January 7, 2015 - Industry News
Activity and rates on the spot freight market picked up slightly as 2014 ended and the New Year began, according to the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
January 6, 2015 - Industry News
Truck orders remained strong in December with net Class 8 orders at 43,620 units, the third consecutive month above 40,000, according to the latest data from FTR.
Tags: Class 8, Fleets, Truck Orders, FTR
A shortage of experienced drivers means carriers are hesitant to increase capacity, despite rising carrier costs and rates, according to the quarterly Transport Capital Partners Survey. Expect increases in driver wages this year as a result.
Tags: Survey, Driver Shortage, Transport Capital Partners, Driver Pay
The National Association of Truck Stop Owners is giving Sapp Bros. Travel Centers Founder William Sapp the Hall of Fame award at this year’s NATSO Show in Las Vegas.
Tags: Hall of Fame, Awards, Truckstops, People, NATSO
A federal mediator is stepping in to try and resolve months of stalled talks between West Coast longshoremen and port terminal operators and shipping companies.
Tags: Ports, Port Trucking, California
A coalition representing an array of industry sectors and businesses filed suit in the U.S. District Court on Monday to stop the National Labor Relations Board from moving forward with plans to speed up the time for union representation elections by workers and labor unions.
Tags: Litigation, NLRB, Labor Unions
The Port of Virginia is delaying the implementation of the motor carriers’ appointment system at Norfolk International Terminals until this spring.
Tags: Virginia, Ports, Port Trucking
Economic growth in the U.S. non-manufacturing and factory sectors slowed in December, according to two separate reports released Tuesday, possible signs the overall economy lost some steam in the final quarter of last year.
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
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