Fleet Management

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December 17, 2014 - Industry News

FedEx Increases Quarterly Profit 23%

Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.

Tags: Fleets, Earnings, FedEx, FedEx Freight

December 15, 2014 - Industry News

ODFL Raising Rates Early Next Year

The less-than-truckload carrier Old Dominion Freight Line Inc. said Monday it will implement a general rate increase averaging 4.5%, effective January 5, 2015.

Tags: Old Dominion Freight Line, Fleets, Freight Rates

December 12, 2014 - Industry News

Florida Con-Way Freight Terminal Votes to Join Teamsters

File photo: Con-way

A group of 74 drivers and dockworkers at Con-way Freight in Miami Lakes, Fla., voted on Thursday to join Teamsters Local 769 in North Miami, Fla.

Tags: Florida, Drivers, Con-way Freight, Fleets, Teamsters, Labor Unions, FedEx Freight

December 11, 2014 - Industry News

Covenant Transportation Projects Larger Fourth Quarter Earnings

Trucking holding company Covenant Transportation Group has announced it expects to report fourth quarter earnings well above the level from a year earlier due to a big gain in revenue.

Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group

December 2, 2014 - Industry News

Ruan CEO Chapman Retiring, McLean Appointed to Position

Incoming Ruan CEO Ben McLean. Photo: Ruan

Ruan Transportation Management Systems CEO Steve Chapman is retiring from the company on Dec. 31 and will be replaced by current President and Chief Operating Officer Ben McLean.

Tags: Fleets, People, Ruan

December 2, 2014 - Industry News

USA Truck Hires Director of Engineering, Network Strategy

He will be responsible for refining and enhancing the Arkansas-based company’s route network as it continues with its growth strategy, according to a news release.

Tags: Fleets, People, USA Truck

December 1, 2014 - Industry News

C.H. Robinson Purchasing Freightquote.com for $365 Million

Photo: C.H. Robinson Worldwide Facebook page.

The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.

Tags: Intermodal, LTL, Truckload, C.H. Robinson, 3PL, Freightquote.com, Fleets, Mergers & Acquisitions, Brokers

December 1, 2014 - Industry News

TCA Expands Business Comparison Benchmarking Service

The Truckload Carriers Association is expanding its benchmarking services by providing multiple levels of subscription based on the needs of each company. The benchmarks allow companies to compare operations against peers and leading trucking companies.

Tags: Benchmarking, Fleets, TCA

December 1, 2014 - Industry News

Crete Carrier, Shaffer Trucking Increasing Driver Pay

The trucking companies Crete Carrier and Shaffer Trucking announced a pay increase for their company national over the road drivers starting the first of next year.

Tags: Drivers, Fleets, Driver Pay, Crete Carrier Corp., Shaffer Trucking

December 1, 2014 - Industry News

FedEx Freight Drivers Vote Down Teamsters in Louisville

Truck drivers at FedEx Freight’s Louisville, Kentucky, terminal last week voted against representation by the Teamsters Union.

Tags: Kentucky, Fleets, Teamsters, Labor Unions, FedEx, FedEx Freight

December 1, 2014 - Industry News

Canada's Mullen Group to Make Second-Biggest Acquisition Ever

Alberta-based trucking company Mullen Group Ltd. says it will pay $172 million cash to buy Winnipeg-based transport company Gardewine Group Limited Partnership.

Tags: Canada, LTL, Fleets, Mergers & Acquisitions, Oilfield

November 25, 2014 - Industry News

Rush Trucking Hires Interim CEO

Rush Trucking brought in Gregory Humes to be the company's interim CEO. Humes is a 30 year logistics and supply chain veteran who previously headed the creation of Driving for America, a logistics staffing school.

Tags: Leadership, People, Fleets

November 25, 2014 - Industry News

YRC Worldwide’s Holland Moving to New Headquarters

The regional less-than-truckload carrier Holland is relocating its headquarters to a larger facility due to growing business, according to parent YRC Worldwide Inc.

