Fleet Management

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October 19, 2015 - Industry News

Economic Watch: Industrial Production Falls, Consumers Optimistic

A report released Friday shows industrial production in the U.S. fell for the second consecutive month, the latest confirmation the economy lost some ground in the third quarter of the year.

Tags: Economy, Consumer Confidence, Industrial Production, Consumer Sentiment

October 19, 2015 - Industry News

Covenant Transport Reports Strong Earnings Increase

Covenant Transportation Group reported a big gain in third quarter profit. Revenue slipped 2.3% but freight revenue moved higher.

Tags: Economy, Covenant Transport, Fleet Earnings

October 18, 2015 - Product News

Omnitracs Focuses on 'Data Publishing' With New Navigation Solution

Using the new tool, the navigation team vets feedback and updates maps. Photo: Omnitracs

PHILADELPHIA – As it repositions itself as a company offering software and solutions vs. a hardware provider, Omnitracs unveiled Omnitracs Navigation at the American Trucking Associations Management Conference & Exhibition.

Tags: Information Technology, Navigation, Omnitracs, ATA MC&E

October 18, 2015 - Industry News

Graves Cites Carriers’ Health, Decries Congressional ‘Disarray’

Bill Graves speaks at ATA MC&E in Philadelphia. Photo: Evan Lockridge

PHILADELPHIA – “Most motor carriers have had a pretty good year – not great – but pretty good for 2015,” said Bill Graves, president of the American Trucking Associations, in his annual report on the state of the industry.

Tags: Economy, ATA, Congress, Politics, Bill Graves, ATA MC&E

October 18, 2015 - Industry News

Economic Fundamentals Better Than They Appear

Norman Behravesh, chief economist for IHS Inc. Photo: Evan Lockridge

PHILADELPHIA — Freight volumes and GDP growth have not been as high as many hoped this year, but trucking companies should be ready for growth to return to higher levels, according to a presentation by two economists at the American Trucking Associations’ Management Conference & Exhibition.

Tags: Economy, ATA MC&E

October 18, 2015 - Industry News

Fastport’s Military Veteran-Hiring Effort Expands to Retention

Service men and women who are transitioning to civilian life attending a "hiring fair" at Fort Drum, New York, sponsored by Fastport. Photo: Fastport

PHILADELPHIA -- Fastport Inc., a job placement service active in an industry effort to hire military veterans for driver positions, has embarked on a retention campaign,

Tags: American Trucking Associations, Truck Drivers, Driver Shortage, OOIDA, TCA

October 18, 2015 - Industry News

ATA Honors Mike Russell Trucking Industry Image Award Winners

PHILADELPHIA -- The American Trucking Associations honored its ninth annual Mike Russell Trucking Industry Image Award winners.

Tags: Image, ATA MC&E

October 18, 2015 - Industry News

ATA Names Third Class to LEAD ATA Program

PHILADELPHIA – The American Trucking Associations Sunday named its third class to the LEAD ATA industry leadership program, and announced the graduation of the second class, during the annual ATA Management Conference & Exhibition.

Tags: American Trucking Associations, ATA MC&E

October 17, 2015 - Product News

Help Inc. Expands PrePass Plus, Electronic Toll Payment

HELP Inc. President and CEO Karen Rasmussen shows off the new bypass-and-toll transponder. Photo: Deborah Lockridge

PHILADELPHIA – HELP Inc., the non-profit public/private partnership that provides PrePass weigh station bypass, announced its new ElitePass transponder, which expands PrePass Plus electronic toll payment services to California and Kansas, with Oklahoma, Texas and others coming soon.

Tags: Tolls, Help Inc., PrePass, ATA MC&E, Weigh-Station Bypass

October 15, 2015 - Industry News

Data Analysis is Lowering Fleet Costs

Source: Fleet Advantage

Over a quarter of large fleets say data analysis is reducing operating costs by at least $4,000 annually per truck, according to a recent survey by Fleet Advantage.

Tags: Operating Costs, Survey, Fleet Advantage, Analytics, Big Data

October 15, 2015 - Industry News

For-Hire Freight Shipments Hit New Record in August

Freight Transportation Services Index, August 2010 - August 2015. Graphic: U.S. DOT

The amount of for-hire freight increased for the second consecutive month, hitting a new record high, due in large part to a jump in truck shipments, according to new U.S. Transportation Department figures.

Tags: Freight, Freight Index, Economy

October 15, 2015 - Industry News

House to Mark Up Highway Bill — At Last

Rep. Bill Shuster, Chairman of the House Transportation and Infrastructure Committee File Photo

The House Transportation and Infrastructure Committee has finally scheduled a hearing to mark up its version of a long-term highway funding bill for Oct. 22 – seven days before the current short-term patch authorizing spending on transportation runs out.

