Fleet Management

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June 29, 2016 - Industry News

Spot Truckload Freight Rates Stay in Place

Despite increased load-to-truck ratios, national average spot truckload rates were unchanged as overall market activity slowed during the week ending June 25, according to DAT Solutions and its network of load boards.

Tags: Spot Freight, Freight Rates, DAT Solutions

June 29, 2016 - Industry News

Economic Watch: Consumer Spending Fueling Better Overall Growth

One of the biggest drivers of the U.S. economy increased for the second straight month in May, adding to optimism that growth in the second quarter will be better than the slow first quarter pace.

Tags: Economy, Consumer Spending, Personal Income

June 28, 2016 - Industry News

America’s Highways Turn 60, Need Major Facelift

As the U.S. Interstate Highway system turns 60, it is in dire need of repairs and improvements – and that will require a substantial increase in funding for the long-term, says a new report.

Tags: Department of Transportation, Highway Funding, AASHTO, Interstate, Infrastructure Funding, Interstate System

June 28, 2016 - Industry News

Economic Watch: GDP Growth Improves Just Slightly

U.S. economic growth improved more than previous estimates, but not by much, according to Commerce Department figures released Tuesday. Stronger net exports and business investment offset an unexpected downward revision to consumer spending.

Tags: Economy, GDP

June 27, 2016 - Industry News

Panama Canal Opens Larger Locks; Impact on U.S. Logistics Unclear

The container vessel COSCO Shipping Panama made the inaugural transit of the expanded Panama Canal on Sunday, June 26, after a 14-day journey. It has a container carrying capacity of 9,472 TEUs. Photo: Panama Canal

After many delays, the larger locks of the Panama Canal opened this weekend, allowing larger ships carrying intermodal shipping containers coming from Asia to access East Coast and Southeast ports. While there has been much speculation that this could shift cargo traffic away from the busy West Coast ports, how exactly things will play out is yet to be seen.

Tags: Intermodal, Ports, Panama Canal

June 27, 2016 - Product News

McLeod's PowerBroker Integrates Truckstop.com Insurance Information

Truckstop.com and McLeod have announced the integration of a carrier monitoring interface with Truckstop.com’s OnBoarding and McLeod’s PowerBroker products.

Tags: McLeod Software, PowerBroker, Truckstop.com, Software Integration, Information Technology

June 24, 2016 - Industry News

FAA Releases Rule for Small Commercial Drones

The Federal Aviation Administration has finalized its first operational rules for the “routine commercial use” of small drones.

Tags: Commercial Drones, Drones, FAA

June 24, 2016 - Industry News

Trailers Orders Down 14% in May

Trailer orders fell nearly 14% month over month in May, coming close to earlier projections for a seasonal slowdown.

Tags: Economy, Trailers, ACT Research, Freight, Trailer Orders

June 24, 2016 - Industry News

Economic Watch: Business Investment Sinks as Durable Orders Decline

Orders and shipments of long-lasting durable goods fell in May, according to a preliminary Commerce Department report. One measure of business investment fell by the most in three months, but other reports show homes and consumers remain a cornerstone of the economy.

Tags: Economy, Durable Goods, Home Sales, Consumer Sentiment

June 23, 2016 - Industry News

Philly to Restrict Truck Access During Democratic Convention

Commercial vehicles weighing more than five tons will be prohibited from traveling on Interstate 95 in Philadelphia, Penn., for security purposes during the Democratic National Convention.

Tags: Department of Transportation, Philadelphia, Road Closure

June 23, 2016 - Industry News

FMCSA Garners Assist in Court Fight over ELD Rule

Image: U.S. Seventh District Court of Appeals

The courtroom battle over the validity of the electronic logging device mandate has heated up. An amicus brief filed by two safety advocacy groups backs up FMCSA's defense of its ELD rule against a lawsuit brought by OOIDA that contends the rulemaking is seriously flawed.

Tags: FMCSA, OOIDA, ELD, The Trucking Alliance

June 23, 2016 - Industry News

Verizon-Telogis Deal Creates Top Telematics Unit

Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.

