TopNews

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July 23, 2014 - Industry News

Heavy Truck Sales Increase of 74% Leads to Record Rush Profit

Photo: Rush Truck Centers Facebook page

Net income hit $19.8 million, or 49 cents per diluted share, compared to $5.6 million, or 14 cents per diluted share from the same time a year ago.

Tags: Truck Sales, Rush Enterprises, Earnings

July 23, 2014 - Industry News

Navistar Draws Another Lawsuit Over MaxxForce Engines

Another lawsuit has been brought against the truck and engine manufacturer Navistar over earlier model engines using exhaust gas recirculation technology, following other litigation that was filed earlier this month.

July 23, 2014 - Industry News

Knight Transportation Profit Gains 36%, New Business Unit Formed

Trucking company and logistics provider Knight Transportation has reported a second quarter profit showing a 36% increase from the same time a year ago.

Tags: Fleets, Earnings, Knight Transportation

July 23, 2014 - Industry News

OOIDA Praising Truckers’ Lawsuit Over Driver Safety Records

Six members of the Owner-Operator Independent Drivers Association filed a class-action suit against the Federal Motor Carrier Safety Administration last week under the Federal Privacy Act charging that the agency is unlawfully disseminating reports of driver safety records to potential employers.

Tags: FMCSA, Driver Safety, OOIDA, Litigation

July 23, 2014 - Industry News

Section of Pennsylvania Turnpike Gets Higher Speed Limit

The Pennsylvania Turnpike Commission on Wednesday placed a 70 mph speed limit on a 100-mile stretch of toll road in the south-central part of the state, up from 65 mph.

Tags: Pennsylvania, Highways, Safety & Compliance, Speed Limits, interstate, Pennsylvania Turnpike

July 23, 2014 - Industry News

Highway Funding Debate Pending in Senate

The Senate is poised to debate and vote on a patch to keep the Highway Trust Fund solvent until a long-term program can be funded. The question for debate is, how long will the patch last?

Tags: Legislation, Highway Funding, U.S. Senate, Highway Trust Fund

July 23, 2014 - Industry News

Landstar Posts Record Second Quarter Profit, Revenue

Photo: Evan Lockridge

Landstar System has reported record second quarter net income of $35.9 million, or 80 cents per diluted share, on record revenue of $814 million in the 2014 second quarter.

Tags: Fleets, Earnings, Landstar

July 23, 2014 - Industry News

Spot Freight Rates Remain Above Norm Despite Declines

Demand remained strong and rates were above the norm, despite a slight seasonal decline during the week ending July 19 compared to the previous seven days, according to the freight matching service provider DAT and its network of load boards.

Tags: Spot Freight, DAT Transcore

July 23, 2014 - Industry News

Daimler Trucks Posts Second Quarter Improvements

Daimler Trucks' Future Truck, unveiled earler this month. Photo: Evan Lockridge

German truck and automaker Daimler AG reported Wednesday that it’s third quarter underlying profit, along with earnings, both increased in the second quarter of the year.

Tags: Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America

July 23, 2014 - Industry News

Forward Air Profit Increases 24.6% in Second Quarter

Photo: Evan Lockridge

Forward Air has reported operating revenue for the quarter ended June 30, increased 21.3% to $193.9 million from $159.8 million for the same quarter in 2013.

Tags: Fleets, Earnings, Forward Air

July 22, 2014 - Industry News

Distracted Driving Kicks Off Fleet Safety Conference

Mike Pitcher talks about how his company, LeasePlan USA, implemented a cell phone policy.

The annual Fleet Safety Conference kicked off Tuesday with an opening keynote address by Mike Pitcher, president and CEO of LeasePlan USA, took a look at changing corporate safety culture, specifically talking about his company's adoption of a no-cell-phone ban.

Tags: Distracted Driving, Fleet Safety Conference, Events

July 22, 2014 - Industry News

South Carolina Sees 8% Increase in Container Volume

The SC Ports Authority reported a strong finish for the 2014 fiscal year on Monday with 8% container growth, an increase of 2% over projected plans.

Tags: Intermodal, South Carolina, Ports, Port Trucking

July 22, 2014 - Industry News

Former Omnitracs Executive Norm Ellis Named I.D. Systems COO

Ellis will be responsible for I.D. Systems' operations, including sales, marketing, customer service, implementation and support for the company’s wireless machine-to-machine asset management systems.

