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January 28, 2015 - Industry News

Celadon Profit Skyrockets Almost 67%

Photo: Evan Lockridge

The Indiana-based trucking operation Celadon Group Inc. on Wednesday reported a near 67% increase in its net profit during its fiscal second quarter ending with the close last December.

Tags: Fleets, Earnings, Swift Transportation

January 28, 2015 - Industry News

Swift Transportation Reports Record 4th Quarter Profit

Photo: Evan Lockridge

Net income totaled $58.5 million, up from $45.3 million the same time a year earlier, while basic earnings per share were 41 cents compared to 32 cents during the same time in 2013 for the Arizona-based company.

January 28, 2015 - Industry News

Senate Launches Highway Bill Effort

Photo by Bidgee via Wikimedia Commons

The Senate Environment and Public Works Committee launched its effort to draft a new highway bill with vows to work out political differences in order to restore the health of the nation’s infrastructure.

Tags: Congress, Senate, Highway Funding, Highways

January 28, 2015 - Industry News

Meritor Profit Surges Despite Weaker Sales

Truck component manufacturer Meritor Inc. on Wednesday reported quarterly financial results showing a big increase in profit despite a small drop in sales.

Tags: Meritor, Earnings

January 28, 2015 - Product News

SAF Holland Launches Online Parts Catalog

The SAF Holland parts on demand page. Courtesy of SAF Holland

The catalog contains 15 years of data about every product the company has sold. Distributors have access to 15,000 assembly numbers along with their respective component parts and exploded views.

Tags: Information Technology, Aftermarket Parts, Heavy Duty Catalog, SAF Holland

January 28, 2015 - Industry News

Trucking Company Owner Receives Maximum Sentence for Cargo Theft

The owner of a trucking company received the maximum sentence possible by a federal court in Missouri after pleading guilty last year for his role in a cargo theft scheme.

Tags: Missouri, Cargo Theft, Crime

January 28, 2015 - Industry News

West Coast Problems Cause Georgia Ports to See More Freight

Photo: Georgia Ports Authority

Marine ports in Georgia ended 2014 with growth in all cargo sectors, including a 10.2% increase in twenty-foot equivalent container units, and a 7.4% increase in total tonnage, according to new figures released by the Georgia Ports Authority.

Tags: Georgia, Freight, Ports, Port Trucking, Port of Savannah

January 28, 2015 - Industry News

Service is Key to Parts Industry, says MacKay President

Saying that service is the key to the parts industry, Stu MacKay, president of MacKay & Co. focused on how changing service patterns are affecting the truck parts aftermarket.

Tags: Preventive Maintenance, Aftermarket Parts, HDAD, MacKay and Co., Parts and Service

January 28, 2015 - Industry News

Knight Transportation Net Income Leaps 64%

Photo: Knight Transportation

Trucking company Knight Transportation Inc. has reported significant increases in net income and revenue for the final quarter of last year and for all of 2014.

Tags: Fleets, Earnings, Knight Transportation

January 28, 2015 - Industry News

Economy in Fourth Largest Expansion in Recent Times

Speaking at Heavy Duty Aftermarket Dialogue in Las Vegas, Bob Dieli, founder of RDLB says the expansion is in it 67th month and is closing in on being longer than the November 2001 to December 2007 expansion, which lasted 73 months.

Tags: Aftermarket, HDAD, Inflation, Economic Conditions

January 28, 2015 - Industry News

Spot Freight Rates Fall as Capacity Increases, Available Loads Decline

Rates on the spot freight market continued falling the past week due to fewer loads available and increasing truck capacity, according to the freight matching service provider DAT Solutions.

Tags: Spot Freight, Freight Rates, DAT Solutions

January 28, 2015 - Industry News

Turnover at Truckload Carriers High as Driver Market Remains Tight

Photo by Deborah Lockridge

Driver turnover rose slightly for large carriers in the third quarter, but LTL and smaller fleet numbers showed some surprises.

Tags: American Trucking Associations, Driver Turnover, Driver Pay

January 28, 2015 - Industry News

Meritor Announces Program to Support Soldiers

LAS VEGAS -- Shoes for Soldiers is how Meritor is describing the effort it launched this week to help severely wounded, injured or ill veterans become leaders in business, government and their communities by contributing a percentage of its remanufactured brake shoe sales to the Wyakin Warrior Foundation.

