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January 29, 2014 - Industry News

Hub Group Quarterly Income Drops, Increases in 2013

Photo: Evan Lockridge

Hub Group has announced financial results showing income of $16.5 million for the fourth quarter of last year or earnings per share of 45 cents...

Tags: Earnings, Hub Group

January 29, 2014 - Industry News

Con-way Truckload Driver Reaches 4 Million Miles

Con-way Truckload is recognizing Jon Smith, an independent contractor, for surpassing 4 million miles of professional driving for the company. Similar to small business owners, independent contractors own or lease their trucking equipment and work as their own bosses.

Tags: Driver Safety, People, Con-way Truckload

January 29, 2014 - Industry News

Meritor Goes from Quarterly Loss to Profit

Truck component maker Meritor recorded a profit for the final quarter of last year, compared to a loss the same time a year ago, according to a newly released earnings report.

Tags: OEM, Meritor, Aftermarket, Earnings

January 29, 2014 - Industry News

Spot Truck Freight Volume and Rates Drop

Click on graphic to enlarge.

After a strong start to the month, freight activity and rates on the spot truckload market tapered off during the week ending Jan. 25 compared to the previous seven days.

Tags: Freight, Owner-Operators, Spot Freight, DAT Transcore

January 29, 2014 - Industry News

Economic Watch: Trucks Moving More NAFTA Trade

Percent Change in Value of U.S.-NAFTA Freight Flows by Mode, November 2013 Compared to November 2012. Credit: U.S. DOT

Three of the five transportation modes - truck, rail and pipeline - carried more U.S.-NAFTA trade in November 2013 than they did a year earlier, according to new figures from the U.S. Transportation Department.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight

January 29, 2014 - Industry News

Knight Transportation Profit Jumps in Fourth Quarter and 2013

Photo: Evan Lockridge

Truckload carrier and logistics provider Knight Transportation announced Wednesday its fourth quarter 2013 profit increased 12.7% to $20.1 million or 25 cents per share, from $17.7 million or 22 cents per share a year earlier.

Tags: Earnings, Knight Transportation

January 29, 2014 - Industry News

Obama Repeats Call for Tax Reform to Fund Highways

President Barack Obama delivers the State of the Union address at the U.S. Capitol in Washington, D.C., Feb. 12, 2013. (Official White House Photo by Chuck Kennedy)

In his State of the Union address Tuesday night President Obama repeated his call to use corporate tax reform to fund a large, one-time infusion of money into infrastructure.

Tags: Barack Obama, Infrastructure Funding, Natural Gas, ATA

January 29, 2014 - Industry News

Former Daimler Truck Head Renschler Leaves Daimler AG

The former head of Daimler Trucks, who was promoted nearly a year ago by parent Daimler AG to oversee production and purchasing of Mercedes Benz cars and vans, has abruptly left the company.

Tags: Detroit Diesel, Freightliner, Western Star, Daimler, Daimler Trucks North America, People

January 29, 2014 - Industry News

Meritor Continues On Its Journey To Provide Training

Meritor has long positioned itself as a provider of information and training, but has gone one step further developing two Nissan high-roof NV3500 trucks that will deliver onsite product and systems education to fleets, warehouse distributors and independent service garages in the United States and Canada.

Tags: Maintenance, Training, Meritor, Aftermarket, Technician Training, Brakes, Technicians, HDAW 2014, HDAW

January 28, 2014 - Industry News

Werner Profit Slips for All of 2013

Photo: Evan Lockridge

Nebraska-based trucking and logistics company Werner Enterprises has reported a decline in net income for the fourth quarter and all of last year.

Tags: Werner Enterprises, Earnings

January 28, 2014 - Industry News

Study: Plenty of Drivers and Enforcement Officers Still Don’t Understand CSA

Photo: Evan Lockridge

The American Transportation Research Institute has released a new white paper showing a majority of the nation’s truck drivers do not have an understanding of the Federal Motor Carrier Safety Administration’s Compliance Safety and Accountability program. CSA was rolled out nationally just over three years ago

Tags: FMCSA, Drivers, American Transportation Research Institute, CSA, ATRI, Safety & Compliance, CVSA

January 28, 2014 - Industry News

Economic Watch: Durable Goods Shipments and Orders Gain in 2013, Consumer Confidence Increasing

Shipments and new orders for manufactured durable goods in the U.S. ended 2013 on a down note, but each were up for the year, according to a new U.S. Commerce Department report released Tuesday.

Tags: Economy, Consumer Confidence, Durable Goods

January 28, 2014 - Industry News

Con-way Freight’s Tom Syme Reaches 3 Million Consecutive Accident-Free Miles

Con-way Freight announced that Tom Syme surpassed the career milestone of driving 3 million consecutive, accident-free miles. Syme, who started with Con-way as one of its first employees 30 years ago, is the second of Con-way Freight’s 16,000 drivers nationwide to reach this safe-driving achievement.

