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January 13, 2014 - Industry News

UPS Freight Teamsters Approve New Contract

Teamsters union members at the trucking operation, UPS Freight, have voted overwhelmingly to ratify a new national five-year master agreement that increases wages, significantly strengthens pension benefits and takes on the issue of subcontracting.

Tags: Drivers, Fleets, Teamsters, UPS Freight

January 9, 2014 - Industry News

Teamsters Vote Down YRC Contract Extension

Teamsters Union truck drivers and other workers at the parent of less-than-truckload carriers, YRC Worldwide, have rejected the company’s proposal that would have extended and modified the existing labor contract until 2019, putting the company in jeopardy of having to file for bankruptcy.

Tags: Fleets, Teamsters, YRC Worldwide

January 8, 2014 - Industry News

FMCSA to Hold Listening Sessions on New Entrant Carriers, MATS Date Added

The Federal Motor Carrier Safety Administration will hold a public listening session on Jan. 13 in Nashville, Tenn., to solicit ideas and information from interested parties on possible knowledge testing requirements for New Entrant passenger and property carriers, freight forwarders, and brokers.

Tags: FMCSA, U.S. DOT, MAP-21, Safety & Compliance, Fleets

January 7, 2014 - Industry News

YRC Worldwide Looking to Borrow More Than $1 Billion to Stay Afloat

The financially troubled parent of several trucking companies, including YRC Freight, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News.

Tags: Fleet Financing, Fleets, financials, Teamsters, YRC Worldwide

January 7, 2014 - Industry News

Teamsters Leaders Endorse New UPS Freight Contract

Teamster local union leaders representing UPS Freight workers across the country have endorsed a new tentative national agreement.

Tags: Drivers, UPS, Fleets, Teamsters, UPS Freight

January 6, 2014 - Industry News

New Prime Fined by OSHA for Retaliating Against Trucker

UPDATED -- An investigation by the U.S. Department of Labor's Occupational Safety and Health Administration found that New Prime retaliated against a truck driver by blacklisting him in the commercial transport industry after he sought medical attention for a work-related injury.

Tags: Drivers, OSHA, Department of Labor, Fleets, Prime Inc.

January 6, 2014 - Industry News

XPO Logistics Purchasing Intermodal Provider Pacer International

Trucking and related services provider, XPO Logistics, has entered into an agreement to acquire Pacer Internation, the third largest provider of intermodal transportation services in North America.

Tags: Drivers, Cross-Border Trucking, Intermodal, Fleets, Mergers & Acquisitions, XPO Logistics, Pacer International

January 2, 2014 - Industry News

CRST Purchases Short-Haul Fleet BESL Transfer

Photo: Evan Lockridge

Trucking company owner CRST International has announced the acquisition of privately-held BESL Transfer Company, based in Cincinnati, Ohio.

Tags: Fleets, Owner-Operators, Mergers & Acquisitions, CRST, Flatbed

January 2, 2014 - Industry News

Spot Market Rates Jumped As 2013 Drew to a Close

Rates on one of the nation’s largest spot freight markets increased in all three major categories, according to newly released figures.

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

December 26, 2013 - Industry News

Western-based Diamond Transportation Expanding Eastward

Diamond Transportation, based in Stockton, Calif., is expanding its services from the Western region of the country to serve to the Midwestern and Northeastern United States.

Tags: Fleets

December 23, 2013 - Industry News

FMCSA Administrator Anne Ferro Headline Speaker 2014 Mid-West Truck & Trailer Show

The 2014 Mid-West Truck & Trailer Show has been set for Jan. 31 & Feb 1, 2014 at the Peoria Civic Center in Peoria, Ill., located just off I-74 in downtown Peoria, Ill.

Tags: Drivers, Fleets, Owner-Operators

December 22, 2013 - Industry News

TransForce Ups Offer for Vitran

Trucking company TransForce has made a new offer to purchase rival Canadian carrier Vitran and it just may push Manitoulin Transport’s recent deal straight off the table.

