Fleet Management

Fleets

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November 4, 2013 - Industry News

Man to Pay Restitution to Con-way Freight, Serve Time for Bomb Hoax

An Illinois man has been sentenced to federal prison and ordered to pay restitution in the to Con-way Freight after pleading guilty to sending threatening communications over the Internet.

Tags: Con-way Freight, Fleets, Crime, Con-Way

November 4, 2013 - Industry News

New York State Tightens Rules for Electronic Device Use by CDL Holders

New York has set forth more stringent prohibitions on the use of portable electronic devices for commercial driver’s license holders, including prohibiting their use when stopped in traffic

Tags: Drivers, New York, Texting, Cell Phones, Fleets, Safety & Compliance

November 4, 2013 - Industry News

Knight Transportation Steps Up Pursuit of USA Truck

Knight Transportation is keeping up its public campaign to buy rival truckload carrier USA Truck, despite being told the company is not interested in being purchased.

Tags: Fleets, USA Truck, Mergers & Acquisitions, Knight Transportation

November 3, 2013 - Industry News

ODFL Board Member John R. “Jack” Congdon, Sr., Dead at 80

John R. “Jack” Congdon, Sr., a longtime member of the board of directors at Old Dominion Freight Line, has died following a battle with cancer. He was 80 years old.

Tags: Old Dominion Freight Line, Fleets, People

November 1, 2013 - Industry News

TransForce Purchase Clarke, Ups Ownership in Vitran

TransForce has entered into a definitive agreement to acquire Clarke Transport and Clarke Road Transport, the two subsidiaries of Clarke Inc. Both are Canadian companies.

Tags: Fleets, Mergers & Acquisitions, TransForce, Vitran

October 31, 2013 - Industry News

Roadrunner Profit Increases 34% in Third Quarter

Asset-light transportation and logistics service provider, Roadrunner Transportation Systems, reports third quarter net income increased 34% over the prior year quarter to $13.2 million. Revenue for the period increased 30.1% to nearly $110 million from $83.1 million during the same time.

Tags: Fleets, Roadrunner Transportation, Earnings

October 30, 2013 - Industry News

Teamsters Accept Contract with ABF

The ABF National Master Freight Agreement will be implemented in the next few days. Photo: Evan Lockridge

UPDATED--The Teamsters ABF Master Negotiating Committee voted Wednesday that in light of the overwhelming vote against authorizing a strike against ABF Freight, the company's last proposal for the Central Region Local Cartage Agreement would be accepted. As a result, the ABF National Master Freight Agreement is now fully ratified.

Tags: Drivers, Fleets, Teamsters, ABF

October 30, 2013 - Industry News

Con-way Boosts Third Quarter Profit to More Than $30 Million

The parent to trucking operations Con-way Freight, Con-way Truckload and Menlo Worldwide Logistics, Con-way Inc. has reported 2013 third-quarter net income of $30.6 million, compared to third-quarter 2012 net income of $25.3 million.

Tags: Fleets, Earnings, Con-Way

October 30, 2013 - Industry News

Spot Market Rates and Freight Weaken

Credit: DAT

New figures from the freight matching service provider, DAT, show spot market load availability fell 5.7% Oct. 20 through 26, compared to the previous seven days.

Tags: Fleets, Owner-Operators, Spot Freight, DAT Transcore

October 30, 2013 - Industry News

Saia Third Quarter Profit Jumps 34%

Photo: Evan Lockridge

Multi-regional, less-than-truckload carrier Saia has reported third-quarter revenue of $293 million, an increase of 5.4% from the same time in 2012.

Tags: Fleets, financials, Saia

October 30, 2013 - Industry News

Teamsters Reject Strike Authorization at ABF

Photo: Evan Lockridge

In a vote of 70% to 30%, a majority of Teamsters Union membership covered by the Central Region Local Cartage Supplement has chosen not to authorize a strike at less-than-truckload carrier ABF Freight.

Tags: Drivers, Fleets, Teamsters, ABF

October 28, 2013 - Industry News

Celadon Profit Drops Despite Additional Revenue

Long-haul truckload service provider, Celadon Group reports revenue for the third quarter of this year increased 14.2% to $175.1 million from $153.3 million during the same time in 2012 while net income decreased 20.5% to $6.6 million from $8.3 million during the same time

Tags: Fleets, Celadon, Earnings

October 28, 2013 - Industry News

Roehl Transport Purchases Brock Cold Storage and Trucking

The Wisconsin-based Roehl will operate the cold storage business as Roehl Cold Storage, and the trucking operation will become a part of Roehl Transport.

