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February 5, 2014 - Industry News

FET Exemption for Glider-Kitted Trucks Might End, IRS Indicates

Exemption from the 12% FET is a major benefit of buying gliders instead of new trucks, but new IRS thinking would take away that break.

Tags: taxes, Equipment, Federal Excise Tax, Glider Kits, NTEA, NTDA, IRS, Dealers

February 5, 2014 - Industry News

NLRB Offers Up Union Election Rules Again

Expect the fireworks to resume as the National Labor Relations Board once again is proposing new regulations to speed up the pace of union elections, identical to changes first proposed in 2011.

Tags: NLRB, Labor Unions, Regulations, Drivers

February 5, 2014 - Industry News

January HD Preliminary Orders Up Y/Y

January NA Classes 5-7 net orders are expected at 17,000 units and Class 8 net orders are expected at 34,700 units, when actual data are released mid-month, according to ACT Research.

Tags: Class 8, Medium-Duty Trucks, ACT Research, Truck Orders, Heavy-Duty Trucks, FTR

February 5, 2014 - Industry News

Economic Watch: Private Jobs Grow in January, Non-Manufacturing Activity Up

Private sector employment increased by 175,000 jobs from December to January, according to new report released Wednesday from the payroll service provider ADP.

Tags: Economy, Non-Manufacturing, Employment

February 5, 2014 - Industry News

Spot Market Freight Rates Hold Steady

Recurring storms and strong month-end demand for capacity helped keep rates elevated on the spot truckload market during the week ending Feb. 1 compared to the previous seven days, according to a composite of the DAT network of load boards.

Tags: Freight, Spot Freight, DAT Transcore

February 5, 2014 - Industry News

Heartland Profit Gains Following Gordon Trucking Purchase

Photo: Evan Lockridge

Trucking company Heartland Express posted double digit gains in profits for the final quarter of last year and for all of 2013, following its purchase of rival Gordon Trucking in November.

Tags: Earnings, Heartland Express, Gordon Trucking

February 5, 2014 - Industry News

USA Truck And Knight Reach Settlement over Proposed Purchase

Truckload companies USA Truck and Knight Transportation have reached a settlement dismissing all claims between the two in connection with litigation arising from Knight’s previously announced proposal to acquire Arkansas-based USA Truck in a $242 million bid.

Tags: USA Truck, Litigation, Mergers & Acquisitions, Knight Transportation

February 5, 2014 - Industry News

Manufacturer Brand Or Value Brand: What Are Fleets Using?

Private brand parts, like these from Alliance, are more likely to be used in older trucks, according to the survey.

The more complex, expensive and harder to replace the component is, the more likely fleets are to purchase the manufacturer’s brand, according to a recent study by MacKay & Co.

Tags: Aftermarket Parts, Parts, Aftermarket, HDAD, HDAW, MacKay and Co., Alliance Truck Parts, HDAW 2014

February 4, 2014 - Industry News

C.R. England Opens IdleAir Facility at Laredo, Texas, Terminal

C.R. England has opened a new IdleAir facility at its terminal at 8422 Amparan Road in Laredo, Texas. The 24-space IdleAir facility provides C.R. England drivers with in-cab services that provide heating and air conditioning, Internet connectivity, television, and 110-volt electrical, completely eliminating the need for idling.

Tags: C.R. England, Idle Reduction, IdleAir, Anti-Idling

February 4, 2014 - Industry News

MATS 2014 Concert Line-Up Announced

For the sixth consecutive year, the Mid-America Trucking Show has announced that the team behind Mobil Delvac heavy-duty diesel engine oil will present a free concert on Friday, March 28 for all MATS 2014 attendees.

Tags: Engine Oil, Events, Mid-America Trucking Show

February 4, 2014 - Industry News

Schneider Increases Owner-Operator Compensation Rate

Schneider announced it is raising owner-operator pay rates in its bulk division. The contractual compensation increase is effective March 3; most owner-operators will earn an additional 10 1/2 cents per mile, both loaded and unloaded.

Tags: Schneider, Driver Pay, Bulk Tank

February 4, 2014 - Industry News

New Rail Service to Challenge Truck Reefer Services

One logistics provider, with the help of a railroad, is gearing up to take what may arguably their best shot at trucking’s dominance when it comes to hauling refrigerated freight.

Tags: Refrigerated Truck, Intermodal, Reefers, Railroads, Trailers

February 4, 2014 - Industry News

Roush CleanTech Hires 37-Year Veteran of Ford

Rob Stevens has accepted a position with Roush CleanTech. As the new vice president of strategy, Stevens will spearhead future product and customer strategy. He brings expertise in engineering, product and business development, alternative fuel vehicles, and fleet operations to the company.

Tags: Leadership, ROUSH CleanTech, Ford, People

February 4, 2014 - Industry News

Economic Watch: Factory Orders and Shipments, Falling Deficit, New Fed Chair

Shipments and new orders for factor good both declined in December, according to new figures released by the U.S. Commerce Department.

Tags: Economy, Manufacturing, Factory Orders, Federal Reserve, Factory Shipments

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

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.

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