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January 27, 2014 - Industry News

Economic Expansion Likely To Continue

While some people are seeing optimism in housing starts, there's still a long way to go.

LAS VEGAS -- The economic expansion is likely to continue through the balance of the year, predicts Bob Dieli, president and founder of RDLB Inc., an economic research and management consulting firm.

Tags: HDAW, MacKay and Co., Housing Starts, Economy, HDAW 2014

January 27, 2014 - Industry News

XPO Announces Stock Sale, Reveals Preliminary Earnings Report

XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.

Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Pacer International

January 27, 2014 - Industry News

Covenant Net Income Doubles in Final Quarter of 2013

The parent to several freight transportation providers, including Covenant Transport, has released numbers showing net income doubled in the final quarter of the year, but there was a slight decline for all of 2013.

Tags: Covenant Transport, Earnings

January 27, 2014 - Industry News

Swift Transportation Income Up for 2013, Falls in Fourth Quarter

Photo: Evan Lockridge

Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.

Tags: Earnings, Swift Transportation, Fleet Financials

January 27, 2014 - Industry News

Three More Guilty Pleas in Federal Pilot Flying J Investigation

Photo: Evan Lockridge

More guilty pleas were secured on Monday as part of the federal probe into truckstop mega-chain Pilot Flying J, taking the total number up to 10 so far. Brian Mosher, the former national director for sales, admitted to one count of conspiracy to commit wire fraud and mail fraud before a federal judge in Knoxville.

Tags: Diesel Prices, Pilot Flying J, Crime, Truckstops, Fraud, Fuel and Oil

January 27, 2014 - Industry News

Average Diesel Cost Increases for First Time in Three Weeks

Credit: U.S. DOE

The cost of diesel has increased 3.1 cents from a week ago, the first in three weeks, for an average of $3.904 per gallon, according to new figures from the U.S. Energy Department.

Tags: Oil Prices, Diesel Prices, Gasoline Prices, Fuel and Oil

January 27, 2014 - Industry News

Administration Urges Quick Action on Highway Funding

Peter Rogoff

The Obama administration continues to send urgent signals that the Highway Trust Fund is in trouble. In remarks Monday to the American Trucking Associations Executive Committee, Peter Rogoff, acting under secretary at the Transportation Department, said the fund probably will run into the red before the program ends Oct. 1.

Tags: American Trucking Associations, Infrastructure Funding, U.S. DOT, Highway Funding, Anthony Foxx, Congress, Highway Trust Fund

January 27, 2014 - Industry News

SKF Appoints Tom O’Brien as President of SKF Vehicle Service Market, North America

SKF has announced the appointment of Tom O’Brien as president of SKF vehicle service market, North America business unit, effective immediately. O’Brien previously served as the interim president for SKF VSM, North America following the death of Mike McGrath in October.

Tags: Leadership, SKF

January 27, 2014 - Industry News

TravelCenters of America Opens First Location in Montana

TravelCenters of America, operator of the TA and Petro Stopping Centers travel center brands, has announced its network expansion into the state of Montana with the acquisition and rebranding of the newest TA, located at I-90, Exit 96 (8018 U.S. Hwy. 93 N.) in Missoula, Montana.

Tags: TravelCenters of America, Expansion, Truckstops, Fuel and Oil, Montana

January 27, 2014 - Industry News

Bendix Announces 2014 Brake Training School Schedule

Bendix has announced the 2014 schedule for its in-person Bendix Brake Training School, continuing its efforts to support and educate both new and experienced technicians.

Tags: Bendix, Aftermarket, Technician Training, Managing the Shop

January 27, 2014 - Industry News

Economic Watch: 2013 Home Sales Best in Five Years Despite December Decline

Sales of new homes in the U.S. fell 7% in December from the month before, following a November drop of 3.9% from the month before, according to a new U.S. Commerce Department report.

Tags: Economy, Home Sales

January 27, 2014 - Industry News

Joe Mejaly Named to Lead General Dynamics' AxleTech International

Joseph (Joe) L. Mejaly has been appointed vice president and general manager of AxleTech International, a General Dynamics company. AxleTech develops and manufactures axles, brakes and suspension systems for off-highway and specialty vehicles.

Tags: Leadership, AxleTech International

January 27, 2014 - Industry News

Upcoming Hampton Roads Tolls Less Than First Planned

Initial tolls on the Midtown/Downtown tunnels in Hampton Roads, Va. will be half the amout originally expected, with tolling beginning Feb. 1.

Tags: Tolls, Virginia

January 27, 2014 - Industry News

With Funding Clock Ticking, Congress Turns to Highway Bill

Congress is getting to work on the next highway bill. At its opening hearing on reauthorization on Jan. 14, the House Transportation and Infrastructure Committee heard urgent calls for a bipartisan approach to sustainable funding, a multi-year program and federal leadership.

