Fleet Management

Fleets

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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.

October 17, 2013 - Industry News

USA Truck Nearly Breaks Even in Third Quarter

The Arkansas-based fleet USA Truck has improved financial results for the third quarter and the first nine months of the year, with a 13.5% increase in revenue and a much smaller net loss than a year ago.

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

October 16, 2013 - Industry News

Heartland Express Profit Increases Nearly 28%

Photo: Evan Lockridge

Iowa-based trucking company Heartland Express has reported net income increased $3.4 million to $15.9 million in the third quarter of the year compared to $12.4 million in the 2012 period, a 27.6% increase.

Tags: Fleets, Earnings, Heartland Express

October 16, 2013 - Industry News

Marten Transport Posts Record Quartely Profit

Marten Transport has reported its best profit of any quarter in the company’s history. It improved 22.4% to $8 million, for the third quarter of this year, up from $6.5 million for the third quarter of 2012.

Tags: Fleets, Earnings, Marten Transport

October 15, 2013 - Industry News

Freightliner Execs Deliver 25,000th Big Orange Truck to Schneider National

Michael Darras, a 23-year Schneider driver who’s covered 3 million safe miles, was assigned to the specially decorated Freightliner Cascadia, painted in the carrier’s traditional high-visibility orange. His shirt’s green-and-gold colors appear to honor an even older Green Bay organization, the Packers of the National Football League.

Big orange trucks aren’t unusual in Green Bay, Wis., home of Schneider National Carriers. Even this one, loaded with the latest technologies and driver comfort features, wouldn’t be unique except that it’s the 25,000th Freightliner that Schneider has bought since 1998. So the builder’s executives went to Green Bay yesterday to mark its delivery.

Tags: Freightliner, Meritor Wabco, Schneider, Fleets

October 15, 2013 - Industry News

J.B. Hunt Posts Higher Third Quarter Profit

Credit: DangApricot via Wikimedia Commons

J. B. Hunt Transport Services has announced third quarter 2013 net earnings of $89.5 million, compared to third quarter 2012 net earnings of $78.2 million.

Tags: J.B. Hunt, Fleets, Earnings

October 11, 2013 - Industry News

USA Truck Sues Knight for Using Confidential Info in 'Creeping Hostile Acquisition'

USA Truck says Knight Transportion violated confidentiality agreements.

Truckload carrier USA Truck has filed a breach of contract lawsuit against Knight Transportation, claiming Knight used USA Truck's confidential information to begin what it calls a “creeping hostile acquisition” of the Arkansas-based fleet.

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

October 10, 2013 - Industry News

TMC Transportation Becomes Employee Owned

TMC Transportation, a private, family-owned company for 41 years announced that it will transition to an employee stock ownership plan, becoming an employee-owned company.

Tags: Leadership, TMC Transportation, Fleets

October 10, 2013 - Industry News

C.H. Robinson Strengthens Anti-Cargo Theft Strategy

C.H. Robinson Worldwide Inc. joined CargoNet to provide customers with a proactive approach to strengthening security around sensitive and high value product freight. CargoNet is a division of Verisk Crime Analytics, a Verisk Analytics company.

Tags: Fleets, CargoNet, C.H. Robinson

October 8, 2013 - Industry News

Former Driver Trainee Files Lawsuit Against Roehl Transport

A $5 million lawsuit has been filed against Roehl Transport over allegations that it payed student truck drivers less than the federal minimum wage.

Tags: Driver Training, Fleets, Roehl Transport

October 8, 2013 - Industry News

Ballots Sent to Some ABF Teamsters for Strike Vote

Photo: Evan Lockridge

Less-than-truckload carrier ABF has been notified by the Teamsters Union that ballots to authorize a strike are being mailed on Tuesday to nearly 1,800 employees covered by the Central Region Local Cartage supplement.

Tags: LTL, Fleets, Teamsters, ABF

October 4, 2013 - Industry News

Moving and Storage Company to Pay $450,000 to Settle Discrimination Lawsuit

Grand Junction, Colo.-based Mesa Systems has agreed to pay $450,000 and furnish other relief required by a court-ordered consent decree to settle a national origin discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission.

