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February 11, 2014 - Industry News

DOE Projects Fuel Prices to Continue to Drop

Click on graphic to enlarge.

The U.S. Energy Department projects lower prices for diesel fuel this year and in 2015 compared to the average cost in 2013, according to its just-released Short-Term Energy Outlook.

Tags: Diesel Prices, Gasoline Prices, U.S. Department of Energy, Crude Oil Prices, Fuel and Oil

February 11, 2014 - Industry News

Forward Air Profit Up for 2013, Dips Slightly in Fourth Quarter

Photo: Evan Lockridge

Trucking company Forward Air has reported financial results showing a small increase in net income and revenue for all of last year while profit during the final three months of 2013 was close to that from a year earlier.

Tags: Earnings, Forward Air

February 11, 2014 - Industry News

FMCSA Pulls Authority of Carrier in Long-Haul Mexico Program

The Federal Motor Carrier Safety Administration has revoked the authority of one of 14 Mexico-based trucking companies it approved earlier to run in its long-haul cross-border program.

Tags: FMCSA, Regulations, Cross-Border Trucking, Mexico, Safety & Compliance

February 11, 2014 - Industry News

Goodyear To Announce 31st Highway Hero At MATS

The Goodyear Tire & Rubber Co. will announce the winner of the 31st Goodyear North America Highway Hero Award on Thursday, March 27, during the Mid-America Trucking Show in Louisville, Ky.

Tags: Goodyear, Mid-America Trucking Show, Goodyear Highway Hero

February 11, 2014 - Industry News

Fourth Quarter Losses Widen at USA Truck

Trucking and logistics provider USA Truck saw its fourth quarter losses widen compared to a year ago but reduced it 2013 compared to the year before.

Tags: Earnings, USA Truck

February 10, 2014 - Industry News

Joseph M. Dagnese Named President of Con-way Truckload

Con-way Inc. has announced that Joseph M. Dagnese has been named president of Con-way Truckload, the company's full truckload subsidiary, succeeding Saul Gonzalez.

Tags: Leadership, People, Con-Way, Con-way Truckload

February 10, 2014 - Industry News

Diesel Highest Since September, Oil Breaks $100 First Time This Year

Credit: DOE/EIA

The average cost of diesel has increased for the third consecutive week, hitting its highest level since early September, while oil crossed the century mark for the first time this year.

Tags: Diesel Prices, Oil Prices, Gasoline Prices

February 10, 2014 - Industry News

Stan Musial Veterans Memorial Bridge Opens to Traffic

This past weekend marked the official opening of the Stan Musial Veterans Memorial Bridge. The monumental $695 million bridge provides a different way for millions of drivers to cross the Mississippi River between Illinois and Missouri.

Tags: Missouri, Illinois, I-70, I-55

February 10, 2014 - Industry News

HDT Finalist for Five Neal Business Journalism Awards

Heavy Duty Trucking has landed five finalist spots in the 60th Annual Jesse H. Neal Awards competition for editorial excellence. HDT has five of the 173 finalists selected by a distinguished board of judges for entries in commentary, news, technical, how-to and best theme issue categories.

Tags: HDT, Awards

February 10, 2014 - Industry News

Freight Broker Bond Company Owner Indicted

The owner of a freight broker bond company was indicted in U.S. District Court, Los Angeles, Calif. late last month in connection with a trust fund scheme.

Tags: FMCSA, Regulations, Office of Inspector General, Brokers, Crime

February 10, 2014 - Industry News

Fontaine Modification Establishes New Business Units

Fontaine Modification has established two new business units: Fontaine Modification Fleet Services and Fontaine Modification Vocational Services. The move is designed to enable Fontaine Modification to respond more nimbly to its customers’ needs in these key market segments.

February 10, 2014 - Industry News

Jury Rejects $3.5 Million Lawsuit Against FFE Following Crash

A Texas district court jury has verdict in favor of Dallas-based trucking company FFE Transportation Services after rejecting a $3.5 million lawsuit filed by the City of Saint Jo, following an automobile accident that took place nearly four years ago.

Tags: Drivers, Safety & Compliance, Litigation, FFE

February 10, 2014 - Industry News

Man Pleads Guilty to Helping to Violate Out-of-Service Order

A Georgia man has pleaded guilty to federal charges filed last year charging he helped violate an out-of-service order, according to the U.S. Transportation Department’s Inspector General.

