October 20, 2014 - Industry News
Memphis serves as one of the company’s busiest freight hubs due to its proximity to Interstate 40, Interstate 55, three major rail heads, the largest American cargo airport and the nation’s second largest inland port.
Tags: LTL, Tennessee, Old Dominion Freight Line, Fleets
October 17, 2014 - Industry News
We are now accepting nominations for Heavy Duty Trucking’s 2015 Truck Fleet Innovators which honors the most innovative leaders in the industry.
Tags: Awards, Fleets, People, HDT Truck Fleet Innovators
Driver turnover in the truckload sector continues to get worse, according to recently released figures, while a study of hard-to-fill occupations emphasizes the growing driver shortage.
Tags: Drivers, Driver Turnover, Fleets, Driver Recruitment
October 16, 2014 - Industry News
The president and CEO of the trucking company ABF Freight System, Roy M. Slagle, retired on Wednesday following 37 years of service.
Tags: Fleets, People, ABF, ArcBest Corp., LTL
October 15, 2014 - Industry News
Colorado-based Graebel Companies on Wednesday announced it had reached an agreement to sell Graebel Van Lines Inc. and the U.S. moving and storage operations of Graebel Movers Inc. to a rival’s newly created company.
Tags: Fleets, Mergers & Acquisitions
Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.
Tags: Intermodal, Fleets, Earnings, Marten Transport
October 14, 2014 - Industry News
J.B. Hunt Transport Services announced third quarter 2014 net earnings of $102.4 million, or diluted earnings per share of 87 cents compared to third quarter 2013 net earnings of $89.5 million, or 75 cents per diluted share.
Tags: J.B. Hunt, Fleets, Intermodal, Earnings
October 13, 2014 - Industry News
Drivers working out of FedEx Freight’s Cinnaminson, New Jersey, facility have rejected an organizing attempt by the Teamsters Union.
Tags: Drivers, New Jersey, Pennsylvania, Fleets, Labor Unions, FedEx Freight, Teamsters
October 1, 2014 - Industry News
Truckload carrier Knight Transportation has acquired all of the outstanding stock of Barr-Nunn Transportation and certain affiliates effectively buying the company.
Tags: Fleets, Knight Transportation, Truckload, Acquisition, Dry Van
September 30, 2014 - Industry News
Two Canadian trucking operations, Mullen Group and Kriska Holdings, have signed a letter of intent to create Kriska Transportation Group Limited, a freight transportation and logistics company based in Ontario that is already being described as a "powerhouse."
Tags: Canada, Fleets
September 29, 2014 - Industry News
Old Dominion Freight line added drayage facilities in Dallas and Nashville, which it says are strategically positioned near major railheads to accommodate growing demands domestically and globally.
Tags: Trailers, Old Dominion Freight Line, Railroads, LTL, Fleets, Texas, Tennessee
Swift Transportation has affirmed earlier expectations for a third-quarter performance of 33 cents to 37 cents adjusted earnings per share, saying its driver wage increase is having desired results.
Tags: Fleets, Earnings, Swift Transportation, Driver Pay, Fleet Utilization
September 25, 2014 - Industry News
Travis E. Honaker received a sentence from a federal judge in Missouri of three years and one month in federal prison without parole and was ordered to pay $945,200 in restitution earlier this month.
Tags: Missouri, Crime & Fraud, Fleets, Prime Inc.
September 24, 2014 - Industry News
The ATA announced the panels and speakers for the 2014 Management Conference and Exhibition in San Diego, Calif. on Oct. 4-7.
Tags: Conference, ATA, Fleets
Operating costs for trucking companies are on the rise again after falling slightly in 2012, according to a new study by ATRI, lead by significant increases in equipment and labor costs.
Tags: Operating Costs, American Transportation Research Institute, ATRI, Fleets, Driver Pay
The former comptroller for a Missouri carrier has been sentenced after being convicted for stealing $4.9 million from his employer.
Tags: FBI, Theft, Missouri, Crime & Fraud, Fleets, Fraud, Crime
September 23, 2014 - Industry News
Michael K. Borrows is the new CFO of USA Truck, replacing Clifton R. Beckham, who previously announced his resignation as executive vice president and chief financial officer.
Tags: Fleets, People, USA Truck, Quality Distribution
September 18, 2014 - Industry News
The American Transportation Research Institute has added a compendium of sustainable freight practices on its website.
Tags: Sustainability, ATRI, Fleets, Aerodynamics
September 17, 2014 - Industry News
YRC Freight CEO James Welch said while business in the first half of the year kept pace with its forecast, improvements are taking longer than originally anticipated at the national less-than-truckload carrier.
Tags: Fleets, Earnings, YRC Worldwide, LTL
Quality said it completed testing of the service with its western rail partner earlier in the current quarter and has begun initial shipments with some of its largest customers.
Tags: Drivers, Driver Shortage, Intermodal, Fleets, Quality Distribution, Quality Carriers
September 15, 2014 - Industry News
The 55-49 decision makes this the first time employees at what is one of the nation’s largest less-than-truckload carriers have voted to be represented by the union.
Tags: Drivers, Con-way Freight, Fleets, Teamsters, Labor Unions
In its inaugural trucking industry benchmarking survey, Katz, Sapper & Miller and McLeod Software released key findings about large, medium and small truckload carriers.
Tags: Operating Costs, Survey, Fleets, McLeod Software, Small Fleets, KSM, Large Fleets
PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.
Tags: Fleets, XPO Logistics
The parent company to trucking operations including Covenant Transport and others has issued expectations for its upcoming third quarter financial results.
Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group
September 10, 2014 - Industry News
NFI announced that it has broken ground on a new build-to-suit distribution center in New Jersey for retailer Five Below.
Tags: NFI, Construction, Distribution Centers, Fleets
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