Mike McGrath, an automotive and heavy-duty industry leader for the past 25 years, 20 of them with SKF, passed away suddenly on Oct. 11, at the age of 54. He most recently was president of the SKF Vehicle Service Market, North America Business Unit.
The House panel studying freight transportation saved the toughest for last: how to pay for it. It was a sign of the enduring paralysis over funding that the panel had Jack Schenendorf and Robert Atkinson as witnesses in its final hearing last week.
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.
An anti-government protest that organizers had said would bring "thousands" of truckers to Washington, D.C., appears to have attracted only a few dozen, according to reports from local media.
FTR's Trucking Conditions Index reading of 9.52 in August is a full point improvement from the July reading.
The government shutdown has forced the Energy Information Administration to cancel publication of its gas and diesel price update, a key index for trucking fuel surcharges.
American Trucking Associations’ Safety Management Council announced its 2013 award winners at its Safety & Human Resources National Conference & Exhibition in Sparks, Nev. last week.
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.
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.
A shift in seasonal trends drove spot market freight volumes down 5.3% in September, as reported by the DAT North American Freight Index. Freight volumes remained stable throughout much of the third quarter, instead of a more typical decline in July that is followed by mixed trends in August and September.
Freight costs continued to rise in September, showing the largest month-to-month increase since March, but it's not due to a raise in rates. Meanwhile, North American shipment volumes also rose for the second month in a row, according to the Cass Freight Index.
Freight rates are generally up on the spot market while the amount of available freight has declined a little.
A number of factors negatively impacted the third quarter of 2013, it said in a release, which has resulted in expected earnings below original estimates.
The amount of freight carried by the for-hire transportation industry in the U.S. rose 0.4% in August from July, rising for the second consecutive month to reach the second highest level in the history of the Bureau of Transportation Statistics’ Freight Transportation Services Index which goes back to 2000.
Peter J. Rose, chairman and CEO of Expeditors International of Washington Inc., a global logistics company, announced his retirement as the company’s CEO effective March 1, 2014.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
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