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February 4, 2014 - Industry News

Patriot Transportation Earnings Fall

The parent to liquid and dry bulk carrier Florida Rock and Tank lines reports earnings in the final three months of last year fell 25% from a year earlier, despite an increase in revenue.

Tags: Earnings, Patriot Transportation

February 4, 2014 - Industry News

GAO Highlights Shortcomings in CSA Program

The Federal Motor Carrier Safety Administration’s CSA safety enforcement program has been successful in some respects but needs improvements, says the Government Accountability Office. CSA has helped the agency expand its reach, among other benefits, but because of data shortcomings it is not as strong a predictor of crash risk as it could be, the watchdog agency said.

Tags: FMCSA, CSA, GAO, Regulations, Government Accountability Office

February 3, 2014 - Industry News

NHTSA Will Go Ahead with Vehicle-to-Vehicle Communications Initiative for Cars

The National Highway Traffic Safety Administration has decided to go ahead with a regulation that will require vehicle-to-vehicle communications systems in new cars. The move signals that trucks are likely to be included at some point in the future.

Tags: V2V, NHTSA, Information Technology

February 3, 2014 - Industry News

Diesel Cost Highest Since September, Prices Skyrocket in Northeast

Credit: U.S. DOE

Following record setting cold weather in parts of the U.S. the average cost of diesel has increased for the second straight week and hit its highest price since September, according to the U.S. Energy Department.

Tags: Oil Prices, Diesel Prices, Gasoline Prices

February 3, 2014 - Industry News

IPD and BU Drive USA Announce Joint Venture

Industrial Parts Depot and BU Drive USA, a BU Drive group company have announced the creation of a joint venture company named IPD Turbocharging Systems.

Tags: Remanufactured Parts, Turbochargers, IPD

February 3, 2014 - Industry News

EEOC Sues NFI Industries for Gender-Based Wage Discrimination

The U.S. Equal Employment Opportunity Commission recently filed a lawsuit for gender-based wage discrimination lawsuit against NFI Road Rail and NFI Industries.

Tags: NFI, Litigation, EEOC

February 3, 2014 - Industry News

Fleet Sentiment Report Shows Positive Signs for Q1 2014

Sixty-two percent of the fleet executives responding to the Q1 2014 Fleet Sentiment survey conducted by CK Commercial Vehicle Research in January indicated they planned to place orders for Class 8 trucks in the next three months.

Tags: Class 8, CK Commercial Vehicle Research, Trailer Orders

February 3, 2014 - Industry News

Economic Watch: January Manufacturing Slows, 2013 Construction Explodes

Photo: Evan Lockridge

Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, but retreated from levels seen in December, say the nation's supply executives.

Tags: Economy, Manufacturing, Construction Spending

February 3, 2014 - Industry News

Michigan DOT Turns Back Ambassador Bridge Haz-Mat Request

Thje Michigan Department of Transportation has determined that public safety would not be enhanced by allowing corrosive or flammable materials to cross the Ambassador Bridge in Detroit.

Tags: Surface Trade, Hazmat, Ambassador Bridge, Cross-Border Trucking, Michigan

February 3, 2014 - Industry News

XPO Prices Stock Offering at $25 Per Share

XPO Logistics has announced the pricing of public offering of 15 million shares of its common stock at a price of $25 per share and has granted the underwriters a 30-day option to purchase up to an additional 2.25 million shares.

Tags: XPO Logistics, Pacer International

February 3, 2014 - Industry News

Norfolk Southern Opens Rail Truck Transfer Terminal in Virginia

Norfolk Southern railway has opened a new rail truck transfer facility in Chesapeake, Va. to serve Hampton Roads-served markets, as well as markets overseas with its close proximity to nearby container terminals.

February 3, 2014 - Industry News

YRC Worldwide Successfully Closes $300 Million Debt Reduction

Trucking company parent YRC Worldwide has successfully completed a series of transactions that will cut its debt by approximately $300 million.

Tags: Drivers, Teamsters, YRC Worldwide, YRC Freight

February 3, 2014 - Industry News

FDA Proposes New Rules for Transporting Food

The U.S. Food and Drug Administration will officially propose a rule that would require certain shippers, receivers, and carriers who transport food by motor or rail vehicles to take steps to prevent the contamination of human and animal food during transportation.

Tags: FDA, Safety & Compliance, Freight, Regulations

January 31, 2014 - Industry News

Longer-Lasting Parts, Regulations Causing Changes In Parts Demand

Components and parts are lasting longer, which means fleets will be spending less on replacement parts. According to survey results from MacKay & Co. presented at the Heavy Duty Aftermarket Dialogue in Las Vegas, the most significant component longevity gains have been in power transmission.

