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December 17, 2014 - Industry News

Hendrickson Completes MBHA Deal

Following the agreement on the acquisition of the leaf spring and stabilizer segments of the Austrian Frauenthal Group in June 2014, Hendrickson has completed the sale of its 50% stake in Muelles y Ballestas Hispano-Alemanas, S.A. to InvestZiur.

Tags: Hendrickson, MBHA

December 17, 2014 - Industry News

Federal Reserve: Economy Expanding at ‘Moderate Pace’

Federal Reserve Building. Photo by AgnosticPreachersKid via Wikipedia.

The U.S. Federal Reserve on Wednesday indicated it believes the American economy continues to expand at a moderate pace and would be able to handle a small hike in short-term interest rates.

Tags: Economy, Federal Reserve

December 17, 2014 - Industry News

New Jersey Tops List of Truck Freight Congestion

The George Washington Bridge: Photo via Wikipedia Commons.

The George Washington Bridge in Fort Lee, N.J. topped the list of the most congested locations for truck freight, according to analysis from the American Transportation Research Institute.

Tags: New Jersey, Traffic Congestion, ATRI, Freight, Bridges

December 17, 2014 - Industry News

Dart Increases Driver Pay, Offers Signing Bonuses

Dart announced increases in pay to drivers throughout the company’s network. Drivers will see anywhere from 2 cents to 10 cents per mile increases with the average increase being 5 cents per mile.

Tags: Dart, Driver Pay, Owner Operators, Dry Van

December 17, 2014 - Industry News

Restart Change Now in Effect

The pre-2013 34-hour restart rule is now in effect. On Tuesday President Obama signed the 2015 appropriations bill, which contains a provision suspending the more restrictive restart that went into effect as part of the hours of service rules enacted in July 2013.

Tags: FMCSA, Congress, 34-Hour Restart, Hours of Service, Enforcement

December 17, 2014 - Industry News

Rush Gives Out Awards for Tech Skills Rodeo

Belt buckles were given out to the winners of each division and trophies were awarded to the grand champions: Photo: Steven Martinez.

Rush Enterprises named technician Erick Lincoln of Albuquerque, New Mexico, its all-around champion for the company’s ninth Tech Skill Rodeo. The competition took place Dec. 15-16 at the Henry B. Gonzalez Convention Center in San Antonio, Texas.

Tags: Rush Truck Centers, Rush Enterprises, Awards, Technicians, Rush Tech Skills Rodeo, Dealers

December 17, 2014 - Industry News

Autonomous Vehicles Near for Delivery Work, Report Says

A trend report published by DHL outlines the potential of autonomous technologies in transportation and logistics, and that the industry is well suited to take advantage of such technologies.

Tags: Technology, Self-Driving Vehicles, DHL

December 17, 2014 - Industry News

FedEx Increases Quarterly Profit 23%

Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.

Tags: Fleets, Earnings, FedEx, FedEx Freight

December 17, 2014 - Industry News

Spot Market Freight Rates Down Over Past Week

Graphic: DAT Solutions

A rally in spot market freight rates seen last week turned out to be short-lived, with across-the-board declines being reported in new numbers from the freight matching service provider DAT Solutions.

Tags: Spot Freight, Freight Rates, DAT Solutions

December 17, 2014 - Industry News

Economic Watch: Consumer Prices Post Largest Drop Since 2008

Falling gasoline prices led to a sharp drop in U.S. consumer prices during November, the steepest rate in nearly six years, according to a U.S. Commerce Department released Wednesday morning.

Tags: Economy, Consumer Prices

December 17, 2014 - Industry News

Senate Confirms New Head of NHTSA

Mark Rosekind.

The Senate in a voice vote Tuesday confirmed Mark Rosekind to the top job at the National Highway Traffic Safety Administration.

Tags: NTSB, NHTSA, People

December 16, 2014 - Industry News

Survey: Majority of Respondents Are Optimistic About Industry

A recent survey from Transport Capital Partners took a simple approach to assessing respondents’ industry outlook by simply asking: Is trucking starting to be fun again?

Tags: Survey, TCP, Transport Capital Partners

December 16, 2014 - Industry News

TRALA Announces Death of President and CEO Tom James

Truck Renting and Leasing Association President and CEO Tom James died unexpectedly Monday night at his home in Arlington, Virginia.

