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Fleets

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July 15, 2013 - Industry News

Duff Brothers Buying Frozen Food Express

Temperature-controlled truckload and less-than-truckload carrier Frozen Food Express has reached an agreement to be acquired by Duff Brothers Capital. Duff Brothers will purchases all outstanding shares of FFE common stock for approximately $38.2 billion.

Tags: Mergers & Acquisitions, Frozen Food Express, FFE, Fleets

July 15, 2013 - Industry News

J.B. Hunt Second Quarter Revenue and Profit Improves

J.B. Hunt's intermodal segment saw loads grow by 12%.

J.B. Hunt Transport announced second quarter financials, showing better performance from the same time a year ago, driven by growth in its intermodal, dedicated and logistics operations.

Tags: J.B. Hunt, Fleet Financials, Fleets, Intermodal

July 15, 2013 - Industry News

XPO Logistics to Acquire Logistics Provider 3PD

Connecticut-based XPO Logistics has entered into an agreement to acquire 3PD in a transaction valued at approximately $365 million.

Tags: Fleets, 3PL, Mergers & Acquisitions

July 11, 2013 - Industry News

Inadequate Rates of Return Keeping Fleets from Buying

Many carriers still not seeing adequate rates of return, nor any relief in their ability to renegotiate accessorial charges, according to the 2nd quarter industry survey by Transport Capital Partners.

Tags: HOS, Fleets, rates, TCP, Freight Rates, Accessorials

June 26, 2013 - Industry News

Teamsters Approve UPS Contract But Not at UPS Freight

UPS employees represented by the Teamsters Union have voted to approve a new contract at the company’s parcel operation while those with UPS Freight have voted against a new agreement.

Tags: UPS, Teamsters, UPS Freight, Fleets

June 24, 2013 - Industry News

North Dakota Trucking Operation Cited by OSHA Following Worker Death

Plains Trucking, Ross, N.D.. has been cited by the U.S. Department of Labor's Occupational Safety and Health Administration for nine safety violations after a worker was fatally injured March 27 while cleaning the inside of a crude oil tanker that exploded at the company's facility in Ross.

Tags: OSHA, Trailers, Safety, Fleets

June 17, 2013 - Industry News

Old Dominion to Raise Rates based on Distance, Service

The increased rate provides for a nominal increase in intrastate, interstate and cross-border lane charges. The new rate will also offset the rising costs of new equipment and insurance, while preserving competitive wages and benefits for employees.

Tags: Old Dominion Freight Line, Freight Rates, Fleets, LTL

June 17, 2013 - Industry News

ICT Holdings Launches Refrigerated Division, Expands Flatbed Division

Since 2011, the company says it has grown to over 100 trucks and 140 trailers and sales have increased 427%.

Tags: Fleets

June 14, 2013 - Industry News

Roadrunner Expanding Service in the Great Plains and Northeast

The asset-light transportation and logistics service provider Roadrunner Transportation Systems is opening service centers in Kansas City, Mo., and Buffalo, N.Y.

Tags: LTL, Fleets, Roadrunner Transportation, Missouri, New York

June 13, 2013 - Industry News

Trucking Officials Guilty In $3.6 Million Check-Kiting Scheme

Two officials with Ohio-based Dart Trucking have been found guilty of bank fraud charges related to a $3.6 million check-kiting scheme.

Tags: Fraud, Fleets, Ohio

June 10, 2013 - Industry News

ODFL Revises Upward Second Quarter Expectations

Less-than-truckload carrier Old Dominion expects growth in tonnage per day to increase in a range of 5.0% to 5.5% compared to the second quarter of 2012, versus its previous expectation of an increase in a range of 4.5% to 5.0%.

Tags: Fleet Financials, Old Dominion Freight Line, LTL, Fleets

June 7, 2013 - Industry News

Canada's Vitran Enters Into Interline Partnership to Serve West Coast

Major Canadian carrier Vitran Corp. will close seven terminals in the western part of the U.S. and focus on its core East Coast business, signing interline agreements with two U.S. carriers to handle its Western U.S. routes.

