November 10, 2014 - Industry News
Goodyear Tire and Rubber added a new Goodyear Commercial Tire and Service Center in the Greensboro area of North Carolina.
Tags: Medium-Duty Trucks, Tires, Service Center, Goodyear Tire & Rubber
Some freight is having trouble entering the country and moving quickly to final end users while, the “transportation ecosystem is finding itself in turmoil” as freight shipments, particularly imports, climb in anticipation of a stronger holiday shopping season this year.
Tags: Economy, Port of Los Angeles, Port of Long Beach, Freight, Port Trucking, Cass Freight Index
Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.
Tags: Intermodal, Freight, Economy
The American Trucking Associations leadership thanked military veterans for their service, encouraging the millions of men and women who served to consider joining the trucking industry.
Tags: ATA, CDL, Veterans, Veterans Day
The association’s original lawsuit, on behalf of its small-business trucking members, was filed against CARB in December of last year in connection with the agency’s truck and bus regulations.
Tags: CARB, Regulations, California, Litigation
November 7, 2014 - Industry News
The unemployment rate in the U.S. fell again in October, dropping to its lowest level since July 2008, according to the U.S. Labor Department. In the same period, for-hire trucking added 3,900 jobs.
Tags: Economy, Unemployment, Employment
According to the Association of American Railroads, it totaled 1,381,749 containers and trailers, up 4.9%, or 64,071 units, over October 2013.
Tags: Economy, Railroads, Intermodal, Freight
November 6, 2014 - Industry News
Penske Automotive has completed its acquisition of The Around the Clock Freightliner Group, a heavy and medium duty truck dealership group operating in Texas, Oklahoma and New Mexico.
Tags: Penske, Mergers & Acquisitions, Parts and Service, Dealers, Commercial Truck Dealers
Financial losses for XPO Logistics Inc. widened in the third quarter of the year despite it increasing total revenue more than 200% from the same time a year ago, following several acquisitions, but company officials insist they are headed toward profitability.
Bulk and chemical logistics provider Quality Distribution Inc. has reported a 9.7% increase in revenue in the third quarter of the year compared to a year ago while earning increased by an even wider margin.
Tags: Fleets, Earnings, Quality Distribution, Quality Carriers, Boasso America
Knight Transportation Inc. CEO Kevin Knight will step down from part of his role with the company on Jan. 1.
Tags: Fleets, People, Knight Transportation
November 5, 2014 - Industry News
Daimler Trucks North America announced that October was the company’s best month for orders of Class 6-8 trucks with 31,304 units ordered in NAFTA and export markets.
Tags: Freightliner, ACT Research, Truck Orders, Daimler Trucks North America
Activity in the U.S. non-manufacturing sector continued growing in October, but not as fast as the month before.
Tags: Economy, Non-Manufacturing
The Republican sweep in the mid-term elections changes the players, but it is too soon to know how it will affect transportation policy.
Tags: Congress, Legislation, Highway Trust Fund, Highway Funding, President Obama, Highway Bill, Hours of Service
The average spot van rate on DAT load boards was unchanged at $2.01 per mile for the week ending Nov. 1 compared to the previous seven days, according to DAT Solutions, which operates the DAT network of load boards
Tags: Spot Freight, Freight Rates, DAT Solutions
The high “take” for Volvo Engines and Automated Transmissions reflects customer satisfaction with the efficiency and reliability of the products, the company says.
Tags: Diesel Engines, Volvo Trucks, I-Shift, Automated transmissions, Automated Manual Transmissions
Bobit Business Media has acquired the Truck Fleet Management media properties from the American Trucking Associations (ATA) in a deal that closed Nov. 5.
Tags: Bobit Business Media, ATA, Mergers & Acquisitions
William J. Logue has been in the role at the less-than truckload carrier since 2010.
Tags: Fleets, People, FedEx, FedEx Freight
The U.S. job market continues improving with a new report showing private sector employment increased by 230,000 jobs from September to October, the biggest gain since June.
Tags: Economy, Employment
November 4, 2014 - Industry News
The American Trucking Association’s Safety Management Council honored fleets, safety professionals and a state association at the annual Safety and Human Resources National Conference and Exhibition.
Tags: Safety, ATA, Awards, Safety Management Council
Forward Air Corp’s. motor carrier subsidiary, FAF Inc., is raising owner-operator pay effective Jan 4. The contractual base rate will increase by 10 cents per mile for team less-than-truckload and truckload express service, while rates for solo truckload express drivers will increase by 6 cents per mile.
Tags: Fleets, Owner-Operators, Forward Air, Driver Pay
Washington State saw a record-breaking number of cargo thefts in the third quarter of the year, along with a new tactics on the part of thieves that could signal a likelihood of further thefts.
Tags: Security, Washington, Cargo Theft, FreightWatch
A memorial service for former Heavy Duty Trucking Senior Editor James Stacy is set for later this week following his death on June 18 at age 94.
Tags: Obituary, Heavy Duty Trucking magazine, People
The trucking operation Forward Air Corp. announced its subsidiary, Central States Trucking Co., has purchased substantially all of the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc., based in Indianapolis, Indiana.
Tags: Fleets, Mergers & Acquisitions, Forward Air
November 3, 2014 - Industry News
Omnitracs completed its $178 million acquisition of fleet management software company XRS, the company announced. The company began the acquisition process in September.
Tags: telematics, Information Technology, XRS, Mergers & Acquisitions, Omnitracs
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