TCP: Capacity Crunch, Improved Rates Are in the Cards
Truckload carriers nationwide have greater confidence that business will improve in the year ahead, with 70 percent expecting volumes to increase in the next year and just over 50 percent predicting improvements in rates in the next year. The data is part of Transport Capital Partners' recent Business Expectations Survey, which was presented by TCP Managing Partner Lana Batts during a conference call hosted by Stifel Nicolaus Friday....
Port of Los Angeles to Improve Main Truck Route
A $22 million federal stimulus grant project is underway at the Port of Los Angeles this week, which will result in improvements along a 1.3-mile stretch of Harry Bridges Boulevard in Wilmington, Calif....
PHMSA Modifies Security Plan For Hazmat
The Pipeline and Hazardous Materials Safety Administration of the Department of Homeland Security has modified its current security plan requirements for the transportation of hazardous materials by narrowing the list of materials subject to the requirements....
Crude Oil, Diesel Predicted to Rise Slightly
The federal government's monthly energy outlook predicts crude oil prices will rise to over $80 a barrel this summer, and that diesel prices will average near $3 a gallon over the course of 2010....
NTEA Announces New Green Truck Association
The National Truck Equipment Association has formed a new affiliate division, the Green Truck Association, as a way for fleets, manufacturers, upfitters, government agencies and other industry stakeholders to stay current with regulatory and industry developments....
Navistar International Posts Lower Income on Fewer Shipments
For the fiscal first quarter, Navistar posted a net income attributable to Navistar International of $17 million, down from a net income of $48 million in the year-ago quarter....
Swift Places Order For Wabash Dry Vans
Regional truckload carrier Swift Transportation has penned a three-year deal with Wabash National Corporation, under which Wabash will build 3,100 DuraPlate HD dry vans over the next 12 months....
Baumhover Honored With TCA's Past Chairmen's Award
The Truckload Carriers Association has honored Gary Baumhover, a long-time trucking executive and past chairman of TCA, with its Past Chairmen's Award....
Navistar Forms Financing Alliance With GE Capital
GE Capital has made a deal with Navistar International and Navistar Financial Corporation to become Navistar's preferred provider of retail financing solutions to support sales of Navistar trucks and school buses in the U.S....
ATRI's New Survey to Analyze HOS Rules
The American Transportation Research Institute is collecting data from fleets to measure the safety and operational impacts of the hours-of-service rules....
FleetNet Hires New TMcare Fleet Manager
FleetNet America has hired Tracy Hatley as its new TMcare fleet manager, responsible for specific customers...
Tuesday, March 9, 2010
Ports Can Expect Double-Digit Increases in Container Traffic in the Coming Months
The ports are poised for significant improvements in retail container traffic, with double-digit increases expected to continue through the summer as the U.S. economy begins to improve...
Rockslide in Colorado Brings 20 Boulders Onto I-70
Interstate 70 in Glenwood Canyon, Colo., was hit by a large rockfall just after midnight on Monday, in the same general area as a rockslide that occurred in November 2004....
Diesel Prices Continue to Inch Up; Oil Hits Eight-Week High
The average price of diesel inched up this week in its third straight jump, landing at a national average of $2.904...
TCP: Trucking Industry Optimistic About the Year Ahead
Carriers and industry vendors have indicated that things are improving, with capacity tightening in February, according to the observations of Transport Capital Partners at the Truckload Carriers Association (TCA) Annual Meeting in Las Vegas last week....
Virginia Raises Speed Limit to 70 mph; Implementation May Take A While
Last week, Virginia Gov. Bob McDonnell signed a bill that would increase the highway speed limit on interstates where it is presently 65 mph to 70 mph....
GE Capital Fleet Services Starts Truck Advisory Board
GE Capital Fleet Services has launched its Truck Advisory Board as a way for customers to discuss process improvement ideas, suggest new products and share best practices for fleet management....
Port of Seattle Gets 100 Old Trucks Off the Roads
Since November 2009, 100 older diesel trucks servicing the Port of Seattle have been permanently removed from service....
Monday, March 8, 2010
Used Truck Volumes Jump For Third Straight Month
January used truck sales increased for the third month in a row, according to a report by the ATD/NADA Official Commercial Truck Guide....
U.S. Payrolls Drop; Not as Bad as Expected
While total net payrolls were down by 36,000 in February, compared to a 26,000 drop in January, the rate was not as bad as analysts had expected...
