February 3, 2015 - Industry News
Net income totaled $585 million compared to $482 while earnings per diluted share moved higher to $1.23 from $1.
Tags: Eaton Corp., Earnings
Bridgestone Commercial hired Marshall Hyzdu as the vice president of marketing, taking over initiatives for OTR and commercial truck and bus product brands including Bridgestone, Firestone, Bandag and Dayton.
Tags: Leadership, People, Tires and Wheels, Bridgestone Americas Tire Operations
February 2, 2015 - Industry News
The average cost of on-highway diesel continues falling in most of the country, declining another 3.5 cents over the past week.
Tags: Oil Prices, Diesel Prices
President Obama has proposed $478 billion in spending on transportation infrastructure over the next six years in his $4 trillion budget proposal.
Tags: Barack Obama, Highway Funding, U.S. Congress
Annual cargo volumes handled at the Port of New York and New Jersey set a new record in 2014, surpassing the previous record set in 2012.
Tags: Intermodal, Ports, Port Trucking, Port of New York and New Jersey
February 2, 2015 - Product News
The International ProStar will be the first truck to offer Bendix’s Next Generation Active Safety System. The system will initially be available on ProStar sleeper models with ProStar daycab and LoneStar models to follow later in 2015.
Tags: Active Safety Systems, International, Bendix, ProStar
Consumer spending during December posted its biggest drop since September 2009, according to a new U.S. Commerce Department report on Monday.
Tags: Economy, Manufacturing, Consumer Spending, Construction Spending
A panel of industry leaders shared their thoughts on the current state of truck service during a discussion moderated by Gary Cummings, president and CEO of FleetNet America at the recent Heavy Duty Aftermarket Dialogue.
Tags: Vehicle Repairs, Aftermarket Parts, Rush Enterprises, Events, Roundtable Discussions
Replacing Green Fleet Conference & Expo traditionally held in October, the first annual Fleet Technology Expo is for all fleet types looking for ways to improve operational efficiencies.
Tags: Bobit Business Media, Green Fleet Conference, Fleet Technology Expo, Events, Fleet Events
Freightliner Custom Chassis Corp. has begun offering additional configurations of its S2G propane autogas vocational work truck, including a box truck recently provided to a California delivery fleet.
Tags: Class 7, Freightliner, Medium-Duty Trucks, Propane Autogas, Freightliner S2G, Delivery Fleets
With the price of oil being highly unpredictable it only makes sense for commercial and government fleets to choose natural gas-powered vehicles, according to NGVAmerica President Matt Godlewski.
Tags: Oil Prices, NGVAmerica, Natural Gas Vehicles
January 30, 2015 - Industry News
Seven U.S. port truck drivers last week won what a Teamsters Union-backed group called a “historic precedent-setting victory” against one trucking company, when they were awarded more than $2 million in a court challenge over claims of wage theft in the form of unlawful payroll deductions and expenses.
Tags: Truck Drivers, California, Ports, Teamsters, Litigation, Port Trucking
Cardinal Logistics Management Corp. has announced the appointment of Tom White as executive chairman of Cardinal and its parent company, Cardinal Logistics Holdings LLC.
Tags: People, Cardinal Logistics
FedEx Corp. announced on Friday it completed the acquisition of Genco Distribution System Inc., one of the largest third-party logistics providers in North America.
Tags: 3PL, Mergers & Acquisitions
The Truckload Carriers Association and the driver training company CarriersEdge have selected 20 trucking companies from across North America as top fleets in the Best Fleets to Drive For competition.
Tags: Truck Drivers, Competition, TCA, Best Fleets to Drive For, CarriersEdge, Truckload Carriers Association
I-270 in the St. Louis area in Illinois will be closed in both directions for two hours on Tuesday, February 3, to demolish a bridge that previously carried I-270 traffic just north of the city.
Tags: Illinois, Road Closure, I-270
The Office of Inspection General at the U.S. Transportation Department on Friday released new details in five separate legal cases against six people for crimes ranging from falsifying driver drug and alcohol test results to violating FMCSA out of service orders.
Tags: Office of Inspector General, Crime & Fraud, Crime
The truck and engine manufacturer Paccar Inc. on Friday reported record annual revenues of $18.99 billion and net income of $1.36 billion for 2014.
Tags: Kenworth, PACCAR, Peterbilt, Earnings
The less-than-truckload and logistics services provider Saia Inc. on Friday reported a significant hike in its fourth quarter net income, totaling $13.6 million compared to $8.1 million a year earlier.
Tags: Earnings, Saia
The American Trucking Associations has promoted four to new positions, including a new senior vice president of legislative affairs and vice president of highway policy.
Tags: American Trucking Associations, Associations, People
Bendix Commercial Vehicle Systems appointed John Kemer vice president and general manager, Valves and Modules. Kemer also becomes the newest member of the Bendix Leadership Committee and joins the two-person Controls Governance Board.
Tags: Bendix, People
A first look at one of the widest measures of the U.S. economy shows activity cooled in the fourth quarter of 2014.
Tags: Economy, GDP, Consumer Sentiment
Net income totaled $32.7 million while revenue increased 7% to $553.2 million. Earning per diluted share were up 49% to 45 cents.
Tags: Werner Enterprises, Earnings
January 29, 2015 - Industry News
Next steps for truck safety should be completion of the speed limiter mandate, more focus on traffic enforcement and improvements in the CSA safety enforcement system, a top Werner Enterprises official told a transportation panel of the Senate Commerce Committee.
Tags: Senate Commerce Committee, Congress, American Trucking Associations
Drivers are more satisfied with a percentage split pay compared to hourly or per mile methods, according to a recent study by Stay Metrics.
Tags: Recruiting, Driver Shortage, Driver Retention, Stay Metrics
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