Tags: Meritor, HDAW

January 28, 2015 - Product News

Meritor Expands Aftermarket Parts, Adds Independent Garage Program

LAS VEGAS -- Meritor announced at Heavy Duty Aftermarket Week that it's expanding its air disc brake product line, expanding its Euclid-branded suspension product line, and will launch a network of Meritor-approved repair shops with independent service garages across the United States and Canada.

Tags: Meritor, Brakes, HDAW, Suspensions, AIr Disc Brakes

January 28, 2015 - Industry News

TMC to Hold Fuel Efficient Tire Discussion at Annual Meeting

Members of the Technology and Maintenance Council will discuss fuel efficient tires at the organization’s 2015 Annual Meeting and Transportation Technology Expo next month in Nashville,

Tags: Fuel Efficiency, TMC, Industry Event, Annual Meeting, Tires

January 27, 2015 - Industry News

Shortage in Desirable Used Trucks Drives Up Prices

While demand for used trucks is high, the supply is not keeping up, causing a decline in used truck sales from traditional retailers, but an increase in sales overall.

Tags: ACT Research, Truck Orders, Used Truck Sales

January 27, 2015 - Industry News

Marten Transport Reports Record Quarterly Income, Revenue

Marten Transport Ltd. on Tuesday reported its highest net income and operating revenue for any quarter in its history.

Tags: Fleets, Earnings, Marten Transport

January 27, 2015 - Industry News

FleetPride Acquires Six Northeast Pardo's Locations

FleetPride Inc. has acquired six locations of Pardo’s Truck Service Parts Warehouse in the New Jersey, Pennsylvania and Maryland markets.

Tags: Aftermarket Parts, FleetPride, Mergers & Acquisitions

January 27, 2015 - Industry News

Trucks Forced to Take Longer Route to Access Major Intermodal Terminal

Photo: CenterPoint Intermodal Center

There will be a new delay starting Wednesday for trucking companies serving the one major intermodal facility southwest of Chicago.

Tags: Illinois, Intermodal

January 27, 2015 - Industry News

Nevada Working on Freight Transportation Plan

The Nevada Department of Transportation has announced it will put together a plan for making enhancements to the state’s transportation system when it comes to moving freight.

Tags: Nevada, Highways, Freight

January 27, 2015 - Industry News

Telogis Providing Road Updates for Juno Storm

Image via Telogis Blog.

Telematics service provider Telogis is posting updates to its blog about road closures and routing exceptions relating to the Juno winter storm on the East Coast.

Tags: Telogis, Storm Response, Winter Driving

January 27, 2015 - Industry News

Bridgestone Unveils Dayton Commercial Tire Website

Dayton's new website. via DaytonTruckTires.com

Bridgestone Commercial has designed and launched a new website for its Dayton line of commercial truck tires.

Tags: Truck Tires, Bridgestone, Tires and Wheels, Online Tool, Tires

January 27, 2015 - Industry News

Replacement Truck Tire Demand Doubles

In 2014, the average price of a retreaded truck tire was $237.48. The average price of a new tire was $381.50. Graphic via MTD.

Compared with 2013, truck tire shipments in 2014 were up 1.6 million units, while the number of retreaded tires was up 800,000 units.

Tags: Truck Tires, Retreads, Tires and Wheels, Tires

January 27, 2015 - Industry News

Economic Watch: Durable Goods Mixed; New Home Sales, Consumer Confidence Higher

Shipments of U.S. manufactured durable goods, those designed to last three years or more, rebounded in December but new orders turned in its worst performance since August, according to a new U.S. Commerce Department report.

Tags: Economy, Consumer Confidence, Durable Goods, Home Sales

January 27, 2015 - Industry News

The Three Big Problems for Business

Geoff Davis

Regulation, litigation and taxation are three big issues faced by business, according to Geoff Davis, former Congressman and founding partner of Republic Consulting, speaking Monday at Heavy Duty Aftermarket Dialogue in Las Vegas.

Tags: Legislation, Regulations, Congress, HDAW

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