Fleet Management

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October 24, 2014 - Industry News

Driver Aids Children in Fatal Accident

David Ragland. Photo: TCA.

David Ragland was named a Highway Angel by the Truckload Carriers Association for his actions in aiding two children in the aftermath of a fatal accident.

Tags: Tennessee, Fatal Accidents, Utah, TCA, TCA Highway Angel, Image

October 23, 2014 - Industry News

Hub Group Profit Posts Big Decline

Photo: Evan Lockridge

The Illinois-based operation reported income of $4.5 million compared to $18.6 million in the third quarter of 2013 with diluted earnings per share of 12 cents compared to 50 cents a year earlier.

Tags: Fleets, Earnings, Hub Group

October 23, 2014 - Industry News

OSHA Hits Carrier with $43,000 in Fines

The Occupational Safety and Health Administration has cited a solid waste removal trucking company for five safety and health violations following an inspection at the company's Mableton, Georgia, facility.

Tags: Regulations, OSHA, Safety, Georgia, Enforcement

October 23, 2014 - Industry News

U.S. NAFTA Freight Above $100 Billion for Sixth Straight Month

Percent change in value of U.S.-NAFTA freight flows by mode, August 2013 compared to August 2014. Graphic: U.S. DOT

U.S. freight movements with Canada and Mexico saw imports increase 3.6% while exports gained 5.2% from a year earlier, according to the U.S. Transportation Department.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, NAFTA, Surface Trade

October 23, 2014 - Industry News

Economic Watch: Leading Indicators, Manufacturing Ease

A measure of where the American economy is headed in the next three to six months shows conditions are improving, but not as fast as they have been, according to the private research group The Conference Board.

Tags: Economy, Manufacturing, Leading Economic Indicators

October 23, 2014 - Industry News

FedEx Predicts Record Holiday Volume

The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million shipments in volume.

Tags: Fleets, Freight, FedEx

October 23, 2014 - Industry News

Landstar Reports Record Profit, Revenue; Forecasts Higher Numbers

Photo: Evan Lockridge

Freight transportation provider Landstar System has reported record third quarter net income of $36.8 million, or 82 cents per diluted share, on record revenue of $819 million.

Tags: Fleets, Earnings, Landstar System

October 23, 2014 - Industry News

Meek Named Celadon COO, Executive Vice President

Celadon Trucking Services parent Celadon Group has names Erik Meek chief operating officer. He previously served as executive vice president, chief financial officer and treasurer.

Tags: Celadon Group, Fleets, People

October 22, 2014 - Industry News

Truckload Linehaul, Intermodal Rates Rise

The Cass Truckload Linehaul Index, which measures changes in per-mile truckload linehaul rates, rose 6.7% year-over-year in September and increased 2.4% above the August level.

Tags: Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

October 22, 2014 - Industry News

Knight Transportation Profit Leaps More Than 66%

With strong demand and tight capacity continuing, Knight Transportation's third-quarter profits are up more than 66% over a year ago, thanks to higher revenue per tractor and per loaded mile and fewer empty miles.

Tags: Fleets, Earnings, Knight Transportation

October 22, 2014 - Industry News

Cargo Volume Hits 7-Year High at Long Beach Port

Photo: Port of Long Beach

Cargo container traffic rose 7.3% in September at the Port of Long Beach compared to the same month last year, marking the Southern California seaport’s busiest September since 2007, the Port’s peak year.

Tags: Port of Long Beach, Freight, Ports, Port Trucking

October 22, 2014 - Industry News

DAT: Spot Freight Rates Down, Still Relatively Strong

Vans reported the biggest decline from Oct. 12 through Oct. 18 compared to the previous seven days, falling 1% to an average of $2.01 per mile, though the rate has been above the $2 per mile level for most of the year.

Tags: Spot Freight, Freight Rates, DAT Solutions

October 22, 2014 - Industry News

PS Logistics Purchases Two Tennessee-Based Fleets

The acquisition of Tennessee-based carriers adds a combined 220 new drivers, 210 tractor trucks and over 500 trailers to the P&S fleet offering reefer, flatbed and dump trucking services to customers including the aluminum, steel, food and building materials industries, according to PS Logistics.

