May 6, 2015 - Industry News
According to the Florida-based company this was the result of an “intangible asset impairment charge” of just over $2 million, with an with an after tax impact to net income of $1.265 million, relating to its November 2013 purchase of Pipeline Transportation.
Tags: Earnings, Patriot Transportation, Florida Rock & Tank Lines
The Department of Transportation’s Office of Inspector General has announced it will audit the Federal Motor Carrier Safety Administration’s investigative practices for high-risk motor carriers.
Tags: FMCSA, DOT, Accidents
Cummins Westport has announced field-testing of a spark-ignited natural gas engine capable of producing near zero NOx emissions for use in refuse and transit applications.
Tags: Emissions, GHG, Natural Gas Engines, NOx, Cummins Westport ISL G, Cummins Westport
The number of available loads on the spot truckload market decreased 2.9% and capacity fell 1.8%, according to DAT Solutions, which operates the DAT network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions
The U.S. Postal Service could reduce its maintenance costs by $21.8 million a year by improving oversight of its mechanics and right-sizing staffing at vehicle garages, according to finding by the U.S. Office of Inspector General.
Tags: USPS, Maintenance Costs
Private sector, non-farm employment increased by less than 200,000 jobs in April for the second straight month, according to a new report released Wednesday.
Tags: Economy, Unemployment, Employment
The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.
Tags: Economy, ALK
Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.
Tags: Economy, Intermodal, IANA
The truckload and logistics services provider, Transport Corp. of America Inc., announced this week Scott Arves will be stepping down as president on June 1.
Tags: People, Transport America
United Parcel Service (UPS) will begin using renewable natural gas (RNG) in its fleet of delivery vehicles and tractors after signing a purchasing agreement with Clean Energy Fuels.
Tags: UPS, Clean Energy Fuels, Natural Gas Vehicles, RNG, Delivery Fleets
Fontaine Modification is recalling 3,571 Freightliner M2 trucks modified to have dual steering to fix brake lights that may not illuminate, according to federal records.
Tags: Freightliner, Fontaine Modification, Freightliner M2, Recalls, Steering System
May 5, 2015 - Industry News
Daimler Trucks North America introduced its new autonomous Freightliner Inspiration Truck Tuesday night at Hoover Dam, using the historic dam as the world's largest projection screen in its dramatic premier.
Tags: Freightliner, Nevada, Daimler Trucks North America, Autonomous Drive
Cummins Westport will begin producing the ISB6.7 G, a 6.7-liter dedicated natural gas engine for medium-duty trucks, shuttle buses, and vocational vehicles by the middle of 2016.
Tags: Medium-Duty Trucks, Natural Gas Engines, Cummins Westport, CNG, LNG
New bipartisan legislation introduced in the Senate could help bridge the highway funding gap by expanding the use of tax-exempt bonds and implementing a new tax credit to help state and local governments pay for infrastructure projects.
Tags: Highway Funding, U.S. Senate, Infrastructure Funding
McNeilus Truck & Manufacturing, a subsidiary of Oshkosh Corporation, has introduced a compressed natural gas (CNG) inspection services program for CNG-powered vehicle fleets, the refuse truck body manufacturer announced.
Tags: Refuse Trucks, Natural Gas Vehicles, CNG, McNeilus, Vehicle Inspection
"Thank you for looking at the impossible and finding a safe way to make it possible." That's what Nevada Gov. Brian Sondoval said to Daimler Trucks North America officials when he officially granted the first license for an autonomous commercial truck to operate on an open public highway in the United States.
Tags: Freightliner, Self-Driving Vehicles, Autonomous Drive
The Truckload Carriers Association has presented its annual Clare C. Casey Award to Dean Newell, Vice President of Safety and Training for Maverick Transportation, LLC.
Tags: Maverick Transportation, Truckload Carriers Association
Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.
Tags: Economy, Non-Manufacturing
The U.S. Supreme Court has denied motions seeking to overturn a ruling that upheld a California statute requiring a paid 10-minute rest break every four hours and a paid 30-minute meal period every five hours for truck drivers.
Tags: Drivers, Regulations, Penske Logistics, Supreme Court
California Gov. Jerry Brown has issued an executive order to establish a more aggressive greenhouse gas target for the state of a 40-percent reduction below 1990 levels by 2030.
Tags: Legislation, California, Greenhouse Gas
USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.
Tags: Earnings, USA Truck
Rush Enterprises' Momentum Fuel Technologies has introduced what it says is the industry’s first complete compressed natural gas fuel system solution for Class 6-8 trucks.
Tags: Natural Gas Vehicles, Rush Enterprises, Vocational Trucks
May 4, 2015 - Industry News
Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.
Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Bridge Terminal Transport
April Class 8 truck orders were down compared to March as well as to the previous year, according to preliminary data, but the drop was not unexpected.
Tags: Class 8, Truck Orders, FTR, ACT Research
XL Hybrids has begun offering the 2015 and 2016 Ford Transit van and wagon equipped with its XL3 gasoline-electric hybrid powertrain, the alternative-fuel conversion company announced.
Tags: XL Hybrids, Ford Transit, Full-Size Vans, Gasoline-Electric Hybrids
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