UPS Expecting Lower Profits
Parcel and trucking company UPS has offered a glimpse of its fourth quarter and 2013 earnings ahead of releasing its full report on Jan. 30.
Parcel and trucking company UPS has offered a glimpse of its fourth quarter and 2013 earnings ahead of releasing its full report on Jan. 30.
The Federal Motor Carrier Safety Administration has issued two emergency exemptions for propane and other home heating fuel haulers, covering the Eastern and Midwest regions of the country.
The Federal Motor Carrier Safety Administration’s newest enforcement tool is a shutdown order for carriers that flagrantly disregard the safety rules. Under a final rule to be posted this week, the agency can suspend or revoke the authority of willful repeat violators, and impose civil or criminal penalties.
Trial is set for Feb. 18 in Kansas City, Mo. federal court for a group of people charged for their roles in a conspiracy to steal nearly $1 million worth of trucks and trailers along with their cargo.
One household goods mover and an affiliate have allegedly swindled millions of dollars from the federal government by submitting false claims about relocating military personnel, according to a recently disclosed lawsuit.
Trucking company Knight Transportation has upwardly revised estimates of its financial performance, ahead of releasing full numbers later this month
Nacarato Volvo of Nashville, Tenn., has been named Volvo Trucks’ 2013 North American Dealer of the Year. The annual award recognizes Nacarato Volvo’s organization and employees for overall accomplishment and performance.
Cadec Global has added two industry veterans to its senior management team: Eric Witty has joined as vice president, product management, and Brent Goldstein has joined as vice president, software engineering. Each has 20-plus years experience working in the wireless and fleet management industries.
TruckersU.com has rolled out a new service designed for trucking companies with 40 or fewer power units to help them get on a shipper’s “approved carrier list.”
The annual rate registered 923,400 single-family homes and apartments, an 18% increase above 2012 figure of 780,600.
Trucking and logistics parent company, Con-way Inc. has released guidance ahead of posting fourth quarter earnings, with the expectation they will be around what they were the same time a year ago, 21 cents per share.
The Federal Motor Carrier Safety Administration will publish a rule next week containing tough new sanctions against carriers that disregard safety rules.
The Pete Store announced it has acquired certain assets of Elliott/Wilson Capitol Trucks LLC, a truck dealer with locations in Maryland and Virginia. The acquisition adds a full-service facility in Landover, Md., a parts-only location in Manassas, Va., and territory on the Eastern Shore of Maryland to the dealers’ network.
SmartDrive Systems announced that Michael Stapleton and Kelley Overton have joined its management team as vice president of regional sales and director of regional sales, respectively.
The Teamsters Union and YRC Worldwide announced Friday they reached a tentative agreement on a new labor contract, providing a pathway for substantial debt reduction and refinancing initiatives for the parent of several trucking operations.
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