Tags: Driver Safety, Con-way Freight

January 28, 2014 - Industry News

Missouri DOT Launches “Freight Plan”

The Missouri Department of Transportation has launched the Missouri Freight Plan, the next step in a process started last year to develop the state's long-range transportation plan.

Tags: Infrastructure, Missouri, Highways, Freight

January 28, 2014 - Industry News

William McNamee Named a TCA Highway Angel

For stopping to help a driver who experienced a tire blowout on the highway, William McNamee of Christopher, Ill., has been named a Highway Angel by the Truckload Carriers Association. McNamee, who has driven trucks professionally for 22 years, is a company driver for Carbon Express Inc., of Wharton, N.J.

Tags: TCA Highway Angel, Carbon Express

January 28, 2014 - Industry News

TMC Introduces New Certified VMRS Specialist Program

ATA’s Technology & Maintenance Council is introducing a Certified Specialist Program for users of the Vehicle Maintenance Reporting Standards. VMRS is the industry standard coding convention for tracking equipment and maintenance information.

Tags: ATA, TMC, VMRS

January 28, 2014 - Industry News

Drug & Alcohol Clearinghouse Proposal Nears Publication

The Federal Motor Carrier Safety Administration is now one step away from publishing a proposal to create a national database containing driver drug and alcohol test results.

Tags: FMCSA, Drivers, Drug Testing, Safety & Compliance

January 28, 2014 - Industry News

IANA Intermodal Expo Moves to September in 2014

The Intermodal Association of North America has announced a series of additions to the Intermodal Expo. Taking place Sept. 21-23 in Long Beach, Calif., the 2014 Intermodal EXPO will be a stand-alone event for the first time in 11 years.

Tags: Intermodal, Events, FTR, IANA, Association of American Railroads

January 28, 2014 - Industry News

Eric Jorgensen Named Chairman of ATD

Eric Jorgensen, president and CEO of JX Enterprises in Hartland, Wis., is the new chairman of the American Truck Dealers. He replaces Dick Witcher, chief executive officer of Minuteman Trucks in Walpole, Mass., who served as chairman for two years.

Tags: ATD, Leadership

January 28, 2014 - Industry News

Wabco Reman Solutions Named Heavy Duty Remanufacturer of the Year

Wabco Reman Solutions was named the “Heavy Duty Remanufacturer of the Year” Award winner by the Heavy Duty Remanufacturing Group. Accepting the award from Sandra Standley, right, chairman of HDRG, is a team from Wabco Reman Solutions, including (left to right) Joe Kripli, Global Business Development Leader; Jeffrey Stukenborg, Chief Engineer; and Salvador Munoz, Reman Business Leader.

Wabco Holdings Inc. announced that its Reman Solutions business has been named Heavy Duty Remanufacturer of the Year by the Heavy Duty Remanufacturers Group of the Automotive Parts Remanufacturers Association.

Tags: Remanufacturing, HDRG, APRA, Wabco

January 28, 2014 - Industry News

Dealer-Fleet Cooperation, Driver Shortage are Vital Issues, ATA Chairman Says

Truck dealers and fleet managers need to work together to smooth maintenance on complex trucks so the industry can continue to grow, Philip Byrd, 2014 chairman of the American Trucking Associations, told an audience at the American Truck Dealers’ annual convention in New Orleans on Sunday.

Tags: American Truck Dealers, American Trucking Associations, Drivers, Maintenance, Dealers, ATA

January 27, 2014 - Industry News

Economic Expansion Likely To Continue

While some people are seeing optimism in housing starts, there's still a long way to go.

LAS VEGAS -- The economic expansion is likely to continue through the balance of the year, predicts Bob Dieli, president and founder of RDLB Inc., an economic research and management consulting firm.

Tags: Economy, HDAW, MacKay and Co., Housing Starts, HDAW 2014

January 27, 2014 - Industry News

XPO Announces Stock Sale, Reveals Preliminary Earnings Report

XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.

Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Pacer International

January 27, 2014 - Industry News

Covenant Net Income Doubles in Final Quarter of 2013

The parent to several freight transportation providers, including Covenant Transport, has released numbers showing net income doubled in the final quarter of the year, but there was a slight decline for all of 2013.

Tags: Covenant Transport, Earnings

January 27, 2014 - Industry News

Swift Transportation Income Up for 2013, Falls in Fourth Quarter

Photo: Evan Lockridge

Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.

Tags: Earnings, Swift Transportation, Fleet Financials

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