Fleet Management

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May 12, 2015 - Industry News

Freight Shipments, Expenditures Increase in April from Month Before

Graphic: Cass Information Systems

North American freight shipment volume and payments were up for the third month in a row during April, according to the latest readings from the Cass Freight Index.

Tags: Economy, Cass Freight Index

May 11, 2015 - Industry News

Trucking Tops $700 Billion for First Time

Photo: Evan Lockridge

Trucking brought in over $700 billion, the highest revenue ever for the industry, according to an American Trucking Associations report.

Tags: ATA, Revenues, Industry Trends

May 11, 2015 - Industry News

Spot Freight Rates Generally Down In Past Month, Year

Spot market freight volume in April followed a typical seasonal pattern, declining 10% from March, while rates posted a more moderate drop

Tags: Spot Freight, Freight Rates, DAT Solutions

May 11, 2015 - Industry News

Trucking Conditions Index Subdued by Weak Manufacturing

Graph via FTR

The FTR Trucking Conditions Index fell slightly in March to a reading of 7.3, reflecting lessened demand for truck services and normalizing fuel costs.

Tags: Economy, FTR, Trucking Conditions Index, Manufacturing

May 8, 2015 - Industry News

What Do CIOs Want from Technology?

Trucking technology executives talked about strategies, gamification, analytics and more during the ALK Transportation Technology Summit.

Tags: Information Technology, ALK Transportation Technology Summit

May 8, 2015 - Industry News

OEM-Provided Telematics Platforms Could 'Disrupt' Industry

Matthew Pfaffenback, director of telematics, Daimler Trucks North America, speaks at the ALK Transportation Technology Summit. (Photo courtesy of Able Communications)

OEM powertrain integration will ultimately positively disrupt the telematics industry, according to Matthew Pfaffenback, director of telematics, Daimler Trucks North America, speaking at the ALK Transportation Technology Summit.

Tags: OEM, ALK Transportation Technology Summit, Telematics, Daimler Trucks North America, Diagnostics

May 8, 2015 - Industry News

Vehicle Logistics Companies Partner to Expedite Auto Transport

Photo: Adam Pringle

ShipCarsNow and Ready Auto Transport have joined forces to provide truck or rail transportation to vehicle shippers as a response to increasing volumes for remarketed and new cars.

Tags: ShipCarsNow, Cox Automotive, Ready Auto Transport, Vehicle Transportation, Railroads

May 8, 2015 - Industry News

Broker Pleads Guilty in Phony Cargo Insurance Scam

In an operation the FBI called "theft and greed on a large scale," a former insurance broker has pleaded guilty to bilking nearly 800 trucking companies out of $3.7 million for phony cargo insurance.

Tags: Insurance, Georgia, Crime & Fraud

May 8, 2015 - Industry News

Economic Watch: Unemployment Lowest in Almost 7 Years

Unemployment in the U.S. fell in April, hitting a near seven-year low following weak job additions in the first quarter of the year.

Tags: Economy, Unemployment, Employment

May 7, 2015 - Industry News

Quality Distribution to Sell for About $800 Million

The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.

Tags: Earnings, Quality Distribution, Mergers & Acquisitions, Quality Carriers, Boasso America

May 6, 2015 - Industry News

Paccar Offers Medium-Duty Leasing Program

Photo of Kenworth T270 medium-duty truck model courtesy of PACCAR.

Paccar Leasing Company (PacLease) will begin offering a medium-duty leasing program called the PacLease Value Spec, the truck maker has announced.

Tags: Medium-Duty Trucks, Kenworth T270, Peterbilt Model 330, Paccar, Truck Leasing, Class 6, Private Fleets

May 6, 2015 - Industry News

DOT to Audit FMCSA High-Risk Investigative Practices

Image: FMCSA

The Department of Transportation’s Office of Inspector General has announced it will audit the Federal Motor Carrier Safety Administration’s investigative practices for high-risk motor carriers.

