March 19, 2014 - Industry News
Revenue was $11.3 billion, up 3% from $11 billion the same time a year ago, while net income totaled $378 million, up 5% from last year’s $361 million or $1.23 per share compared to $1.13 per share.
Tags: Fleets, Earnings, FedEx
March 18, 2014 - Industry News
The Schneider logo has been refreshed and has a more contemporary design that accurately reflects the broad geographies it serves. The company’s previous logo had been in existence since 1985, which positioned the organization well at the time.
Tags: Schneider, Fleets
March 17, 2014 - Industry News
Con-way Freight has become the latest less-than-truckload carrier to announce it is increasing rates. It will institute a general rate hike, averaging 5.4%, applicable to non-contractual business, effective March 31.
Tags: Con-way Freight, Fleets, Freight Rates
Asset-light trucking company, Roadrunner Transportation Systems, has acquired all of the outstanding stock of Unitrans International, a non-asset based provider of international logistics solutions based in Los Angeles, Calif.
Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions
March 14, 2014 - Industry News
UPS Freight will implement a general rate increase effective March 31. The 4.4% increase applies to non-contractual less-than-truckload shipments rated on the current UPS Freight tariffs.
Tags: Fleets, UPS Freight, Freight Rates
The turnover rate at large truckload carriers fell six percentage points to 91% in the fourth quarter of 2013, but held above 90% for the eighth consecutive quarter, according to new figures released by the American Trucking Associations.
Tags: Drivers, American Trucking Associations, Driver Turnover, Fleets
Crete Carrier Corporation is increasing compensation for all national over the road truck drivers and owner operators at Crete Carrier, Shaffer Trucking and Hunt Transportation.
Tags: Drivers, Fleets, Crete Carrier Corp.
March 12, 2014 - Industry News
A more than $12 million jury verdict was recently handed down in a case involving the trucking company Frozen Food Express in a personal injury lawsuit.
Tags: Drivers, Fleets, Litigation, Frozen Food Express, FFE
March 11, 2014 - Industry News
The Illinois-based company says the change formally recognizes the growing importance of trucking operations as an integral part of Hub Group's expanding portfolio of transportation service offerings.
Tags: Intermodal, Fleets, Hub Group
Truckload carrier Schneider National has created 75 new jobs for professional truck drivers looking to transport some unique freight.
Tags: Drivers, Fleets, Schneider National
March 10, 2014 - Industry News
Old Dominion Freight Line on Monday reported an increase in its less-than-truckload tons per day for February of 11.7% compared with February 2013, following growth of 10.1% for January 2014 compared to the year before.
Tags: Old Dominion Freight Line, Fleets, Truck Tonnage, Tonnage
The online logistics provider uShip has announced a partnership with the online auction business eBay, when it comes to arranging larger-than-parcel shipments.
Tags: eBay, eBay Motors, uShip, Fleets, Logistics
The private equity investment firm Wind Point Partners has purchased a majority stake in Dicom Transportation Group, the Canadian parent to several trucking operations.
Tags: Canada, Cross-Border Trucking, Mexico, Fleets, Mergers & Acquisitions
A new law takes effect Tuesday in New York state that some describe as the most stringent of any state when it comes to truck drivers and other transportation workers who have been wrongly classified as independent contractors rather than employees.
Tags: Drivers, Fleets, Independent Contractors
March 6, 2014 - Industry News
Shareholders of the less-than-truckload carrier Vitran have approved an earlier announced sale to fellow Canadian trucking operation TransForce.
Tags: Fleets, Mergers & Acquisitions, TransForce, Vitran
March 5, 2014 - Industry News
New YRC Freight president Darren Hawkins is shaking up things with the less-than-truckload carrier by reorganizing its management.
Tags: Leadership, Fleets, People, YRC Worldwide, YRC Freight
Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.
Tags: Fleets, ABF, Freight Rates, FedEx
March 3, 2014 - Industry News
FedEx Freight will increase shipping rates by an average of 3.9%, effective March 31.
Tags: Fleets, Freight Rates, FedEx
A former comptroller for a Missouri trucking company pleaded guilty last week to stealing more than $4.9 million from his employer and could face up to 30 years in prison.
Tags: Theft, Fleets, Crime, Fraud
February 27, 2014 - Industry News
The parent to several trucking companies including YRC Freight managed to squeeze out a profit in the final quarter of last year, but still lost money for all of 2013.
Tags: Leadership, Fleets, People, Earnings, YRC Worldwide, YRC Freight
February 26, 2014 - Industry News
Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.
Tags: Fleets, Mergers & Acquisitions, Echo Global Logistics
Trial has been set for next year involving a household goods mover alleging hundreds of millions in fraud over shipments of military personnel belongings.
Tags: Investigation, Fleets, Litigation, Fraud
The parent company to chemical bulk hauler Quality Carriers and intermodal tank container carrier Boasso America reported a loss in the final quarter of 2013 following a profit a year earlier.
Tags: Fleets, Earnings, Quality Distribution
February 25, 2014 - Industry News
A little more than half a dozen lawsuits alleging fuel rebate fraud still pending against the truckstop chain Pilot Flying J may be consolidated as soon as next month.
Tags: Diesel Prices, Fleets, Pilot Flying J, Litigation, Truckstops, Fuel and Oil, Fraud
February 24, 2014 - Industry News
Asset-light trucking and logistics services providers Roadrunner Transportation System has announced it has acquired Rich Logistics, a provider of truckload and expedited services based in Little Rock, Ark.
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