TopNews

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July 27, 2016 - Industry News

Earnings Watch: Covenant, Knight, Roadrunner See Lower Profits

Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.

Tags: Economy, Covenant Transport, Roadrunner Transportation, Knight Transportation, Echo Global Logistics, Covenant Transportation Group, Fleet Earnings

July 27, 2016 - Industry News

Mercedes-Benz Breaks Ground on $500M Van Plant

South Carolina Gov. Nikki Haley (right) presents a gift to Volker Mornhinweg, Head of Mercedes-Benz Vans. Photo: Paul Clinton

Mercedes-Benz will shift production of vans it sells in the U.S. and Canada to North Charleston, S.C., by the end of the decade with a plant that nearly triples its existing manufacturing footprint.

Tags: Cargo Vans, Mercedes-Benz, Mercedes-Benz Sprinter, Mercedes-Benz Metris, Assembly Plants, Elected Leaders, Auto Truck Group, Knapheide

July 27, 2016 - Industry News

New Isuzu Facility Aims to Serve Dealers and Customers

Isuzu's new Center of Excellence facility. Photo: Isuzu Commercial Truck of America

Isuzu Commercial Truck of America has opened a new complex that it is calling the Center of Excellence, comprised of a parts distribution center, training and technical assistance facility.

Tags: Parts, Isuzu Commercial Truck of America, Distribution, Truck Dealers, Training

July 27, 2016 - Industry News

China Looks to Revive the Silk Road With UN Agreement

A map of the countries that are part of the TIR system. Source: United Nations Economic Commission for Europe.

China has taken a key step toward developing an international economic corridor for trade with the European Union and the rest of the world with the ratification of the United Nations TIR Convention.

Tags: China, Global, United Nations

July 27, 2016 - Industry News

Used Class 8 Truck Sales Jump 15%

Same-dealer sales volumes of Used Class 8 trucks recovered in June, posting a double digit month-over-month increase following a sharp decline in May.

Tags: Class 8, ACT Research, Used Trucks, Used Truck Sales

July 27, 2016 - Industry News

Spot Market Van, Reefer Rates Fall From Seasonal Highs

National average spot freight rates for dry vans and reefers each slipped slightly over the past week while the average flatbed rate made a small gain for the third consecutive week, according to new figures from DAT Solutions, based on its network of load boards.

Tags: Spot Freight, Freight Rates, DAT Solutions

July 27, 2016 - Industry News

Economic Watch: Durable Goods Dive, New Home Sales Jump

While new orders for manufactured durable goods plunged in June, a closely watched economic indicator inside the preliminary Commerce Department report released Wednesday shows a gain for the first time in three months, as a separate report shows a big hike in new home sales and another is calling for even better retail sales.

Tags: Economy, Retail Sales, Durable Goods, Manufacturing, Home Sales

July 27, 2016 - Industry News

Mercedes-Benz Expands Van Offerings, Adds Ship-Thru

Photo of Mercedes-Benz Metris mid-size van courtesy of MBUSA.

Mercedes-Benz Vans is introducing a turnkey “ship-thru” upfitting program for its Metris mid-size van and for Mercedes-Benz and Freightliner full-size Sprinter vans. The OEM is also rolling out a value-priced Metris Worker model, as well as expanding its Worker lineup for the Sprinter.

Tags: Mercedes-Benz, Mercedes-Benz Metris, Mercedes-Benz Sprinter, Ship-Thru

July 26, 2016 - Product News

2017 Ford Super Duty Pickups to Use F-150 Aluminum Cabs

Like all new SuperDuty pickups, this F-450 SuperCrew has an aluminum cab, front fenders, hood and cargo bed. Photos by Tom Berg.

The change to high-volume F-150 cabins cuts costs and weight, and adds interior room for SuperCab and SuperCrew buyers.

Tags: Pickup Trucks, Ford, Lightweighting, Large Pickups, Ford Super Duty, Aluminum, 2017-MY

July 26, 2016 - Industry News

Earnings Watch: Hub, C.H. Robinson, Wabash National, Rush Enterprises

The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.

Tags: Economy, Truck Sales, 3PL, Rush Enterprises, Earnings, Wabash National, C.H. Robinson, Hub Group, Fleet Earnings

July 26, 2016 - Industry News

Investors Show Increased Interest in Uber-Like Trucking Startups

Image via Transfix

Money is lending credibility to a new crop of Uber-like trucking startups, with two large investment firms recently spending millions of dollars to fund the startups Transfix and CargoX.

Tags: Investment, Freight, Load Board, Uber, Shipping Service, Freight Uberization

July 26, 2016 - Industry News

Reading Group Offers Online Inventory Access

Photo courtesy of The Reading Group.

Work Truck Solutions has partnered with The Reading Group to provide up-to-date bailment pool inventory online.

