August 1, 2014 - Industry News
The number of jobs created in the U.S. posted its sixth straight month of being above the 200,000 mark in July but the number was softer than the previous month’s level.
Tags: Economy, Unemployment, Manufacturing, Employment
The southbound lanes of I-495 through Wilmington, Del., have opened a month ahead of schedule following the realignment of the southbound lanes of the I-495 bridge spanning the Christina River, according to the state DOT.
Tags: Delaware, Road Construction
A leading transportation researcher has characterized a report prepared for the railroad-funded Railway Supply Institute on the safety of larger trailers in trucking as fatally flawed.
Tags: ATA, American Trucking Associations, Research, Safety & Compliance, Trailers, Longer Combination Vehicles, Railroads, UMTRI
Vikas Jain, formerly an executive with Omnitracs, has been named the new chief operating officer for Zonar.
Tags: Zonar, People, Omnitracs, Vikas Jain, telematics, Information Technology
July 31, 2014 - Industry News
The Senate Thursday night approved a $10.8 billion House bill to keep the Highway Trust Fund solvent through next May. This ensures that highway funding will continue for the next 10 months.
Tags: Highway Trust Fund, U.S. Congress, Legislation, Highway Funding
In early July, a top Daimler Trucks official told reporters that fellow German company Volkswagen would make a bid to buy American truck maker Paccar. VW denied it the rumor at the time, and now Paccar has come out with a statement as well.
Tags: PACCAR, Volkswagen, Navistar, Global, Mergers & Acquisitions
YRC Worldwide Inc. cut it second quarter net loss to $4.9 million, or 16 cents per share, from $15.1 million, or $1.72 per share, from the same time a year ago.
Tags: Earnings, YRC Worldwide, YRC Freight
Congress is inching ever closer to the edge of insolvency for the Highway Trust Fund. On Thursday afternoon the House rejected the Senate’s bill to patch the Fund into December and sent its original bill back to the upper chamber.
Tags: U.S. House of Representatives, U.S. Senate, Highway Trust Fund, Legislation, Highway Funding, U.S. Congress
CRST International’s Board Chairman John Smith and President and CEO, Dave Rusch, broke ground on the former First Street Parkade site for the new $37 million world headquarters in downtown Cedar Rapids, Iowa.
Accuride Corp. says its Fix and Grow strategy is working, reporting operating income for the second quarter doubled year over year. The first half of 2014 is the first time it's reported positive net income since 2007.
Tags: Wheels, Accuride, Earnings, Brake Drums
Daniels Tired Service, a 14-location commercial, consumer and OTR tire dealership is celebrating 75 years as a Goodyear Tire and Rubber customer.
Tags: Goodyear, California, Tires, Company Anniversaries, Dealers
The asset-light trucking and logistics service provider, Roadrunner Transportation Systems, has reported a small increase in its second quarter profit while revenue gained 36.6%.
Tags: Roadrunner Transportation, Earnings
Sales were down slightly for Meritor in its third fiscal quarter, but partly thanks to a settlement of an antitrust suit with Eaton, it saw net income of $234 million, compared to a net loss of $38 million in the same period last year.
Tags: Meritor, Aftermarket, Earnings
“While continuing the work of implementing our turnaround plan, the progress we are making is evident in virtually every area of our business,” said President and CEO John Simone.
Tags: Earnings, USA Truck
A new study has confirmed that state enforcement disparities create uneven safety playing fields for motor carriers that have different operating patterns and mileage exposure in the lower 48 states.
Tags: CSA, ATRI, Enforcement
Less-than-truckload carrier, Old Dominion Freight Line, posted a 19.1% increase in its second quarter revenue while profit gained by a wider margin.
Tags: Old Dominion Freight Line, Earnings, Panther, ABF, ArcBest Corp.
Trucking company and logistics parent Con-way Inc. has reported second-quarter net income of $53.7 million, or 93 cents per diluted share. This compares to second-quarter 2013 net income of $42.9 million, or 75 cents per diluted share.
Tags: Earnings, Con-Way, Con-way Inc.
Penske Used Trucks opened its third used commercial truck dealership in the United States in Phoenix.
Tags: Penske, Arizona, Dealers, Used Trucks
Mack Trucks will open a new dealership in Cotulla, Texas, in late August. The new Valley Truck Centers’ will feature 22 service bays and offer new and used vehicles, parts delivery and road service -- and Mack's largest dealer pylon sign.
Tags: Mack Trucks, Dealers, I-35, Texas
July 30, 2014 - Industry News
A Senate hearing on truck safety was dominated by the ongoing struggle over the 34-hour restart provision of the hours of service rule. Anne Ferro, in what was probably her last congressional testimony before she steps down as chief of the Federal Motor Carrier Safety Administration, defended the restart.
Tags: Hours of Service, Senate Commerce Committee, 34-Hour Restart
Andersen Flaps has launched a new website at www.ecoflaps.com that highlights its Eco-flaps Splash Guards' fuel-saving and splash reduction benefits.
Tags: Andersen Flaps, Fuel Economy, New Website
Freight rates on the spot market, along with the number of loads available, have hit their typical seasonal slump, according to new figures released from the freight-matching service provider DAT.
Tags: Spot Freight, DAT Transcore, Freight Rates
The California Supreme Court issued a decision this week affirming the state’s labor and unemployment compensation laws are not preempted by federal statute, specifically the Federal Aviation Administration Authorization Act of 1994.
Tags: Drivers, California, Litigation, Independent Contractors
It totaled nearly $118.6 million compared to almost $111.9 while net revenue increased 10.2% to $521 million for the Minnesota-based company.
Tags: Earnings, C.H. Robinson
The automotive industry has been speculating for quite some time that the popular Mercedes-Benz Sprinter vans could get a smaller cousin in North America in the form of the Mercedes-Benz Vito van, and now it appears that it is indeed in the works.
Tags: Cargo Vans, Mercedes-Benz, Global, Daimler AG
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