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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

January 21, 2014 - Industry News

Trial Set for 10 Indicted in $1 Million Conspiracy to Steal Trucks, Trailers and Cargo

Trial is set for Feb. 18 in Kansas City, Mo. federal court for a group of people charged for their roles in a conspiracy to steal nearly $1 million worth of trucks and trailers along with their cargo.

Tags: Investigation, Cargo Theft, Crime

January 21, 2014 - Industry News

New FMCSA Rule Targets Willful Violators

The Federal Motor Carrier Safety Administration’s newest enforcement tool is a shutdown order for carriers that flagrantly disregard the safety rules. Under a final rule to be posted this week, the agency can suspend or revoke the authority of willful repeat violators, and impose civil or criminal penalties.

Tags: FMCSA, ATA, OOIDA, MAP-21, Regulations, Drivers, GAO, Werner Enterprises, FedEx, U.S. Congress

January 21, 2014 - Industry News

HOS Exemptions Granted for Heating Fuel Deliveries in Midwest and Eastern U.S.

Source: MnDOT

The Federal Motor Carrier Safety Administration has issued two emergency exemptions for propane and other home heating fuel haulers, covering the Eastern and Midwest regions of the country.

Tags: FMCSA, Drivers, Regulations, Hours of Service, Safety & Compliance, Propane Transport

January 21, 2014 - Industry News

UPS Expecting Lower Profits

Parcel and trucking company UPS has offered a glimpse of its fourth quarter and 2013 earnings ahead of releasing its full report on Jan. 30.

Tags: UPS, Earnings

January 17, 2014 - Industry News

Propane Haulers Ask for Regional HOS Exemptions

In a letter to U.S. Transportation Secretary Anthony Foxx, the National Propane Gas Association on Wednesday called on him to grant regional exemptions from federal hours of service regulations for the Midwest and Eastern parts of the U.S., to relieve what the group says is "pressure on the current propane distribution network."

Tags: FMCSA, Regulations, Hours of Service, Propane Autogas, U.S. DOT

January 17, 2014 - Industry News

Teamsters and YRC Reach New Tentative Agreement Following Failed Vote

The Teamsters Union and YRC Worldwide announced Friday they reached a tentative agreement on a new labor contract, providing a pathway for substantial debt reduction and refinancing initiatives for the parent of several trucking operations.

Tags: Teamsters, YRC Worldwide, LTL

January 17, 2014 - Industry News

SmartDrive Expands Sales Team

Michael Stapleton

SmartDrive Systems announced that Michael Stapleton and Kelley Overton have joined its management team as vice president of regional sales and director of regional sales, respectively.

Tags: Leadership, SmartDrive Systems

January 17, 2014 - Industry News

Nearly 350,000 Hybrid and Electric Trucks Will be Sold by 2020, Forecasts Navigant Research

According to a new report from Navigant Research, nearly 350,000 light, medium-, and heavy-duty hybrid and electric trucks will be sold in the global commercial fleet market from 2013 through 2020.

Tags: Alternative Fuels & Hybrids, Navigant Research, Hybrid, Battery-Electric Vehicles

January 17, 2014 - Industry News

CNG Station to be Built Near Birmingham

Evergreen Transport LLC has partnered with U.S. Oil for the construction of a Gain Clean Fuel compressed natural gas station to be located near Birmingham, Ala.

Tags: CNG Fueling Stations, CNG

January 17, 2014 - Industry News

The Pete Store Acquires Elliott/Wilson Capital Trucks

The Pete Store announced it has acquired certain assets of Elliott/Wilson Capitol Trucks LLC, a truck dealer with locations in Maryland and Virginia. The acquisition adds a full-service facility in Landover, Md., a parts-only location in Manassas, Va., and territory on the Eastern Shore of Maryland to the dealers’ network.

Tags: Dealers, Mergers & Acquisitions

January 17, 2014 - Industry News

FMCSA Readies Sanctions Against Repeat Violators

The Federal Motor Carrier Safety Administration will publish a rule next week containing tough new sanctions against carriers that disregard safety rules.

Tags: FMCSA, Drivers, Regulations, Safety & Compliance, Enforcement

January 17, 2014 - Industry News

Conway Expects Little Improvement in 4th Quarter Earnings

Trucking and logistics parent company, Con-way Inc. has released guidance ahead of posting fourth quarter earnings, with the expectation they will be around what they were the same time a year ago, 21 cents per share.

Tags: Earnings, Con-Way

January 17, 2014 - Industry News

Economic Watch: Housing Starts Best Since '07, Industrial Production Jumps

The annual rate registered 923,400 single-family homes and apartments, an 18% increase above 2012 figure of 780,600.

Tags: Economy, Freight, Industrial Production, Home Starts

January 16, 2014 - Industry News

Peterbilt Marks 75th Anniversary

In 2014, Peterbilt will celebrate 75 years of being in business with commemorative events throughout the year that include a North American tour with a specialized anniversary trailer, a limited-edition Model 579 and numerous other activities.

Tags: Paccar, Peterbilt, Anniversary

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