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April 28, 2015 - Industry News

Vieth: Private Fleets Sitting Pretty

As ACT Research's Kenny Vieth sees it, private fleets in this economy are clearly in scoring position.

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: Economy, National Private Truck Council, ACT Research, NPTC, Freight, Private Fleets, Driver Shortage, Information Technology

April 28, 2015 - Industry News

Peterbilt, Kenworth Trucks Recalled Over Cruise Control Problem

Photo via Peterbilt

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

April 28, 2015 - Industry News

Port Truckers Picket As Far South As Mexico Border

Photo via Justice for Port Drivers

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

April 28, 2015 - Industry News

Celadon Group More Than Doubles First Quarter Profit

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, Fleets, Earnings

April 28, 2015 - Industry News

Economic Watch: Consumer Confidence Lowest Since December

Photo: Revisorweb via Wikimedia Commons

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

April 28, 2015 - Industry News

UPS First Quarter Profit Tops $1 Billion

U.S. domestic package first quarter revenue increased 3.8% as daily package volume improved 2.4%. Photo: UPS

Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.

Tags: Fleets, Earnings, UPS Freight, UPS, LTL

April 28, 2015 - Industry News

Cummins First Quarter Profit Increases 14%

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 Triples First Quarter Profit

Photo by Evan Lockridge

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: Fleets, Earnings, Swift Transportation

April 27, 2015 - Industry News

Diesel Price Rises for Second Straight Week

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

April 27, 2015 - Industry News

Accuride Comes Close to First Quarter Profit

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

April 27, 2015 - Industry News

Court Deals Setback to Challenge of EPA GHG Regs

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

April 27, 2015 - Industry News

Port Truckers Strike Over Job Misclassification

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

April 27, 2015 - Industry News

Volvo Invests in Platooning Technology

Photo: Peloton

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

April 27, 2015 - Industry News

Economic Watch: Services Sector Growth Eases

Photo: Revisorweb via Wikimedia Commons

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

April 27, 2015 - Industry News

Omnitracs Launches ELD Information Site

Image: Omnitracs

Omnitracs, LLC has launched an informational website on the upcoming electronic logging device mandate-- www.ELDfacts.com.

Tags: ELD, Omnitracs, ELDs, FMCSA, NPTC

April 25, 2015 - Industry News

Georgia Crash Prompts Call for Collision Avoidance Mandate

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: Road Safe America, Collision Avoidance

April 24, 2015 - Industry News

Used Truck Sales Jump 14 Percent in March

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

April 24, 2015 - Industry News

OOIDA Lobbying Against Speed-Limiter Rule

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

April 24, 2015 - Industry News

Economic Watch: Durable Goods Orders Increase, Key Indicator Down Again

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

April 24, 2015 - Industry News

ATA Sticks to Fuel-Tax Hike as Best Trust Fund Fix

Photo: Jim Park

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, Orange EV Collaborating on Electric Terminal Tractor

The Orange EV T-Series electric terminal tractor. Photo via Orange EV

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: Kalmar, Orange EV, Electric Terminal Trucks, Terminal Tractors

April 24, 2015 - Industry News

Covenant Transport Turns Finances Around

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: Fleets, Earnings, Covenant Transportation Group

April 24, 2015 - Industry News

Landstar Reports Record Revenue, Earnings

Photo by Evan Lockridge

Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.

Tags: Fleets, Earnings, Landstar System

April 23, 2015 - Industry News

Increased Truck Sales Push Rush Profit Higher

Rush says its aftermarket activity in the energy sector remained steady this quarter, but activity has started to decrease slightly. Photo: Rush Enterprises

A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.

Tags: Truck Sales, Rush Enterprises, Dealers, Earnings

April 23, 2015 - Industry News

FMCSA May Reward Carriers for Going Beyond Safety Regs

Image: FMCSA

The Federal Motor Carrier Safety Administration is seeking public comment on its potential development of a program that would take into consideration a motor carrier’s “proactive voluntary implementation of state-of-the-art best practices and technologies” when evaluating the company’s safety program.

Tags: FMCSA, Driver Safety, Highway Safety, Safety, CSA

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