April 24, 2014 - Industry News
The asset-light trucking and logistics provider Landstar System has reported record first quarter net income of $27.6 million, or 61 cents per diluted share, on record first quarter revenue of $688 million.
Tags: Fleets, Earnings, Landstar
Parcel delivery and trucking giant UPS has reported a lower first quarter profit despite higher revenue, while another major less-than-truckload player hit a record.
Tags: UPS, Old Dominion Freight Line, Fleets, Earnings, UPS Freight
The Teamsters Union has rolled over on the desires of some of its members, overriding earlier votes that continued to delay a new national contract with parcel carrier UPS.
Tags: Drivers, UPS, Fleets, Teamsters, UPS Freight, Labor Unions
April 23, 2014 - Industry News
Iowa-based truckload carrier Heartland Express has reported record operating revenue for the first quarter of the year, but its profit fell 28.4% from the same time a year ago.
Tags: Fleets, Earnings, Heartland Express, Gordon Trucking
April 22, 2014 - Industry News
Severe weather is being blamed for another downturn in profits by one of the nation’s largest trucking companies in the first quarter of the year.
Tags: Werner Enterprises, Fleets, Earnings
April 21, 2014 - Industry News
Trucking and logistics provider Forward Air increased revenue the first quarter of the year but income fell compared to the same time in 2013.
Tags: Fleets, Earnings, Forward Air
Marten Transport, a Wisconsin-based carrier, just announced a change to its automatic driver detention pay program, which will now compensate drivers after just one hour.
Tags: Marten Transport, Detention Pay, Drivers, Fleets
April 18, 2014 - Industry News
A Wyoming-based trucking company is facing possible fines of more than $1 million for illegally dumping saltwater on a road, while criminal charges have been filed against the driver.
Tags: Drivers, Regulations, North Dakota, Fleets, Crime, Wyoming
The tanker trucking company Kenan Transport will pay $27,000 to settle a pregnancy discrimination and retaliation lawsuit brought by the Equal Employment Opportunity Commission, the agency announced Thursday.
Tags: Fleets, Litigation, EEOC, Equal Employment Opportunity Commission, Kenan Advantage Group
April 17, 2014 - Industry News
The trucking operation Hub Group has reported a 22% drop in first quarter income compared to the same time last year while revenue increased 10%.
Tags: Fleets, Earnings, Hub Group
The private equity firm Warburg Pincus had reached an agreement to acquire the fuel card and fleets payment services provider Electronic Funds Source.
Tags: Fuel Management, Fleets, Mergers & Acquisitions, EFS
An operations manager for California household good mover has been sentenced to 18 months in prison for participating in a “low ball estimate” scheme, as part of a more than 10-year federal investigation.
Tags: FMCSA, Florida, California, Office of Inspector General, Crime & Fraud, Fleets, Household Goods Movers
April 16, 2014 - Industry News
A trucking company has filed a lawsuit against the Illinois Department of Revenue over it disallowing the states rolling stock sales tax exemption on one of its pieces of equipment.
Tags: Taxes, Illinois, Fleets, Litigation
Online freight marketplace uShip has announced three top national less-than-truckload carriers have committed to uShip’s shipper-direct LTL spot rate marketplace.
Tags: Con-way Freight, Information Technology, Old Dominion Freight Line, LTL, uShip, Fleets, YRC Freight
April 15, 2014 - Industry News
Marten Transport on Tuesday reported net income of $5.3 million, or 16 cents per diluted share, in the first quarter of the year, compared with $7.2 million, or 22 cents per diluted share, in the first quarter of 2013.
Tags: Fleets, Earnings, Marten Transport
The owner of a Massachusetts trucking company got far less than the maximum penalty for attempting to bribe a Federal Motor Carrier Safety Administration official.
Tags: FMCSA, Federal Motor Carrier Safety Administration, Crime & Fraud, Fleets, Safety & Compliance
April 14, 2014 - Industry News
Less-than-truckload carrier Old Dominion Freight Line will increase its base rates by an average of 4.3% effective May 1.
Tags: Old Dominion Freight Line, Fleets, Freight Rates
Connectivity continues making gains in and in the not too distant future every person, device and piece of equipment in trucking operation will be connected.
Tags: Fleet Management Software, Carrier Logistics, Fleets, Information Technology, FedEx, Pitt Ohio Express
Multi-mode freight transportation provider J.B. Hunt Transport Services on Monday reported first quarter 2014 net earnings of $68.7 million, or diluted earnings per share of 58 cents, compared to first quarter 2013 net earnings of $73.3 million, or 61 cents per diluted share.
Tags: J.B. Hunt, Fleets, Earnings
Truckload carrier Knight Transportation has revised upward expectations for its first quarter earnings.
Tags: Fleets, Earnings, Knight Transportation
April 9, 2014 - Industry News
The new facility joins Ceva’s existing network of foreign trade zone operations in Los Angeles, Dallas/Fort Worth and Chicago.
Tags: CEVA Logistics, Fleets
April 8, 2014 - Industry News
Trucking company giant Swift Transportation is warning its first quarter earnings will be lower than it previously expected, between 11 cents and 13 cents per share.
Tags: Fleets, Earnings, Swift Transportation
April 4, 2014 - Industry News
NIC Technologies, in partnership with the Federal Motor Carrier Safety Administration have released an enhanced version of the Pre-Employment Screening Program website.
Tags: FMCSA, Drivers, Fleets
Three trucking companies have reached a merger agreement, creating what it says is one of the largest hydraulic fracturing proppant logistics companies for the oil field industry in North America.
Tags: Fleets, Fracking, Mergers & Acquisitions
April 2, 2014 - Industry News
Transportation provider FedEx Freight has opened a new container freight station in its Chicago Summit, Ill. facility to consolidate and sort freight bound for Puerto Rico.
Tags: Fleets, FedEx
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