July 20, 2016 - Industry News
Truckload linehaul rates in June were nearly the same as the month before, but they are still below levels from a year ago, while there seems to be no end to the recent drop in rates for intermodal shipments.
Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates, Freight Capacity
Asset-light trucking and related services provider Landstar System reported a 20% second quarter decline in earnings due to lower revenue and a big insurance claim.
Tags: Economy, Landstar, Landstar System, Fleet Earnings
A high number of dry van trailer order cancellations caused the trailer market to perform below expectations in June, as U.S. net trailer orders fell 10% from the month before and 56% compared to June 2015.
Tags: Trailers, Dry Vans, FTR, Trailer Orders
The Federal Motor Carrier Safety Administration is delaying the implementation of the final stage of its simplified online registration process, called the Unified Registration System.
Tags: FMCSA, Fleet Safety, Vehicle Registration, Department of Transportation
Fitzgerald Glider Kits has finalized the purchase of two Peterbilt dealerships in the southwest region of Virginia, formerly known by the name Performance Peterbilt of Bristol.
Tags: Peterbilt, Dealership, Mergers & Acquisitions, Glider Kits
Volvo Trucks North America has named Jeff Lester senior vice president of sales, a newly created position within the company, effective Aug. 1.
Tags: Leadership, Truck Sales, People, Volvo Trucks North America
July 19, 2016 - Industry News
Years of work in the lab and millions of miles of road testing has culminated in three new Rotella engine oils formulated to meet the API CK-4 and FA-4 oil-service categories that will start coming on the market later this year.
Tags: Engine Oils, PC-11, Shell Rotella
Southern Freight Services' director of safety, human resources and recruiting, Kelsey Wolfe, was awarded Heavy Duty Trucking’s 2016 Safety & Compliance Award during a ceremony on July 19 at the Fleet Safety Conference.
Tags: Fleet Safety Conference, Awards, Safety & Compliance
Temperature-controlled carrier Marten Transport reported an increase in its second quarter earnings. Although it's another small gain, it did beat analysts' expectations.
Tags: Economy, Marten Transport, Fleet Earnings
Freight shipments and expenditures edged up in June after three months of lackluster performance, hitting their highest levels of the year, according to the Cass Freight Index – but it remains unclear if this is part of a larger trend.
Tags: Economy, Freight Rates, Freight Volume, Freight Capacity, Cass Freight Index
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index dropped by 1.5% in June, following a nearly 3% gain in May.
Tags: ATA, Freight, Truck Tonnage, Truck Tonnage Index, Economy
July 19, 2016 - Product News
Teletrac Navman has launched a new global software platform, Teletrac Navman Director, for the 50- to 500-vehicle market. It tracks trucks and other assets, collects data for analytics, and provides real-time feedback to drivers.
Tags: Telematics, Information Technology, Teletrac
Pressure Systems International, an automatic tire inflation systems provider, has invested in a new aerodynamic technology and entered into an exclusive distribution agreement with Plasma Stream Technologies.
Tags: Partnership, Investment, Aerodynamics, P.S.I.
Great Western Leasing and Sales has acquired the Oregon-based new and used trailer dealership Pacific Truck & Trailer.
Tags: Trailers, Dealers, Flatbed Trailers, Repair Shops
The European Union is fining five truck makers nearly 3 billion euros for acting as a cartel to fix prices of medium and heavy-duty trucks and time the introduction of technologies to comply with emissions rules.
Tags: Iveco, Daimler AG, MAN, European Commission, European Union, Global, Volvo Group, DAF
The Swedish parent to truck brands Volvo, Mack and others reported its second quarter profit slid from a year ago due to lower sales in many parts of the world and has downwardly revised its expectations in North America.
Tags: Volvo, Economy, Volvo Trucks, Earnings, European Union, Volvo Trucks North America, Global
July 18, 2016 - Industry News
Wisconsin-based Contract Transport Services honors police with a special wrapped truck.
Tags: Contract Transport Services
The average price of diesel fuel fell again last week, continuing a streak of very slight declines in the past month, according to the latest numbers from the Energy Department.
Tags: Gas Prices, Diesel Prices, Crude Oil Prices
Volvo Trucks will lay off around 300 more employees later this year due to weaker truck demand in 2016, according to a report in The Roanoke Times.
Tags: Layoffs, Vehicle Manufacturing, Truck Orders, Volvo Trucks North America
July 18, 2016 - Product News
The truckload carrier U.S. Xpress is equipping 1,800 of its new Wabash National and Hyundai Translead trailers with SAF ULX40 Slider Suspension Axle Systems, complete with P89 air disc brakes.
Tags: Trailers, U.S. Xpress, Landing Gear, SAF Holland, Air Disc Brakes
Anderson Trucking Service is expanding its corporate office in St. Cloud, Minn., adding 20,000 square feet to accommodate current and future anticipated growth.
Tags: Headquarters, ATS, Office Expansion
Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.
Tags: Economy, 3PL, Intermodal, J.B. Hunt, Earnings, Fleet Earnings, Dedicated Fleets
T.F. "Scott" Darling is now officially the administrator of the Federal Motor Carrier Safety Administration, after running the agency on an interim basis since Anne Ferro left the post in August 2014.
Tags: FMCSA, Regulators, Truck Safety
Ford Motor’s 2017 F-Series Super Duty pickups with aluminum bodies have higher engine output ratings and more towing and hauling capability than ever, while “smart” technologies make backing and monitoring trailers easier.
Tags: Ford F-450, Ford F-250, Large Pickups, Ford Super Duty, 2017-MY, Towing, Aluminum, Lightweighting
July 15, 2016 - Industry News
The massacre by truck in Nice, France on July 14 raises anew the question of what can be done to prevent low-tech but devastating truck-ramming assaults of people gathered along or near a roadway.
Tags: Department of Homeland Security, Terrorism
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