Bergstrom Purchases HVAC Product Business
Climate control provider Bergstrom has acquired Modine Manufacturing Company's vehicular HVAC products business in North America, which serves off-highway vehicles, trucks and school buses....
Pilot Celebrates New Ethanol Purchase Locations With Discounts
On Friday, four Tennessee Pilot locations offered special pricing on Ethanol 85 as part of its introduction of two new east Tennessee purchase locations for the alternative fuel....
TCP: Capacity Crunch, Improved Rates Are in the Cards
Truckload carriers nationwide have greater confidence that business will improve in the year ahead, with 70 percent expecting volumes to increase in the next year and just over 50 percent predicting improvements in rates in the next year....
Fortune Ranks 12 Trucking and Delivery Companies As Most Admired
Fortune magazine chose seven trucking, transportation and logistics companies and five delivery companies to be part of its World's Most Admired Companies list....
Karmak Expands Sales Team With New Regional Manager
Software provider Karmak has hired John Jasperson as its newest regional manager on the sales team, joining from Fontaine Modification, where he served as director of sales for the western region....
FleetRisk Advisors Acquires Safety Management Solutions
FleetRisk Advisors has acquired Safety Management Solutions, a consulting firm providing expertise and leadership in safety improvement through program development, online learning and employee involvement....
Navistar Outlines Plans For New Illinois Headquarters
Navistar plans to invest more than $100 million to move its world headquarters to Lisle, Ill., the former East Lucent Campus....
Friday, March 5, 2010
House Passes 10-Month Extension of Highway Program
The U.S. House of Representatives yesterday passed a bill that will extend the current highway program until the end of the year and replenish the Highway Trust Fund with $19.5 billion from general revenues....
Goodyear Announces Finalists For 2009 Highway Hero Award
Goodyear has named the finalists for its North America Highway Hero Award, including George Lantzy, of Turtle Creek, Pa; Jesse Lee Seal, of Alma, Ark.; Stephen Page, of Gloucester, Mass.; and Junichi Shimizu, of Gladstone, Ore....
CVSA Gears Up For 2010 Workshop
The Commercial Vehicle Safety Alliance will hold its 2010 Workshop on April 19-22 in San Antonio to assess processes and procedures that will improve commercial motor vehicle and overall highway transportation safety....
From the Road to the Campaign Trail: Alaskan Owner-Operator Runs For Governor
While you'd typically see "Singin' Sam" Little hauling produce in his Kenworth truck between Seattle and Alaska, this spring and summer you might see his truck and trailer out on the campaign trail, as truck driver Little is running for Governor of Alaska on the Republican ticket.
While Little is somewhat of a household name among Alaskan truckers for his song "Kamikaze Trail," which has been featured on the History Channel...
Xata Partners With SpeedGuage to Offer Speed Tracking, Analysis
Minneapolis-based Xata Corporation has formed a reseller partnership with SpeedGauge, a commercial vehicle GPS data provider for speed tracking and analysis...
LaHood Says Mexico Cross-Border Plan Is Near
During a Senate Subcommittee on Transportation and Housing and Urban Development hearing Thursday morning, Transportation Secretary Ray LaHood told lawmakers that a plan to address cross-border trucking with Mexico is on its way....
Ryder Ranks Highest For Security Practices
Security Magazine has ranked Ryder number one for its security practices in the Transportation, Logistics, Supply Chain and Warehousing industry sector....
Erb International, Roehl Win Grand Prize in TCA Fleet Safety Awards
The Truckload Carriers Association announced the grand prize winners of its 34th Annual National Fleet Safety Awards: Erb International Inc. of New Hamburg, Ontario, and Roehl Transport of Marshfield, Wis....
TCA Honors Top Company Drivers, Owner-Operators
The Truckload Carriers Association honored the top company drivers as well as owner-operators this week as it announced the winners of its annual Company Equipment Driver of the Year and Owner Operator of the Year contests during its annual convention...
Thursday, March 4, 2010
TCA Elects Kaburick of Henderson Trucking As Chairman
The Truckload Carriers Association has elected John Kaburick, president of Earl L. Henderson Trucking Company, Salem, Ill., as the chairman for the 2010-2011 term...
TCA's DeRoze Retires After 14 Years With the Association
Virginia "Ginny" DeRoze, director of education and training at the Truckload Carriers Association, is retiring from her post on March 12, after 14 years with the association....
