Although a "cavalcade of regulations" is expected to make it harder than ever to find drivers, an economy that continues to grow at a sub-potential rate means fleets don't have a lot of leverage when it comes to raising rates, according to John Larkin and fellow transportation analysts at the Stifel Nicolaus investment firm.
Truck and engine manufacturer Navistar International announced a fiscal third quarter 2013 net loss of $247 million compared to third quarter 2012 net income of $84 million. Earlier this month, the company began implementing new cost-reduction initiatives, including a reduction in its workforce.
The Federal Motor Carrier Safety Administration is testing a new approach to screening new entrants into the business, in hopes of saving money and improving efficiency. In July the agency began a year-long test of a pre-screening process designed to identify high-risk applicants that need an on-site safety review and give low-risk applicants a way to file their information electronically.
Truckload Carriers Association is asking for nominations for its 6th Annual Best Fleets to Drive For survey and contest. Company drivers and owner-operators may nominate trucking companies through 5 p.m. on Nov. 1.
Brenntag, a distributor of Diesel Exhaust Fluid, strengthens their North American DEF infrastructure by adding 10 dedicated DEF tankers and installing 15 additional bulk Diesel Exhaust Fluid storage tanks.
Help Inc., the public-private partnership that provides PrePass and other truck safety services throughout North America, elected new officers and executive committee members during its 20th Annual Meeting in Park City, Utah last week.
The average marginal cost per mile in 2012 was $1.63, a slight decrease from the $1.71 found in 2011, according to the American Transportation Research Institute's latest update to An Analysis of the Operational Costs of Trucking.
Truck Bodies and Equipment International Inc. has hired Henry Bell to the newly created position of vice president, sales and marketing for all TBEI brands.
On Friday, Sept. 6, the $100 discount for early registration ends for the 2013 Green Fleet Conference & Expo. The Conference is in Phoenix on Oct. 1-2.
New figures show overall sales increased 17% in August compared to the month before, to an annual rate of 16.1 million vehicles, marking the best month since October 2008, before the worst of the U.S. economic recession.
Former trucking company executives Sergio Lagos, Aurelio “Jim” Aleman, and Oscar Barbosa were arrested following the return of a six-count federal indictment charging wire fraud and conspiracy to commit wire fraud.
Sales of cars, light trucks and SUVs in the United States remain high amid signs the public has no intent of cutting back on purchases, good news for fleets that haul everything from raw materials to components to delivering new cars to dealers.
Eaton recently discontinued its Hydraulic Launch Assist system, a parallel hydraulic hybrid well-suited to the stop-and-go world of refuse trucks. That leaves the RunWise Advanced Series Hybrid drive system from Parker to serve the market, where both systems had built up some market share.
Rapid adoption of compressed natural gas usage by various organizations has led to an exponential increase in use at Nopetro’s Leon County-based fueling facility, announced company CEO Jorge Herrera.
In too many cases we have seen government state laudable goals in its laws while at the same time doing little or in some cases working against those goals from being achieved. This unfortunately appears to be the case with the federal transportation reauthorization act, known as MAP-21, when it comes to freight policy.
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