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January 23, 2014 - Industry News

Odyssey Logistics Purchases Two Companies

Supply chain logistics service provider Odyssey Logistics & Technology Corporation, based in Conn., has purchased both CMI Freight-Trans and Steel Wheel Transfer, 25 year-old companies headquartered in Orland Park, Ill.

Tags: Mergers & Acquisitions, Odyssey Logistics

January 23, 2014 - Industry News

Love’s Travel Stops Announces Fast-Fill CNG Expansion in Burbank, Ohio

Love’s Travel Stops will introduce fast-fill compressed natural gas fueling capability for heavy-duty trucks and a CNG fueling option for passenger vehicles at its travel stop located on Interstate 71, at Exit 204, in Burbank, Ohio. The Love’s Fast-Fill CNG station is expected to open mid-summer 2014.

Tags: Dillon Transport, Love's Travel Stops, CNG Fueling Stations, CNG

January 23, 2014 - Industry News

Economic Watch: Construction and Leading Indicators Rise, Home Sales Best in 7 Years

McGraw Hill's Dodge Construction Index tracks total U.S. construction activity.

UPDATED -- Total new construction starts in the U.S. during 2013 increased 6% from the year before to $516.8 billion. This follows the 10% gain reported for 2012 and modest 2% gains in both 2010 and 2011, according to new data released from construction information services provider McGraw Hill Construction.

Tags: Economy, Home Sales, Leading Economic Indicators, Construction Industry

January 23, 2014 - Industry News

2013 Heavy Duty Orders Up 17%, Medium Duty Up 10%

December was the second biggest Class 8 order month since March 2006, with orders up roughly 50% month-over-month and year-over-year. Meanwhile, medium-duty December net orders fell month-over-month; but year-over-year orders were mixed, with Classes 6 to 7 rising 20% and Class 5 orders falling 16% against tough comparisons.

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

January 23, 2014 - Industry News

FTR Shippers Conditions Index Improves in November, but Concerns Linger

FTR’s Shippers Conditions Index conditions for November, at -6.0, continued to reflect a negative environment for shippers despite improving for the third straight month after hitting a low point in August.

Tags: FTR, SCI, Freight Capacity

January 23, 2014 - Industry News

J.B Hunt Profit Hits Quarterly and Yearly Highs

Freight transportation services provider J.B. Hunt Transport services has reported hitting record financial numbers for the final quarter of last year as well for all of 2013.

Tags: J.B. Hunt, Earnings

January 23, 2014 - Industry News

Window Film Makers Want to Offer Darker Tint

The makers of window films are asking for an exemption from federal standards so they can sell a darker film than usually is allowed. In a Federal Register notice Thursday, the Federal Motor Carrier Safety Administration asks for comments on the exemption sought by the International Window Film Association.

Tags: FMCSA

January 22, 2014 - Industry News

Heavy Hauler Handed $40K Citation for Overweight Load

A heavy hauler caught off-route with a 232,000-lb load faces fines of more than $40,000.

Tags: Heavy Haul

January 22, 2014 - Industry News

LaHood Joins Law Firm DLA Piper

Former Transportation Secretary Ray LaHood joined the law firm DLA Piper, the firm announced. LaHood will serve as senior policy advisor in the firm’s Washington, D.C., and Chicago offices. Joining him in the move is his former chief of staff at DOT, Joan DeBoer.

Tags: Ray LaHood, MAP-21, Infrastructure Funding, Building America's Future

January 22, 2014 - Industry News

Karmak Annouces Leadership Changes

Karmak Inc. introduces Mike York as vice president of operations and Scott Elbring as vice president of sales.

Tags: Leadership, Karmak

January 22, 2014 - Industry News

Greg Jordan Joins Fleet Brake as Senior Business Development Manager

Fleet Brake announced that Greg Jordan has joined the Calgary-based distributor. Jordan joins Fleet Brake in the position of Senior Business Development Manager.

Tags: Leadership

January 22, 2014 - Industry News

Freight Indicators Hit or Near Record Highs

Two measures about the health of the U.S. trucking industry turned in either their best or near-record numbers for December.

Tags: ATA, American Trucking Associations, Freight, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Truck Tonnage Index, Economy

January 22, 2014 - Industry News

Mark Lampert to Retire as DTNA’s Sr. VP of Sales and Marketing; Richard Howard Named Successor

Mark Lampert, DTNA's senior vice president of sales and marketing, will retire March 31, 2014.

