January 5, 2015 - Industry News
ABF Logistics acquired the privately held truckload brokerage firm Smart Lines Transportation Group for $5.17 million in cash. The acquisition of the Oklahoma City-based company will expand ABF's third-party logistics operations into the Oklahoma City market.
Tags: ABF, Logistics, Mergers & Acquisitions, ArcBest Corp., 3PL
The Canada-based customs broker Farrow Co. has acquired CK Logistics Inc., an established customs broker and logistics firm headquartered in San Antonio.
Tags: Canada, Cross-Border Trucking, Fleets, Brokers, Logistics, Mergers & Acquisitions
Intermodal rail traffic moved by U.S. railroads posted a healthy gain for all of last year, according to new figures released by the Association of American Railroads.
Tags: Canada, Mexico, Railroads, Intermodal, Association of American Railroads
Economic activity in the manufacturing sector expanded in December for the 19th consecutive month, but it was the slowest pace in six months, according to the nation’s supply executives.
Tags: Economy, Manufacturing, Construction Spending
December 31, 2014 - Industry News
Cowan Systems announced that Dennis Morgan will be the new president of the company effective Jan. 1, 2015. Morgan is leaving his current role as the company’s chief operating officer.
Tags: Leadership, People, Cowan Systems LLC, Logistics, Promotions
The Federal Motor Carrier Safety Administration announced that random testing for controlled substances would remain at a rate of 50% in 2015.
Tags: FMCSA, Drug Testing, Alcohol Testing
FRP Holdings Inc. announced Tuesday its board of directors unanimously approved the separation of its freight transportation business, Patriot Transportation Holding Inc., soon to be known as New Patriot, from its real estate business.
Tags: Fleets, Patriot Transportation, Florida Rock & Tank Lines
The spot freight market posted its usual seasonal lull the week of Christmas, but one sector saw a slight overall rate improvement, according to the freight matching service provider DAT Solutions.
Tags: Freight, Spot Freight, Freight Rates, DAT Solutions
Was 2014 a great year for U.S. economy or not? What were the biggest influences on it and how did it affect trucking? It’s all a matter of the perspective of who you ask. HDT's Evan Lockridge offers his year-end take on the subject.
December 30, 2014 - Product News
PacLease unveiled a new web site which was designed for viewing and access on a mobile device.
Tags: Paclease, Website, PACCAR Leasing
PeopleNet announced that it has updated its software to suspend the July 1, 2013 34-hour restart provisions.
Tags: PeopleNet, HOS, 34-Hour Restart
December 30, 2014 - Industry News
FedEx acquired third party logistics company Genco, expanding the company’s portfolio to include reverse logistics which deals with the processing of returns for retailers.
Tags: 3PL, Logistics, Mergers & Acquisitions, FedEx, FedEx Ground
ASA Electronics hired Courtland Jones as Project Engineer for the company’s expanding engineering team. ASA designs and engineers electronics devices for commercial industries including JENSEN Heavy Duty products.
Tags: Accessories, Vehicle Electronics, ASA Electronics
The U.S. government lost $9.26 billion in its financial rescue of the auto industry, and closed out its last investment earlier this month six years after initiating the plan.
Tags: Auto Industry Bailout, U.S. Treasury, Chrysler, General Motors, Ally Financial
Consumer confidence in the U.S. rebounded in December after falling in November, according to the private research group The Conference Board.
Tags: Economy, Consumer Confidence
December 29, 2014 - Industry News
For the first year ever, Wreaths Across America received enough money and volunteer help to place a wreath at all 230,000 graves at the Arlington National Cemetery.
Tags: Veterans, TCA, Wreaths Across America, Trucking Moves America Forward, Christmas
ACT Research found that demand for Class 8 trucks remained high in November with 40,925 units ordered. It was the fifth best month since the research company began collecting data in the 1980s.
Tags: Class 8, ACT Research, HOS, Truck Orders
Altec’s action affects 1,857 devices that may have a faulty hydraulic pressure transducer.
Tags: Recalls, Altec Industries, Aerial Devices, NHTSA, Medium-Duty Trucks
The Truckload Carriers Association announced 18 division winners for its 2014 National Fleet Safety Awards.
Tags: Driver Safety, Awards, Fleet Safety Award, TCA, Truckload Carriers Association
UPS expects to transport more than 4 million return packages in the United States by the end of the first full week of January, the company announced.
Tags: UPS, Consumer Spending, Consumer Sentiment, Shipping Service
Consumer confidence reached its most favorable level this month since the last cyclical peak was set in January 2007, according to the Thompson Reuters/University of Michigan Survey of Consumers, released just before Christmas.
Tags: Economy, Home Sales, Consumer Sentiment
Spot market freight rates posted declines as Christmas approached, according to numbers from the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
December 26, 2014 - Global News
Mitsubishi Fuso Truck and Bus Corporation and Daimler India Commercial Vehicles Pvt. Ltd. that cooperate together under the Umbrella of Daimler Trucks Asia, have announced personnel changes in their Board of Management.
Tags: Daimler India Commercial Vehicles, Asia, Mitsubishi Fuso Truck and Bus Corporation
December 24, 2014 - Industry News
C.R. England appointed TJ McGeean as the Chief Financial Officer of the company, replacing current company president, Josh England who had been serving in a dual role as CFO since 2013.
Tags: C.R. England, People, Truckload, Promotions
Con-way Multimodal announced the appointment of Gregory L. Orr as president of the freight brokerage division of Menlo Logistics. He was previously the vice-president of operations of operations.
Tags: Promotion, People, Con-way Inc., Multimodal
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