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February 8, 2016 - Industry News

Diesel Prices Are Down Over 82 Cents in 12 Months

The average price of a gallon of diesel fuel fell last week to a level that is 82 cents cheaper than a year ago.

Tags: Gas Prices, Diesel Prices, Crude Oil Prices

February 8, 2016 - Industry News

Mack Designates First Four Certified Uptime Centers

Mack Trucks has announced the first four dealer locations to achieve the Mack Certified Uptime Center designation.

Tags: Mack Trucks, Dealers, Uptime, Repair Shops

February 8, 2016 - Industry News

Continental Chooses Site for $1.4B Commercial Tire Plant

Continental Tire the Americas has selected a site in Mississippi for a commercial vehicle tire plant that as part of a long term investment totaling $1.4 billion.

Tags: Mississippi, New Facility, Tires, Continental Tire the Americas

February 8, 2016 - Industry News

XPO Sues YRC Freight for Poaching Executives

Image via XPO Logistics

XPO Logistics Freight is suing rival less-than-truckload carrier YRC Freight for allegedly hiring employees from the company in order to obtain important trade secrets.

Tags: Lawsuits, YRC Freight, XPO Logistics

February 8, 2016 - Industry News

HDMA Names Board Chairman for 2016

Tim Myers Photo: Alcoa

The Heavy Duty Manufacturers Association has re-elected Tim Myers as chairman of the board at a recent board of governors meeting.

Tags: Leadership, HDMA, People

February 7, 2016 - Industry News

Aviation Bill Harbors Pro-Trucking Reform

Language in a new House aviation bill aims to prevent states from enacting their own meal and rest break rules for CDL drivers. Image: Penske Logistics

Intended to keep states from preempting federal motor-carriage regulations, a proposal that that did not make it into the highway bill has resurfaced in reauthorization legislation for the Federal Aviation Administration.

Tags: Hours of Service, U.S. House of Representatives, Driver Pay

February 5, 2016 - Industry News

NTN Bearings Names Automotive Marketing Director

Photo: NTN

NTN Bearing Corporation of America, the parent company of BCA Bearings, has announced the promotion of Kevin Judge to director of automotive marketing.

Tags: People, Bearings, Marketing

February 5, 2016 - Industry News

Earnings Watch: Saia Profit Declines 16%, Beats Estimates

Saia Inc. saw its fourth quarter profit decline to $11.4 million, or 45 cents per diluted share, from $13.6 million, or 53 cents per diluted share a year earlier, beating analysts' estimates.

Tags: LTL, Saia, Fleet Earnings

February 5, 2016 - Industry News

TCA Names Division Winners of National Fleet Safety Awards

Last year's Fleet Safety Award winners recieving their awards. Photo: TCA

The Truckload Carriers Association has selected the division winners for its National Fleet Safety Awards, which honor trucking companies that demonstrate a commitment to safety and accident reduction.

Tags: Driver Safety, TCA, National Fleet Safety Awards

February 5, 2016 - Industry News

Earnings Watch: Volvo Earnings Improve

Martin Lundstedt, president and CEO Photo: Tommy Holl

The parent company to Volvo, Mack and other truck brands is back in the black, according to earnings reports released Friday, but it plans to cut U.S. production as it nears the end of a four-year cost cutting plan.

Tags: Economy, Volvo Trucks, Quarterly Earnings, Global

February 5, 2016 - Industry News

Truck Tires From China Could See Tariffs

By NuclearVacuum [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

The International Trade Commission is looking into whether it should impose anti-dumping and countervailing duties, or tariffs, on truck and bus tires made in China.

Tags: China, Tires, Global

February 5, 2016 - Industry News

Economic Watch: Trucking Helps Unemployment Rate Move Lower

While some recent reports have raised questions about the health of the nation’s economy, the latest one shows unemployment has fallen to its lowest level in eight years.

Tags: Economy, Unemployment, Employment

February 4, 2016 - Industry News

Peterbilt Hands Out Dealer of the Year Awards

Representatives from the Larson Group recieve their award at Peterbilt's Dealer Meeting. Photo: Peterbilt

Peterbilt handed out Dealer of the Year awards in several categories at its annual dealer meeting, held recently in San Diego.