Tags: Canada, Cross-Border Trucking, Fleets, TransForce, Vitran, Manitoulin

December 20, 2013 - Industry News

UPS Freight and UPS Parcel Teamsters to Vote Next Month

After rejecting an earlier contract, Teamsters Union members at less-than-truckload carrier UPS Freight are set to vote next month on a new labor agreement.

Tags: UPS, Fleets, Teamsters, UPS Freight

December 20, 2013 - Industry News

Swift Lowers Fourth Quarter Earnings Expectations

Trucking company Swift Transportation has announced it expects adjusted earnings per share to range between 33 and 36 cents per share for the fourth quarter of 2013, compared to its previous expectation of 40 cents per share.

Tags: Fleets, Earnings, Swift Transportation

December 20, 2013 - Industry News

Study: New HOS Rules Could Mean Higher Consumer Costs

New Federal Motor Carrier Safety Administration hours-of-service regulations for truckers could mean increased costs for consumers, according to a new study from the University of Tennessee’s Global Supply Chain Institute.

Tags: FMCSA, Drivers, Hours of Service, HOS, Fleets

December 19, 2013 - Industry News

Port Trucking Companies Say They’re Exempt From California Laws

Trucking companies accused by California of intentionally misclassifying truck drivers a independent contractors, rather than employee drivers, say there is nothing the state can do about it.

Tags: California, Fleets, Port Trucking, Owner Operators, Independent Contractors

December 18, 2013 - Industry News

Transport America Files for Initial Public Offering

Truckload and logistics services provider, Transport America, has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock.

Tags: IPO, Fleets, Transport America

December 18, 2013 - Industry News

FedEx Increases Fiscal Second Quarter Profit, Freight Segment Business Up

The FedEx Ground segment reported revenue of $2.85 billion, up 10% from last year and operating income of $424 million, up 3%. Photo: Evan Lockridge

Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.

Tags: Fleets, Earnings, FedEx, Fleet Financials, LTL

December 18, 2013 - Industry News

Teamsters Express Concern About Sysco's Purchase of US Foods

The Teamsters Union is saying Sysco's acquisition of US Foods announced last week raises serious concerns for workers, stakeholders and customers as the combined company becomes the country's largest institutional/restaurant food service provider and one of the nation’s largest private truck fleets.

Tags: Fleets, Teamsters, Mergers & Acquisitions, Private Fleets, Sysco, US Foods

December 17, 2013 - Industry News

Schneider Moving Forward with Intermodal Chassis Fleet

Schneider National is making a significant investment in its intermodal service with the creation of a company-owned and managed chassis fleet for railroad movements.

Tags: Intermodal, Fleets, Chassis, Schneider National

December 16, 2013 - Industry News

United Road Services Acquires Waggoners' Auto Transport Division

United Road Services and its owner, Charlesbank Capital Partners, have purchased the Auto Transport Division of Waggoners Trucking.

Tags: Drivers, Fleets, Mergers & Acquisitions, United Road Services, Waggoners Trucking

December 11, 2013 - Industry News

UPS Teamsters Inch Closer to Approving Contract

Teamster Union members at UPS parcel delivery business are moving closer bit-by-bit when it comes to approving a new contract.

Tags: UPS, Fleets, Teamsters, UPS Freight

December 11, 2013 - Industry News

Landstar Selling Supply Chain Business to XPO Logistics

Logistics and freight brokerage services provider XPO Logistics will buy the Michigan-based supply chain business of Florida-based Landstar System, including NLM, a provider of web-based expedited transportation management in North America, for $87 million.

Tags: Landstar, Fleets, Logistics, 3PL, Information Technology

December 10, 2013 - Industry News

Manitoulin Transport Purchasing Vitran

Photo: Evan Lockridge

Less-than-truckload carrier Vitran has announced it has entered into an agreement in which fellow LTL Canadian carrier Manitoulin Transport will acquire the company.

Tags: Canada, Cross-Border Trucking, Fleets, Mergers & Acquisitions, Vitran, Manitoulin

December 9, 2013 - Industry News

Sysco and US Foods Merging, Creates Nation’s Second Largest Private Fleet

Two of the nation’s largest distributors of food to commercial kitchens are merging creating one of the nation’s largest private truck fleets.

Tags: Drivers, Fleets, Private Fleets

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