Tags: Bailment Pool, The Reading Group, Work Truck Solutions, Online Inventory

July 26, 2016 - Industry News

CVSA Brake Check Puts 12% Out of Service for Violations

The Commercial Vehicle Safety Alliance held its annual, unannounced brake check day on May 4, inspecting 6,128 vehicles in the U.S. and Canada.

Tags: Brake Safety Week, ABS, CVSA, Inspections, Air Brakes, Brakes

July 26, 2016 - Industry News

Trailer Technicians Added to TMC National Skills Competition

American Trucking Associations’ Technology & Maintenance Council has added a new competition track for trailer technicians at its TMCSuperTech 2016 National Technician Skills Competition.

Tags: ATA, TMC, Competition, Technicians, TMCSuperTech

July 26, 2016 - Industry News

Paccar Profits Up Despite Slower Truck Sales

UPDATED -- The parent company of truck makers Kenworth and Peterbilt reported an increase in second quarter earnings despite lower revenue, but it's in the red for the first half of the year due to a big fine.

Tags: Earnings, Paccar, Truck Sales

July 25, 2016 - Industry News

Diesel Fuel Prices Continue to Drop

The average price of diesel fuel fell again last week, continuing a steady decline in prices that began over a month ago.

Tags: Gas Prices, Fuel Prices, Diesel Prices

July 25, 2016 - Product News

Mack Uses Virtual Reality to Show Off Vehicles, Technologies

Screenshot via Mack Trucks

Mack Trucks is offering customers a 360-degree virtual reality tour of its trucks to show what it is like to sit in the cab and ride in a vehicle while on the job.

Tags: Mack Trucks, Pinnacle, mDrive, Virtual Technology, Mack Granite

July 25, 2016 - Industry News

ATRI Asks for Input on Industry Concerns

The American Transportation Research Institute has launched the 2016 Top Industry Issues Survey, collecting information from industry stakeholders on the top issues affecting trucking,

Tags: Survey, ATRI, Industry Concerns

July 25, 2016 - Product News

Gorilla Safety Offers GPS Asset and Vehicle Tracking

Fleet and safety management software company Gorilla Safety has developed Gorilla Trax, a GPS asset and vehicle tracking technology.

Tags: GPS, Vehicle Tracking, Asset Tracking, Gorilla Safety

July 25, 2016 - Industry News

Omni Holdings Buys Flatbed Assets of Tennant Truck Lines

Photo: Omni Specialized

Omni Holdings’ offshoot Omni Specialized will be in full operation after it acquired the flatbed assets of Tennant Truck Lines, the company announced.

Tags: Flatbeds, Mergers & Acquisitions, Tennant Truck Lines

July 24, 2016 - Product News

Cummins: New X15 Engine Offers High Performance, Economy, Reliability

X15 diesels showed quick throttle response and strong acceleration on the TRC's tracks. Engine brakes were impressively strong, even at low rpm's.

Cummins officials say their next-generation X15 heavy-duty diesel series will offer new value through economy, performance, reliability and support when it replaces existing ISX15 models in January 2017. A year later, a new X12 will supersede the current ISX12.

Tags: Cummins, Cummins X15, Vehicle Performance, Fuel Economy, Engines, Diesel Engines

July 22, 2016 - Industry News

Tesla's Master Plan Includes Commercial Trucks

Photo of Elon Musk in 2013 via Dan Taylor/Flickr.

Tesla Motors' CEO Elon Musk plans to build a battery-electric pickup truck, heavy-duty truck, and a bus that would turn the driver into a "fleet manager," according to his Master Plan, Part Deux.

Tags: Tesla Motors, Battery-Electric Vehicles, Class 8, Electric Trucks

July 22, 2016 - Industry News

Proper Spec'ing Helps Septic Service Improve Productivity

Photo courtesy of Kenworth.

McNel Septic Services in Ravensdale, Wash., has doubled productivity on a route by properly spec'ing a Kenworth T880 to maximize payload while still being nimble enough to maneuver in residential neighborhoods, according to Kenworth.

Tags: Kenworth, Vocational Trucks, Kenworth T880, Spec'ing

July 22, 2016 - Industry News

Quantum Fuel Systems Bought by Private Equity Firm

Compressed natural gas fuel systems maker Quantum Fuel Systems Technologies has been acquired by Douglas Acquisitions, a Northern California-based private equity firm.

Tags: Mergers & Acquisitions, CNG, Quantum Fuel Systems Technologies

July 22, 2016 - Industry News

Westport Fuel Systems Names New CEO

Nancy S. Gougarty Photo: Westport Fuel Systems

Westport Fuel Systems named Nancy Gougarty the company’s chief executive officer, effective immediately to replace the retiring David Demers.

Tags: Leadership, Alternative Fuels, People, Westport, Natural Gas

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