Tags: Congress, Caterpillar, NTSB, Intermodal, Highway Funding, Highway Trust Fund, Infrastructure Funding, House Transportation and Infrastructure Committee, Multimodal

January 27, 2014 - Industry News

Traffic Advisories Issued Ahead of This Weekend’s Super Bowl

While Super Bowl XLVIII is still a few days away but it’s already affecting traffic in parts of New York City and New Jersey.

Tags: New York City, New Jersey, Traffic Congestion

January 27, 2014 - Industry News

Study Identifies Trends in Freight Charges for Shippers

The third party logistics provider Transplace has released the results of its annual benchmarking study that includes data from more than 150 shippers, representing more than $12 billion dollars in annual freight spending.

Tags: Transplace, Owner-Operators, Shippers, Freight Rates

January 27, 2014 - Industry News

Trucking Company Owner Sentenced, Ordered to Pay Restitution to Truckers

The owner, operator, and president of East, St. Louis, Ill.-based Clark Trucking and Excavation was sentenced to 33 months in prison late last week.

Tags: Drivers, Missouri, Fraud, Crime

January 26, 2014 - Industry News

YRC Teamster Members Say Yes to Contract Extension

YRC Worldwide's teamster drivers have voted in favor of an offer that clears the way for a $1.4 billion refinancing plan.

Tags: Teamsters, YRC Worldwide

January 26, 2014 - Industry News

Kyle Treadway Named Truck Dealer of the Year

Kyle Treadway

R. Kyle Treadway, former chairman of the American Truck Dealers, was named the 2014 Truck Dealer of the Year award on Saturday by American Truck Dealers and Heavy Duty Trucking magazine.

Tags: ATD, American Truck Dealers, Truck Dealer of the Year, Heavy Duty Trucking magazine, Dealers

January 26, 2014 - Industry News

International ProStar, TerraStar Win Truck of the Year Awards

ProStar

Navistar International won both categories in the American Truck Dealers’ 2014 Commercial Truck of the Year competition with its ProStar heavy duty and TerraStar medium-duty models. ATD announced the winners at a lunch on Sunday, during its joint annual convention with the National Automobile Dealers Association in New Orleans. The trucks were among three heavy and four medium-duty models submitted by manufacturers for judging last fall.

Tags: Navistar, TerraStar, ProStar, Heavy-Duty Trucks, Medium-Duty Trucks, Dealers, Commercial Truck of the Year, American Truck Dealers

January 26, 2014 - Industry News

Mira Technology Park Breaks Ground at Haldex Facility

Bo Annvik and George Gillespie

Building work officially began on the new 25,500 square-foot bespoke facility being built for Haldex, at MIRA Technology Park in Hinckley. To celebrate, a ground-breaking ceremony was held with a number of senior representatives from both companies.

Tags: Expansion, Haldex

January 24, 2014 - Industry News

Con-way Inc. Board of Directors Announces Transition in Board Leadership

The Board of Directors of Con-way Inc. announced a transition in board leadership in which Dr. W. Keith Kennedy, Jr., who has served as Con-way’s Chairman of the Board since 2004, will step down and be succeeded by Roy W. Templin, a current member of the company’s board.

Tags: Leadership, Con-way Inc.

January 24, 2014 - Industry News

Trailer Orders Gain in December

The trailer industry saw a 14% month-over-month gain in net orders in December, as six of the ten trailer categories posted positive results. For 2013, a total of 231,700 orders were booked, down just under 2% from 2012’s result.

Tags: ACT Research, Trailer

January 24, 2014 - Industry News

Con-way Freight Expands Freightliner Natural Gas-Powered Tractors in its Fleet

 A new Freightliner Cascadia 113 day cab leaves a natural gas fueling station in Rock Hill, S.C. after taking on its first fill-up of compressed natural gas (CNG). Con-way Freight, one of the nation's leading commercial trucking firms, took delivery of the unit recently and is putting it into service in the Texas market. Featuring the Cummins Westport ISX 12 G natural gas-powered engine, it's Freightliner's first Cascadia 113 day cab with factory installed tanks to go into service.

Con-way Freight has added Freightliner Cascadia 113 natural gas-powered tractors to its fleet. Freightliner began production of the Freightliner Cascadia 113 natural gas-powered tractors in August 2013, and these Con-way Freight units are the first Cascadia day cabs with factory-installed compressed natural gas tanks to hit the road.

Tags: Con-way Freight, Freightliner, CNG

January 24, 2014 - Industry News

FMCSA Extends Heating Fuel Exemption to Southern U.S.

The Federal Motor Carrier Safety Administration has widened the scope of emergency declarations it recently issued due to shortages of propane and other home heating fuels, extending it to the Southern region of the country.

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