At the beginning of 2013, an estimated 844,000 veterans were unemployed and looking for work, including 252,000 post 9/11 veterans. According to the White House report, “Fast Track to Civilian Employment,” there is somewhere between 240,000 to 360,000 service members who separate from the military each year. A million more are expected over the next several years.
DAT reports from July 7-13 the number of loads increased in the U.S. by 2.7% compared to the previous seven days, however, two out of three sectors showed a drop in number of loads to trucks.
Jacobs Vehicle Systems, a manufacturer of heavy-duty diesel engine retarding systems and valve actuation mechanisms, announced that Sergio Sgarbi was appointed President effective July 22 after completing his three month immersion process.
The year began below what many companies had expected, though economic growth, the aftermath of winter storms and new housing starts made for a fairly strong Q2. In fact, many of the up-and-coming freight brokerages reported banner months in Q2 as their strategies took market share from competitors and they grew the overall size of the brokerage market.
Business valuations are often mythical, based upon hearsay or rumors of the most recent sale in the industry. To learn more about their company’s worth, many business owners get a professional business valuation, but these are less important than you might think.
Werner Enterprises saw its total revenue fall 3% to $506.6 million in the second quarter compared to last year, while net income dropped 16% to $25.8 million. A cold, wet April was the primary culprit.
Parcel and freight transport giant UPS has reported a slight drop in its second quarter profit, falling from $1.79 billion in 2012 to $1.74 billion for the most recent quarter.
The amount of freight moved in June moved barely higher after surging in May, but it still managed to hit a record high, according to the American Trucking Associations. But that partly reflects a heavier freight mix.
The U.S. House has passed a measure that would allow Wisconsin to continue its practice of allowing trucks weighing more than 80,000 pounds along a section of U.S. 41 when the route is designated as an Interstate roadway, most likely next year.
The U.S. Department of Labor's Occupational Safety and Health Administration office in Boston has ordered Massachusetts-based motor carrier Brillo Motor Transportation and its owner to reinstate a former employee and pay him $96,864 in back wages and interest, $9,669 in compensatory damages and $25,000 in punitive damages.
NTEA, the association for the Work Truck Industry, has announced dates for the next two years of The Work Truck Show, which will be held at the Indiana Convention Center in Indianapolis, Ind.
The Flying J Truck Stop at Whiskey Pete’s Stateline Stop is now open, adding a professional drivers’ lounge with flat screen televisions as well as seven private showers and commercial laundry facility to the new Primm Valley travel center.
TransForce Inc. has acquired the assets of DriveForce Transportation Services and DriveForce Transportation Services of Tulsa, Okla. DriveForce is a regional provider of high-quality commercial truck drivers and skilled industrial personnel with operations throughout Oklahoma.
The New Model Truck Product Conference is scheduled for Sept. 10-12, 2013, at the Adoba Hotel Dearborn/Detroit (formerly Hyatt Dearborn Hotel) in Dearborn, Mich.
At a hearing on the Highway Trust Fund Tuesday it was clear that the key House transportation committee has some distance to go before it can achieve consensus on how the fund could be made whole, or even if it should be preserved.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
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