Tags: Highway Funding, Highway Bill, U.S. House of Representatives

October 15, 2015 - Industry News

Falling Debris Sparks Controversy Over Detroit's Ambassador Bridge

Photo: Jim Park

Debris falling from the 85-year-old Ambassador Bridge between Detroit and Windsor has ignited controversy over who should be held responsible.

Tags: Infrastructure Funding, Ambassador Bridge, Bridges, Canada, Cross-Border Trucking

October 15, 2015 - Industry News

GM, Telogis Ramping Up Factory Telematics Offering

Photo courtesy of Telogis.

Fleets have increasingly been opting for a factory-installed Telogis solution when purchasing General Motors vehicles, especially Chevrolet Silverado trucks, which will enter the 2016 model year with additional connectivity.

Tags: Telogis, General Motors, Chevrolet Silverado, Wireless Services

October 15, 2015 - Industry News

Economic Watch: Overall Inflation Absent, Core Prices Jump

Overall inflation is posing no threat to the U.S. economy, with a new report showing retail prices fell in September, the biggest drop in eight months. However, a key measure inside this moved higher, leading to more guessing about whether the Fed will raise interest rates.

Tags: Economy, Consumer Prices, Federal Reserve

October 15, 2015 - Press Release

Public-Access CNG Station Opens in Jacksonville

Photo courtesy of amp Trillium.

Compressed natural gas fuel supplier ampCNG has opened a second public-access fuel station in Jacksonville, Fla., near the Port of Jacksonville at the GATE station along I-295, the company has announced.

Tags: Natural Gas Vehicles, CNG Fueling Stations, ampCNG

October 14, 2015 - Industry News

Spot Market Rates Fall Again as Trailer Demand Slips

Following a surge to close out September, the number of posted loads on the spot truckload market dropped 11% during the week ending Oct. 10, according DAT Solutions, which operates the DAT network of load boards.

Tags: Spot Freight, Freight Rates, DAT Solutions

October 14, 2015 - Industry News

Element Further Explains Growth Trajectory

File logo

Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.

Tags: Fleet Services, Information Technology, Mergers & Acquisitions, Element Financial, Element Fleet Management, Fleet Management Companies

October 14, 2015 - Industry News

J.B. Hunt Profit Increases to $115 Million

J.B. Hunt's third quarter net earnings exceeded analyst expectations at $115.1 million, or diluted earnings per share of 99 cents, compared to third quarter 2014 net earnings of $102.4 million, or 87 cents per diluted share.

Tags: J.B. Hunt, Freight Rates, Fleet Earnings

October 14, 2015 - Industry News

Economic Watch: Retail Sales Barely Increase, Wholesale Prices Drop

Retail sales in the U.S. barely moved higher last month -- about half what many analysts were expecting. With wholesale prices falling the most in eight months. there's more speculation on what will happen with interest rates.

Tags: Economy, Retail Sales, Wholesale Prices, Federal Reserve

October 14, 2015 - Industry News

Freight Shipments, Payments Increase After Two Monthly Declines

Freight shipments and payments rose in September following two straight monthly declines, according to the latest Cass Freight Index.

Tags: Economy, Cass Freight Index

October 13, 2015 - Industry News

Driver Turnover Hits 87% at Large Truckload Carriers

Driver turnover at large truckload fleets rose to an annualized rate of 87% in the second quarter of 2015. Despite the increase it is below recent averages.

Tags: ATA, Driver Shortage, Driver Turnover, Truckload, Large Fleets

October 13, 2015 - Industry News

Ryder is Latest to Revise Earnings Outlook

Ryder System Inc. has become the latest trucking operation to revise downward expectations for its upcoming third quarter earnings.

Tags: Ryder System Inc., Fleet Earnings

October 12, 2015 - Industry News

Large Carriers Lead in Rates, Revenue and Retention

Large carriers lead the trucking industry on several key metrics including per-mile rates, driver retention, and revenue-per-driver, according to a recent survey conducted by transportation consultation firm Katz, Sapper & Miller.

Tags: Survey, Revenues, Driver Retention, Freight Rates, KSM

October 12, 2015 - Industry News

Maverick President to Retire, Successor Named

John Culp Photo: Maverick

Maverick president and chief operating officer, Stephen Selig has announced his retirement and the company has named executive vice president and chief financial officer, John Culp, his successor.

Tags: Retirement, Leadership, People, Maverick Transportation


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