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February 9, 2015 - Industry News

Average Diesel Price Posts First Weekly Gain Since November

The average cost of on-highway diesel has posted its first price increase so far this year, but remains well below the level from the same time a year ago.

Tags: Oil Prices, Diesel Prices, Gasoline Prices

February 9, 2015 - Industry News

About 100 California Port Truckers Approve New Labor Contract

After only three days of bargaining, about 100 port truck drivers employed by the trucking company Shippers Transport Express, who were reclassified as employees the first of the year and later voted to be represented by the Teamsters Union, approved a collective bargaining agreement on Sunday.

Tags: Port of Los Angeles, Truck Drivers, California, Port of Long Beach, Teamsters, Port Trucking, Labor Unions

February 9, 2015 - Industry News

Volvo Offers Financing Discount for Veterans

This Volvo VNL 670 is adorned with graphics saluting all military service members. Photo courtesy of Volvo

Volvo Trucks is offering veterans a discount off of approved finance rates for new highway or vocational trucks obtained through a Volvo Trucks dealer.

Tags: Volvo Trucks, Vehicle Financing, Veterans

February 9, 2015 - Industry News

Southeastern To Open 4 New Service Centers

Southeastern Freight Lines is expanding its regional LTL business, opening four new services centers in Kentucky and Ohio in response to growing customer need.

Tags: Southeastern Freight Lines, LTL, Freight, Expansion

February 9, 2015 - Industry News

NYC Adding Truck Side Guards to Protect Pedestrians, Cyclists

Photo of truck side guards courtesy of New York City.

New York City will begin adding side guards to 240 of its medium-duty trucks that will prevent a pedestrian or cyclist from being caught under a vehicle during a collision, Mayor Bill de Blasio has announced.

Tags: New York City, Pedestrian Safety, Refuse Trucks, Medium-Duty Trucks

February 9, 2015 - Industry News

Penske Appoints Head of Renamed Dealership Business

Richard Shearing, President of Penske Commercial Vehicles. Photo courtesy of Penske

Penske Automotive Group appointed industry veteran Richard Shearing as the president of its commercial vehicle dealership business.

Tags: Penske, Dealership, People, Daimler Trucks North America

February 6, 2015 - Industry News

Senators Push For Fair Taxing of LNG

Sens. Michael Bennet D-Colo. (left) and Richard Burr R-N.C. Offical Senate photos

Sens. Michael Bennet (D-Colo.) and Richard Burr (R-N.C.) have reintroduced a bipartisan bill that would allow liquefied natural gas (LNG) to better compete with diesel with taxation based on energy output rather than per gallon.

Tags: Diesel, Fuel Tax, Excise Taxes, LNG, U.S. Congress, Fuel and Oil

February 6, 2015 - Industry News

Agility, Clean Energy Reduce Cost of CNG System, Fueling

Photo: Clean Energy Fuels

Agility Fuel Systems and Clean Energy Fuels announced a joint CNG fuel system sales program to reduce the incremental cost of heavy-duty natural gas trucks. Under the program, Agility and Clean Energy will work with trucking customers and offer CNG fuel systems installed at a substantially reduced cost when there is a natural gas fueling agreement.

Tags: Heavy-Duty Trucks, Clean Energy Fuels, Natural Gas Vehicles, Agility Fuel Systems, CNG

February 6, 2015 - Industry News

Hankook Tire Reports Solid 2014 Growth

Hankook Tire recorded revenue of about $6.3 billion and an operating profit of $979 million for 2014, the company announced. The overall operating profit was on par with 2013 results.

Tags: Hankook Tire, Tires and Wheels, Equity Markets, Financial Report

February 6, 2015 - Industry News

Hub Group Profits Move Slightly Lower

Photo: Evan Lockridge

Hub Group Inc. did something few other large publicly traded trucking operations have done in announcing earnings: It reported a slight decline in profits.

Tags: Fleets, Earnings, Hub Group

February 6, 2015 - Industry News

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

Tags: 3PL, Fleets, Mergers & Acquisitions, Echo Global Logistics

February 6, 2015 - Industry News

Truck Drivers Ticketed 10 Times Less for Speeding

Law enforcement officers ticketed non commercial drivers ten times more often than truckers during Operation Safe Driver mobilization week from Oct. 19-25.

Tags: FMCSA, Traffic Violations, Vehicle Inspection, Driver Behavior, CVSA, Speeding

February 6, 2015 - Industry News

Report: Trucking Contributes Little to Overall January Employment Gain

According to the U.S. Labor Department, 257,000 jobs were added last month, while total jobs gains in December were revised upward to 329,000 from 252,000.

