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December 4, 2013 - Industry News

Economic Watch: New Home Sales and Employment Jump

Photo: Evan Lockridge

Sales of new homes on the United States skyrocketed in October, recording the biggest monthly increase in more than 30 years, according to a new U.S. Commerce Department report.

Tags: Economy, Home Sales, Employment

December 4, 2013 - Industry News

Study Finds Panama Canal Expansion Will Affect U.S. Trucking

Photo: U.S. DOT

The U.S. Department of Transportation’s Maritime Administration recently released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion.

Tags: Intermodal, Freight, Panama Canal, Port Trucking

December 4, 2013 - Industry News

Kids' Art Contest to Promote Safety Belts for Truckers

Second grader Caleb Zhao from Gaithersburg, Md., was the grand prize winner of last year’s "Be Ready. Be Buckled." art contest for the kindergarten through second grade age group.

The Federal Motor Carrier Safety Administration is now taking entries for its annual “Be Ready. Be Buckled.” student art contest organized by the Commercial Motor Vehicle Safety Belt Partnership.

December 4, 2013 - Industry News

ACT Research: November Preliminary Truck Order Numbers Up

November North American Class 5 through 7 net truck orders are expected to total 18,000 while Class 8 orders are expected at 21,200 units, when actual data are released mid-month, according to commercial vehicle data analysts at ACT Research.

Tags: Truck Sales, ACT Research, Truck Orders

December 4, 2013 - Industry News

Union Pacific Rolls Out New Intermodal Offering with Mexico

Union Pacific Railroad recently introduced a new intermodal service offering between Chicago and Monterrey, Mexico, giving companies another option to move goods across the border six days a week.

Tags: Intermodal, Freight

December 4, 2013 - Industry News

Fleet Brake Opens Location in Saskatchewan

Fleet Brake announced plans for a new parts distribution center in Regina, Saskatchewan, Canada. Opening in January 2014, the new facility will be an important link in the Fleet Brake parts distribution network.

Tags: Canada, Aftermarket Parts, HDA Truck Pride

December 4, 2013 - Industry News

Patriot Transportation Reports Big Spike in Profits

The parent to liquid and dry bulk hauler, Florida Rock & Tank Lines, has reported a huge increase in income for its fiscal fourth quarter as well as for its fiscal year.

Tags: Earnings, Patriot Transportation

December 3, 2013 - Industry News

Woman Admits to Double Brokering Scheme

A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.

Tags: Freight, Brokers, Fraud

December 3, 2013 - Industry News

YRC Looking to Wall Street for Dollars to Help Pay Debt

YRC hopes to raise nearly $29 million by selling 3 million shares of stock. Photo by Evan Lockridge

The financially troubled parent company to several fleets, YRC Worldwide, is looking to investors to help it pay off some debt, according to the Journal of Commerce.

Tags: Teamsters, YRC Worldwide, LTL

December 3, 2013 - Industry News

Heavy Truck Orders Top 20K for Second Straight Month

Photo by Jim Park

November Class 8 truck orders totaled 20,915, the second consecutive month above the 20,000 mark, according to preliminary data from transportation forecasting firm FTR. However, the company notes that was below expectations.

Tags: Truck Sales, Truck Orders, FTR, Class 8

December 3, 2013 - Industry News

Blumenauer to Propose Diesel and Gasoline Tax Hikes

Rep. Earl Blumenauer, D-Ore., will introduce bills to raise federal fuel taxes, index them to inflation and test a vehicle-mile tax. The proposals, which Blumenauer is scheduled to discuss on Capitol Hill Wednesday, come as Congress begins to consider ways to revive funding for U.S. roads and bridges.

Tags: Congress, Fuel Tax, Highway Funding, Diesel Tax, Gasoline Tax, taxes, Infrastructure Funding, Infrastructure

December 3, 2013 - Industry News

Economic Watch: November Auto Sales Best Since 2007, Expectations Bright for 2014

Sales of new automobiles, light-trucks and SUV’s in the U.S. picked up their pace dramatically last month, hitting an annual rate of 16.4 million, far above the 15.3 million yearly rate in October and the best since early 2007.

Tags: Economy, Auto Sales

December 3, 2013 - Industry News

Calif. Rolling Out $200M for Hydrogen Vehicle Infrastructure

Photo by Thi Dao.

