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
The owner of a Massachusetts trucking company got far less than the maximum penalty for attempting to bribe a Federal Motor Carrier Safety Administration official.
Tags: FMCSA, Federal Motor Carrier Safety Administration, Crime & Fraud, Fleets, Safety & Compliance
The U.S. Transportation Department’s Federal Highway Administration is holding a webinar next month to provide an update on the progress of its Comprehensive Truck Size and Weight Limits Study.
Tags: Regulations, Federal Highway Administration, U.S. Department of Transportation, Safety & Compliance, FHWA, Truck Weights, US DOT, Truck Sizes
The Federal Motor Carrier Safety Administration has announced a date of April 29 and 30 has been set for the next meeting of the Motor Carrier Safety Advisory Committee's Compliance, Safety, Accountability subcommittee in Arlington, Va.
Tags: FMCSA, Regulations, CSA, Federal Motor Carrier Safety Administration, Safety & Compliance, SMS, MCSAC
A new report shows inflation remains in check with consumer prices increasing 0.2% in March, following a 0.1% gain in February, according to the U.S. Labor Department.
Tags: Economy, Consumer Prices, Home Building
The Transportation Security Administration says it is upgrading its technology to improve reliability, expand capabilities, meaning some specific TWIC card services will be temporarily unavailable.
Tags: Drivers, Regulations, Transportation Security Administration, TWIC
CINCINNATI -- "Love of family" and belief in the Golden Rule are common among industry veterans feted by private fleet group.
Tags: Drivers, Driver Safety, Safety, Private Fleets, NPTC
April 14, 2014 - Industry News
Less-than-truckload carrier Old Dominion Freight Line will increase its base rates by an average of 4.3% effective May 1.
Tags: Old Dominion Freight Line, Fleets, Freight Rates
Bridgestone Commercial Solutions, part of Bridgestone Americas Tire Operations, announced that John Boynton, currently vice president, sales, BCS, has been promoted to the position of president, BCS, effective immediately.
Tags: People, Bridgestone Commercial Solutions
Connectivity continues making gains in and in the not too distant future every person, device and piece of equipment in trucking operation will be connected.
Tags: Fleet Management Software, Carrier Logistics, Fleets, Information Technology, FedEx, Pitt Ohio Express
The average price of diesel has moved lower for the fifth straight week and is at it lowest level in just over two months, but gasoline has posted its 10th consecutive hike.
Tags: Diesel Prices, Gasoline Prices, Oil Prices
Multi-mode freight transportation provider J.B. Hunt Transport Services on Monday reported first quarter 2014 net earnings of $68.7 million, or diluted earnings per share of 58 cents, compared to first quarter 2013 net earnings of $73.3 million, or 61 cents per diluted share.
Tags: J.B. Hunt, Fleets, Earnings
Veteran transportation legislator Tom Petri, R-Wisc., will not run for reelection this fall. Rep. Petri is scheduled to make the announcement Monday afternoon at a town hall meeting in Neenah, Wisc.
Tags: House Transportation and Infrastructure Committee, U.S. House of Representatives, Congress, Wisconsin
The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.
Tags: Economy, Retail Sales
In a year of a record amount of freight on the spot market, March was no exception with freight availability increasing 56% in March compared to the same time a year ago, according to the DAT North American Index.
Truckload carrier Knight Transportation has revised upward expectations for its first quarter earnings.
Tags: Fleets, Earnings, Knight Transportation
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