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March 19, 2014 - Industry News

Biglari Holdings Purchases Truck Insurer First Guard

The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.

Tags: Insurance, Mergers & Acquisitions

March 19, 2014 - Industry News

Trucker Pleads Guilty for Role in Cargo Theft Ring

A truck driver pleaded guilty in federal court on Wednesday for his role in a cargo theft ring that included a theft in West Plains, Mo.

Tags: Drivers, Crime & Fraud, Cargo Theft

March 19, 2014 - Industry News

Bay Area Air District Allocates $5 Million to Reduce Truck-Related Emissions

The Bay Area Air Quality Management District announced that it will allocate $5 million dollars to fund more of the truck replacement applications received during the recent Goods Movement Program solicitation. The funds will be used to assist Bay Area truck owners in meeting the state’s approaching air quality mandates.

Tags: CARB, Bay Area Air Quality Management District

March 19, 2014 - Industry News

Economic Watch: Fed Further Reduces Stimulus Program

The U.S. Federal Reserve on Wednesday announced it would further reduce a stimulus program for the nation’s economy and is leaving interest rates unchanged.

Tags: Economy, Federal Reserve

March 19, 2014 - Industry News

Spot Freight Rates Give Back Some of Last Week’s Gains

This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.

Tags: Freight, Spot Freight, DAT Transcore

March 19, 2014 - Industry News

Coyote Logistics and Access America Transport Merging

The combined company will be one of the largest third-party logistics service providers in North America.

Tags: Access America, Mergers & Acquisitions

March 19, 2014 - Industry News

Nations Express Opens New Freight Division

South Carolina-based expedited trucking company Nations Express has opened a new truckload division.

Tags: Drivers

March 19, 2014 - Industry News

CSM Companies and French-Ellison Merge

CSM Companies, and French-Ellison Truck Center, announced that the two companies will merge on March 31. The result will establish the company as one of the largest commercial truck dealership groups in the United States with 19 facilities.

Tags: Aftermarket, Dealers, Mergers & Acquisitions

March 19, 2014 - Industry News

FMCSA Shuts Down Trucking Operations in Iowa and Massachusetts

The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced that it has ordered the immediate shut-down of two trucking operations carriers, each for disregarding federal safety regulations and putting their companies’ own drivers and the public at risk.

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

March 19, 2014 - Industry News

Winter Slows FedEx Profit Growth, LTL Business Jumps

Photo: Evan Lockridge

Revenue was $11.3 billion, up 3% from $11 billion the same time a year ago, while net income totaled $378 million, up 5% from last year’s $361 million or $1.23 per share compared to $1.13 per share.

Tags: Earnings, FedEx

March 19, 2014 - Industry News

FMCSA Changes Truck-Trailer Weight Definition

In a move to clarify enforcement practices, the Federal Motor Carrier Safety Administration is changing the definition of weight in single-unit trucks that are towing a trailer.

Tags: FMCSA, Truck Weights, Enforcement, Safety & Compliance, Regulations

March 18, 2014 - Industry News

KSM & McLeod Software Announce New Operations Performance

Benchmarking ProjectMcLeod Software and Katz, Sapper & Miller have come together to create a joint project to provide an operations level benchmark for the trucking industry. This initiative seeks to break new ground in giving truckload carriers the opportunity to measure the real performance of their operations against their peers.

Tags: Benchmarking, McLeod Software, KSM

March 18, 2014 - Industry News

Schneider Rolls Out New Logo

The Schneider logo has been refreshed and has a more contemporary design that accurately reflects the broad geographies it serves. The company’s previous logo had been in existence since 1985, which positioned the organization well at the time.

Tags: Schneider

March 18, 2014 - Industry News

ATA Truck Tonnage Index 'Moving in Right Direction Again'

Photo: Evan Lockridge

The American Trucking Associations' For-Hire Truck Tonnage Index performed better in February after plunging 4.5% in January, but weather was still a factor in the numbers.

Tags: ATA, Truck Tonnage, Freight, American Trucking Associations

March 18, 2014 - Industry News

Plans Dead for New I-5 Span over Columbia River

The current northbound I-5 bridge span was built nearly 100 years ago, while the southbound was completed in the 1950s.

Plans to build a new bridge over the Columbia River linking Oregon and Washington along Interstate 5 are dead, and there is no indication when and if they will be revived.

Tags: Washington, Oregon, Highway Funding, I-5, Interstate 5, Bridges, Infrastructure

March 18, 2014 - Industry News

Wyoming Speed Limits to Move Higher

80-mph speed limit sign in Utah. Credit: Wikimedia Commons

Wyoming will soon join an elite club of states with speed limits of 80 mph or greater -- but drivers shouldn't hit the accelerator just yet.

Tags: Drivers, Fuel Economy, Wyoming, Speed Limits, Interstate

March 18, 2014 - Industry News

Economic Watch: Inflation Tame, Housing Starts Slip

The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.

Tags: Economy, Freight, Home Starts, Economic Conditions

March 17, 2014 - Industry News

Average Diesel Cost Falls, Gasoline Increases

The average cost of diesel moved lower over the past week, but is still above the $4 per gallon level for the fourth straight week.

Tags: Oil Prices, Diesel Prices, Gasoline Prices

March 17, 2014 - Industry News

Ryder Partners with Women in Trucking to Develop Female-Friendly Vehicles

To respond to the increasing number of women choosing careers as professional truck drivers and to inspire more women to consider the transportation industry as a career, Ryder System, announced a partnership with Women In Trucking, a non-profit organization established to encourage the employment of women in the trucking industry.

Tags: TMC, Ryder System, WIT, Women in Trucking

March 17, 2014 - Industry News

Con-way Joins Rate Increase Bandwagon

Con-way Freight has become the latest less-than-truckload carrier to announce it is increasing rates. It will institute a general rate hike, averaging 5.4%, applicable to non-contractual business, effective March 31.

Tags: Con-way Freight, Freight Rates

March 17, 2014 - Industry News

Fate of Propane Waivers Bill Rests with President Obama

Late last week the Senate unanimously approved H.R. 4076, which extends these waivers through the end of May.

Tags: FMCSA, Regulations, Hours of Service, HOS, Barack Obama, U.S. Congress, Propane

March 17, 2014 - Industry News

Economic Watch: Manufacturing Posts Biggest Jump Since August

Photo: Evan Lockridge

Manufacturing increased 0.8% compared to the month before, nearly erasing a 0.9% decline in January, which the Fed attributed to extreme weather.

Tags: Economy, Industrial Production, Freight

March 17, 2014 - Industry News

Recalls: Daimler, Paccar Trucks with Natural Gas; Navistar Steering

More details have started to emerge about which trucks models are included in a recall announced earlier this month in which more than 25,000 Cummins and Cummins Westport natural gas powered engines are being recalled.

Tags: Navistar, Freightliner, Sterling, Peterbilt, Recalls, Engines, Daimler Trucks North America, Cummins Westport, Kenworth, Cummins, Paccar, Natural Gas

March 17, 2014 - Industry News

Roadrunner Transportation Purchases California Logistics Provider

Asset-light trucking company, Roadrunner Transportation Systems, has acquired all of the outstanding stock of Unitrans International, a non-asset based provider of international logistics solutions based in Los Angeles, Calif.

Tags: Roadrunner Transportation, Mergers & Acquisitions

March 14, 2014 - Industry News

UPS Freight Increasing Rates

UPS Freight will implement a general rate increase effective March 31. The 4.4% increase applies to non-contractual less-than-truckload shipments rated on the current UPS Freight tariffs.

Tags: UPS Freight, Freight Rates

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