The California Energy Commission is seeking proposals to spend $200 million starting in 2015 to build out fueling stations and other infrastructure to support hydrogen fuel-cell vehicles.

Tags: Hydrogen Fuel Cell Vehicles, Hydrogen Fueling Stations, Grant Funding, California Energy Commission, Medium-Duty Trucks, Alternative Fuels, Heavy-Duty Trucks, California

December 3, 2013 - Industry News

Trucking Lags When it Comes to Adopting Social Media

Freight haulers are embracing social media but still not a much as other business-to-business companies, according to a new study.

Tags: LinkedIn, Facebook, Twitter, Social Media, Promotion

December 3, 2013 - Industry News

Aggressive Driving by Four-Wheelers Higher During Holidays

There is a new reason for truckers to worry about four-wheelers during the holidays, with a new survey showing aggressive driving is higher during this time of the year.

Tags: drivers, Driver Safety

December 3, 2013 - Industry News

ODFL Forecasting Fourth Quarter Tonnage Growth

Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.

Tags: Old Dominion Freight Line, Freight, Fleet Financials, LTL

December 3, 2013 - Industry News

Photo Gallery Offers Glimpse into Bi-Annual Tokyo Motor Show

The 43rd Tokyo Motor Show, which ran from Nov. 20 to Dec. 1, showcased international manufacturers’ latest technology in trucks, buses, cars, motorbikes and accessories. Get a feel for the show with this photo gallery from HDT International Editor Sven-Erik Lindstrand.

Tags: Japan, Global, Tokyo Motor Show

December 2, 2013 - Industry News

Diesel Hits Highest Average Cost Since Late October

Credit: DOE

The average price of diesel continues moving higher, hitting its highest average cost since late October. The national average was up 3.9 cents from last week, to $3.883 per gallon, according to the U.S. Energy Department.

Tags: Diesel Prices, Gasoline Prices, Oil Prices, Fuel and Oil

December 2, 2013 - Industry News

LTL Freight Source Rebrands to Global Freight Source

Fueled by a growth rate of 665% over the past three years, LTL Freight Services, Milwaukee, is rebranding itself as Global Freight Source as it focuses on becoming a single-source provider of shipping logistics.

Tags: 3PL, Logistics

December 2, 2013 - Industry News

FMCSA Considers More Exemptions from Hearing Regulation

The Federal Motor Carrier Safety Administration will consider additional applications for exemptions from the federal hearing standard prohibiting deaf truck drivers from interstate operations. The first 40 such individuals to receive these exemptions were approved in February.

Tags: FMCSA, Regulations, Safety & Compliance

December 2, 2013 - Industry News

FMCSA Moves to Fix CSA Data Problem

The Federal Motor Carrier Safety Administration is moving to fix a longtime problem in its CSA safety enforcement system. The agency is asking for comments on a plan to start including in its CSA database the results of court rulings on carrier challenges of roadside inspection citations.

Tags: FMCSA, CSA, Safety & Compliance, SMS

December 2, 2013 - Industry News

Tire Makers Yokohama and Kumho Forge Alliance

Yokohama Rubber and Kumho Tire signed a memorandum of understanding on Nov. 29 to start discussions of technology exchanges and a capital alliance premised on cross-shareholdings.

Tags: Kumho Tire U.S.A., Tires, Yokohama Tire Corp.

December 2, 2013 - Industry News

Universal Truckload Purchasing Westport Axle

Universal Truckload Services announced Monday that it will acquire Westport Axle Corporation from an international industrial group headed in Brazil by SM Brasil Participações S/A.

Tags: Mergers & Acquisitions, Universal Truckload, Westport

December 2, 2013 - Industry News

Economic Watch: Newest Measures Generally Positive

UPDATED -- Total construction spending in the United States hit a four and half year high in October, according to U.S. Commerce Department report released on Monday.

Tags: Economy, Durable Goods, Leading Economic Indicators, Construction Spending, Manufacturing

December 2, 2013 - Industry News

New York and New Jersey Bridge and Tunnel Tolls Increase

The George Washington Bridge is one of the bridges and tunnels affected by the rate hike. (Photo: John O'Connel via Wikimedia Commons)

The start of December brought with it higher toll rates for bridges and tunnels operated by the Port Authority of New York and New Jersey, with cash tolls now running $85 for five-axle trucks.

Tags: New York, New Jersey, Tolls, Port of New York and New Jersey

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