Tags: Information Technology, I.D. Systems, People

July 22, 2014 - Industry News

FMCSA Warning Carriers About Fraud Schemes

The Federal Motor Carrier Safety Administration is warning carriers to be on the lookout for new fraud schemes as thieves try to get financial or banking information.

Tags: FMCSA, Federal Motor Carrier Safety Administration, Crime & Fraud

July 22, 2014 - Industry News

Analyst Questions Filing Charges Against FedEx Over Drug Shipments

Photo via FedEx Facebook page

Why is the government filing charges against parcel delivery and trucking giant FedEx? That is the key question said the investment firm Stifel in a note to investors following FedEx disclosing last week it had been indicted by the federal government for allegedly engaging in unlawful distribution of controlled substances.

Tags: Law Enforcement, Crime & Fraud, Fleets, FedEx

July 22, 2014 - Industry News

Truck Tonnage Index Declines in June from May, Higher Versus Year Ago

Graphic: ATA

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.8% in June, following a revised 0.9% gain the previous month.

Tags: Economy, American Trucking Associations, Truck Tonnage, Truck Tonnage Index

July 22, 2014 - Industry News

Virginia Tech Transportation Institute Awarded $55 Million from FMCSA, NHTSA

Richard Hanowski

The Virginia Tech Transportation Institute has been awarded two federal contracts worth a combined potential $55 million to further study safety efforts for commercial truck drivers and conduct research in the field of automated vehicles.

Tags: Drivers, Truck Safety, Research, Virginia Tech Transportation Institute, Safety & Compliance, Automated Driving

July 22, 2014 - Industry News

Heartland Second Quarter Profit Moves 38.7% Higher

Photo: Evan Lockridge

Trucking company Heartland Express saw its second quarter net income increase 38.7% compared to the same time a year ago, while revenue skyrocketed 69.3% during the same time.

Tags: Fleets, Earnings, Heartland Express, Gordon Trucking

July 22, 2014 - Industry News

Economic Watch: Consumer Prices Gain Less, Existing Home Sales Best Since October

Photo: Pen Waggener via Wikimedia Commons

Consumer prices rose again in June, but the pace was less than it was the month before, according to the U.S. Labor Department.

Tags: Economy, Consumer Prices, Home Sales

July 22, 2014 - Industry News

Alcoa Wants Your Wheel Pix for Photo Sharing Contest

Truckers who share interesting photos of their trucks with Alcoa wheels can share them on Twitter and Instagram for a chance to win merchandise from the company.

Tags: Twitter, Wheels, Alcoa

July 21, 2014 - Industry News

Foxx Urges Congress to Act on Highway Funding

Transportation Secretary Anthony Foxx speaks to an audience in Birmingham, Ala. about the Highway Trust Fund in April. Photo: Evan Lockridge

Congressional passage of a short-term patch for the Highway Trust Fund will avert the immediate crisis but not be cause for celebration, said Transportation Secretary Anthony Foxx. Foxx and other transportation leaders are calling on Congress to preserve long-term funding for surface infrastructure.

Tags: Legislation, Congress, Highway Funding, Highway Trust Fund, Anthony Foxx

July 21, 2014 - Industry News

Average Diesel Cost Falls for Third Straight Week

UPDATED -- The average cost of on-highway diesel in the U.S. has fallen for the third consecutive week, hitting its lowest level since late November, according to new U.S. Energy Department numbers.

Tags: Oil Prices, Diesel Prices, Gasoline Prices

July 21, 2014 - Industry News

Truckers Sue FMCSA Over Motor Carrier Management Information System

A group of truck drivers has filed a federal lawsuit against the Federal Motor Carrier Safety Administration over records the agency keeps on carriers and drivers.

Tags: FMCSA, Drivers, Regulations, Massachusetts, Safety & Compliance, Litigation

July 21, 2014 - Industry News

All-Electronic Tolling Coming to N.Y. Thruway

Kapsch TrafficCom has received notice to proceed from the New York State Thruway Authority to develop, install and provide technical support for an all-electronic tolling system. This new system eliminates the need for Thruway drivers to stop or slow down at tolling points.

Tags: New York, Tolls, New York Thruway, Toll Management

July 21, 2014 - Industry News

Volvo Ordered to Pay EPA Penalties Over Non-Trucking Engines

Volvo Group, the parent of Volvo Trucks North America, has been ordered to pay penalties and interest of approximately $74.1 million to the U.S. Environmental Protection Agency regarding emission compliance of the company’s marine diesel engines.

Tags: Volvo, Volvo Trucks, U.S. EPA, Earnings, Litigation, Emissions

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