February 18, 2015 - Industry News
XPO Logistics released financial numbers on Wednesday showing a net loss of $9.9 million for the fourth quarter of 2014, compared with a net loss of $10.6 million for the same period in 2013.
Tags: Earnings, XPO Logistics
Kenworth named MHC Kenworth – Colorado the 2014 Dealer of the Year and MHC Kenworth - Kansas City the 2014 PACCAR Engine Dealer of the Year at the Kenworth Dealer Meeting in Phoenix, Ariz.
Tags: Kenworth, PACCAR, Paccar MX Engine, Kenworth Dealer, MHC Kenworth – Kansas City, Awards
AMP Electric Vehicles' Workhorse E-Gen Truck features an extended-range electric drive, and a number of forward-thinking features, including a drone delivery system.
Tags: Delivery Truck, Federal Regulations, Commercial Drones, AMP Electric Vehicles, Workhorse
Singapore’s global container shipping and logistics company Neptune Orient Lines Ltd. has reached an agreement to sell its APL Logistics business for $1.2 billion.
Tags: Mergers & Acquisitions, Port Trucking, Intermodal
Ryder System has launched an online natural gas vehicle maintenance training program for its North American maintenance network.
Tags: Natural Gas Vehicles, Ryder System, Technician Training, CNG, LNG
The Federal Motor Carrier Safety Administration declared a small Aurora, Colorado-based trucking company to be an imminent hazard to public safety and ordered it immediately shut down on Feb. 12, according to a news release issued Wednesday.
Tags: FMCSA, Colorado, Safety & Compliance
Business conditions in the trucking industry improved dramatically the final month of 2014, according to a new report from the transportation forecasting firm FTR.
Tags: Economy, Research, FTR, Trucking Conditions Index
The amount of freight available to haul declined 4.5% the second week of February compared to the week before while capacity increased 10%, causing rates to slide in the major equipment categories for the third straight week.
Tags: Spot Freight, Freight Rates, DAT Solutions
A near-record setting winter storm brought below-zero temperatures and 6 inches of snow to Nashville, Tennessee, site of the 2015 Technology & Maintenance Council's Annual Meeting.
Tags: Tennessee, Technology & Maintenance Council, Winter
Goodyear Tire & Rubber Co. on Tuesday announced its net income in the final quarter of 2014 skyrocketed above the level from the same time a year earlier, hitting $2.13 billion.
Tags: Goodyear, Earnings, Goodyear Tire & Rubber, Tires
February 17, 2015 - Industry News
The Meritor booth at the Technology & Maintenance Council's 2015 Annual Meeting & Transportation Technology Exhibition has been humming this week with word of a new inflation system for tractors.
Tags: TMC, Meritor, ATIS
Fuel prices continue to recover from their lowest levels in years, with both diesel and gasoline increasing over the past week, according to new U.S. Energy Department figures released on Tuesday.
Tags: Oil Prices, Diesel Prices, Gasoline Prices
Fleets that optimize their electronic engine parameters for fuel economy can expect to see about a 0.5 mpg improvement in fuel economy, according to a new Confidence Report issued by the North American Council for Freight Efficiency at the Technology & Maintenance Council annual meeting.
Tags: Fuel Efficiency, Engines, NACFE, Technology & Maintenance Council
February 17, 2015 - Product News
ComFreight has announced a new API which integrates the company's applications with a customer's back office software.
Tags: Freight, API, Mobile Apps, ComFreight
Penske Used Trucks has doubled its commercial truck dealership footprint in North America, introducing centers in Dallas; metro Atlanta; and Ontario, Canada.
Tags: Used Truck Sales, Truck Dealers, Penske, Dealers
South Korean-based Hyundai announced it's making a big push in the commercial vehicle market, and published reports indicate it plans to introduce a van model into the U.S. market.
Tags: Hyundai, Cargo Vans, Global
Advantage PressurePro and Globe Tracker International ApS are partnering to bring intermodal customers the ability to track cargo and tire pressure information remotely.
Tags: Information Technology, Advantage PressurePro, Asset Tracking, Tire Pressure Monitoring Systems
Builder confidence in the market for newly built, single-family homes in February fell two points to a level of 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Tuesday.
Tags: Economy, Consumer Confidence, Home Building
One company that provides an alternative to idling big rigs at truckstops and truck terminals has plans for growth, including investing more money to fund a planned expansion.
Tags: Emissions, Truck Drivers, Idle Reduction, Truckstops, IdleAir, Air Pollution
For the third time in four years, Kenworth named Rihm Kenworth the company’s Medium Duty Dealer of the Year for the U.S. and Canada.
Tags: Kenworth, Medium-Duty Trucks, Dealers, Truck Dealers
February 16, 2015 - Product News
Volvo Trucks in North America extended its recommended maintenance intervals for diesel engine oil and diesel particulate filters on all model year 2011 and newer Volvo trucks equipped with Volvo’s D11, D13 or D16 engines.
Tags: Volvo Trucks, Diesel Particulate Filter, Engine Oils, Oil Drain Intervals
February 16, 2015 - Industry News
Non-asset based trucking and logistics provider Radiant Logistics Inc. managed to triple its net income during the most recent quarter, but it was still just barely in the black.
Tags: Earnings, Radiant Logistics
Volume plummeted 27% compared to the same time in 2014. It was the first year-over-year decline in 19 months for the index that measures spot truckload freight demand and capacity.
Tags: Spot Freight, Freight Rates, Freight Index, DAT Solutions
A Pennsylvania man has been sentenced by a federal court after pleading guilty earlier to charges of conspiracy to commit extortion in a household good moving scheme.
Tags: FMCSA, Office of Inspector General, Crime & Fraud, Household Goods Movers
Over the past several weeks, the logistics security services provider FreightWatch International has received reports of over 40 pilferage events at truckstops and highway pull-offs in one state.
Tags: Arkansas, Truckstops, Cargo Theft, FreightWatch, Crime, I-40, I-55
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