large and for-hire truck fleets that own their vehicles and manage multiple maintenance providers.

Tags: Information Technology, Ryder System, Decisiv

April 11, 2014 - Industry News

Professional Truck Drivers Deliver a Baby Boy at Denny’s

Two professional truck drivers have been credited for delivering a baby in an unusual location and saving his life. For their quick thinking and willingness to help, the men have been added to the Truckload Carriers Association’s roster of Highway Angels, professional drivers who stop to help others.

Tags: TCA, TCA Highway Angel, Challenger Motor Freight, FTC Transport

April 11, 2014 - Industry News

Economic Watch: Wholesale Prices, Consumer Sentiment Both Rise

UPDATED -- Prices at the wholesale level increased 0.5% in March, the biggest hike since June, according to a new U.S. Labor Department report

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

April 11, 2014 - Industry News

Senators Agree on Highway Bill Principles

A bipartisan group of Senators has agreed on the outline of bill to reauthorize the federal highway program. The terms of the deal cover policy principles such as a long-term bill and maintaining existing programs but they do not cover the key question of how to pay for the program.

Tags: Highway Funding, Highway Trust Fund, Highways, Congress

April 11, 2014 - Industry News

New Tolling System at Ambassador Bridge for Canadian Bound Rigs

The Ambassador Bridge is implementing its non-stop tolling system, known as APASS, for all commercial traffic going into Canada, according to the Ontario Trucking Association.

Tags: Canada, Cross-Border Trucking, Ambassador Bridge

April 10, 2014 - Industry News

Sen. Durbin Seeks Review of FMCSA Investigative Practices

Sen. Dick Durban, D-Ill., asked the Transportation Department’s Inspector General to review the Federal Motor Carrier Safety Administration’s investigative practices. The agency dropped the ball on an investigation of a carrier that later was involved in a fatal crash, Durbin said in his April 9 letter to IG Calvin Scovel.

Tags: FMCSA, Safety, Safety & Compliance, Regulations

April 10, 2014 - Industry News

New State Legislation Director Joins OOIDA Staff

The Owner-Operator Independent Drivers Association announced a new director of state legislative affairs. Mike Matousek will be responsible for tracking and analyzing state legislative initiatives and proactively fighting for the rights of all truckers within state legislatures.

Tags: OOIDA, People

April 10, 2014 - Industry News

Economic Watch: First Time Jobless Benefit Claims Plummet

The number of Americans filing first-time jobless claims in the U.S. for the week ending April 5 posted its largest weekly decline since December 2012 with the lowest level of claims hit since March 2007.

Tags: Economy, Unemployment, Employment, Federal Reserve

April 10, 2014 - Industry News

USA Truck Ending “Poison Pill” Plan

The board of directors for trucking and logistics provider USA Truck has unanimously voted to terminate the company's stockholders' rights plan, effective April 11.

April 10, 2014 - Industry News

Port of Baltimore Handled Record Amount of Containers, Autos in 2013

The total amount of general cargo at the port’s public marine terminals reached 9.6 million tons, matching last year’s record.

Tags: Intermodal, Freight, Port Trucking, Port of Baltimore

April 9, 2014 - Industry News

FTR Shippers Conditions Index Declines in February

2014 may be a very volatile year requiring increased shipper attention to market conditions. FTR’s Shippers Conditions Index for February, at a reading of -8.8, reflects an earlier than normal tightening of capacity created by the debilitating effects of winter storms in early 2014.

Tags: FTR, Capacity, Shipper Conditions Index

April 9, 2014 - Industry News

Mack Trucks Names Brian Layman VP Business Development

Brian Layman

Mack Trucks named Brian Layman its new vice president of business development. In this newly created role, Layman will be responsible for product segmentation, development and management of sales programs, dealer measurements and new truck sales pricing and quoting activities for truck sales in North America.

Tags: Mack Trucks, People

April 9, 2014 - Industry News

Tempest Arises from Review of Size and Weight Study

Photo: Evan Lockridge

A preliminary review by the Transportation Research Board indicates possible weaknesses in the Department of Transportation’s Comprehensive Truck Size and Weight Study. Opponents of higher limits seized on the review as evidence for their cause.

Tags: U.S. DOT, FHWA, Size and Weight, Transportation Research Board, Congress, U.S. Department of Transportation, Teamsters, Advocates for Highway and Auto Safety

April 9, 2014 - Industry News

Flatbed Rates Continue Leading Spot Freight Market

Click to enlarge.

Spot market freight rates for flatbed loads continue soaring, despite a decline in the amount of overall freight, according to new figures released by the freight matching service provider DAT.

Tags: Freight, Spot Freight, DAT Transcore

April 9, 2014 - Industry News

DOT Freight Index Hits Third Highest Level on Record

Credit: U.S. DOT

The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in February from January, rising after two consecutive monthly declines.

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

April 9, 2014 - Industry News

Transportation Legislators Study Public Private Partnerships

Public Private Partnerships will be part of the funding mix in the next highway program but the precise role they will play is not clear. Transportation legislators got a range of views from partnership experts in a Tuesday session before members of the House Transportation and Infrastructure Committee.

Tags: Public-private partnership, Infrastructure Funding, House Transportation and Infrastructure Committee, Highway Funding, Congress

April 9, 2014 - Industry News

CEVA Logistics Opens New Foreign Trade Zone in Miami

The new facility joins Ceva’s existing network of foreign trade zone operations in Los Angeles, Dallas/Fort Worth and Chicago.

Tags: CEVA Logistics, Fleets

April 8, 2014 - Industry News

Strong Volume Reflected in Cass Freight Index

March freight shipment volume in the U.S. increased 6.6% over the prior month, on top of the 7.3% rise seen in February, according to the just released Cass Freight Index.

Tags: Economy, Freight, Cass Freight Index

April 8, 2014 - Industry News

Will ODFL Underprice its LTL Rivals Once Again?

Photo: Deborah Lockridge

The less-than-truckload industry is watching to see what move Old Dominion Freight Lines makes in the annual spring tariff-hike season.

Tags: Old Dominion Freight Line, LTL, Freight Rates

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