Tags: Peterbilt, Awards, Dealers, Truck Dealers

February 4, 2016 - Industry News

Earnings Watch: Hub Group, Roadrunner, ODFL, YRC Worldwide

Multi-modal freight transporter Hub Group Inc. has reported increases in fourth quarter 2015 and full year profits as revenue for both periods drifted lower for the Illinois-based operation.

Tags: Economy, Old Dominion Freight Line, Roadrunner Transportation, YRC Worldwide, YRC Freight, Hub Group, Fleet Earnings

February 4, 2016 - Industry News

Intermodal Freight Growth Strong Last Year

Photo: Intermodal Association of North America

Despite network congestion and economic headwinds, intermodal freight saw solid growth in 2015, but the level of freight was barely up in the final quarter, according to the Intermodal Association of North America.

February 4, 2016 - Industry News

Freightliner Names 2016 Hardest Working Cities

Left to right, Mike Howerton - Allan Haggai - Richard Saward. Photo: Freightliner

Freightliner Trucks has announced four cities that will be recognized as the Hardest Working Cities for 2016.

Tags: Economy, Freightliner, Severe Duty, Awards, Hardest Working Cities

February 4, 2016 - Industry News

Pure Power Technologies Goes Independent From Navistar

Pure Power Technologies has been acquired from Navistar by an investment group, allowing PPT to become an independent company.

Tags: Navistar, Fuel Injection, Mergers & Acquisitions

February 4, 2016 - Industry News

Economic Watch: Silver Lining for Manufacturing? Employment Gains, Service Sector Slows

Orders and shipments of factory-made goods were down in a report out Thursday, but earlier reports based on more recent activity indicates conditions may be on the verge of brightening.

Tags: Economy, Factory Orders, Non-Manufacturing, Employment, Factory Shipments

February 4, 2016 - Industry News

Peterbilt Showcases Model 567

Photo: Peterbilt

Peterbilt Motors Company showcased three ready-to-work Model 567 mixer trucks, during this week's World of Concrete.

Tags: Peterbilt, World of Concrete, MX-13, MX-11

February 4, 2016 - Industry News

Earnings Watch: Cummins Profit Sinks, Daimler Soars

Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,

Tags: Economy, Cummins, Daimler AG, Earnings, Daimler Trucks North America, Global

February 3, 2016 - Industry News

ATD and HDT Announce Truck Dealer of the Year Nominees

Last year's winner, Scott McCandless, president of McCandless Truck Center. Photo: Sherb Brown

The American Truck Dealers, Heavy Duty Trucking magazine and Procede Software have announced the nominees for the 2016 Truck Dealer of the Year award.

Tags: American Truck Dealers, NADA, Truck Dealer of the Year, Awards, Truck Dealers

February 3, 2016 - Industry News

Court Peels Back New York’s Highway Use and Decal Fees

New York State’s Supreme Court has ruled as unconstitutional the highway-use registration and decal fees imposed on all trucks that operate in the Empire State.

Tags: New York State, User Fees

February 3, 2016 - Industry News

Dana Holding Acquires Magnum Gaskets

Dana Holding Corporation has competed its acquisition of Magnum Gaskets, a U.S.-based supplier of aftermarket gaskets and sealing products for commercial-vehicle and automotive applications.

Tags: Aftermarket Parts, Dana Holding Corp., Mergers & Acquisitions

February 3, 2016 - Industry News

ArcBest Elects CEO as Chairman of the Board

Judy McReynolds Photo: ArcBest

ArcBest president and chief executive officer Judy R. McReynolds has been elected chairman of the board of directors, succeeding Robert A. Young, who is retiring.

Tags: Leadership, People, ArcBest Corp.

February 3, 2016 - Industry News

Earnings Watch: Meritor, Eaton, Wabash National, ArcBest, C.H. Robinson

Earnings season continues this week and with it are the first numbers from major trucking suppliers, such as Meritor, Eaton and Wabash National, in addition to those from trucking operations ArcBest and C.H. Robinson.

Tags: Economy, Eaton, Meritor, Eaton Corp., ABF, Wabash National, C.H. Robinson, ArcBest Corp., Fleet Earnings

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