Fleet Management

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October 27, 2016 - Industry News

XPO Logistics Sells Truckload Operations to TransForce

Photo: XPO

XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada's growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash.

Tags: Con-way Truckload, Mergers & Acquisitions, TransForce, XPO Logistics

October 27, 2016 - Industry News

Earnings Watch: YRC, Universal Truckload Post Smaller Profits

Earnings for the parent of the mainly less-than-truckload carrier YRC Freight and others turned in a smaller third quarter numbers late Thursday, while one logistics operator also reported its profit is down from a year ago.

Tags: Economy, YRC Worldwide, YRC Freight, Fleet Earnings, Universal Logistics Holdings

October 27, 2016 - Industry News

Sunteck and TTS Merger Forms $1 Billion Multimodal Company

Third-party transportation and logistics providers Sunteck Transport Group and TTS Holdings have merged to create a single $1 billion dollar company.

Tags: 3PL, Mergers & Acquisitions, Multimodal

October 27, 2016 - Product News

Truckstop.com Offers Load Tracking via New Mobile App

Truckstop.com has released its integrated Load Tracking solution with the company’s freight-matching marketplace and a new mobile app for carriers called Truckstop Mobile.

Tags: Freight, Load Board, Asset Tracking, Truckstop.com

October 27, 2016 - Product News

Netradyne Adds New Detection Features to Driveri Platform

Photo: Netradyne

Netradyne added three new artificial intelligence deep-learning features to its Driveri platform, including Traffic Light Detection, Relative Speed Determination and Pedestrian Identification.

Tags: In-Vehicle Video, Netradyne, Backup Cameras

October 27, 2016 - Industry News

Cross-Border Freight Value Posts First Hike in More Than a Year

U.S.-NAFTA freight value percent change from previous year over the last 24 months. Graphic: U.S. DOT

The total value of U.S. freight moved between Canada and Mexico during August posted its first year-over-year increase since December 2014, according to new Transportation Department figures.

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

October 27, 2016 - Industry News

Earnings Watch: UPS, ODFL Rise; Knight, P.A.M., Hub, Echo Fall

At a time when many trucking companies are reporting lower third quarter profits, two report slight gains – but they remain the exception rather than the rule.

Tags: Economy, UPS, Old Dominion Freight Line, Knight Transportation, UPS Freight, Echo Global Logistics, Hub Group, PAM Transport, Fleet Earnings

October 27, 2016 - Product News

Paragon Updates Routing and Scheduling Software

Photo: Paragon Software Systems

Paragon Software launched the latest version of its advanced transport solution, with a number of improvements to the Planning and Paragon Live modules.

Tags: Tracking, Routing, Paragon Software Systems

October 27, 2016 - Industry News

Economic Watch: Durable Goods Mixed, New Home Sales Best in 9 Years

Shipments and new orders for long-lasting manufactured durable goods were varied in September. While home sales continue growing, one key economic indicator fell.

Tags: Economy, Durable Goods, Manufacturing, Home Sales

October 26, 2016 - Industry News

Tighter Capacity Fuels Improved Trucking Conditions

Source: FTR

The FTR Trucking Conditions Index saw an increase in August fueled by tighter capacity brought about by looming regulations.

Tags: Utilization, Freight, FTR, Trucking Conditions Index, Capacity

October 26, 2016 - Industry News

Used Class 8 Truck Sales Plunge 11%

Used Class 8 same-dealer truck sales fell in September, reversing a growth trend that started in February, according to ACT Research.

Tags: ACT Research, Used Trucks, Used Truck Sales

October 26, 2016 - Industry News

Earnings Watch: Saia Earnings Up, C.H. Robinson Down

As more trucking companies report third quarter earnings, most are showing profits are down from the same time a year ago – but there are a few exceptions.

Tags: Economy, Saia, C.H. Robinson, Fleet Earnings

October 25, 2016 - Industry News

Budweiser Delivers First Shipment Using Autonomous Truck

The driver monitored the 120-mile trip on I-25 from the sleeper. Photo courtesy Otto.

Otto and Budweiser announced Tuesday that they have reached a major milestone on the road to autonomous trucking with the completion of the world’s first shipment using a self-driving truck.

