March 5, 2014 - Industry News
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: Fleets, People, Earnings, YRC Worldwide, YRC Freight, Leadership
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: Fleets, Litigation, Fraud, Investigation
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.
Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions
The Connecticut-based operation reported total revenue skyrocketed to $702.3 million in 2013 from $278.6 million in 2012, but it losses jumped to $48.5 million from $20.3 million during the same time
Tags: Fleets, Earnings, XPO Logistics
February 21, 2014 - Industry News
The Idaho Supreme Court has overturned an earlier decision classifying trucking company owner-operators as employees.
Tags: Fleets, Owner-Operators, Litigation, Idaho, Independent Contractors
February 20, 2014 - Industry News
The Port of Virginia has announced the formation of the Motor Carrier Task Force to focus on issues at the state-controlled marine terminals that are affecting the ability of truck drivers to efficiently move cargo in and out of the terminals.
Tags: Drivers, Virginia, Fleets, Port Trucking
February 14, 2014 - Industry News
The parent to several trucking companies YRC Worldwide has announced it has closed on the financing of a new $700 million term loan and a $450 million asset-based loan.
Tags: YRC, Fleets, Teamsters, YRC Worldwide
Less-than-truckload carrier Averitt Express started offering this month climate-controlled services in self-contained, self-powered LTL shipping units. These units can be combined with dry cargo and other climate controlled units.
Tags: Fleets, Freight, Temperature Control, Averitt Express
February 13, 2014 - Industry News
Truckload linehaul rates paid in January increased 2.9% from the same time a year earlier, resulting in the largest year-over-year increase in linehaul rates since last February.
Tags: Fleets, Freight, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
February 12, 2014 - Industry News
UPDATED -- The Federal Motor Carrier Safety Administration has announced a proposed rule to establish a drug and alcohol clearinghouse for all national commercial driver’s license holders.
Tags: FMCSA, Drivers, Regulations, Drug Testing, Fleets, Safety and Compliance, Alcohol Testing
New research examining the safety impact of simulator training for truck drivers concludes it provides benefits for only up to a year.
Tags: Drivers, Driver Training, Recruiting, Fleets, Safety and Compliance
February 11, 2014 - Industry News
Trucking company Forward Air has reported financial results showing a small increase in net income and revenue for all of last year while profit during the final three months of 2013 was close to that from a year earlier.
Tags: Fleets, Earnings, Forward Air
Trucking and logistics provider USA Truck saw its fourth quarter losses widen compared to a year ago but reduced it 2013 compared to the year before.
Tags: Fleets, Earnings, USA Truck
February 10, 2014 - Industry News
Con-way Inc. has announced that Joseph M. Dagnese has been named president of Con-way Truckload, the company's full truckload subsidiary, succeeding Saul Gonzalez.
Tags: Fleets, People, Con-Way, Con-way Truckload, Leadership
A break the IRS gave to trucking over the filing of the heavy vehicle use tax more than two years ago is coming back to haunt some people.
Tags: IRS, Taxes, Fleets, Owner-Operators
February 6, 2014 - Industry News
Third party logistics provider and freight brokerage operation C. H. Robinson Worldwide says it plans to change its focus following its release of fourth quarter earnings.
Tags: 3PL, Intermodal, Fleets, Earnings, C.H. Robinson
Forward Air announced Thursday that it has compelted its planned acquisition of all of the stock of Central States Trucking and Central States Logistics from Central States Inc. following news that it was making the purchase last month for $95.6 million.
Tags: Fleets, Mergers & Acquisitions, Forward Air
Truckload carrier P.A.M. Transportation Services has reported fourth quarter 2013 net income of $1.29 million or earnings per share of 15 cents and 2013 net income of $5.91 million or earnings per share of 68 cents.
Tags: Fleets, Earnings, P.A.M. Transportation
Less-than-truckload carrier Old Dominion Freight Line has released numbers showing revenue for the fourth quarter of 2013 increased 11% to $592.5 million from $533.8 million for the fourth quarter of 2012.
Tags: Old Dominion Freight Line, Fleets, Earnings
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