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April 23, 2015 - Industry News

Economic Watch: New Homes Sales Mixed, Manufacturing Slows

Photo by Evan Lockridge

Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.

Tags: Economy, Manufacturing, Home Sales

April 23, 2015 - Industry News

Acquisition Costs Cut Into Forward Air Income

Freight transportation provider Forward Air Corp.'s first quarter profit fell more than 50% from a year earlier on 20% higher revenue.

Tags: Earnings, Forward Air

April 23, 2015 - Industry News

Trucks Move More U.S.-NAFTA Freight, Overall Level Declines

Percent change in value of U.S.-NAFTA freight flows by mode: February 2014 - February 2015. Graphic: U.S. DOT

Freight movements between the U.S. and Canada and Mexico fell in February, hitting its lowest level in terms of value since 2011, according to new U.S. Transportation Department figures.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Railroads, Surface Trade

April 23, 2015 - Industry News

Natural-Gas Trucks Not Part of Truck Sales Boom

Love's opened a fast-fill CNG station in Willis, Texas. Photo courtesy Love's.

Truckers are ordering new equipment in record numbers, but are not turning to natural gas fueled trucks as fast as had been projected two years ago, according to a new report from ACT Research.

Tags: ACT Research, Natural Gas Vehicles

April 23, 2015 - Industry News

Freightliner Adds Yokohama Tires to Truck Ordering

Freightliner will begin offering Yokohama truck tires as part of the ordering process on its medium- and heavy-duty trucks, the tire maker has announced.

Tags: Yokohama, Medium-Duty Trucks, Tires, Cabovers

April 22, 2015 - Industry News

Buffalo Con-way Freight Workers Reject Teamsters

Photo via Con-way Freight

The Teamsters union was defeated in a representation election at the Con-way Freight facility in Buffalo, N.Y. This marks the sixth election in which Con-way employees have voted against representation by the union.

Tags: Con-way Freight, Teamsters, Labor Unions

April 22, 2015 - Industry News

Great Western to Sell East Flatbeds

Photo: East Manufacturing

East Manufacturing has named Great Western Leasing & Sales Inc. in Fontana, Calif., as an authorized East dealer.

Tags: California, Trailers, Flatbeds, Dealers, East Manufacturing

April 22, 2015 - Product News

Freightliner Offers Efficient Packages for Cascadia

The Freightliner Cascadia is available with the AeroSmart and SmartAdvantage packages. Photo: Freightliner

The Freightliner Cascadia is now available with the AeroSmart and SmartAdvantage Powertrain packages designed to enhance efficiency and performance.

Tags: Cummins, Eaton, Freightliner, Freightliner Cascadia, Powertrains, Fuel Economy, Mid-America Trucking Show

April 22, 2015 - Industry News

Mitsubishi Fuso Displays Curb-Side Access Delivery Truck

Photo: Mitsubishi Fuso Truck of America

Mitsubishi Fuso Truck of America is displaying its new Canter route delivery truck at this week's NAMA OneShow, a trade show for automatic merchandizers and the U.S. vending industry.

Tags: Mitsubishi Fuso Truck of America, Canter FE, Route Delivery Truck

April 22, 2015 - Industry News

Huge Trailer Backlog Fuels Build but Slows Orders

Photo: Tom Berg

Net trailer orders in March saw an incremental increase over February as OEMs are still increasing build to meet the surge in orders from late last year.

Tags: OEM, Reefers, FTR, Flatbed, Trailer Orders, Dry Van

April 22, 2015 - Industry News

Werner Improves Income 61% in First Quarter

Photo by Evan Lockridge

Werner Enterprises Inc. on Wednesday reported its first quarter net income increased 61% from the same time last year, while total revenue moved just 1% higher.

Tags: Werner Enterprises, Earnings

April 22, 2015 - Industry News

Cass Truckload Index Hits Record High, Intermodal Index Mixed

A measure of truckload rates shows it hitting an all-time high in March, increasing 5.1% from the same time a year ago.

Tags: Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Truckload, Freight Rates

April 22, 2015 - Industry News

2015 Ford F-150 Named Greenest Pickup

Photo: Ford

In time for Earth Day, AAA named the 2015 Ford F-150 SuperCab Lariat with EcoBoost gasoline as the greenest pickup truck in the segment in its 2015 "AAA Green Car Guide."