Tags: Fleets, Litigation, EEOC

October 1, 2013 - Industry News

Kenan Transport Sued for Pregnancy Discrimination and Retaliation

The U.S. Equal Employment Opportunity Commission has filed a lawsuit against an operation of the tanker-hauler Kenan Advantage Group, claiming it violated federal law by discriminating against a female employee because she was pregnant.

Tags: Fleets, Litigation, Equal Employment Opportunity Commission

October 1, 2013 - Industry News

FedEx Continues Expanding Canadian LTL Service

The less-than-truckload operation of FedEx continues growing with service in and out of Canada.

Tags: Cross-Border Trucking, Fleets, FedEx

September 30, 2013 - Industry News

Knight “Disappointed” Over USA Truck’s Rejection

Phoenix-based truckload carrier Knight Transportation, has responded to USA Truck’s recent rejection of its purchase offer, saying it's disappointed and announcing it's upped its ownership share of the company.

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

September 26, 2013 - Industry News

Con-way Freight Expands in Texas

Con-way Freight announced a major expansion for central Texas and surrounding communities with plans to build a new, 48-door, 18,870-square-foot freight service center in the city of Robinson.

Tags: Con-way Freight, LTL, Fleets, Con-way Truckload, Texas

September 26, 2013 - Industry News

USA Truck Rejects Offer from Knight Transportation

UPDATED -- Knight Transportation wants to buy USA Truck, but so far USA Truck hasn't been interested, so Phoenix-based Knight Thursday went public with its proposal to acquire all of the outstanding share of USA Truck.

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

September 23, 2013 - Industry News

Vitran Selling U.S. LTL Operation

Canadian-based Vitran Corporation has announced it has entered into an agreement to sell its U.S. less-than-truckload business.

Tags: Cross-Border Trucking, Fleets, Mergers & Acquisitions

September 23, 2013 - Industry News

Rogers Ousted as YRC Freight President

Photo: Evan Lockridge

The parent of several trucking operations, YRC Worldwide, has announced CEO James Welch has assumed the responsibilities as president of the company’s national less-than-truckload service provider YRC Freight. He succeeds Jeff Rogers, who left the company for undisclosed reasons.

Tags: YRC Worldwide, YRC Freight, Leadership, Fleets

September 19, 2013 - Industry News

Platinum Equity Completes Acquisition of Bridge Terminal Transport

Platinum Equity has completed the acquisition of substantially all the assets of Bridge Terminal Transport Inc. from Maersk Inc., a subsidiary of the A.P. Moller-Maersk Group. Financial terms of the transaction were not disclosed. The business will continue to operate under the Bridge Terminal Transport brand going forward.

Tags: Mergers & Acquisitions, Platinum Equity, Bridge Terminal Transport, Maersk, Fleets

September 19, 2013 - Industry News

Wheels Acquires Highway Brokerage, BBL Worldwide

Wheels Group, a North American non-asset third party logistics provider, has acquired BBL Worldwide, a non-asset 3PL company providing specialized cross border truck brokerage services.

Tags: Mergers & Acquisitions, BBL Worldwide, Fleets

September 19, 2013 - Industry News

Roadrunner Continues Expansion with Massachusetts Carrier Purchase

The asset-light and logistics service provider, Roadrunner Transportation Systems, Cudahy, Wisc., has acquired Yes Trans, a refrigerated truckload service provider based in Salisbury, Mass.

Tags: Fleets, Roadrunner Transportation, Owner-Operators, Mergers & Acquisitions

September 18, 2013 - Industry News

Bankruptcy Court Approves Sale of Vehicle Hauler Allied to Jack Cooper Transport

A U.S. Bankruptcy Court judge in Delaware has given vehicle hauler Allied Systems Holdings the go-ahead to sell most of its assets to a rival auto transporter for $135 million.

Tags: Drivers, Bankruptcy, Fleets, Teamsters

September 18, 2013 - Industry News

Bennett Motor Express Acquires Ace Doran Hauling & Rigging

Bennett Motor Express, McDonough, Ga has completed the purchase of Ace Doran Hauling & Rigging, a Cincinnati, Ohio-based company since 1913.

Tags: Fleets, Owner-Operators, Mergers & Acquisitions

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