Tags: Verizon, Telogis, LeasePlan, Mergers & Acquisitions

June 23, 2016 - Industry News

Trucking Only Mode to See Monthly Hike in NAFTA Freight

Percent change in value of U.S.-Mexico freight flows by mode: April 2015-April 2016. Graphic: U.S. DOT

Trucks carried more U.S. freight by value between North American Free Trade Agreement partners Canada and Mexico in April 2016 compared to the same time a year ago, but declines in all other freight modes led to a 3.2% drop in the total current dollar value of cross-border freight.

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

June 23, 2016 - Industry News

Economic Watch: Manufacturing Rebounding, Overall Growth Moderate

The nation’s manufacturing is continuing to show signs of renewed life following a downturn, while separate reports show overall moderate economic growth with existing home sales booming.

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

June 22, 2016 - Industry News

Spot Truckload Freight Rates Continue Seasonal Strength

Four-week spot freight market trends. Graphic: DAT

Seasonal increases in spot truckload freight rates are continuing, according to new figures posted by the freight matching service provider DAT Solutions.

Tags: Spot Freight, Freight Rates, DAT Solutions

June 22, 2016 - Industry News

Earnings Watch: Covenant Latest to Lower Second Quarter Outlook

Covenant Transportation Group Inc. has lowered expectations for its second quarter earnings report due to the current freight market as well as internal issues it’s facing.

Tags: Economy, Covenant Transport, Covenant Transportation Group, Fleet Earnings, Southern Refrigerated Transport

June 22, 2016 - Industry News

Verizon Acquires Telogis

Photo courtesy of Telogis.

Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.

Tags: Verizon, Telogis, Mergers & Acquisitions

June 21, 2016 - Industry News

Technology to Change Logistics Business, Says Report

U.S. business logistics costs rose at a slower rate last year as supply chain transparency continued to grow in importance, according to the the Council of Supply Chain Management Professionals’ Annual State of Logistics Report.

Tags: 3PL, Logistics, State of Logistics Report

June 21, 2016 - Industry News

Medium-Duty Orders May Be Slowing

2017 F-650 dump truck Photo: Ford

A decline in orders of Class 5-7 trucks in May points to "some moderate slowing" in a truck market that has shown strength since late 2013, according to ACT Research.

Tags: Medium-Duty Trucks, ACT Research, Truck Orders

June 21, 2016 - Industry News

Earnings Watch: FedEx Narrows Loss, Werner Lowers Expectations

FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.

Tags: Economy, Werner Enterprises, FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings

June 21, 2016 - Industry News

May Was A Good Month for Truck Tonnage

Source: ATA

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased in May following two consecutive months of decreases.

Tags: ATA, Freight, Truck Tonnage, Truck Tonnage Index

June 21, 2016 - Industry News

Truckload Linehaul, Intermodal Rates Still Dropping

Separate gauges of truckload line haul rates and intermodal rates both fell in May, according to newly released figures, following a Monday report showing freight levels are well below those of the last several years.

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

June 20, 2016 - Industry News

Slow Economy Reflected in Lower Freight Shipments, Spending

Although North American freight shipments continued to climb in May, they are still well below those of the last several years, and expenditures for freight fell for the third time in five months, according to the latest Cass Freight Index Report.

Tags: Economy, Freight Rates, Cass Freight Index, Freight Capacity

June 17, 2016 - Industry News

NY-NJ Ports Pushed to Reinstate Older-Truck Ban

Image: PANYNJ

Key New Jersey politicians along with activist groups, including the Teamsters union, on June 16 pushed for launching a more aggressive program to replace older trucks operating at the Port of New York and New Jersey to reduce the impact of air pollution on nearby residents, per a Journal of Commerce news story.

Tags: Port Authority of New York and New Jersey, Ports, Port Trucking, Diesel Emissions

June 16, 2016 - Industry News

DOT to Audit Truck Loading and Unloading Delays

Photo: U.S. Department of Transportation

The Department of Transportation’s Inspector General has initiated an audit of commercial motor vehicle loading and unloading delays in response to provisions of the Fixing America’s Surface Transportation (FAST) Act highway bill, which became law late last year.

Tags: DOT, FMCSA

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