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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: Regulations, FDA, Safety & Compliance, Freight

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

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

January 30, 2014 - Industry News

UPS 2013 Profit Leaps to $4.4 Billion

Trucking, parcel and logistics giant UPS increased profit in the final quarter of the year and for all of 2013.

Tags: UPS, Earnings, UPS Freight

January 30, 2014 - Industry News

Goodyear Truck Tires Available at Love’s Truck Tire Care Centers

G399A LHS Fuel Max

Fleets and owner-operators now have even more direct access to Goodyear truck tires with The Goodyear Tire & Rubber Company’s agreement with Love’s Travel Stops.

Tags: Goodyear, Love's Travel Stops

January 30, 2014 - Industry News

Arkansas Best Moves from Loss to Profit in 2013

The parent company to less-than-truckload carrier ABF Freight System and ground expedite fleet Panther Expedited Services reported a profit in the final quarter of 2013 after reporting a loss a year earlier.

Tags: Earnings, Arkansas Best, Panther, ABF

January 30, 2014 - Industry News

Ford Adds 350 Jobs At Kentucky Truck Plant

Ford Motor Co. will add 350 new jobs and invest $80 million in its Kentucky Truck Plant to meet growing demand for Ford F-Series Super Duty trucks.

Tags: Ford, Expansion, Ford Super Duty

January 30, 2014 - Industry News

Economic Watch: GDP Advances at Annual Rate of 3.2% for Quarter

The U.S. economy expanded at a healthy pace in the final quarter of last year amid a big jump in consumer spending, according to new Commerce Department figures.

Tags: Economy, GDP, Consumer Spending

January 30, 2014 - Industry News

Love’s Travel Stop Now Open in Springville, Utah

Love’s Travel Stops has opened a new travel stop in Springville, Utah, on I-15, at Exit 260. This is Love's third travel stop in the state of Utah and its second of an anticipated 30 travel stops this year.

Tags: Utah, Love's Travel Stops, Expansion

January 29, 2014 - Industry News

Enforcement Community Spells Out What it Wants in Highway Bill

Police and roadside inspectors are calling for changes in how the Department of Transportation administers the truck safety program. At a hearing Tuesday before the House Subcommittee on Highways and Transit, Thomas Fuller, a sergeant in the New York State Police, outlined what the enforcement community wants in the next highway bill.

Tags: FMCSA, Commercial Vehicle Safety Alliance, Congress, CSA, DataQ

January 29, 2014 - Industry News

Economic Watch: Federal Reserve Stays the Course in Final Bernanke Meeting

Federal Reserve Chairman Ben Bernanke

In one of his final moves as Federal Reserve Chairman, Ben Bernanke on Wednesday announced the central bank would continue trimming its monthly purchases of mortgage and Treasury securities that it recently started.

Tags: Economy, Federal Reserve, People

January 29, 2014 - Industry News

TMD Promotes Tony Croy to Managing Director, NAFTA

TMD promoted Tony Croy to managing director, NAFTA. In this position he is responsible for TMD’s business units in Canada, Mexico and the United States, including all commercial, engineering and manufacturing operations serving TMD’s OE and replacement part friction business.

Tags: Leadership, People

January 29, 2014 - Industry News

New Organization of Aftermarket Leaders Formed

A new group of heavy-duty trucking aftermarket leaders have formed a new organization, GenNext, to educate, mentor and recruit the next generation of aftermarket leaders.

Tags: Leadership, Aftermarket, People, GenNext

January 29, 2014 - Industry News

Hub Group Quarterly Income Drops, Increases in 2013

Photo: Evan Lockridge

Hub Group has announced financial results showing income of $16.5 million for the fourth quarter of last year or earnings per share of 45 cents...

Tags: Earnings, Hub Group

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