Tags: Truck Renting and Leasing Association, Obituary

December 16, 2014 - Industry News

CSX Opens New Intermodal Terminal In Montreal

The Jacksonville, Fla.-based transportation company hopes to create opportunities for increased cross-border trade with the new terminal.

Tags: Intermodal, GSX

December 16, 2014 - Industry News

Economic Watch: New Home Starts Fall

Newly released figures show a drop in housing starts during November, with an even bigger decline in the number of new building permits issued -- but new home building remained above a 1 million unit annual rate for the third month in a row.

Tags: Housing Starts, Economy

December 16, 2014 - Industry News

East Manufacturing Redesigns Parts Center

Photo: East Manufacturing

East Manufacturing recently announced a redesign of its Parts Center at its headquarters in Randolph, Ohio.

Tags: Aftermarket Parts, East Manufacturing

December 16, 2014 - Industry News

Petri Cleared in Ethics Review

Rep. Tom Petri

Rep. Tom Petri did not violate House rules and the review of his conduct will be dropped, the House Ethics Committee said in a decision that comes just as Petri ends his 35-year career in Congress.

Tags: Congress, Rep. Tom Petri

December 16, 2014 - Industry News

ProMaster City Vans Built in Turkey with U.S Powertrains

ProMaster City is a beefed-up, Americanized version of the Fiat Doblo van.

Major components for the new Ram ProMaster City compact vans will cross the seas twice as part of assembly plans involving Europe, Eurasia and North America, Ram Commercial Truck executives said.

Tags: Cargo Vans, Ram Truck, Compact Vans, Ram ProMaster City, Turkey

December 16, 2014 - Industry News

Navistar Cuts Quarterly Loss by More Than Half

Navistar International Corp. on Tuesday announced it had cut its fiscal fourth quarter loss by more than half from the same time a year ago, while also reducing its loss for the entire fiscal year.

Tags: Navistar, Earnings

December 15, 2014 - Industry News

Average Diesel Cost Lowest in Nearly Four Years at $3.419

The average cost of on-highway diesel posted one of its biggest week-over-week declines of the year on Monday, hitting its lowest level since January 2011.

Tags: Oil Prices, Diesel Prices, Gasoline Prices

December 15, 2014 - Industry News

Researchers: CARB Regulations Accelerating Emissions Reductions

Photo: Lawrence Berkeley National Laboratory

According to a group of collaborating researchers, emissions at the Port of Oakland, Calif., have decreased dramatically due to more stringent California Air Resources Board (CARB) regulation.

Tags: CARB, California, SCR, DPF

December 15, 2014 - Industry News

Volvo Trucks Names 2014 North American Dealer of the Year

Chicago Truck owner Ron Meyering (second from right) and vice president Kevin Murtha (second from left) were awarded the 2014 Volvo Trucks North American Dealer of the Year award from (left) Göran Nyberg, president, Volvo Trucks North American Sales & Marketing and Terry Billings, Volvo Trucks vice president, business development (right). Photo: Volvo Trucks

Chicago Truck of Alsip, Ill., was recently recognized as Volvo Trucks' 2014 North American Dealer of the Year.

Tags: Volvo Trucks, Awards, North American Dealer of The Year

December 15, 2014 - Industry News

ODFL Raising Rates Early Next Year

The less-than-truckload carrier Old Dominion Freight Line Inc. said Monday it will implement a general rate increase averaging 4.5%, effective January 5, 2015.

Tags: Old Dominion Freight Line, Fleets, Freight Rates

December 15, 2014 - Industry News

Fontaine to Reopen Facility in Garland, Texas

Fontaine Modification Vocational Services will reopen its modification center in Garland, Texas, which has been closed since 2012, when most of the truck production that it supported moved out of the area.

Tags: Peterbilt, Fontaine Modification Vocational Services

December 15, 2014 - Industry News

Economic Watch: Industrial Production Surges, Homebuilder Optimism Slips

U.S. industrial production surged in November by 1.3% from the month before, the largest gain since May 2010, according to new U.S. Federal Reserve figures.

Tags: Economy, Industrial Production, Home Building

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