Tags: Fleets, YRC Worldwide, Holland

November 21, 2014 - Industry News

Southeastern Freight Lines Opens Arkansas Service Center

Photo via Southeastern Freight Lines.

Southeastern Freight Lines opened a new service center in Van Buren, Ark., near Fort Smith. The facility was opened in response to growing business in the area.

Tags: Arkansas, Southeastern Freight Lines, Service Center, Fleets, LTL

November 20, 2014 - Industry News

Teamsters Win Another FedEx Freight Vote, Cancels Other Elections

File photo by Evan Lockridge.

A group of 222 drivers at FedEx Freight's Charlotte, N.C., terminal have voted in favor of joining the Teamsters Union.

Tags: Drivers, Con-way Freight, Fleets, Teamsters, Labor Unions, FedEx, FedEx Freight

November 19, 2014 - Industry News

FedEx Delivers Trees for Troops

For the 10th year in a row, FedEx Corp. and the Christmas SPIRIT Foundation are making the holidays a little brighter for America’s service members and their families with the Trees for Troops program.

Tags: Charity, Fleets, FedEx

November 17, 2014 - Industry News

Covenant Expects Higher Earnings, Plans Stock Offering

The parent of trucking companies Covenant Transport and others said it expects big improvement when its fourth quarter earnings are released and plans a public stock offering.

Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group

November 14, 2014 - Industry News

UPS Outlines Financial Goals for 2015 and Beyond

The trucking, parcel and logistics service provider expects earnings per share to increase next year by 10% to 15% from 2014 to between $5.45 to $5.70.

Tags: UPS, Fleets, Earnings

November 13, 2014 - Industry News

Newark FedEx Freight Drivers Reject Teamsters

An effort by the Teamsters Union to organize drivers at the FedEx Freight terminal in Newark, New Jersey was rejected in a Wednesday vote.

Tags: Drivers, New Jersey, Fleets, Teamsters, Labor Unions, FedEx, FedEx Freight

November 12, 2014 - Industry News

Choice Logistics Names Its New COO

James Adams, Newly Appointed COO of Choice Logistics.

Choice Logistics has named Senior Vice President James Adams to the newly created company position of chief operating officer.

Tags: Fleets, People, Choice Logistics

November 11, 2014 - Industry News

ODFL Announces $200 Million Stock Buyback

Old Dominion Freight Line Inc. has approved a stock repurchase program authorizing the North Carolina-based trucking company to repurchase up to $200 million of its outstanding common stock.

Tags: Old Dominion Freight Line, Fleets

November 6, 2014 - Industry News

Quality Distribution Profit Moves Higher

Bulk and chemical logistics provider Quality Distribution Inc. has reported a 9.7% increase in revenue in the third quarter of the year compared to a year ago while earning increased by an even wider margin.

Tags: Fleets, Earnings, Quality Distribution, Quality Carriers, Boasso America

November 6, 2014 - Industry News

Kevin Knight Stepping Down as Knight Transportation CEO

Kevin Knight. Photo: Knight Transportation

Knight Transportation Inc. CEO Kevin Knight will step down from part of his role with the company on Jan. 1.

Tags: Fleets, People, Knight Transportation

November 5, 2014 - Industry News

FedEx Freight President, CEO Retiring Due to Health Concerns

FedEx Freight President and CEO William J. Logue.

William J. Logue has been in the role at the less-than truckload carrier since 2010.

Tags: Fleets, People, FedEx, FedEx Freight

November 4, 2014 - Industry News

Forward Air's FAF Raising Owner-Operator Compensation

Forward Air Corp’s. motor carrier subsidiary, FAF Inc., is raising owner-operator pay effective Jan 4. The contractual base rate will increase by 10 cents per mile for team less-than-truckload and truckload express service, while rates for solo truckload express drivers will increase by 6 cents per mile.

Tags: Fleets, Owner-Operators, Forward Air, Driver Pay

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