April 29, 2015 - Industry News
The mainly less-than-truckload carrier Saia Inc. saw its first quarter profit move higher, according to its earnings report released Wednesday.
Tags: Earnings, Saia, LTL
The number of available loads on the spot truckload market decreased 2.4% while capacity increased 4.5% during the week of April 25 compared to the previous week, according to DAT Solutions, which operates the DAT network of load boards.
Tags: Spot Freight, Freight Rates, DAT Solutions
April 28, 2015 - Industry News
At the National Private Truck Council annual meeting, economist Kenny Vieth declared private fleets are now “sitting in the catbird seat” because they are “poised for growth” as the economy keeps gaining speed and freight volumes keep rising.
Tags: National Private Truck Council, ACT Research, NPTC, Freight, Economy, Private Fleets, Information Technology
Paccar is recalling 443 model year 2015-2016 Peterbilt 220 and Kenworth K300 trucks for a problem with the cruise control decrease button, according to the NHTSA.
Tags: Kenworth, PACCAR, Peterbilt, Recalls, Peterbilt Model 220
Port truck drivers from four trucking companies continued picketing at the Ports of Los Angeles and Long Beach, disrupting cargo operations across Southern California as far south as the border.
Tags: Ports, Teamsters, Strikes, Port Trucking, Independent Contractors, Intermodal, Labor Unions
Truckload carrier Celadon Group Inc., reported its profit in the first quarter of the year more than doubled from the same time a year ago.
Tags: Celadon Trucking Services, Earnings
A measure of U.S. consumer confidence fell in April, its biggest drop since October 2013 and the lowest level in four months.
Tags: Economy, Consumer Confidence
Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.
Tags: UPS, Earnings, UPS Freight, LTL
Cummins Inc. reported its first quarter profit increased 14% from the same time a year ago, totaling $387 million, driven by stronger demand in on-highway markets and distributor acquisitions in North America.
Tags: Cummins, Earnings, Engines
April 27, 2015 - Industry News
Swift Transportation Co. tripled its net income in the first quarter of the year, totaling $37.8 million, or diluted earnings per share of 26 cents, compared to $12.3 million, or 9 cents per share a year earlier.
Tags: Earnings, Swift Transportation
The average U.S. cost of on-highway diesel moved higher on Monday for the second straight week as oil prices also gained last week.
Tags: Oil Prices, Diesel Prices, Gasoline Prices
Truck component supplier Accuride Corp. nearly broke even the first quarter of the year after losing more money a year earlier.
Tags: Accuride, Earnings, Wheels, Gunite
A legal challenge of the Environmental Protection Agency's greenhouse gas emissions standards for heavy-duty trucks has failed after an appeals court found the California trucking groups that had filed suit lacked standing.
Tags: California, EPA, GHG Emissions, Owner-Operators, Litigation, California Construction Trucking Association
Hundreds of truckers from companies servicing the Ports of Los Angeles and Long Beach have walked off the job to protest what they say are unfair labor practices due to improper employee classification.
Tags: Ports, Teamsters, Strikes, Independent Contractors, Intermodal, Labor Unions
A Volvo Group subsidiary is investing in Peloton Technology, which is working on a truck "platooning" system that would save fuel and reduce congestion by allowing trucks to travel in a close-following "platoon" on the highway.
Tags: Self-Driving Vehicles, Volvo Group, Truck Platooning, Peloton Technology
Growth in the U.S. service sector during April eased from a seven-month high in March, according to the financial information services provider Markit, but numbers still point to strong start to the second quarter.
Tags: Economy, Non-Manufacturing
Omnitracs, LLC has launched an informational website on the upcoming electronic logging device mandate-- www.ELDfacts.com.
Tags: FMCSA, ELD, Omnitracs, ELDs, NPTC
April 25, 2015 - Industry News
A truck crash that killed five nursing students in Georgia is leading to renewed calls from one safety advocacy group for mandating collision avoidance systems on heavy trucks.
Tags: Collision Avoidance
April 24, 2015 - Industry News
March used Class 8 truck sales jumped 14% over February to 2,770 units for the month according to the latest report from ACT Research.
Tags: Class 8, ACT Research, Used Truck Sales
The OOIDA has provided the FMCSA and the NHTSA with research showing a lack of scientific evidence supporting a speed limiter mandate and saying that enforcing the rule would make highways less safe.
Tags: FMCSA, Speed Limiter, OOIDA, NHTSA
Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.
Tags: Economy, Durable Goods
The American Trucking Associations remains committed to seeing a surface transportation package passed this year that will ensure a long-term fix for the Highway Trust Fund.
Tags: CSA, Highway Trust Fund, ELDs, Highway Bill, FMCSA, Regulations, American Trucking Associations
April 24, 2015 - Product News
Kalmar Ottawa and Orange EV are collaborating on a zero-emission, electric terminal tractor. The companies will incorporate Orange EV’s technology into the Kalmar Ottawa T2 terminal tractor.
Tags: Orange EV, Electric Terminal Trucks, Terminal Tractors
The holding company for trucking companies Covenant Transport and others moved to a profit from a loss in the first quarter of the year.
Tags: Earnings, Covenant Transportation Group
Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.
Tags: Earnings, Landstar System
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