Tags: Ford F-150, AAA, Chevrolet Silverado, Ram 1500

April 22, 2015 - Industry News

Economic Watch: Existing Home Sales Spike in March

Existing-home sales in the U.S. jumped in March to their highest annual rate in 18 months, according to the National Association of Realtors on Wednesday. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.

Tags: Economy, Home Sales

April 22, 2015 - Industry News

Public Funding Leads to CNG Build Out in Pennsylvania

Photo courtesty of Penske

More than $1 million in public grants has funded 23 compressed natural gas trucks and a new Trillium CNG fueling station in Pottsville, Pa., set to open on Earth Day.

Tags: Penske Truck Leasing, Grants, Trillium CNG, CNG Fueling Stations, CNG, Natural Gas Vehicles

April 22, 2015 - Industry News

Knight Transportation Quarterly Profit Jumps 55.1%

Net income increased to $29.6 million from $19.1 million in the first quarter of 2014 while earnings per diluted share moved higher to 36 cents from 23 cents.

Tags: Earnings, Knight Transportation

April 22, 2015 - Industry News

Spot Freight Rates Drift Down Over Past Week

National average spot truckload rates drifted down during the week ending April 18 compared to the previous week, according to new figures from DAT Solutions and its network of load boards.

Tags: Spot Freight, Freight Rates, DAT Solutions

April 22, 2015 - Industry News

Persson Out, Scania’s Lundstedt in as Volvo Group’s Chief

Martin Lundstedt.  Photo: Sven-Erik Lindstrand

AB Volvo’s board of directors has named a Scania executive, Martin Lundstedt, as the president and chief executive officer of the Volvo Group, replacing Olof Persson, who has led the group for almost four years but is out immediately. Volvo Group is the corporate parent of Volvo Trucks and Mack Trucks in North America.

Tags: Volvo Group, Volvo Trucks, Mack Trucks, People

April 22, 2015 - Industry News

USPS Narrows List of Next-Gen Vehicle Builders

Photo of exising USPS vehicle via Wikimedia.

The U.S. Postal Service has chosen 15 possible manufacturers to build its next-generation delivery vehicle, including Fiat Chrysler Automobiles, Ford, Nissan, and Freightliner.

Tags: USPS, Delivery Fleets, Ford, Nissan, Freightliner, FCA, Vehicle Modifiers

April 21, 2015 - Industry News

Truck Tonnage Positive Going into Spring Season

Graph via ATA Truck Tonnage Index

American Trucking Associations’ For-Hire Truck Tonnage Index increased by 1.1% in March marking the 5th monthly increase in the past 6 months.

Tags: ATA, Freight, Truck Tonnage Index

April 21, 2015 - Product News

NationaLease/Decisiv Deal Aims to Improve Uptime

NationaLease announced an agreement with Decisiv to provide its customers with fleet tracking and reporting capabilities. The maintenance platform will be called NationaLease Fleet 20/20.

Tags: Telematics, Maintenance Management, NationaLease, Decisiv

April 21, 2015 - Industry News

FMCSA Still Seeking Drivers for 34-Hour Restart Study

Photo: J.J. Keller

The Federal Motor Carrier Safety Administration is still seeking volunteer truck drivers for its 34-hour restart study.

Tags: FMCSA, HOS, 34-Hour Restart, Restart Study

April 21, 2015 - Industry News

Echo Global Buys Command Transportation for $420 Million

Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.

Tags: Earnings, Mergers & Acquisitions, Echo Global Logistics

April 21, 2015 - Industry News

Paccar Increases First Quarter Profit 38%

Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.

Tags: PACCAR, Earnings, Global, DAF, Peterbilt, Kenworth

April 21, 2015 - Industry News

Penske, Calif. County Win EPA Clean Air Award

Photo courtesy of Penske.

The U.S. Environmental Protection Agency recognized Penske Truck Leasing and Sonoma County Fleet Operations as two of the seven winners of its Clean Air Excellence Award.

Tags: EPA, Penske Truck Leasing, Emissions Reduction, Awards, Sonoma County, California, Alternative Fuels

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