April 18, 2014 - Industry News
Six Robblees’ and Valley Brake and Truck Parts are joining forces to create an expanded presence with a total of 22 locations, as well as expanding the company’s experience in friction and brake remanufacturing.
Tags: Aftermarket, Six Robblees, Mergers & Acquisitions, Valley Brake and Truck Parts
The Canadian government is planning a multi-million dollar upgrade for the Aldergrove border crossing, which includes an expansion with a dedicated Nexus lane to speed up border crossings.
A Wyoming-based trucking company is facing possible fines of more than $1 million for illegally dumping saltwater on a road, while criminal charges have been filed against the driver.
Tags: Drivers, Regulations, North Dakota, Fleets, Crime, Wyoming
The tanker trucking company Kenan Transport will pay $27,000 to settle a pregnancy discrimination and retaliation lawsuit brought by the Equal Employment Opportunity Commission, the agency announced Thursday.
Tags: Fleets, Litigation, EEOC, Equal Employment Opportunity Commission, Kenan Advantage Group
Sections of Interstate 540 and Highway 71 in northwest Arkansas will be receiving a new Interstate highway designation soon, according to the Arkansas State Highway and Transportation Department.
Tags: Arkansas, Highways, I-49, interstate, Interstate 49
April 17, 2014 - Industry News
Long time automotive aftermarket and heavy-duty industry executive, John. F. Lorimer retired on April 1, after 44 years in the industry.
Tags: People, IPD
The trucking operation Hub Group has reported a 22% drop in first quarter income compared to the same time last year while revenue increased 10%.
Tags: Fleets, Earnings, Hub Group
The Hendrickson Vehicle Suspension Institute scheduled its next session of hands-on technical suspension training for the heavy-duty transportation industry.
Tags: Technician Training, Events, Hendrickson
Container shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores, also known as CSAV, have signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd.
Tags: Intermodal, Freight, Mergers & Acquisitions, Port Trucking
The private equity firm Warburg Pincus had reached an agreement to acquire the fuel card and fleets payment services provider Electronic Funds Source.
Tags: Fuel Management, Fleets, Mergers & Acquisitions, EFS
The improved economic environment in developing and developed economies is restoring business confidence and pushing up the global sales volumes of medium-heavy duty trucks, according to a new report.
Tags: Telematics, Driver Safety, Vehicle Safety, Medium-Duty Trucks, Frost & Sullivan, Heavy-Duty Trucks
The Missouri Department of Transportation has launched the next phase of the Missouri Freight Plan to engage business and local leaders, along with freight and industry stakeholders, in a discussion regarding funding of Missouri's freight infrastructure.
Tags: Infrastructure, Missouri Department of Transportation, Missouri, Highways, Freight
Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.
Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates, Freight
An operations manager for California household good mover has been sentenced to 18 months in prison for participating in a “low ball estimate” scheme, as part of a more than 10-year federal investigation.
Tags: FMCSA, Florida, California, Office of Inspector General, Crime & Fraud, Fleets, Household Goods Movers
Just over two weeks after the Federal Motor Carrier Safety Administration ordered an Illinois-based trucking company to shut down all interstate movements, a federal judge on Wednesday ruled it can return to the roadway.
Tags: FMCSA, Drivers, Regulations, Hours of Service, Safety & Compliance, Litigation, Enforcement, CSA, Illinois
April 16, 2014 - Industry News
Anthony Foxx is on the road this week emphasizing the importance of infrastructure funding, with the Obama Administration concerned about the ability to pass a new long-term highway funding authorization before two key deadlines.
Tags: Congress, Infrastructure, Highway Funding, Highways, Anthony Foxx, U.S. Congress, President Obama, Highway Trust Fund, Alabama
Following several weeks of increases spot market freight rates and the number of loads available have fallen over the past week, according to the freight matching service provider DAT.
Tags: Freight, Spot Freight, DAT Transcore
A federal grand jury in Pittsburgh, Penn. early this month indicted one person in connection with a scheme to defraud trucking companies over drug test results of drivers.
Tags: Regulations, Drug Testing, Pennsylvania, Office of Inspector General, Crime & Fraud, Safety & Compliance
A federal court has sentenced a Georgia woman after pleading guilty late last year in a double brokering scheme.
Tags: Georgia, Office of Inspector General, Crime & Fraud, Brokers
A trucking company has filed a lawsuit against the Illinois Department of Revenue over it disallowing the states rolling stock sales tax exemption on one of its pieces of equipment.
Tags: Taxes, Illinois, Fleets, Litigation
The number of new home starts in the U.S. picked up slightly in March but is below the pace from a year earlier, according to a new U.S. Commerce Department report.
Tags: Economy, Industrial Production, Home Starts
Online freight marketplace uShip has announced three top national less-than-truckload carriers have committed to uShip’s shipper-direct LTL spot rate marketplace.
Tags: Con-way Freight, Information Technology, Old Dominion Freight Line, LTL, uShip, Fleets, YRC Freight
Stabilis Energy announced that it has signed a definitive agreement to purchase substantially all of the U.S. based assets of Encana Natural Gas Inc.
Tags: LNG, Stabilis Energy, Encana Natural Gas Inc.
April 15, 2014 - Industry News
Marten Transport on Tuesday reported net income of $5.3 million, or 16 cents per diluted share, in the first quarter of the year, compared with $7.2 million, or 22 cents per diluted share, in the first quarter of 2013.
Tags: Fleets, Earnings, Marten Transport
The Highway Trust Fund is likely to run into the red by September, according to the latest update from the Department of Transportation. In its most recent monthly status report, DOT shows the fund’s cash balance dipping below zero in late August or the first week of September.
Tags: Highway Funding, Highway Trust Fund, MAP-21
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