Tags: Autonomous Vehicles, Otto

October 25, 2016 - Industry News

Earnings Watch: Swift Profit Up 4.7%, Paccar Down Nearly 20%

At a time when many trucking companies are reporting lower third quarter earnings, Swift Transportation bucked the trend, but truck and engine maker Paccar saw its earnings fall.

Tags: Kenworth, PACCAR, Peterbilt, Earnings, Paccar Financial, Swift Transportation, DAF, Fleet Earnings

October 24, 2016 - Industry News

HDT Emerging Leaders Nominations Extended Through Friday

The deadline has been extended for the HDT Emerging Leaders honor. We're looking for young trucking industry leaders who are making a difference.

Tags: Leadership, Awards, Heavy Duty Trucking magazine, People

October 24, 2016 - Industry News

Tighter Utilization Boosts Intermodal Competitive Index

FTR’s Intermodal Competitive Index rebounded in August to a reading of 2.16, easing some of the concerns of the previous month’s weak reading, according to FTR.

Tags: Intermodal, Freight, FTR

October 24, 2016 - Industry News

Economic Watch: Manufacturing, Leading Indicators Rebound

New preliminary numbers suggest U.S. manufacturers started the fourth quarter in a strong fashion, and other numbers point to an improving overall economy in the final three months of the year -- with manufacturing and housing, two key areas related to truck freight, helping lead the way.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators

October 21, 2016 - Industry News

FMCSA Warns Drivers About Defective Samsung Galaxy Note 7

Image via FMCSA

The FMCSA has issued a safety advisory to drivers and passengers of commercial vehicles, warning them of the risks and regulations associated with transporting damaged or defective lithium batteries and the recently recalled Samsung Galaxy Note 7 device.

Tags: FMCSA, Recalls, Hazardous Materials, Samsung

October 21, 2016 - Industry News

Two Charged with Impersonating Transportation Agencies

Two individuals have been charged for allegedly tricking small trucking companies into paying them for federal and state motor carrier registrations by impersonating government transportation agencies.

Tags: Vehicle Registration, FTC, U.S. DOT, Fraud, Crime

October 21, 2016 - Industry News

Lukewarm Class 8 Orders See Trivial Increase

Net Class 8 truck orders in September increased modestly from the previous month, possibly signaling that a historically weak season for orders was ending.

Tags: Class 8, ACT Research, Truck Orders

October 21, 2016 - Industry News

Earnings Watch: Volvo Profit Falls While Daimler Gains

Earnings for two of the world’s biggest truck makers varied greatly in the third quarter, according to figures released on Friday, and both had a dim view of upcoming sales in the North American market.

Tags: Volvo Trucks, Freightliner, Western Star, Mack Trucks, Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America, Volvo Trucks North America, Dana Incorporated

October 20, 2016 - Industry News

Earnings Watch: Heartland, Werner, Forward Air Profits Fall, Marten Stable

UPDATED -- The third quarter earnings season continued on Thursday with the release of reports showing more trucking companies had lower earnings compared to a year ago, with another held on.

Tags: Economy, Werner Enterprises, Heartland Express, Forward Air, Fleet Earnings, Marten Transport

October 20, 2016 - Product News

MacroPoint Freight Tracking Added to GlobalTranz TMS

MacroPoint’s load tracking solution has been fully integrated into the GlobalTranz proprietary transportation management system platform, allowing users to automate track and trace capabilities

Tags: Macropoint, TMS, Asset Tracking, Software Integration

October 20, 2016 - Industry News

Roadcheck 2016 Scores Record Low in Out of Service Violations

Photo via CVSA

For the second year in a row, out-of-service violations were issued at record-low levels by inspectors during the 2016 Commercial Vehicle Safety Alliance International Roadcheck.

Tags: Inspections, CVSA, Roadcheck, Out of Service Violations

October 20, 2016 - Industry News

Have Pickup Sales Peaked?

Photo of 2017 F-150 courtesy of Ford.

Ford's decision to idle production of its F-150 pickup this week has followed several months of slowing demand in retail and fleet channels and may point to a larger trend in pickup sales.

Tags: Ford, General Motors, Ram Truck, Large Pickups, Vehicle Production

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