Tags: Economy, Unemployment, Employment

February 5, 2015 - Industry News

Pumper Truck Market Revival Evident at World of Concrete

Schwing is displaying numerous wheel- and truck-mounted pumps. Equipment is painted white, but filters on overhead lights produced a green cast. Photo by Tom Berg

The economic recovery has revived construction activity, which was obvious at the World of Concrete show which took place from Feb. 2-6 in Las Vegas.

Tags: Mack Trucks, Construction Industry, Peterbilt Motors Company, Autocar, World of Concrete, Vocational Trucks

February 5, 2015 - Industry News

YRC Worldwide Moves to Bigger 4th Quarter Profit

Photo via YRC.

The parent to several trucking companies, including YRC Freight, released earnings Thursday showing an improvement in the fourth quarter, but the company was still in the red for all of last year.

Tags: Fleets, Earnings, YRC Worldwide

February 5, 2015 - Industry News

Navistar Details Post-Turnaround Plans

Photo of International DuraStar reefer truck courtesy of Navistar.

Top executives of Navistar detailed how the manufacturer will build on the ground it gained in the past two years and gave a five-year plan for the future at the company's analyst day, hosted at Navistar headquarters.

Tags: Navistar, EPA 2010, SCR, Equity Markets, Medium-Duty Trucks, Emissions Reduction

February 5, 2015 - Industry News

Teamsters Cancel Organizing Vote at Con-way Freight’s Orlando Terminal

The Teamsters Union on Thursday withdrew its petition for a representation election of truck drivers just hours before it was to happen at Con-Way Freight’s Orlando, Florida terminal.

Tags: Con-way Freight, Truck Drivers, Teamsters, Con-way Inc., Labor Unions

February 5, 2015 - Industry News

Fleet Engineers Partners with Fuel Efficiency Expert

Henry Albert, president of Albert Transport Inc. Photo via Albert Transport.

Fleet Engineers has partnered with Freightliner’s Team Run Smart Pro and fuel efficiency expert Henry Albert, president of Albert Transport Inc.

Tags: Freightliner, Fuel Efficiency, HDAW, Fleet Engineers

February 5, 2015 - Industry News

VTTI Tasked with HOS Restart Study

The Virginia Tech Transportation Institute is heading the Federal Motor Carrier Administration’s study of the 34-hour restart provision of the Hours of Service rule for truck drivers.

Tags: FMCSA, Driver Safety, Virginia Tech Transportation Institute, HOS, 34-Hour Restart

February 5, 2015 - Industry News

Two More Admit Guilt in CDL Test-Taking Scheme

Two more people have pleaded guilty to charges in a widespread fraudulent Commercial Driver's License test-taking scheme in New York State, following a joint federal and state investigation.

Tags: Office of Inspector General, Crime & Fraud, Crime

February 5, 2015 - Industry News

New U.S. Canadian Bridge Moves Another Step Closer to Construction

Photo via PartnershipBorderStudy.com

The U.S. and Canada have reportedly worked out a deal to clear the last hurdle so work can begin on building a new bridge connecting Detroit and Windsor, Ontario.

Tags: Canada, Cross-Border Trucking, Michigan

February 5, 2015 - Industry News

Cummins Reports Record Annual Revenue

Cummins Inc. on Thursday reported record revenue in 2014 along with a respectable increase in the fourth quarter, due to improvements in the North American truck market.

Tags: Cummins, Earnings

February 5, 2015 - Industry News

Former Arrow Trucking CEO Admits to Charges, Sentencing in May

The one-time head of the defunct Arrow Trucking has pleaded guilty to charges of tax fraud and faces many years in prison.

Tags: Arrow Trucking, Oklahoma, Crime & Fraud, Fleets, People

February 5, 2015 - Industry News

Old Dominion Freight Line Increases Quarterly, Yearly Profits

The less-than-truckload carrier Old Dominion Freight line has reported net income for the final quarter of 2014 rose 48.2% to $69.9 million from $47.2 million a year earlier.

Tags: Old Dominion Freight Line, Fleets, Earnings

February 5, 2015 - Industry News

Forward Air Purchases Fellow Ground Expedite Provider CLP Towne

Forward Air Corp. has announced its Forward Air Inc. business has reached an agreement to purchase the trucking services provider CLP Towne Inc.

Tags: Fleets, Mergers & Acquisitions, Forward Air

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