April 23, 2014 - Industry News
Spot market freight rates have recovered somewhat after declining across the board last week, according to new numbers from the freight matching service provider DAT.
Tags: Freight, Spot Freight, DAT Transcore
UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.
Tags: Economy, Home Sales, Manufacturing
The truckload carrier Knight Transportation saw its first quarter profit surge 26% above the level from the same time a year ago, according to just released numbers.
The first known lawsuit stemming from a crash between a FedEx Freight truck and a bus that killed 10 people earlier this month has been filed.
Tags: Accidents, California, Safety & Compliance, Litigation, I-5, Interstate 5, FedEx
April 22, 2014 - Industry News
Sen. Tom Carper, D-Del., is a longtime supporter of raising federal fuel taxes to pay for highways and will float that idea with his colleagues as they draft the next highway bill. Carper sees a gradual fuel tax increase as a fiscally responsible approach to highway funding but is open to other ideas as well, according to his office.
Tags: Highway Funding, Highway Trust Fund, U.S. Senate, Congress, Fuel Tax, Gasoline Tax, Diesel Tax
Marangoni Tread North America announced that Gibson Tire Service in Charleston S.C. has converted their retread operation to the Marangoni family of products.
Tags: Tires, Marangoni, Tires and Wheels
Smith Electric Vehicles is alive and operating, even if it’s not building trucks for a while, according to Bryan Hensel, the specialty builder’s CEO and co-founder, refuting reports that the company had closed.
Tags: Smith Electric Vehicles, EVs
TravelCenters of America is now offering free WiFi in the restaurant dining rooms of 39 TA and Petro locations.
Tags: WIFi, Petro Stopping Centers, TravelCenters of America, Truckstops
Bedford Monday, CTP, general manager of Schwan Food, was elected chair of the National Private Truck Council Board of Directors at the group’s Annual Education Management Conference and Exhibition held April 13-15 in Cincinnati, Ohio.
Tags: NPTC, People
The American Transportation Research Institute on Tuesday released the findings of its evaluation of the Federal Motor Carrier Safety Administration’s field study report on the new hours-of0service rules.
Tags: FMCSA, Drivers, Regulations, ATA, American Trucking Associations, Research, American Transportation Research Institute, Hours of Service, Federal Motor Carrier Safety Administration, HOS, ATRI, Safety & Compliance
The largest network of commercial truck dealers in North America saw a drop in its first quarter profit despite a 26.7% gain in its revenue.
Tags: Truck Sales, Rush Enterprises, Dealers, Earnings
A new report forecasts the global commercial telematics market to grow from $17.3 billion this year to $39.15 billion in 2019, representing an compounded annual growth rate of 17.7%.
Tags: telematics, Economy, Information Technology
The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month, according to just released figures.
Tags: Economy, ATA, American Trucking Associations, Freight, Truck Tonnage
Anyone planning to conduct business with the state of Alabama involving their driver’s license will be out of luck for a few days beginning late Friday afternoon.
Tags: Drivers, Alabama, Commercial Driver's License
New figures show existing-home sales fell to their lowest level in more than 18 months during March, according to the National Association of Realtors, but the trend may be staring to ease.
Tags: Economy, Home Sales
Severe weather is being blamed for another downturn in profits by one of the nation’s largest trucking companies in the first quarter of the year.
Tags: Werner Enterprises, Earnings
Reports of Smith Electric Vehicles’ death may have been exaggerated. Published news stories quote the company’s president as saying it will restart operations in a few months with new financial backing, more efficient manufacturing and a revised line of battery-electric trucks.
April 21, 2014 - Industry News
Trucking and logistics provider Forward Air increased revenue the first quarter of the year but income fell compared to the same time in 2013.
Tags: Earnings, Forward Air
The average cost of diesel has turned around over the past week and decided to follow the path gasoline has been taking for nearly a dozen weeks.
Tags: Oil Prices, Diesel Prices, Gasoline Prices
The New York State Energy Research & Development Authority announced that Crosspoint Kinetics hybrid electric system qualifies for voucher funding.
Tags: New York City, NYSERDA, Alternative Fuels & Hybrids, Fuel Smarts
Marten Transport, a Wisconsin-based carrier, just announced a change to its automatic driver detention pay program, which will now compensate drivers after just one hour.
Tags: Marten Transport, Detention Pay, Drivers
Schneider is immediately hiring 200 professional truck drivers in Houston and the surrounding area to meet a wide variety of growing business needs across its customer base.
Tags: Drivers, Owner-Operators, Schneider National
Help Inc., the non-profit public/private partnership that provides PrePass weigh station bypass, continues to expand its e-screening and pre-clearance technology with the opening of two new Texas weigh stations.
Tags: Help Inc., PrePass
The time has come to take a close look at the minimum insurance requirements for trucking, says the Federal Motor Carrier Safety Administration. In a new report to Congress the agency said it is clear that the current minimums need to be reevaluated.
Tags: FMCSA, Insurance, Regulations
A measure of the health of the U.S. economy turned sharply higher last month, according to a report released Monday morning from the private research group The Conference Board.
Tags: Economy, The Conference Board, Leading Economic Indicators
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