Fleets

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January 29, 2014

Spot Truck Freight Volume and Rates Drop

After a strong start to the month, freight activity and rates on the spot truckload market tapered off during the week ending Jan. 25 compared to the previous seven days.

January 29, 2014

Knight Transportation Profit Jumps in Fourth Quarter and 2013

Truckload carrier and logistics provider Knight Transportation announced Wednesday its fourth quarter 2013 profit increased 12.7% to $20.1 million or 25 cents per share, from $17.7 million or 22 cents per share a year earlier.

January 28, 2014

Werner Profit Slips for All of 2013

Nebraska-based trucking and logistics company Werner Enterprises has reported a decline in net income for the fourth quarter and all of last year.

January 28, 2014

Study: Plenty of Drivers and Enforcement Officers Still Don’t Understand CSA

The American Transportation Research Institute has released a new white paper showing a majority of the nation’s truck drivers do not have an understanding of the Federal Motor Carrier Safety Administration’s Compliance Safety and Accountability program. CSA was rolled out nationally just over three years ago

January 28, 2014

Missouri DOT Launches “Freight Plan”

The Missouri Department of Transportation has launched the Missouri Freight Plan, the next step in a process started last year to develop the state's long-range transportation plan.

January 28, 2014

Dealer-Fleet Cooperation, Driver Shortage are Vital Issues, ATA Chairman Says

Truck dealers and fleet managers need to work together to smooth maintenance on complex trucks so the industry can continue to grow, Philip Byrd, 2014 chairman of the American Trucking Associations, told an audience at the American Truck Dealers’ annual convention in New Orleans on Sunday.

January 27, 2014

XPO Announces Stock Sale, Reveals Preliminary Earnings Report

XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.

January 27, 2014

Covenant Net Income Doubles in Final Quarter of 2013

The parent to several freight transportation providers, including Covenant Transport, has released numbers showing net income doubled in the final quarter of the year, but there was a slight decline for all of 2013.

January 27, 2014

Swift Transportation Income Up for 2013, Falls in Fourth Quarter

Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.

January 27, 2014

Study Identifies Trends in Freight Charges for Shippers

The third party logistics provider Transplace has released the results of its annual benchmarking study that includes data from more than 150 shippers, representing more than $12 billion dollars in annual freight spending.

January 27, 2014

Trucking Company Owner Sentenced, Ordered to Pay Restitution to Truckers

The owner, operator, and president of East, St. Louis, Ill.-based Clark Trucking and Excavation was sentenced to 33 months in prison late last week.

January 26, 2014

YRC Teamster Members Say Yes to Contract Extension

YRC Worldwide's teamster drivers have voted in favor of an offer that clears the way for a $1.4 billion refinancing plan.

January 23, 2014

Forward Air Purchases Central States Trucking

The parent to a ground transportation provider in the air cargo industry, Forward Air Corporation, has signed a definitive agreement to acquire all of the stock of Central States Trucking Company and Central States Logistics, from Central States Inc.

January 23, 2014

Audit Says New York DOT Not Doing Enough About Truck Safety

The New York state Department of Transportation is not adequately monitoring whether commercial carriers whose vehicles or drivers have been taken off the road because of violations are making needed repairs or corrections, potentially putting the public at risk, according to a new audit released by New York’s comptroller.

January 23, 2014

Odyssey Logistics Purchases Two Companies

Supply chain logistics service provider Odyssey Logistics & Technology Corporation, based in Conn., has purchased both CMI Freight-Trans and Steel Wheel Transfer, 25 year-old companies headquartered in Orland Park, Ill.

January 23, 2014

J.B Hunt Profit Hits Quarterly and Yearly Highs

Freight transportation services provider J.B. Hunt Transport services has reported hitting record financial numbers for the final quarter of last year as well for all of 2013.

January 22, 2014

YRC Teamsters Revote Set for This Weekend

Leaders from Teamster local unions representing workers at trucking giant YRC Worldwide, have overwhelmingly recommended approval of a revised tentative labor contract members will vote on this coming Saturday and Sunday.

January 22, 2014

Marten Transport Reports Record Annual Income

Refrigerated trucking company Marten Transport has reported the highest net income for any year in its history.

January 21, 2014

Settlement Reached in Long-Running Truckstop Battle Against Comdata

A $130 million legal settlement has been reached for a class of more than 4,000 independent truckstops and other retail fueling merchants following an antitrust lawsuit filed in 2007 against fleet payment card issuer Comdata and three national truckstop chains.

January 21, 2014

Knight Transportation Projecting Bigger Profits

Trucking company Knight Transportation has upwardly revised estimates of its financial performance, ahead of releasing full numbers later this month

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