Fleet Management

Fleets

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September 24, 2014 - Industry News

Driver Shortage Pushing Industry Costs Higher

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

September 24, 2014 - Industry News

Trucking Company Comptroller Sentenced in Multi-Million Dollar Theft

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

USA Truck Names New CFO, Appoints Quality Distribution CEO to Board

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

ATRI Adds Resource for Sustainable Freight Practices

Graphic via ATRI.

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

YRCW Improving, Expecting Better Profits

Photo: Evan Lockridge

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

September 17, 2014 - Industry News

Driver Shortage Leads Quality Carriers to Start Bulk Rail Intermodal Service

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

Laredo Con-Way Freight Truckers Vote to Join Teamsters

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

September 15, 2014 - Industry News

Survey Shows Large Carriers Have An Edge Over Smaller Carriers

Photo via International.

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

September 15, 2014 - Industry News

XPO Logistics Getting $700 Million for Acquisitions

PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.

Tags: Fleets, XPO Logistics

September 15, 2014 - Industry News

Covenant Transportation Group Projects Lower Third Quarter Net Income

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 Breaks Ground on Million-Square-Foot Facility

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

September 9, 2014 - Industry News

Manitoulin Buys Westcan’s LTL, Van Business

Manitoulin Transport has announced a deal to buy the less-than-truckload and van freight business of fellow Canada-based Westcan Freight Systems.

Tags: Canada, Fleets, Manitoulin

September 9, 2014 - Industry News

Hub Converting California O-Os to Company Drivers Following Lawsuits

Photo: Evan Lockridge

UPDATED -- Due to litigation and upcoming settlements, one trucking operation is abandoning its owner-operator business model in California.

Tags: Drivers, California, Intermodal, Fleets, Ports, Owner-Operators, Litigation, Hub Group

September 5, 2014 - Industry News

Cable Provider Orders 800 Ford Transit Vans

Low-roof, regular wheelbase 2015 Transit Photo: Ford.

Charter Communications has ordered more than 800 low-roof, regular-wheelbase 2015 Ford Transit vans for its technicians in 29 states, the automaker has announced.

Tags: Cargo Vans, Ford, Ford Transit, Full-Size Vans, Charter Communications, Fleets, Private Fleets

September 4, 2014 - Industry News

ASF Intermodal Hits 300 Truck Milestone

ASF president Michael Smith.

ASF Intermodal announced that it has exceeded 300 trucks on the road which it is calling a significant milestone in the intermodal drayage industry.

Tags: Intermodal, Fleets, ASF Intermodal

September 4, 2014 - Industry News

Two LTLs Report Tonnage Gains

The less-than-truckload carrier ABF Freight saw its August billed revenue per day increase by approximately 10% above last year's level, according to a disclosure it filed with the Securities and Exchange Commission.

Tags: Fleets, Freight, Tonnage, ABF, Saia

September 3, 2014 - Industry News

Central Freight Lines Expands LTL Service In Georgia

Central Freight lines has purchased the LTL assets of Georgia based company Drug Transport, Inc. expanding its business into the state.

Tags: Georgia, LTL, Central Freight Lines, Mergers & Acquisitions, Fleets

September 3, 2014 - Industry News

Quality Carriers Continues Expansion

Bulk chemical hauler Quality Carriers Inc. has expanded into the Charleston, South Carolina market in partnership with its sister company Boasso America Corporation.

Tags: Fleets, Quality Distribution, Quality Carriers, Boasso America

September 3, 2014 - Industry News

ODFL Raises Third Quarter Expectations

The North Carolina-based operation also affirmed its previously announced expectations for growth in its LTL revenue per hundredweight.

Tags: Old Dominion Freight Line, Fleets, Freight, Earnings

September 2, 2014 - Industry News

Celadon Invests in New Flatbed Business

Photo via Celadon.

Celadon Trucking Services has ordered tractors for its new flatbed fleet which it acquired earlier this summer.

Tags: Celadon Trucking Services, Flatbeds, Fleets, Owner-Operators, Indiana

August 27, 2014 - Industry News

Ruan Names New President, COO

Ruan Transportation Management Systems has announced changes to key leadership positions within the company.

Tags: Ruan, People, Fleets

August 27, 2014 - Industry News

CEVA Logistics Expanding San Diego Facility

Supply chain management company, CEVA Logistics, said Tuesday it will expand its presence in the San Diego market with a new freight management and logistics facility totaling 125,000 square feet and 23 dock doors.

Tags: California, CEVA Logistics, Fleets, Logistics

August 26, 2014 - Industry News

USA Truck Minority Shareholder Calls for Changes, CEO Ouster

One of USA Truck’s minority investors and its manager are calling for changes within the trucking company, including selling off all or part of to ousting its current leader.

Tags: USA Truck, Mergers & Acquisitions, Fleets

August 26, 2014 - Industry News

Patriot Transportation Holding Closer to Spinoff of Bulk Carrier Operation

The parent company of bulk tanker carrier Florida Rock and Tank Lines filed papers a few days ago to spin off the trucking business into a new holding company that is separate from its real estate ventures.

Tags: Fleets, Patriot Transportation, Florida Rock & Tank Lines

August 26, 2014 - Industry News

YRC’s New Penn Names Foust as New President

Former Roadrunner executive Donald R. Foust has been named as the new president of YRC Worldwide’s regional less-than truckload operation New Penn, according to a filing with the Securities and Exchange Commission.

Tags: Fleets, People, YRC Worldwide, New Penn

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