Tags: FMCSA, Regulations, U.S. DOT, Safety & Compliance, Crime

February 10, 2014 - Industry News

Daimler and Volvo Report Fourth Quarter Earnings

The parent to Freightliner, Western Star and Detroit Diesel saw a big jump in its fourth quarter earnings while profit fell.

Tags: Volvo, OEM, Daimler, Earnings

February 10, 2014 - Industry News

IRS Going After Late HVUT Payments

A break the IRS gave to trucking over the filing of the heavy vehicle use tax more than two years ago is coming back to haunt some people.

Tags: IRS, taxes, Owner-Operators

February 10, 2014 - Industry News

More Than 21,000 Kenworth and Peterbilt Chassis Recalled

Paccar is recalling 11,056 model year 2013-2014 Kenworth T680 chassis manufactured Jan. 1, 2012 through Oct. 14, 2013, and Peterbilt 567 and 579 chassis manufactured Jan. 20, 2012 through Oct. 11, 2013, and equipped with Inteva-brand door latch assemblies.

Tags: Kenworth, Paccar, Peterbilt, Recalls, NHTSA

February 10, 2014 - Industry News

Heavy Duty Trucking Names 2014 Truck Fleet Innovators

Each year, Heavy Duty Trucking honors a handful of the country's most forward-thinking fleet executives with the title of "HDT Truck Fleet Innovator." This year's honorees include three private fleets, and one for-hire trucking and logistics company that focuses on dedicated transportation, warehousing and intermodal.

Tags: Fleet Forum, Mid-America Trucking Show, HDT Truck Fleet Innovators, PepsiCo, Frito-Lay, NFI, Meijer, Private Fleets

February 9, 2014 - Industry News

Hogebuilt Promotes New President

Hogebuilt announces the appointment of Kyle Denu to company president. Denu joined the company in October of 2012 as the Vice President of Sales & Marketing.

Tags: Leadership, People, Hogebuilt

February 9, 2014 - Industry News

Celadon Opens New Driver Training Center

Celadon Group Inc. and its Quality Drivers subsidiary have announced the official opening of the new driver training center near its Indianapolis headquarters. The $7 million, 61,000 square-foot training facility includes dorm rooms, cafeteria, workout room, basketball court, and a state of the art driver training road course.

Tags: Driver Training, Celadon

February 7, 2014 - Industry News

Fourth Quarter Boasts Strong Performance in Every Intermodal Segment

Building on the industry’s positive 2012 performance, total intermodal shipments improved 4.6% in 2013, according to the Intermodal Association of North America’s fourth quarter and year-end Intermodal Market Trends & Statistics.

Tags: Intermodal, IANA, Freight

February 7, 2014 - Industry News

FMCSA Yanks Two Drivers and Company from the Road

The Federal Motor Carrier Safety Administration has ordered two drivers and one trucking to seek life outside of the trucking industry following what it describes as some dangerous behavior behind the wheel.

Tags: FMCSA, Drivers, Regulations, Safety & Compliance

February 7, 2014 - Industry News

Freight Volume and Expenditures Drop in Latest Cass Index

North American shipment volumes and freight expenditures both continued the decline that began in December after the economy abruptly reversed direction near the end of last year, according to the latest Cass Freight Index.

Tags: Economy, Freight, Freight Rates, Cass Freight Index

February 7, 2014 - Industry News

Economic Watch: Unemployment Falls, Retail Sales to Head Higher

UPDATED -- Unemployment in the U.S. continues moving lower, but job growth is also weakening, according to new U.S. Labor Department figures.

Tags: Economy, Unemployment, Retail Sales

February 7, 2014 - Industry News

‘Concept’ 2.8L Turbo Diesel Unveiled at Chicago Auto Show

A Cummins-Nissan project is testing the ‘viability’ of light diesel pickups for North America, and gauging customer interest in the idea.

Tags: Cummins, Pickup Trucks, Nissan, Diesel Engines

February 6, 2014 - Industry News

2014 Trailer Market to Increase 2.2%, Says FTR

FTR's forecast for the 2014 U.S. Trailer is 240,000 units, a 2.2% increase over 2013. FTR expects dry vans to show a 2% year-over-year increase while reefer vans will remain flat. Flatbeds, dumps and low beds are all expected to show greater increases as construction and manufacturing improve.

Tags: Trailers, FTR

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