February 6, 2015 - Industry News
Echo Global Logistics Makes Purchase, Increases Profit Almost 70%
Tags: 3PL, Fleets, Mergers & Acquisitions, Echo Global Logistics
Law enforcement officers ticketed non commercial drivers ten times more often than truckers during Operation Safe Driver mobilization week from Oct. 19-25.
Tags: FMCSA, Traffic Violations, Vehicle Inspection, Driver Behavior, CVSA, Speeding
According to the U.S. Labor Department, 257,000 jobs were added last month, while total jobs gains in December were revised upward to 329,000 from 252,000.
Tags: Economy, Unemployment, Employment
February 5, 2015 - Industry News
The parent to several trucking companies, including YRC Freight, released earnings Thursday showing an improvement in the fourth quarter, but the company was still in the red for all of last year.
Tags: Fleets, Earnings, YRC Worldwide
The Teamsters Union on Thursday withdrew its petition for a representation election of truck drivers just hours before it was to happen at Con-Way Freight’s Orlando, Florida terminal.
Tags: Con-way Freight, Truck Drivers, Teamsters, Con-way Inc., Labor Unions
The Virginia Tech Transportation Institute is heading the Federal Motor Carrier Administration’s study of the 34-hour restart provision of the Hours of Service rule for truck drivers.
Tags: FMCSA, Driver Safety, Virginia Tech Transportation Institute, HOS, 34-Hour Restart
Two more people have pleaded guilty to charges in a widespread fraudulent Commercial Driver's License test-taking scheme in New York State, following a joint federal and state investigation.
Tags: Office of Inspector General, Crime & Fraud, Crime
The U.S. and Canada have reportedly worked out a deal to clear the last hurdle so work can begin on building a new bridge connecting Detroit and Windsor, Ontario.
Tags: Canada, Cross-Border Trucking, Michigan
The one-time head of the defunct Arrow Trucking has pleaded guilty to charges of tax fraud and faces many years in prison.
Tags: Arrow Trucking, Oklahoma, Crime & Fraud, Fleets, People
The less-than-truckload carrier Old Dominion Freight line has reported net income for the final quarter of 2014 rose 48.2% to $69.9 million from $47.2 million a year earlier.
Tags: Old Dominion Freight Line, Fleets, Earnings
Forward Air Corp. has announced its Forward Air Inc. business has reached an agreement to purchase the trucking services provider CLP Towne Inc.
Tags: Fleets, Mergers & Acquisitions, Forward Air
The Association of American Railroads reports for the first month of 2015 the number of intermodal containers and trailers moved by U.S. railroads averaged 251,267 units per week, the highest weekly average for January in rail industry history.
February 4, 2015 - Industry News
Michigan-based trucking and logistics provider Con-way Inc. on Wednesday reported its fourth quarter 2014 profit was more than twice what it was a year earlier.
Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.
The asset-light freight transportation and logistics provider Roadrunner Transportation Systems Inc. reported a 10.4% increase in its fourth quarter 2014 net income compared to the same time a year earlier.
The editors of Heavy Duty Trucking have announced the 2015 HDT Truck Fleet Innovators, four fleet executives being recognized for their leadership and forward thinking.
Tags: Information Technology, Natural Gas Vehicles, Tankers, HDT Truck Fleet Innovators, Driver Retention, Lightweighting, Vocational Trucks
A. Duie Pyle opened a logistics center featuring all of the company's services under one roof. It is located in Westampton, N.J., 25 miles to the northeast of Philadelphia.
Tags: LTL, Logistics, Truckload, A. Duie Pyle
Ford is adding 1,550 jobs to four production facilities to meet the growing demand for the 2015 F-150 pickup, Ford has announced.
Tags: Ford F-150, Full-Size Pickups, Assembly Plant, Ford, Vehicle Production
The third party logistics provider C.H. Robinson Worldwide Inc. reported on Tuesday a 21.5% increase in net income for the final quarter of last year while it improved 8.1% for all of 2014.
Tags: 3PL, Fleets, Earnings, C.H. Robinson
February 4, 2015 - Product News
Aljex Software is partnering with Logistical Labs to integrate Aljex’s operations software with the Logistical Labs LoadDex platform.
Tags: 3PL, Freight, Aljex Software, Freight Rates
Net income was $19.1 million, or 27 cents per diluted share on net sales of $527 million, a quarterly record for the third consecutive quarter...
Tags: Trailers, Earnings, Wabash National
Private sector employment increased by 213,000 jobs in the U.S. in January from December, according to the ADP National Employment Report released on Wednesday,
The less-than-truckload services provider Saia Inc. has purchased LinkEx Inc. an asset-light, third-party logistics provider based in Dallas, Texas.
Tags: 3PL, Fleets, Mergers & Acquisitions, Saia
Spot market freight rates and activity remained stuck in a seasonal lull during the final week of January, according to the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
The parent company to trucking operations ABF Freight, Panther Premium Logistics and others reported profit increased 41% in the final quarter of 2014 while it nearly tripled for all of last year.
Tags: Fleets, Earnings, ABF, ArcBest Corp.
February 3, 2015 - Industry News
A “Budget Highlights” document issued by the U.S. Department of Transportation details how the $478 billion apportioned for spending on surface-transportation infrastructure over the next six years would be put to work.
Tags: Budget, Highway Funding, U.S. Congress, President Obama
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