February 2, 2016 - Industry News
UPS Inc. reported its profit skyrocketed in the fourth quarter of the year, totaling $1.33 billion compared to $453 million a year earlier as the company also beat an earnings forecast. USA Truck and Ryder also saw higher profits.
Tags: Economy, UPS, Ryder System, USA Truck, UPS Freight, Fleet Earnings
February 1, 2016 - Product News
A mock police chase may have lent humor to Navistar’s unveiling Monday of its new International HX series of vocational trucks, but the HX represents serious business for the company.
Tags: Navistar, International Trucks, PayStar, World of Concrete, Vocational Trucks
February 1, 2016 - Industry News
The average price of diesel fuel continued to fall last week amidst reports that global crude oil production would not be cut to meet lower demand.
Tags: Diesel Prices, Gasoline Prices, Crude Oil Prices
The word is out from statehouses and state police barracks in states from Pennsylvania to Vermont that for safety’s sake, snow and ice should be cleared off trucks before they take to the roads.
Tags: driver safety, Winter Driving, Legislation
Omnitracs has introduced the Intelligent Vehicle Gateway, a single, robust mobile device that it says will offer commercial fleets a unified platform for the efficient use of mobile apps and telematics.
Tags: telematics, WIFi, Omnitracs, Mobile Apps
Omnitracs launched the Sylectus Truckload TMS, what it calls "a highly flexible, fully capable" transportation management system tailored to the truckload industry that is accessible from anywhere.
Tags: Information Technology, Omnitracs
The annualized turnover rate at large truckload carriers rose 13 points to 100% in the third quarter of 2015, the highest it has been in three years.
Tags: ATA, Driver Shortage, Driver Turnover
While activity in the nation’s manufacturing improved in January from the month before, according to reports on Monday, there is disagreement as to whether this sector is expanding or shrinking.
Tags: Economy, Manufacturing, Construction Spending, Personal Spending
The voluntary safety recall is limited to FS561 tires in size 255/70R22.5 and only those tires that are installed in the trailer application.
Tags: Firestone, Bridgestone, Recalls, Tires
Meritor announced a one-year extension of “Shoes for Soldiers” and will donate up to $70,000 from remanufactured brake sales and corporate matching funds to the Wyakin Warrior Foundation.
Tags: Charity, Meritor, Veterans, Hiring Veterans
The Commercial Vehicle Solutions Network has partnered with the National Automotive Service Task Force on right to repair. NASTF will integrate heavy-duty OE manufacturers into programs offered on its website.
Tags: Truck and Engine Manufacturers Association, Right to Repair, Repair Shops, HDAW
International's new Class 8 line is replacing the PayStar and includes four models, with long and medium hoods and two diesels.
Tags: Navistar, International Trucks, Cummins ISX15, Vocational Trucks, World of Concrete, Severe Duty, Class 8
January 29, 2016 - Industry News
XPO Logistics has eliminated about 190 non-sales positions in its less-than-truckload business, which it acquired when the company bought Con-way Inc. last year.
Tags: Layoffs, LTL, Con-way Inc., XPO Logistics
More than 1,000 longshoremen walked off the job at New York and New Jersey ports on Friday morning, Jan. 29, effectively shutting down the terminals in a port system that receives nearly 30 percent of all cargo on the East Coast.
January 29, 2016 - Product News
SAF-Holland has introduced the Gold Line Quality Parts brand to expand the products it supplies to the aftermarket.
Tags: Aftermarket Parts, HDAW, Parts and Service, SAF Holland
Overall U.S. economic activity eased back on the gas considerably in the final quarter of last year while it expanded in 2015 at the same pace as the year before.
Tags: Economy, GDP, Consumer Confidence, Consumer Sentiment, Gross Domestic Product
The value of trans-border freight movements between the U.S. and its neighbors took a steep decline, according to new U.S. Transportation Department numbers, while Canada regained its historical rank as top North America trade partner after falling behind Mexico.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight
UPDATED -- Truck and engine manufacturer Paccar on Friday reported record annual revenue of $19.12 billion and record net income of $1.60 billion for 2015, but fell short of analysts’ expectations in the final quarter of the year.
Tags: Kenworth, PACCAR, Peterbilt, Paccar Financial, Paccar Parts, Quarterly Earnings, Fleet Earnings, Werner Enterprises
January 28, 2016 - Industry News
Commercial fleets will register a lower growth percentage of medium- and heavy-duty trucks in 2016, but feed strong demand for aftermarket parts, according to a new forecast from IHS Automotive.
Tags: Parts, Vehicle Registration, IHS Automotive, Forecast, Medium-Duty Trucks
The asset-light trucking and logistics provider Landstar Thursday reported a decline in its fourth quarter profit, but it was higher than expected, and the company also improved its annual performance.
Tags: Economy, Landstar, Landstar System, Fleet Earnings
The year now unfolding will be one of “stability for trucking,” contends Transport Capital Partners, given the results of the consultancy’s Q4 survey of motor carrier executives.
Tags: Freight Rates, Freight Capacity, U.S. Economy
Truck fleets should seek test data on fuel-saving products so they can intelligently decide what to use in their own operations, says Determining Efficiency, the latest “confidence report” from the North American Council for Freight Efficiency and the Carbon War Room.
Tags: Fuel Efficiency, Vehicle Testing, Fuel Economy, NACFE
A Nevada trucking company has been refused a retrial stemming from a fatal 2011 accident in which an Amtrak train was struck by a truck along U.S. 95, causing the deaths of 6 people, including the trucker.
Tags: Accidents, NTSB, Railroads, Litigation
Fleets spent $107 billion on parts and service in 2015, according to John Blodgett, vice president of sales and marketing for MacKay & Co.
Tags: Aftermarket, HDAW, MacKay and Co.
Peterbilt’s Denton, Texas, manufacturing plant is celebrating its 35th year of operation. Since opening in 1980, it has built nearly 500,000 trucks.
Tags: Vehicle Production, Peterbilt, Company Anniversaries, Manufacturing
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