Tags: FMCSA, DOT, Accidents

May 6, 2015 - Industry News

Spot Market Freight Rates Continue Slipping

Graphic: DAT

The number of available loads on the spot truckload market decreased 2.9% and capacity fell 1.8%, according to DAT Solutions, which operates the DAT network of load boards.

Tags: Spot Freight, Freight Rates, DAT Solutions

May 6, 2015 - Industry News

Perry: Economy Improving, But Volatile

Noel Perry speaks at the ALK Transportation Technology Summit. Photo: Jim Beach

The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.

Tags: Economy, ALK

May 6, 2015 - Industry News

First Quarter Intermodal Shipments Increase 2 Percent

Graphic: IANA

Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.

Tags: Economy, Intermodal, IANA

May 6, 2015 - Industry News

Transport America Getting New President in June

Incoming Transport American president Keith Klein. Photo: Transport America

The truckload and logistics services provider, Transport Corp. of America Inc., announced this week Scott Arves will be stepping down as president on June 1.

Tags: People, Transport America

May 5, 2015 - Industry News

Senate Bill Would Create Infrastructure Tax Credit

Photo: U.S. DOT

New bipartisan legislation introduced in the Senate could help bridge the highway funding gap by expanding the use of tax-exempt bonds and implementing a new tax credit to help state and local governments pay for infrastructure projects.

Tags: Highway Funding, U.S. Senate, Infrastructure Funding

May 5, 2015 - Industry News

Economic Watch: Service Sector Builds Momentum, Trade Deficit Up

Photo: Revisorweb via Wikimedia Commons

Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.

Tags: Economy, Non-Manufacturing

May 5, 2015 - Industry News

Supreme Court Upholds California Driver Break Rules

Ruling stems from class-action suit brought earlier by Penske Logistics drivers in California. Image: Penske

The U.S. Supreme Court has denied motions seeking to overturn a ruling that upheld a California statute requiring a paid 10-minute rest break every four hours and a paid 30-minute meal period every five hours for truck drivers.

Tags: Drivers, Regulations, Penske Logistics, Supreme Court

May 5, 2015 - Industry News

USA Truck Reports First 1st Quarter Profit in 8 Years

USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.

Tags: Earnings, USA Truck

May 4, 2015 - Industry News

XPO Logistics Halves Loss, Acquires Bridge Terminal Transport

Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.

Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Bridge Terminal Transport

May 4, 2015 - Industry News

Class 8 Truck Orders Drop 11% in April

Photo: Evan Lockridge

April Class 8 truck orders were down compared to March as well as to the previous year, according to preliminary data, but the drop was not unexpected.

Tags: Class 8, Truck Orders, FTR, ACT Research

May 4, 2015 - Industry News

Fleet Survey Predicts Improved Second Quarter

The CKCVR Buying Index Graph via CK Commercial Vehicle Research

A recent fleet survey predicts that both Class 8 and trailer orders will improve in the second quarter over the January-March time frame. The survey was conducted by CK Commercial Vehicle Research.

Tags: Class 8, CK Commercial Vehicle Research, Trailer Orders, Heavy-Duty Trucks

May 4, 2015 - Industry News

Proposed Rule Would Simplify Insulin Exemption for Drivers

Proposed rule would replace individual exemptions for insulin-treated drivers with annual medical certification. Image: FMCSA

The FMCSA has proposed that drivers with controlled insulin-treated diabetes mellitus be permitted to operate commercial motor vehicles without first obtaining an individual exemption.

Tags: FMCSA, Drivers, Medical Examiners

May 4, 2015 - Industry News

Economic Watch: Factory Orders Increases Most in 8 Months

Photo: Evan Lockridge

New orders and shipments of factory made goods turned around in March, according to a new Commerce Department Report released Monday.

Tags: Economy, Factory Orders, Factory Shipments

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