Coast Guard Puts the Brakes on Ambassador Bridge Project
The Detroit International Bridge Company's $1 billion plan to build a second span of the Ambassador Bridge between Detroit and Canada has been halted....
CARB Gives Roush Pickups the Nod
The California Air Resources Board has certified the Roush propane-powered Ford F-250 and F-350 pickup trucks to meet the state's emission standards....
Old Dominion Opens New Warehouse Facility in North Carolina
Old Dominion Freight Line, a less-than-truckload carrier, has opened a new warehouse facility in Thomasville, N.C., which will serve as the headquarters for the OD-Warehousing and Distribution Services Division...
TCP Assists in HB Holdings' Acquisition of McGriff Transportation
Transport Capital Partners lent its services to help HB Holdings, LLC of Birmingham, Ala., in its acquisition of McGriff Transportation of Cullman, Ala....
Heavy Truck Orders Jump Almost 20 Percent From January
Net orders for Class 8 trucks in February jumped 19.7 percent from January, when orders were the lowest since 2002...
NAFTA Land Trade Sees First Year-Over-Year Boost Since Sept. 2008
In December 2009, surface transportation trade between the U.S., Canada and Mexico saw its first year-over-year boost since September 2008...
Eaton Hybrid Systems Rack Up 30 Million Miles of Service
Eaton Corporation has more than 2,400 hybrid systems in use today, with customers collectively accumulating more than 30 million miles of service throughout the world....
Truck Pride Chooses Timken As Preferred Bearing Supplier
Truck Pride Partners, a heavy-duty truck parts distributor, has selected The Timken Company as the preferred supplier of their Bearing product....
ASTM Eyes New Biodiesel Grade For Cold Weather
ASTM International, a voluntary standards development organization, is considering ballots for changes to a biodiesel specification in response to isolated instances of filter clogging in cold weather...
Wednesday, March 3, 2010
Senate Clears Resumption of Highway, Safety Funds
Last night the Senate voted 78 to 19 to resume federal funding for highways and safety after Sen. Jim Bunning, R-Ky., agreed to remove his objection to a bill containing a short-term extension of the federal highway program....
TET Adds Distributors, Endorsements For TerraCair DEF
Terra Environmental Technologies, a North American producer of diesel exhaust fluid, has added three new distributors to its network and received endorsements from three independent truckstops....
Con-way Freight Has Safest Year Since 2003
Less-than-truckload carrier Con-way Freight said 2009 was the company's best year for safety since 2003, with a 13.1 percent drop in its accident frequency rate from 2008....
Boyd Bros., Dart Transit Take Home Overall Best Fleet Awards
The Truckload Carriers Association and CarriersEdge have selected Boyd Bros. Transportation of Clayton, Ala., and Dart Transit Company of Eagan, Minn., as the overall winners of its Best Fleets to Drive For survey and contest....
Rair Announces New Staff Additions
Rair, a provider of compliance, safety, and risk management services for the transportation industry, has added Gary L. Johnson and Joe Couture to its staff....
AMSA: Industry Shipments Still Down, But Not By Much
Industry shipment pickups for November 2009 were down 1 percent from the year ago month, according to new data from the American Moving & Storage Association....
Averitt Donates to St. Jude Children's Research Hospital
Diversified carrier Averitt Express has donated $350,000 to St. Jude Children's Research Hospital during a formal event held at the hospital in Memphis, Tenn....
FleetPride Expands Into Northwest Louisiana
FleetPride, an independent aftermarket distributor of heavy-duty truck and trailer parts, has opened a new location in Bossier City, La., extending the distributor's reach into northwest Louisiana....
FMCSA Announces Fifth Listening Session Details
The Federal Motor Carrier Safety Administration has announced it will hold a fifth public listening session to hear comments and information on hours of service regulations....
Evans Develops Online Community For Drivers
The Evans Network of Companies has developed an online community for its independent contractors....
Service Tire Truck Centers to Sell TireStamp's TireVigil
TireStamp has partnered with Service Tire Truck Centers to sell its TireVigil TPMS product to fleets in Eastern Pennsylvania, New Jersey, New York, Massachusetts, Maryland, Delaware and Virginia...
Trucking Industry Doesn't Have Deep Enough Pockets For Employee-Based Port Model
The mandated use of employee drivers at the ports would result in a huge disruption to interstate commerce, one the trucking industry does not have deep enough pockets for...
