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February 5, 2010 - Industry News

YRC Narrows Fourth Quarter Loss Amid Debt Swap

In its debt-for-equity swap, Overland Park, Kan.-based YRC received tenders for approximately $470 million in par value, representing approximately 88 percent of the company's outstanding notes.

Less-than-truckload giant YRC Worldwide posted an operating loss of $95 million for the fourth quarter of 2009, up from the third quarter's $118 million loss and the year-ago quarter's operating loss of $335 million

February 5, 2010 - Industry News

HDMA Announces 2010 Board of Directors, Officers

The Heavy Duty Manufacturers Association recently announced its new board of directors and officers for 2010, with Dennis Michels, president and CEO of Link Manufacturing, accepting a second term as chairman and Patrick Cavanagh, president and CEO of Williams Control

February 5, 2010 - Industry News

Pacifica Trucks Found to be Misclassifying Drivers

The lawsuit argued that because Pacific Trucks provided trucks and other business-related expenses used by employees, it should have classified its workers as employees.

The Los Angeles Superior Court has ruled against Pacifica Trucks, Wilmington, Calif., which was found to have misclassified its drivers as independent contractors

February 5, 2010 - Industry News

January Truck Orders Reach a New Low

Class 8 truck orders have not been this low since July 2002, according to preliminary data released by FTR Associates

February 5, 2010 - Industry News

Xata Gets Revenue Up With Turnpike Acquisition

While software provider Xata managed to boost its revenue by 20 percent in the first quarter of fiscal 2010 with its acquisition of Turnpike Global Technologies, the company widened its net loss to $1.6 millio

February 4, 2010 - Industry News

Con-way Narrows Loss in Fourth Quarter; Revenue Stabilizes

Con-way Truckload's income was down 43.3 percent to $8.2 million.

While Con-way Inc. did not have as weak a quarter as the fourth quarter of 2008, the company still posted a net loss of $1.9 million, or 4 cents a share, which it attributes to expenses related to an administrativ

February 4, 2010 - Industry News

Gentle Giant Wins 'The Indy'

The American Moving & Storage Association has honored Gentle Giant Moving Company of Somerville, Mass., with the Independent Mover of the Year Award, or "the Indy.

February 4, 2010 - Industry News

Millions in Unpaid Claims Surface at Arrow Trucking

Arrow Trucking may owe between $2.25 million and $5 million in unpaid civil damages and medical claims the company let pile up while it was in busines

February 4, 2010 - Industry News

Obama Announces Comprehensive Plan For Clean Energy

At a meeting with a bipartisan group of governors, President Barack Obama laid out plans to boost biofuels production and reduce our dependence on foreign oil

February 4, 2010 - Industry News

Fleets Hesitant About Buying in First Quarter

Only 28 percent of fleet managers said they plan to place orders for power units in the next three months.

Despite news that the market may be slowly starting to turn around, fleets are even more soft on buying equipment in the first quarter of 2010, with CK Commercial Vehicle Research's FSR Equipment Buying Index dropping 21 percen

February 4, 2010 - Industry News

PHMSA Considers Fee Hike For Hazmat Carriers

In the Feb. 2 Federal Register, the Pipeline and Hazardous Materials Safety Administration issued a notice of proposed rulemaking to more than triple the annual registration fee for shippers and carriers of hazardous materials

February 4, 2010 - Industry News

Sirius XM's Road Dog Available For Blackberry Phones

Truckers can now listen to Sirius XM Radio's news and talk channel for trucking, Road Dog, on Blackberry smartphones through a new free application

February 4, 2010 - Industry News

HDMA Puts Heavy Duty Dialogue 2011 on the Calendar

Heavy Duty Manufacturers Association has announced that it will hold its Heavy Duty Dialogue at The Mirage in Las Vegas on Jan. 17, 2011

Tags: Events

February 4, 2010 - Industry News

Covenant Narrows Loss in Fourth Quarter

Covenant reduced its average tractor fleet by about 276 trucks from a year ago.

Covenant Transportation Group managed to narrow its loss in the fourth quarter, posting $2.7 million, or 19 cents a share, in net loss, compared with a net loss of $39.8 million, or $2.83 a share, in the 2008 quarte

February 3, 2010 - Industry News

ATA Is Among Those Calling for Reform of Commodities Markets

Excessive speculation in the commodities markets plays a significant role in the run-up of diesel fuel prices, said Randy Mullett, Vice President of Government Relations and Public Affairs at Con-way.

Excessive speculation in commodities markets helped create the economic crisis and plays a significant role in fuel price run-ups, and needs to be brought under federal control. That was the message to Congress yesterday from a coalition of commodities consumers

Tags: Fuel and Oil

February 3, 2010 - Industry News

American Forge & Foundry Donates Equipment to Tech Schools After HDAW

As attendees and vendors were saying their goodbyes at the end of Heavy Duty Aftermarket Week last month in Las Vegas, shop equipment provider American Forge & Foundry was trying to decide what to do with the heavy-duty lifting product

February 3, 2010 - Industry News

Mid-West Truck Show Coming Up This Weekend

The 47th Annual Mid-West Truck Show will be held this weekend, Feb. 5-6 at the Peoria Civic Center in Peoria, Ill., featuring expanded displays, programs and space for nearly 200 exhibitors

Tags: Events

February 3, 2010 - Industry News

Patriot's Transportation Segment Suffers on Decreased Miles, Fuel Surcharges

For the first quarter of fiscal 2010, Patriot Transportation Holding posted lower results in its transportation segment on reduced miles driven and lower fuel surcharges

February 3, 2010 - Industry News

ASAA Maps Out Sleep Apnea Conference

The American Sleep Apnea Association (ASAA) has announced the agenda for its Sleep Apnea & Trucking Conference on May 11-12 in Baltimore, Md

Tags: Events

February 3, 2010 - Industry News

Dedicated Transport Acquires Liquid Bulk Carrier

Dedicated Transport Holdings, a privately held company headquartered in Cleveland, has acquired All Star Transportation, with locations in Clearwater, Fla., and New Castle, Del

February 3, 2010 - Industry News

C.H. Robinson Sees Performance Stabilize in Fourth Quarter

Third party logistics company C.H. Robinson saw its numbers stabilize in the fourth quarter, which looked very similar to the year-ago period

February 3, 2010 - Industry News

DOT Proposes Changes to Drug Testing Procedures

The Department of Transportation is proposing to amend certain provisions of its drug testing procedures, to create consistency with new requirements established by the U.S. Department of Health and Human Services Mandatory Guidelines

February 3, 2010 - Industry News

ABF Freight Names New Road Team Members

ABF Freight System, a subsidiary of Arkansas Best Corporation, has chosen 12 drivers to join its 2010-2011 Road Team, which consists of the top driving professionals from across the carrier's North American network

February 3, 2010 - Industry News

Panel: Electronic Logging Technology Addresses Fleet Priorities

(Photo courtesy of Dupre Logistics)

According to Allan Lowry, director of safety at Central Refrigerated Service, there are three main priorities for a fleet: safety, service and retention. Electronic logging technology addresses every one of those priorities, Lowry said during a panel session at Qualcomm Enterprise Services' recent user conference in Coronado, Calif. Lowry joined in on the discussion with some other fleets and a company driver to talk about their use of electronic on-board recorders

February 3, 2010 - Industry News

Cummins Announces Multi-Year Agreement with Chrysler

Cummins announced a multiyear extension of its current agreement with Chrysler Group LLC. Cummins will supply 6.7-liter Turbo Diesel engines for Ram Heavy Duty pickups and Chassis Cab truck

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