September 17, 2013 - Industry News
The U.S. Attorney’s Office for the Southern District of Texas has announced two convictions resulting from a plan to defraud a lender out of millions of dollars.
Tags: GE Capital, Fleets, Fraud
September 16, 2013 - Industry News
At an auction that concluded on Thursday, auto transporter Allied System Holdings selected fellow auto hauler Jack Cooper Transport as the entity with the best and highest bid.
Tags: Drivers, Bankruptcy, Fleets, Teamsters
September 12, 2013 - Industry News
Wisconsin-based Roadrunner Transportation Systems, has acquired G.W. Palmer Logistics, a non-asset truckload service provider based in Batesville, Arkansas.
Tags: Wisconsin, Arkansas, Fleets, Roadrunner Transportation, Mergers & Acquisitions
September 11, 2013 - Industry News
The Oregon Department of Transportation recently began limiting the number of temporary passes/trip permits a motor carrier can purchase in a 12-month period – a move that one association representative calls “a money grab” that will affect small-business motor carriers located outside the state.
Tags: Drivers, Oregon, Fleets, Safety & Compliance, Owner-Operators
September 9, 2013 - Industry News
Balloting is set to begin soon for Teamsters Union members at UPS to revote on seven supplemental agreements that were turned back when a national master agreement was approved earlier this summer.
Tags: UPS, Fleets, Teamsters
The chief financial officer of a trucking company has received a sentence of two and half years in prison in relation to a $3.6 million check kiting scheme.
Tags: Ohio, Fleets, Fraud
UPDATED--New Jersey Republican Gov. Chris Christie has rejected legislation regarding the “misclassification” of some truck drivers in the state as independent contractors rather than employees..
Tags: Drivers, New Jersey, Fleets, Port Trucking, Owner-Operators, Ports, Intermodal
September 5, 2013 - Industry News
A new government report shows revenue in the trucking business increased 1.5% in the first six months of the year in the United States compared to the same time in 2012.
Tags: Economy, Fleets
September 4, 2013 - Industry News
Former trucking company executives Sergio Lagos, Aurelio “Jim” Aleman, and Oscar Barbosa were arrested following the return of a six-count federal indictment charging wire fraud and conspiracy to commit wire fraud.
Tags: Fleets, Fraud, GE Capital
The average marginal cost per mile in 2012 was $1.63, a slight decrease from the $1.71 found in 2011, according to the American Transportation Research Institute's latest update to An Analysis of the Operational Costs of Trucking.
Tags: ATRI, Costs per mile, Fleets
September 3, 2013 - Industry News
Trucking company C.R. England says it is responding to “a stagnant economy, increasing federal regulations and a tightening market for drivers” in making a decision to cut 81 non-driving positions from its workforce.
Tags: C.R. England, Fleets
August 29, 2013 - Industry News
Teamsters Union members at the trucking company ABF have approved five of the seven remaining supplements, while two did not pass.
Tags: Drivers, Fleets, Teamsters, ABF
August 28, 2013 - Industry News
Highly successful companies use distinct practices in building their workforces and offer more benefits to recruit and retain drivers when compared to all other trucking companies, according to new research in the 2013 Texas Trucking Industry Study.
Tags: Drivers, Texas, Recruiting, Fleets, Retention
August 22, 2013 - Industry News
Heavy Duty Trucking is looking for fleets that have made a commitment to sustainability, alternative fuels and greenhouse gas emissions for its November issue on Top Green Fleets.
Tags: Fleets, Alternative Fuels & Hybrids, Natural Gas, MPG, Emissions
August 21, 2013 - Industry News
A truck driver reported that he was distracted just before he ran into the car in front of him, pushing it off of the Chesapeake Bay Bridge into the water 27 feet below.
Tags: Accidents, Drivers, NTSB, Maryland, Fleets
More than nine years after a suit was first filed against the carrier Swift Transportation, over claims it cheated drivers out of compensation, it has been certified as a class action.
Tags: Drivers, Fleets, Litigation, Swift Transportation
Freight rates on one leading spot market have declined over the past week, but they remain stronger than usual for this time a year, especially in two sectors.
Tags: Fleets, Freight, Owner-Operators, Spot Freight, DAT Transcore
August 20, 2013 - Industry News
Four fleets were honored as “exceptional” innovators at PeopleNet’s annual Customer Appreciation Dinner during the company’s users conference Tuesday in San Antonio.
Tags: Information Technology, PeopleNet, Fleets
August 15, 2013 - Industry News
Asset-light and logistics provider, Roadrunner Transportation, has priced a public offering of 4.3 million shares of common stock, an increase over its previously announced public offering of 3.5 million shares, at a price of $27 per share to the public.
Tags: Fleets, Roadrunner Transportation
August 12, 2013 - Industry News
Two New York legislators are pushing a bill that would allow states to regulate port trucking in ways similar to the Port of Los Angeles program that was rejected by the Supreme Court.
Tags: Drivers, ATA, American Trucking Associations, Port of Los Angeles, Fleets, Ports, Owner-Operators, Port Trucking
August 8, 2013 - Industry News
The ocean cargo shipping line, Maersk, announced today that it has entered into an agreement to sell substantially all the assets of its subsidiary Bridge Terminal Transport, to an affiliate of Platinum Equity, a Los Angeles-based private equity firm.
Tags: Drivers, Fleets, Owner-Operators
August 5, 2013 - Industry News
EZE Trucking, which provides trucking and logistics for the infrastructure, energy and industrial markets, along with the private equity firm Atlantic Street Capital, have acquired Rig Runners, a heavy haul and over dimensional trucking company.
Tags: Fleets, Mergers & Acquisitions
July 25, 2013 - Industry News
The multi-service trucking provider Swift Transportation saw an increase in both earnings and revenue during the second quarter of the year. The Arizona-based operation posted a profit of $42.9 million compared to $33.7 million from the same time a year ago.
Tags: Fleet Financials, Earnings, Swift Transportation, Fleets
Asset-light trucking company Landstar System has reported a second quarter downturn in profit and business but expects a pickup in the current quarter.
Tags: Fleet Financials, Earnings, Landstar, Fleets
Less-than-truckload carrier Old Dominion Freight Line has reported a big boost in profit and business for the second quarter of the year as well as the first half of 2013.
Tags: Fleet Financials, Old Dominion Freight Line, Earnings, Fleets
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