Tags: Fleets, Mergers & Acquisitions, Roehl Transport

October 28, 2013 - Industry News

Echo Global Logistics, Universal Truckload and Pacer International Report Mixed Results

Echo Global Logistics has reported record total revenue of $234.8 million for the third quarter of the year, up 21.8% from a year ago while net income increased 15% to $4.4 million.

Tags: Fleets, Earnings, Universal Truckload, Pacer International, Echo Global Logistics

October 28, 2013 - Industry News

P.A.M. Transportation Income Nearly Triples in Third Quarter

Dry van truckload operation, P.A.M. Transportation Service has reported net income of $2.4 million for the third quarter of the year and net income of $4.6 million the first nine-months of the year

Tags: Earnings, P.A.M. Transportation, Fleets

October 24, 2013 - Industry News

Schneider: New HOS Rules Hurt Productivity

Since the new hour of service rules implementation on July 1, the fleet Schneider National says it has seen a 3.1% drop in productivity on solo shipments and a 4.3% decline on team shipments.

Tags: FMCSA, Drivers, Hours of Service, Fleets, Schneider National

October 24, 2013 - Industry News

Trucking Company Owners Sentenced for Violating FMCSA OOS Order

The owners of an Alabama trucking company have been sentenced for their roles in running a “chameleon carrier.”

Tags: FMCSA, Fleets, Safety and Compliance, Litigation

October 23, 2013 - Industry News

PTA Holdings Moves Into Intermodal Rail, Newgistics Rebranded and Expanding

The transportation holding group PTA Holdings, Phoenix, Ariz. has announced it is entering the intermodal transportation rail segment with American Trainco Logistics, initially centered in the Chicago area.

Tags: Intermodal, Fleets, Mergers & Acquisitions

October 23, 2013 - Industry News

Knight Transportation Third Quarter Profit Slips

Knight says inflationary cost pressures exceeded the improvement in its revenue per total mile. (Photo by Deborah Lockridge)

Truckload carrier Knight Transportation has reported slightly higher third quarter revenue while income is lower from the same time a year earlier.

Tags: Fleets, Earnings, USA Truck, Knight Transportation, Fleet Financials

October 22, 2013 - Industry News

Economic Watch: Unemployment Dips Overall and for Trucking

The nation’s unemployment rate continues moving lower inch-by-inch, hitting a five-year low, according to the U.S. Labor Department. It fell to 7.2% in September compared to 7.3% in August.

Tags: Drivers, Economy, Fleets, Unemployment

October 22, 2013 - Industry News

Phil Byrd Elected 69th Chairman of American Trucking Associations

Phil Byrd, president of Bulldog Hiway Express, Charleston, S.C., is ATA's new chairman.

The board of directors of American Trucking Associations has elected Phil Byrd, president of Bulldog Hiway Express, Charleston, S.C., as the federation’s 69th chairman. It happened Tuesday in Orlando, Fla. during the ATA’s Management Conference and Exhibition.

Tags: ATA, ATA2013, Leadership, Fleets

October 21, 2013 - Industry News

Tidewater Transit and MCO Transport Named 2013 Volvo Trucks Safety Award Winners

Tidewater Transit Co. of Kinston, N.C., won the Volvo Trucks Safety Award in the over 20 million miles category

Volvo Trucks once again honored two of its safest customers with the 2013 Volvo Trucks Safety Award during the American Trucking Associations Management Conference & Exhibition. Each fleet was presented $25,000 to be used toward safety-related activities.

Tags: Safety, Volvo Trucks, Fleets, ATA2013

October 18, 2013 - Industry News

Werner Profit Falls 15% During the Third Quarter

Photo: Evan Lockridge

Nebraska-based truckload fleet Werner Enterprises reported a drop in its third quarter profit amid just a slight increase in business, noting that hours of service rules changes that took effect in July negatively impacted miles per truck by 2% to 3%.

Tags: Werner Enterprises, Fleets, Earnings

October 18, 2013 - Industry News

Covenant Transportation Income Doubles

The parent company of the carrier Covenant Transport and others, Covenant Transportation Group, has announced third quarter net income of $2 million compared with $1 million the same time a year ago. Company officials cited a higher unseated truck percentage and new hours of service regulations as factors.

Tags: Fleets, Fleet Financials, Earnings, Covenant Transport

October 18, 2013 - Industry News

Former Con-Way Executive Named to Covenant Transport Board

Former Con-Way executive Herbert “Herb” Schmidt has been elected to Covenant Transportation Group’s board of directors. Schmidt, age 57, served as the executive vice president of Con-Way Inc. and president of Con-way Truckload from 2007 to 2012.

Tags: Covenant Transport, Fleets, Con-way Inc.

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