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January 29, 2016 - Industry News

Economic Watch: GDP Growth Slows, Consumers Still Optimistic

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

January 29, 2016 - Industry News

U.S. Cross-Border Freight Declines More Than 8%

Percent change in value of U.S.-Canada/Mexico freightflows by mode: November 2014 - 2015. Graphic: U.S. DOT

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

January 29, 2016 - Industry News

Earnings Watch: Paccar Record Annual Income, Werner Profit Rises

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 Truck Demand to Slow, Parts Remain Stout

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

January 28, 2016 - Industry News

Earnings Watch: Landstar Beats Fourth Quarter Expectations

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

January 28, 2016 - Industry News

Survey: Motor Carriers Expect Stable Growth in 2016

TCP survey indicates 61% of carriers expect to expand their fleets this year. Image: TCP

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

January 28, 2016 - Industry News

Find Test Data in Choosing Economy Options, Report Says

Fleet managers should understand the types of tests, and know how one was run and how it relates to their everyday operations.

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

January 28, 2016 - Industry News

Judge Denies Retrial to Trucking Company in Amtrak Crash

A frame from the NTSB animation recreating the accident. Image: NTSB

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

January 28, 2016 - Industry News

Rising Demand for Aftermarket Parts and Service

John Blodgett, vice president of sales and marketing for MacKay & Co. Photo: Denise Rondini

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.

January 28, 2016 - Industry News

Peterbilt’s Denton Plant Celebrates 35th Anniversary

Denton's original employees with the first truck produced at the facility. Photo: Peterbilt

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

January 28, 2016 - Industry News

Economic Watch: Durable Goods Orders Sink as New Home Sales Jump

New orders for long-lasting durable goods plunged in December while shipments also fell, according to an advance report on Thursday from the U.S. Commerce Department, following a decision by the Federal Reserve to not raise a key interest rate.

Tags: Economy, Durable Goods, Home Sales, Federal Reserve

January 27, 2016 - Industry News

Peterbilt Installs First Lightweight MX-11 Engine

Photo: Peterbilt

Peterbilt’s first lightweight Paccar MX-11 engine was installed recently in the company’s newest vocational truck, the Model 567, in a set-forward front axle configuration.

Tags: Peterbilt, Paccar MX Engine, Contractor Fleets

January 27, 2016 - Industry News

Earnings Watch: Lower Fourth Quarter Profits for Knight, Celadon

UPDATED -- Net income for two trucking and logistics companies experienced pullbacks in the fourth quarter of the year, according to earnings reports released Wednesday.

Tags: Economy, Celadon Trucking Services, Celadon Group, Knight Transportation, Fleet Earnings

January 27, 2016 - Industry News

Volvo Group Reorganizes by Truck Brands

The Volvo Group is reorganizing based on truck brand, a move the Sweden-based global truck and engine maker says “offers clearer commercial accountability” for the group’s various truck brands.

Tags: Mack Trucks, People, Global, Volvo Group

January 27, 2016 - Industry News

Fontaine Opens F-650/F-750 Upfitting Center in Ohio

Photo of 2016 F-750 truck courtesy of Ford.

Fontaine Modification Vocational Services has opened a modification center in Avon Lake, Ohio, to provide modifications for Ford's 2016 F-650 and F-750 medium-duty trucks, including an exclusive tractor package for beverage fleets, the truck upfitter has announced.

Tags: Ford, Fontaine Modification, Ford F-650, Food and Beverage Fleets, Ship-Thru, Vocational Trucks, Vehicle Modifiers, Truck Equipment

January 27, 2016 - Industry News

Time Off Positively Impacts Driver Performance, Study Shows

Carriers can improve the productivity and performance of drivers by meeting their requests to take time off, according to the results of a recent study conducted by Stay Metrics.

Tags: Driver Shortage, driver performance, Driver Retention, Stay Metrics

January 27, 2016 - Industry News

Spot Freight Rates Continue Freefall

First, the good news. Last week’s winter storms had minimal effect on spot market truckload freight rates and load-to-truck ratios. Now, the bad news. Both managed to slip all on their own, with rates in the three major sectors being the lowest in at least the last four weeks.

Tags: Spot Freight, Freight Rates, DAT Solutions

January 27, 2016 - Product News

Accuride Previews Lightweight Composite Brake Drum

Accuride's MMC brake drum could save up to 100 pounds per axle. Photo: Accuride

Accuride president and CEO Rick Dauch spoke about the company’s recently acquired metal matrix composite technology during a briefing at HDAW, explaining the role MMC would play in Accuride’s lightweight components.

Tags: Accuride, Lightweight Materials, Lightweighting, Brake Parts

January 27, 2016 - Industry News

Earnings Watch: Heartland Profit Drops, Patriot Moves Higher

Earnings for the trucking company Heartland Express Inc. (NASDAQ: HTLD) declined in both the final quarter of 2015 and all of last year due to less business while Patriot Transportation Holding Inc. (NASDAQ: PATI) saw an improvement due in large part to a legal settlement.

Tags: Florida, Economy, Patriot Transportation, Heartland Express, Fleet Earnings

January 27, 2016 - Product News

Accuride Rolls Out Anti-Corrosion EverSteel Wheel Technology

Accuride's new aluminum wheels is said to save 5-7% in weight over previous models. Photo: Accuride

At HDAW, component supplier Accuride launched its EverSteel wheel technology, designed to prevent corrosion in steel wheels, as well as two new lightweight aluminum wheels.

Tags: Corrosion, Wheels, Aluminum, Accuride

January 27, 2016 - Industry News

Dana Spicer Adds Parts to Support 'Downspeeding'

LAS VEGAS -- More than 150 part numbers have been added for heavy-duty Spicer AdvanTek 40-series tandem drive axles and Spicer Life Series SPL 350 driveshafts and universal joints.

Tags: Aftermarket Parts, Dana Holding Corp., Dana Spicer, Drivetrains, Downspeed

January 27, 2016 - Industry News

Ohio Trucking Company Organizes Bottled Water Drive for Flint

Unloading donations of bottled water at Jet Express to be shipped to Flint, Mich. Photo courtesy Jet Express.

Kevin Burch grew up in Flint, Mich.,, so it's only natural that he would start a campaign to get trucking companies involved in providing bottled water to the city whose water has been poisoned by dangerous levels of lead.

Tags: Image, Jet Express

January 27, 2016 - Industry News

Economist: Low Risk of U.S. Recession

Economist Bob Dieli expects “truckable economic activity” to continue to grow at a pace similar to that of 2015. Photo: PacLease

The odds of a recession in the U.S. during the first three quarters are low, according to Bob Dieli, president and founder of RDLB, Inc.

Tags: Economy, HDAW

January 27, 2016 - Industry News

Meritor Partners with TruckDown On Service Point Program

Meritor is partnering with TruckDown on its Meritor Service Point program to help fleets find approved service centers.

Tags: Partnership, Meritor, Service Center

January 26, 2016 - Product News

Meritor Expands All-Makes Clutch Line

Meritor is launching a new line of Meritor AllFit clutches designed for original equipment and warehouse distributor customers.

Tags: Aftermarket Parts, Meritor, HDAW, Clutches

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