Tags: Aftermarket, HDAW, MacKay and Co., HDAW 2014, Aftermarket Parts, HDMA

January 31, 2014 - Industry News

Bob Phillips Inducted Into HD Hall of Fame

Bob Phillips accepts his award at HDAW.

Bob Phillips, chairman and CEO of Phillips Industries, was inducted into the Heavy Duty Aftermarket Hall of Fame during Heavy Duty Aftermarket Week.

Tags: Phillips Industries, Aftermarket, Polk, People, HDAW, IHS Automotive, HDAW 2014

January 31, 2014 - Industry News

Paccar Reports Record Revenue for Last Year

Paccar has installed more than 51,000 of its MX-13 engines in Kenworth and Peterbilt trucks in North America since the start of production in 2010.

Paccar, the parent to truck makers Peterbilt and Kenworth, reported record revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion the year before.

Tags: Kenworth, PACCAR, OEM, Peterbilt, Earnings, Engines, Truck Sales

January 31, 2014 - Industry News

Saia, Celadon, Landstar Report Earnings

The average age of Celadon's company’s tractor fleet was 1.7 years as of December 2013 and the average age of the trailer fleet was 2.4 years. (Photo by Evan Lockridge)

Multiregional less-than-truckload carrier Saia reported improved fourth quarter and 2013 financial results, while truckload fleet Celadon had higher revenue but lower earnings, and asset-light Landstar System had record fourth-quarter revenue and higher earnings.

Tags: Earnings, Saia, Celadon, Landstar

January 31, 2014 - Industry News

Economic Watch: Consumer Spending Up, Sentiment Down

Consumer spending in the U.S. posted modest gains in December and all of last year, according to new Commerce Department figures.

Tags: Economy, Consumer Confidence, Consumer Spending

January 31, 2014 - Industry News

YRC Worldwide Successfully Amends Credit Agreement

YRC Worldwide continues to make progress when it comes to refinancing its debt following a preliminary agreement that was secured last month.

Tags: Teamsters, YRC Worldwide

January 30, 2014 - Industry News

Online Parts Ordering Becoming More Popular

Online parts ordering is a growing trend, based on results from a recent MacKay & Company survey on fleet parts purchasing, presented during Heavy Duty Aftermarket Week.

Tags: Aftermarket Parts, Aftermarket, MacKay and Co., HDAW, HDAW 2014

January 30, 2014 - Industry News

Field Study Proving Benefit of Restart Rule Draws Criticism

ATA and others are critical of results of a study on the new hours of service rules. (Photo by Jim Park)

A field test of the 34-hour restart provision of the new hours of service rule shows that the restrictions improve safety. The test found that the provision, which requires drivers to take two successive periods off between 1 a.m. and 5 a.m. during their once-a-week restart, is more effective at combating fatigue than the earlier rule, said the Federal Motor Carrier Safety Administration.

Tags: FMCSA, Hours of Service, HOS, ATA, American Trucking Associations

January 30, 2014 - Industry News

FMCSA Expands Cold Weather Emergency Declarations

The Federal Motor Carrier Safety Administration has expanded emergency declarations it issued earlier this month, waiving enforcement of some federal regulations for certain movements of propane and other home heating fuels due to shortages

Tags: FMCSA, Florida, Drivers, Hours of Service, North Dakota, Safety & Compliance, South Dakota, Propane Transport

January 30, 2014 - Industry News

DEF Prices Stable at Truckstops, Delivery Prices Increase in January

The new edition of DEF Tracker from the company Integer Research shows the average price for all diesel exhaust fluid bulk supply modes in the U.S. and Canada increased for all delivery modes compared with the previous month.

Tags: DEF, Truckstops, Engines, Diesel Exhaust Fluid

January 30, 2014 - Industry News

Three Bills Introduced to Promote Natural Gas Use in Trucking

U.S. Representatives Lee Terry, R-Neb., and Sam Graves, R-Mo., have introduced a trio of bills to promote the use of natural gas in long haul trucking.

Tags: Natural Gas, Congress, Natural Gas Vehicles, U.S. House of Representatives

January 30, 2014 - Industry News

Field Study Proves Benefit of Restart Rule, FMCSA Says

A field test of the 34-hour restart provision of the new hours-of-service rule shows that the restrictions improve safety, the Federal Motor Carrier Motor Safety Administration reports.

Tags: FMCSA, Drivers, HOS, Hours of Service

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