November 12, 2013 - Industry News
Two of the industry's large, unionized less-than-truckload carriers announced their third quarter results Tuesday, with the non-asset-based Panther Expedited helping Arkansas Best and problems at YRC Freight weighing down YRC Worldwide.
Tags: LTL, Arkansas Best, Teamsters, ABF, YRC Worldwide, YRC Freight, Fleet Financials
Trac Intermodal announced that Val T. Noel joined the company as senior vice president and chief operating officer.
Diesel prices continue to slide this week as the national average dropped to $3.83 per gallon, which is down 2.5 cents from last week and 14.8 cents from last year at this time.
Tags: Diesel Prices, Gasoline Prices, DOE, Crude Oil Prices, Energy Information Administration, Fuel and Oil
Mercedes-Benz U.S.A. is considering bringing the Vito commercial van to the U.S. market to offer with its larger Sprinter, a spokesman has confirmed to Automotive Fleet, a sister publication of Heavy Duty Trucking.
Tags: Vans, Mercedes-Benz, Cargo Vans
FTR's Noel Perry discussed the role of regulatory shocks in capacity and freight rates, plus the economic backdrop to what's going on in the industry, in FTR's recent State of Freight conference call.
Tags: Economy, FTR Associates, Freight Rates
Citing safety and economic benefits, the Missouri Highways and Transportation Commission approved a project to expand the Interstate 70 truck parking facilities near Mineola.
Tags: Missouri, I-70, Road Construction, Truck Parking
In a move one analyst is saying could be "the best strategic truckload deal ever," Iowa-based Heartland Express has acquired Gordon Trucking Inc. of Pacific, Wash., in transactions valued at approximately $300 million.
Tags: Mergers & Acquisitions, Heartland Express, Gordon Trucking
Spot market freight availability rose 1.9% in October, to a level that is atypically high for the season, according to the DAT North American Freight Index.
Tags: DAT, Spot Market Freight Volume
On Tuesday morning, Matthew Walsh, general manager of Volvo Trucks North America in Mexico, sat down with reporters for a breakfast briefing to offer some real-world, current insights into the Mexican trucking market.
Tags: Volvo Trucks, Mexico
November 11, 2013 - Industry News
On Friday, Nov. 8, 2013, Judge Sam Glasscock III, vice chancellor of the Delaware Court of Chancery, ruled that Apollo was not in breach of its merger agreement with Cooper, which had filed a complaint to the contrary.
Tags: Tires, Litigation, Apollo Tyre, Cooper Tire & Rubber Co.
November 10, 2013 - Industry News
A new study released by the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration recommended a series of regulatory changes to further ease the transition of military personnel and veterans into much-needed civilian jobs driving commercial motor vehicles.
Tags: DOT, FMCSA, Veterans
C.R. England Inc. announced that it will adopt ATDynamics' semi-trailer rear-drag aerodynamics technology.
Tags: C.R. England, ATDynamics, Aerodynamics, TrailerTails
A monthly analysis of seasonality trends is the latest feature to be added to FTR's Intermodal Update publication. This new feature will provide a detailed view each month of the how current performance and seasonal patterns compare to those seen over the past ten years.
Tags: Intermodal, FTR
November 8, 2013 - Industry News
John Weller of Weller Truck Parts and Zach Bawel, president of Jasper Engine and Transmission Exchange, announced that a letter of intent to purchase Weller Truck Parts has been signed by all parties.
Tags: Jasper Engines and Transmissions, Aftermarket, Parts and Service, Weller Truck Parts
Truckers who don't run a lot of miles in California may get more time to comply with emissions rules.
Tags: Emissions, CARB, California, DPF, Safety & Compliance, Engines
UPDATED -- A new U.S. Labor Department report shows there was a net gain of 204,000 jobs in the country during October, far more than economists were predicting, while trucking added just a few jobs.
Tags: Economy, Unemployment, Consumer Spending
Trucking operations based in California or with terminals there are going to get a break from one the state’s regulations staring in a couple of years.
Tags: California, CSA, Inspections
November 7, 2013 - Industry News
The American Truck Dealers and Heavy Duty Trucking magazine announced the nominees for the 2014 Truck Dealer of the Year.
Tags: ATD, Truck Dealer of the Year, Dealers
FTR's Trucking Conditions Index reading of 9.97 in September continues to show a positive environment for trucking. The index is expected to peak in October after which the full impact of the newly enacted hours-of-service rules negatively affect trucking.
Tags: HOS, FTR, TCI
Love’s Travel Stops has opened a brand-new facility in Clayton, N.M., on Hw. 87. The raze and rebuild replaces the Love’s that opened in Clayton in 1974.
Tags: Love's Travel Stops, Expansion
Trucking, which carries three-fifths of U.S.-NAFTA trade, rose 0.7% while rail rose 3%. Vessel declined 2.6% and air 2.4%.
Tags: NAFTA, Freight, BTS, Cross-Border Trucking
The 2013 Capitol Christmas Tree began its cross-country journey this week from the Colville National Forest near Usk, Wash., to the west lawn of the U.S. Capitol on a 2014 Mack Pinnacle Axle Back model with a custom trailer.
Tags: Mack, Capitol Christmas Tree
UPDATED -- The National Transportation Safety Board has recommended audits of the Federal Motor Carrier Safety Administration's oversight processes in light of several deadly crashes that the board investigated, saying the findings from these investigations raise serious questions about the oversight of motor carrier operations.
Tags: FMCSA, Regulations, NTSB, Safety & Compliance, ATA
A new report shows the American economy expanded in the third quarter of the year at a surprisingly higher rate than expected.
Tags: Economy, GDP
On Tuesday officials with the parent company to several trucking operations, YRC Worldwide, met with representatives of the Teamsters Union in Dallas to update them on the company's most recent performance, future prospects and corporate refinancing opportunities.
Tags: Teamsters, YRC Worldwide
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