Tags: Canada, Cross-Border Trucking, Fleets

June 4, 2013 - Industry News

Melton's New HQ Will Promote Driver Wellness

Melton Truck Lines is building a new driver-friendly headquarters in Tulsa, Okla., which will emphasize the trucking company's commitment to driver and employee wellness.

Tags: Drivers, Driver Health, Fleets, Melton

May 31, 2013 - Industry News

ABF, Teamsters Agree to Third Contract Extension

ABF Freight System and the Teamsters Union have reached another extension on the current labor agreement while they wait on rank and file members to vote on a new labor agreement between the two sides.

Tags: Teamsters, ABF, Fleets

May 30, 2013 - Industry News

Family of Driver Killed in Crash Gets $6 Million Settlement

Two trucking companies have agreed to pay a total of more than $6 million to the family of a truck driver killed in a 2011 crash with a truck that had bald tires and improperly adjusted brakes.

Tags: Litigation, Fleets, California, Drivers, Safety, Brakes, Tires

May 30, 2013 - Industry News

Con-way Truckload Buys 525 New Tractors Based on Driver Input

Con-way Truckload has purchased 525 new tractors in a replacement cycle that it says will maintain its 2,700-tractor fleet as one of the youngest and most modern in the truckload market.

Tags: Con-way Truckload, Drivers, Fleets

May 29, 2013 - Industry News

USA Truck Awards 10 Scholarships

Ten students who are children and dependents of people affiliated with USA Truck have been awarded a total of $10,000 in scholarships for the 2013-14 academic year through the USA Truck Scholarship Program offered by the Arkansas-based carrier.

Tags: Fleets, USA Truck

May 23, 2013 - Industry News

YRC Freight Begins Network Changes

The move by YRC Freight is part of comprehensive reorganization plan.

The nationwide less-than-truckload carrier YRC Freight this week said it began making changes in its network that will result in the closing of nearly 30 terminals and three distribution centers.

Tags: Fleets, YRC Freight, LTL

May 22, 2013 - Industry News

Celadon Expands Canadian Presence

Celadon Trucking Services announced it will acquire Hyndman Transport Limited, based in Wroxeter, Ontario, Canada.

Tags: Celadon, Canada, Mergers & Acquisitions, Fleets

May 10, 2013 - Industry News

Teamsters Blast YRC, ABF Over Talks

Teamsters Union President James Hoffa Friday had some harsh words for LTL giant YRC Worldwide following news that it tried to purchase competitor Arkansas Best, which owns ABF, calling the move "unconscionable."

Tags: Arkansas Best, Teamsters, YRC Worldwide, ABF, YRC, LTL, Fleets

May 9, 2013 - Industry News

Teamsters Move Closer to Approving UPS Contract

Teamsters Union local leaders representing UPS workers across the country have unanimously endorsed a tentative five-year national agreement, clearing the way for ballots to be prepared and sent to members.

Tags: UPS, Teamsters, UPS Freight, Fleets

May 8, 2013 - Industry News

C.R. England Names Two New Chief Operating Officers

The trucking company C.R. England announced the promotion of two members of its executive committee to the position of chief operating officers. Brandon Harrison and Zach England have been named to the positions with Harrison to oversee national, regional, and Mexico divisions and safety.

Tags: C.R. England, Fleets

May 7, 2013 - Industry News

Roadrunner Buys Southeast Intermodal Firm

The asset-light and logistics service provider Roadrunner Transportation Systems says it has acquired all of the outstanding stock and the Charleston, S.C., property of Wando Trucking, a provider of intermodal transportation and related services in the Southeast.

Tags: Fleets, Roadrunner Transportation, Mergers & Acquisitions

May 6, 2013 - Industry News

CRST Buys Allied Special Products Division

CRST International says its purchase of Allied's Special Products Division will create the most extensive network of specialized distribution centers in North America.

Tags: Fleets, Mergers & Acquisitions, CRST, Allied Van Lines

May 3, 2013 - Industry News

USA Truck Unveils Website For Veterans

Arkansas-based USA Truck added a driver recruiting website exclusively for military veterans. Called "We Hire Heroes" and located at www.HiringMilitaryDrivers.com, this new site is designed to make the transition to civilian employment easier for military personnel.

Tags: Drivers, military, Recruiting, Veterans, Fleets, USA Truck

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