Daimler Trucks North America announced that Mark Lampert, senior vice president of sales and marketing, will retire March 31. Richard Howard will assume the position of Daimler Trucks North America sales and marketing senior vice president on April 1.

Tags: OEM, Daimler, Daimler Trucks North America, Freightliner, Detroit Diesel, People

January 22, 2014 - Industry News

YRC Teamsters Revote Set for This Weekend

Leaders from Teamster local unions representing workers at trucking giant YRC Worldwide, have overwhelmingly recommended approval of a revised tentative labor contract members will vote on this coming Saturday and Sunday.

Tags: Drivers, Teamsters, YRC Worldwide

January 22, 2014 - Industry News

Wheel End Manufacturers Group Forms

Citing safety and a concern about counterfeit parts, Shaun Shroff, vice president of DuraBrake, says the company is forming the Wheel End Manufacturers Association, Linkedin Group.

Tags: Aftermarket, Wheels, Brakes, HDAW

January 22, 2014 - Industry News

Marten Transport Reports Record Annual Income

Photo: Evan Lockridge

Refrigerated trucking company Marten Transport has reported the highest net income for any year in its history.

Tags: Earnings, Marten Transport

January 22, 2014 - Industry News

Spot Freight Rates Gain in Two Out of Three Major Catagories

Click on graphic to enlarge.

Freight activity and rates on the spot market remained elevated last week after a surge of freight following winter storms the week before, according to the freight matching service provider DAT.

Tags: Freight, Spot Freight, DAT Transcore

January 22, 2014 - Industry News

6x2 Fuel Savings Average 2.5% in Track and Fleet Tests, NACFE Study Finds

The "tag-tandem" tests well and does even better in actual service, says the North American Council for Freight Efficiency. One negative: Drive-tire wear is worse than most people believe.

Tags: Fuel Economy, drive axles, NACFE

January 21, 2014 - Industry News

Average Diesel Price Down for Second Straight Week

After heading higher for three straight weeks, the average cost of diesel has fallen for the second consecutive week, according to the U.S. Energy Department.

Tags: Oil Prices, Diesel Prices, Gasoline Prices

January 21, 2014 - Industry News

Settlement Reached in Long-Running Truckstop Battle Against Comdata

A $130 million legal settlement has been reached for a class of more than 4,000 independent truckstops and other retail fueling merchants following an antitrust lawsuit filed in 2007 against fleet payment card issuer Comdata and three national truckstop chains.

Tags: Comdata, Truckstops, Litigation, Fuel and Oil

January 21, 2014 - Industry News

Cadec Expands Management Team

Cadec Global has added two industry veterans to its senior management team: Eric Witty has joined as vice president, product management, and Brent Goldstein has joined as vice president, software engineering. Each has 20-plus years experience working in the wireless and fleet management industries.

Tags: Leadership, Cadec

January 21, 2014 - Industry News

Volvo Trucks Names Nacarato Volvo 2013 North American Dealer of the Year

Nacarato Volvo vice president Joe Nacarato (center) receives the 2013 Volvo Trucks North American Dealer of the Year from (left) Terry Billings, Volvo Trucks vice president – business development and (right) Göran Nyberg, president, Volvo Trucks North American Sales & Marketing.

Nacarato Volvo of Nashville, Tenn., has been named Volvo Trucks’ 2013 North American Dealer of the Year. The annual award recognizes Nacarato Volvo’s organization and employees for overall accomplishment and performance.

Tags: Volvo, Volvo Trucks, Aftermarket, Dealers

January 21, 2014 - Industry News

Chrysler Purchase by Fiat Finalized

Italy’s Fiat, through its wholly owned subsidiary, Fiat North America, has completed its previously announced acquisition of all of the United Auto Workers' employee medical benefit retirement trust interests in the Chrysler Group and is now a wholly-owned subsidiary of Fiat.

Tags: OEM, Fiat, Chrysler, Mergers & Acquisitions

January 21, 2014 - Industry News

Knight Transportation Projecting Bigger Profits

Photo: Evan Lockridge

Trucking company Knight Transportation has upwardly revised estimates of its financial performance, ahead of releasing full numbers later this month

Tags: Earnings, Knight Transportation

January 21, 2014 - Industry News

Federal Suit Alleges Fraud by Mover Over Military Shipments

One household goods mover and an affiliate have allegedly swindled millions of dollars from the federal government by submitting false claims about relocating military personnel, according to a recently disclosed lawsuit.

Tags: Fraud, Investigation

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