October 27, 2016 - Industry News
XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada's growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash.
Tags: Con-way Truckload, Mergers & Acquisitions, TransForce, XPO Logistics
Earnings for the parent of the mainly less-than-truckload carrier YRC Freight and others turned in a smaller third quarter numbers late Thursday, while one logistics operator also reported its profit is down from a year ago.
Tags: Economy, YRC Worldwide, YRC Freight, Fleet Earnings, Universal Logistics Holdings
Third-party transportation and logistics providers Sunteck Transport Group and TTS Holdings have merged to create a single $1 billion dollar company.
Tags: 3PL, Mergers & Acquisitions, Multimodal
October 27, 2016 - Product News
Truckstop.com has released its integrated Load Tracking solution with the company’s freight-matching marketplace and a new mobile app for carriers called Truckstop Mobile.
Tags: Freight, Load Board, Asset Tracking, Truckstop.com
Netradyne added three new artificial intelligence deep-learning features to its Driveri platform, including Traffic Light Detection, Relative Speed Determination and Pedestrian Identification.
Tags: Camera System, In-Vehicle Video, Netradyne
The total value of U.S. freight moved between Canada and Mexico during August posted its first year-over-year increase since December 2014, according to new Transportation Department figures.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, NAFTA
At a time when many trucking companies are reporting lower third quarter profits, two report slight gains – but they remain the exception rather than the rule.
Tags: Economy, UPS, Old Dominion Freight Line, Knight Transportation, UPS Freight, Echo Global Logistics, Hub Group, PAM Transport, Fleet Earnings
Paragon Software launched the latest version of its advanced transport solution, with a number of improvements to the Planning and Paragon Live modules.
Tags: Tracking, Routing, Paragon Software Systems
Shipments and new orders for long-lasting manufactured durable goods were varied in September. While home sales continue growing, one key economic indicator fell.
Tags: Economy, Durable Goods, Manufacturing, Home Sales
Mahle Engine Components has developed a lead-free bearing system for heavy-duty truck engines, engineered with polymeric coatings for better wear resistance to help engine manufacturers deal with new low-viscosity engine oils.
Tags: Diesel Engines, Bearings, Low-Viscosity Oil, Mahle
October 26, 2016 - Industry News
Indianapolis, Ind.-based Reliable Trailer Systems has joined the HDA Truck Pride network of independent parts and service providers.
Tags: Aftermarket Parts, HDA Truck Pride, Distributors, Parts and Service
The FTR Trucking Conditions Index saw an increase in August fueled by tighter capacity brought about by looming regulations.
Tags: Utilization, Freight, FTR, Trucking Conditions Index, Capacity
Used Class 8 same-dealer truck sales fell in September, reversing a growth trend that started in February, according to ACT Research.
Tags: ACT Research, Used Trucks, Used Truck Sales
As more trucking companies report third quarter earnings, most are showing profits are down from the same time a year ago – but there are a few exceptions.
Tags: Economy, Saia, C.H. Robinson, Fleet Earnings
October 25, 2016 - Industry News
American Trucking Associations has named 33 professional truck drivers as finalists to become captains on the 2017-2018 America’s Road Team.
Tags: Volvo Trucks, Awards, America's Road Team, Truck Driver Safety
October 25, 2016 - Product News
Jacobs Vehicle Systems has announced an optimized engine brake for the 2017 Cummins X15 engine designed to add additional braking power from the engine compared to past models.
Tags: Cummins, Jacobs Vehicle Systems, Engine Brake, Cummins X15
The Environmental Protection Agency and the National Highway Traffic Safety Administration have officially published the Phase 2 greenhouse gas/ fuel efficiency rule for commercial vehicles in the Federal Register.
Tags: Fuel Efficiency, EPA, Greenhouse Gas, Phase 2 GHG Proposals
Otto and Budweiser announced Tuesday that they have reached a major milestone on the road to autonomous trucking with the completion of the world’s first shipment using a self-driving truck.
Tags: Autonomous Vehicles, Otto
At a time when many trucking companies are reporting lower third quarter earnings, Swift Transportation bucked the trend, but truck and engine maker Paccar saw its earnings fall.
Tags: Kenworth, Paccar, Peterbilt, Earnings, Paccar Financial, Swift Transportation, DAF, Fleet Earnings
October 24, 2016 - Industry News
The deadline has been extended for the HDT Emerging Leaders honor. We're looking for young trucking industry leaders who are making a difference.
Tags: Leadership, Awards, Heavy Duty Trucking magazine, People
After two straight weeks of price increases, diesel prices have tapered off with a slight decline last week, according to the latest numbers from the Energy Department.
Tags: Gas Prices, Fuel Prices, Diesel Prices
Called Wingman Fusion by Bendix, the system uses radar and a forward-facing camera to detect and identify obstacles ahead, then warn the driver and soon apply the brakes.
Tags: driver safety, Volvo Trucks, Bendix, Bendix Commercial Vehicle Systems, Collision Mitigation
FTR’s Intermodal Competitive Index rebounded in August to a reading of 2.16, easing some of the concerns of the previous month’s weak reading, according to FTR.
Tags: Intermodal, Freight, FTR
October 24, 2016 - Product News
CarriersEdge has released a full suite of online vehicle inspection training courses for transportation companies and their drivers.
Tags: Training, Inspections, Online Tool, CarriersEdge, DVIR, Driver Training
A federal grand jury in Harrisburg, Penn., has indicted Joann Wingate for wire fraud, submitting false documents and aggravated identity theft for impersonating a commercial driver’s license medical examiner.
Tags: CDL, U.S. DOT, Fraud, Medical Examiners
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