December 23, 2015 - Industry News
The California Labor Commissioner’s office has awarded 38 truck drivers $6.9 million in back pay after ruling that the drivers had been improperly classified as independent contractors.
Tags: California, Ports, Teamsters, Strikes, Port Trucking, Labor Unions, Independent Contractors
Two days before Christmas, the Commerce Department released three reports on the U.S. economy. When put together, they show a solid performance, though not as strong as it has been or some would like.
Tags: Economy, Durable Goods, Home Starts, Home Building, Personal Spending
Rates on the spot freight market slipped in two of the three main sectors for the week ending Dec. 19 as the amount of cargo to move fell slightly, according to DAT Solutions per its network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions
Toronto-based Element Financial Corp. has closed $4.8 billion in rated asset-backed security funding that will fuel the company's aggressive move into the U.S. fleet management business.
Tags: Mergers & Acquisitions, Equity Markets, Element Financial
December 22, 2015 - Industry News
American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index declined 0.9% in November, erasing half of the 1.8% gain from October.
Tags: ATA, Freight, Truck Tonnage, Truck Tonnage Index
The latest measure of strength in the overall U.S. economy shows it maintained its momentum in the third quarter of the year. A separate report shows a big decline in existing home sales for the second straight month.
Tags: Economy, GDP, Home Sales, Gross Domestic Product
Nissan has increased the retail price of its base model NV Cargo van with a standard roof and 4.0L V-6 engine by $500 to $27,735 for the 2016 model year, Nissan has announced.
Tags: Nissan, Vehicle Pricing, Nissan NV, 2016-MY, Full-Size Vans, Warranty
December 21, 2015 - Product News
Telematics provider SkyBitz has added a fleet management solution for sales, service and delivery vehicles with the launch of SkyBitz Local Fleets.
Tags: Telematics, SkyBitz, Delivery Fleets, Service Fleets, Information Technology
December 17, 2015 - Industry News
The Implementation of the Unified Registration System will streamline the DOT registration process and make it more difficult for unsafe truck companies to avoid enforcement actions, per the agency.
Tags: FMCSA, fleet safety, Vehicle Registration, U.S. DOT
It's looking like a good Christmas for Navistar and FedEx. The truck and engine maker managed to cut back on its losses in its most recent fiscal quarter and likely no longer will have an SEC investigation hanging over its head. Meanwhile, FedEx saw better earnings due to record holiday business.
Tags: Economy, Navistar, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express
A measure of truckload linehaul rates shows some improvement from the same time a year ago, while a separate report shows intermodal rates continue to sink.
Tags: Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
A rally in spot truckload freight rates appears to have fizzled last week, as truck capacity jumped 21% while available freight fell 18% compared to the previous week, according to DAT Solutions.
Tags: Freight Rates, Spot Freight, DAT Solutions
December 16, 2015 - Industry News
Congress is expected to further nail down the suspension of two restrictions placed on the 34-hour restart provision of the hours of service rules — and to bar the door to legalizing twin 33-foot trailers on highways nationwide.
Tags: FMCSA, U.S. House of Representatives, 34-Hour Restart, Truck Size/Weight
December 16, 2015 - Product News
After several months of beta testing Cargomatic has officially launched service in the San Francisco Bay Area, including San Francisco, Oakland, and San Jose.
Tags: Freight, Shippers, Load Board, Mobile Apps, Cargomatic, California
The U.S. Federal Reserve’s Open Market Committee on Wednesday decided to push short-term interest rates higher for the first time since 2006.
Tags: Federal Reserve, Interest Rates, Economy
McLeod Software’s fleet management platform LoadMaster will now connect with the Teletrac Fleet Director hours of service platform.
Tags: Fleet Management Software, Teletrac, HOS, LoadMaster, McLeod Software, ELDs, Telematics
Economic reports Wednesday morning ahead of the U.S. Federal Reserve's Open Market Committee didn't offer a clear picture on the state of the economy, with slower manufacturing growth but a boost in housing numbers.
Tags: Economy, Industrial Production, Manufacturing, Consumer Prices, Housing Starts, Federal Reserve
Lou Wall was named maintenance manager at Jack Cooper Transport, one of the nation's largest car-hauling fleets.
Tags: New Hire, Auto Haulers, Ryder System Inc.
December 15, 2015 - Industry News
Research found fleets that saw MPG gains of 5% to 10% with rigorous PMs, Trucking Efficiency's confidence report says.
Tags: Maintenance, Preventive Maintenance, Fleet Maintenance, Fuel Economy
Notice of a proposed rule that would increase the use of inspection data in making Safety Fitness Determinations for motor carriers is expected to be published by Dec. 29
Tags: FMCSA, Highway Bill, CSA, Vehicle Inspection
A measure of North America freight volume shows shipments did not fall in November from the month before for the first time in five years while freight expenditures declined slightly.
December 14, 2015 - Industry News
The Colorado Department of Transportation is adding a bio-based corrosion inhibitor to the salt brines used for de-icing to reduce the potential damage to vehicles and roads this winter.
Tags: Colorado, Corrosion, Winter, De-Icing
December 14, 2015 - Product News
Bestpass reached several company milestones in 2015, including processing over $350 million in tolls, increasing users by nearly 50% and expanding to four new states.
Tags: Tolls, Toll Management Program, Weigh Stations, Bestpass
The black Ford F-250 started life as a truck for a Texas-based plumbing company, carrying pipes, toilets and other ilk. Until, that is, it appeared as the focal point of a tweet from a supposed extremist last December.
Tags: Ford F-250, Dealers, Lawsuits, Syria
December 11, 2015 - Industry News
Both retail sales and prices at the wholesale level rose the most in months during November, according to two separate economic reports released on Friday. These will join other numbers that will be considered in a few days when the Federal Reserve considers an interest rate hike.
Tags: Economy, Retail Sales, Wholesale Prices, Federal Reserve, Producer Prices
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