August 19, 2014 - Industry News
UPDATED -- Consumer prices increased as the slowest pace in five months during July, increasing just 0.1% from the month before, according to the U.S. Commerce Department.
Tags: Economy, Home Starts, Consumer Prices
August 18, 2014 - Industry News
The deadline to nominate a fleet for Heavy Duty Trucking's Top 50 Green Fleets has been extended through the end of the month to Friday, August 29.
Tags: Green Fleet Conference, Top 50 Green Fleets, Alternative Fuels, Fuel Efficiency, Sustainability, Greenhouse Gas Emissions
Celadon Trucking Services has purchased more than 1,500 new tractors to add to its overall fleet.
Tags: Kenworth, LoneStar, ProStar, International Trucks, Celadon, Fleets
The go-to-market name for PHH Arval will transition to Element Fleet Management between now and the end of 2014. Element Financial Corporation, a Canadian-based equipment finance company, acquired PHH Corporation’s North American fleet management unit for $1.4 billion in cash on July 7.
Tags: Element Financial, PHH Arval, Canada
Builder confidence in the market for newly built, single-family homes rose two points to 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index for August, released Monday.
Tags: Economy, Home Building
A federal court last week issued a ruling against the trucking company Prime Inc. and its same-sex training program for newly hired truck drivers.
Tags: Drivers, Fleets, Prime Inc., Litigation, EEOC
August 15, 2014 - Industry News
Industrial production in the U.S. increased 0.4% in July for its sixth consecutive monthly gain, according to new Federal Reserve numbers, due in large part to a big increase in activity within the auto sector.
Tags: Economy, Industrial Production, Consumer Sentiment, Producer Prices
August 14, 2014 - Industry News
Anne Ferro’s departing message is that the cost of truck and bus safety needs to be distributed more evenly through the supply chain. Too much of the burden falls on drivers who are not paid for all the time they work, said Ferro in an exit interview Thursday with a number of reporters.
Tags: FMCSA, Anne Ferro, People, Federal Motor Carrier Safety Administration
Heavy Duty Trucking and Truckinginfo.com have added Stephane Babcock, an experienced journalist and B2B editor, to the editorial team as senior editor.
Tags: Heavy Duty Trucking magazine, People
A former financial management specialist with the Federal Motor Carrier Safety Administration was sentenced to prison late last month in U.S. District Court, Baltimore, Maryland.
Tags: FMCSA, Office of Inspector General, Crime & Fraud, Fraud, Crime
The Georgia Ports Authority reached an all-time high in container trade in July, moving 293,889 twenty-foot equivalent container units at Savannah’s Garden City Terminal, a 19.2% increase over the previous year.
Tags: Georgia, Intermodal, Ports, Port Trucking, Port of Savannah
August 13, 2014 - Industry News
Tennessee-based U.S. Xpress, one of the largest privately owned fleets in the country, reportedly is purchasing Arnold’s Jacksonville, Fla., headquarters and at least one terminal.
Tags: Fleets, U.S. Xpress, Arnold Transportation, Mergers & Acquisitions
The amount of freight available on the spot market remained stable over the past week, while rates have improved little if any, according to freight matching service provider DAT -- but things could turn around soon.
Tags: Spot Freight, DAT Transcore, Freight Rates, Capacity
The U.S. Transportation Department’s Freight Transportation Services Index declined 0.9% in June from May, falling after four consecutive monthly increases, according to numbers released Wednesday.
Tags: Economy, Freight Index, Freight
U.S. retail sales were virtually unchanged in July from the month before, according to a new U.S. Commerce Department report, but were 3.7% higher than compared to the same time a year earlier.
FleetCor Technologies, a provider of fuel cards and workforce payment services, has signed an agreement to purchase electronic payment services provider Comdata for $3.45 billion.
Tags: Comdata, Fleet Card, FleetCor Technologies, Mergers & Acquisitions
The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9% from the previous month, according to the latest Cass Freight Index.
Tags: Economy, Freight, Freight Rates, Cass Freight Index
August 12, 2014 - Industry News
President Obama has signed the latest short-term extension of the federal highway program, starting a 10-month clock on yet another funding deadline.The $10.8 billion bill, passed by Congress at the last moment before the Highway Trust Fund dipped into the red, will keep the fund solvent until next May.
Tags: Congress, Highway Funding, Highway Trust Fund, Anthony Foxx
U.S. Xpress, Chattanooga, Tenn., is increasing its base mileage pay and making other compensation changes for over-the-road, solo, non-dedicated truck drivers.
Tags: Fleets, U.S. Xpress, Driver Pay
The Ninth Green Fleet Conference & Expo (GFC) announced its schedule for the annual event Oct. 29-30 in Schaumburg, Ill. The 2014 keynote speakers are Mark Smith from the U.S. Department of Energy’s Clean Cities and John Viera from Ford Motor Co.
Tags: Green Fleet Conference, Events, Alternative Fuels, Fuel Efficiency
The American Trucking Associations has made a $100,000 commitment toward the Trucking Moves America Forward campaign, an industry initiative to showcase the positive side of trucking.
Tags: ATA, Trucking Moves America Forward, Image
Massive rain, described by some media outlets as “historic,” has hit the Detroit area, leading to flooding and closed roads, including many interstate routes.
Tags: Detroit, Weather, Road Closure, Interstate
Trucks serving major container ports can expect to see record import volume this month as retailers concerned about the lack of a West Coast longshoremen’s contract rush to bring holiday season merchandise into the country.
Con-way Truckload has announced the rollout of an enhanced driver compensation package that raises per-mile pay, effective Sept. 7 for both company drivers and independent contractors.
Tags: Drivers, Fleets, Con-way Truckload, Driver Pay, Con-way Inc.
August 11, 2014 - Industry News
Mitsubishi Fuso is now offering a fair market value lease on the Canter FE Series trucks as a result of its partnership with Daimler Truck Financial.
Tags: Closed-End Leases, Canter, Mitsubishi Fuso Truck of America, Daimler Truck Financial, Daimler Trucks North America
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