Tags: Fleets, Mergers & Acquisitions, PS Logistics

October 22, 2014 - Industry News

Covenant Transportation Group Profit Falls Slightly

The decline was not surprising with the company announcing last month it was hit with a multi-million dollar judgment.

Tags: Covenant Transport, Earnings, Covenant Transportation Group

October 22, 2014 - Industry News

Economic Watch: Consumer Prices Barely Move Higher

Consumer prices in the U.S. remained in check during September, increasing just 0.1%, according to the U.S. Labor Department.

Tags: Economy, Consumer Prices

October 21, 2014 - Industry News

Miami Port, Railway Offering New Service for Faster Shipments

Photo: FECR Twitter page

Called the Sunshine Gateway service, this ship to rail transfer allows the port to handle additional volumes and ensures that shipments move more quickly with the potential to reach 70% of the United States population in four days or less

Tags: Railroads, Intermodal, Ports, PortMiami

October 21, 2014 - Industry News

Economic Watch: Existing Home Sales Hit Highest Level in a Year

Photo: Evan Lockridge

The latest housing starts figures show the housing market continues to move in the right direction, finally recapturing 2013 levels after a weak start to the year.

Tags: Economy, Home Sales

October 21, 2014 - Industry News

Driver Shortage Top Challenge for Heavy-Duty Fleets

Graph via CKCVR.

An annual survey of fleet representatives found that the driver shortage and improving fuel efficiency are among the key issues for heavy-duty fleets. The findings were published in the CK Commercial Vehicle Research 2014 Annual Fleet Study.

Tags: Fuel Efficiency, Driver Shortage, Fleet Survey, CKCVR

October 21, 2014 - Industry News

FMCSA Clarifies Home Heating Emergency Rule

The Federal Motor Carrier Safety Administration clarified its rule for tank carriers providing service in a home heating emergency.

Tags: FMCSA, Tankers, Hours of Service

October 21, 2014 - Industry News

UPS Follows FedEx with Rate Hike, Includes Freight Services

They will increase an average of 4.9% for UPS Freight along with the company’s ground, air and international operations for shipments within and between the U.S., Canada and Puerto Rico.

Tags: UPS, Fleets, UPS Freight, Freight Rates, FedEx, FedEx Freight

October 21, 2014 - Industry News

Werner Enterprises Reports 22% Net Income Increase

Photo: Evan Lockridge

According to Werner, freight market dynamics began showing year-over-year improvement for the company in mid-November 2013, and that trend has continued for the last eleven months, including the first three weeks of October.

Tags: Werner Enterprises, Fleets, Earnings

October 20, 2014 - Industry News

Finalists Selected for America’s Road Team

America's Road Team Truck: Photo by Volvo.

American Trucking Associations named 32 professional truck drivers as finalists for the 2015 America’s Road Team captains. America’s Road Team is a group of drivers with good safety records picked to represent the trucking industry.

Tags: Driver Safety, ATA, America's Road Team

October 20, 2014 - Industry News

Trucking Research Group Names New Chairman

Judy McReynolds is ATRI's new chairperson. Photo:  ATRI.

The American Transportation Research Institute named Judy McReynolds as its new chairman of the board, succeeding Steve Williams, CEO of Maverick Transportation.

Tags: ATRI, People, ArcBest Corp., Fleets

October 20, 2014 - Industry News

Railway Giants End Merger Talks

Canadian Pacific Railway Ltd. announced Monday that exploratory conversations held with CSX Corp. about a possible merger between the two railroads have ended. No further talks are planned.

Tags: Railroads, Intermodal, CSX

October 20, 2014 - Industry News

U.S., Mexico Sign Agreement Streamlining Freight Movements

A new agreement between the U.S. and Mexico allows stronger collaboration between CBP's Customs-Trade Partnership Against Terrorism program, commonly known as C-TPAT, and Mexico’s equivalent, to streamline the flow of goods between the two countries.

Tags: Security, Cross-Border Trucking, Mexico, Free Trade Agreement, Surface Trade

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