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Fleets

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January 2, 2014 - Industry News

Spot Market Rates Jumped As 2013 Drew to a Close

Rates on one of the nation’s largest spot freight markets increased in all three major categories, according to newly released figures.

Tags: Fleets, Freight, Owner-Operators, Spot Freight, DAT Transcore

December 26, 2013 - Industry News

Western-based Diamond Transportation Expanding Eastward

Diamond Transportation, based in Stockton, Calif., is expanding its services from the Western region of the country to serve to the Midwestern and Northeastern United States.

Tags: Fleets

December 26, 2013 - Industry News

Crete, Shaffer to Offer On-the-Job Training for Veterans

A truck from Crete's Patriot Fleet.

Crete Carrier Corp. and its refrigerated division, Shaffer Trucking, have gotten approval from the Department of Veterans Affairs to provide on-the-job training to veterans and other eligible trainees through the GI Bill.

Tags: Drivers, Driver Training, Veterans, Fleets, Crete Carrier Corp.

December 23, 2013 - Industry News

YRC Worldwide Reaches Agreement to Reduce Debt by $300 Million

Christmas came a couple of days early for the parent of several less-than-truckload carriers, saying it has reached an agreement with certain holders of notes that will allow it to reduce debt by approximately $300 million.

Tags: Drivers, Fleets, Teamsters, YRC Worldwide

December 23, 2013 - Industry News

FMCSA Administrator Anne Ferro Headline Speaker 2014 Mid-West Truck & Trailer Show

The 2014 Mid-West Truck & Trailer Show has been set for Jan. 31 & Feb 1, 2014 at the Peoria Civic Center in Peoria, Ill., located just off I-74 in downtown Peoria, Ill.

Tags: Drivers, Fleets, Owner-Operators

December 22, 2013 - Industry News

TransForce Ups Offer for Vitran

Trucking company TransForce has made a new offer to purchase rival Canadian carrier Vitran and it just may push Manitoulin Transport’s recent deal straight off the table.

Tags: Fleets, TransForce, Vitran, Manitoulin, Canada, Cross-Border Trucking

December 20, 2013 - Industry News

UPS Freight and UPS Parcel Teamsters to Vote Next Month

After rejecting an earlier contract, Teamsters Union members at less-than-truckload carrier UPS Freight are set to vote next month on a new labor agreement.

Tags: Fleets, Teamsters, UPS Freight, UPS

December 20, 2013 - Industry News

Swift Lowers Fourth Quarter Earnings Expectations

Trucking company Swift Transportation has announced it expects adjusted earnings per share to range between 33 and 36 cents per share for the fourth quarter of 2013, compared to its previous expectation of 40 cents per share.

Tags: Fleets, Earnings, Swift Transportation

December 20, 2013 - Industry News

Study: New HOS Rules Could Mean Higher Consumer Costs

New Federal Motor Carrier Safety Administration hours-of-service regulations for truckers could mean increased costs for consumers, according to a new study from the University of Tennessee’s Global Supply Chain Institute.

Tags: FMCSA, Drivers, Hours of Service, HOS, Fleets

December 19, 2013 - Industry News

Port Trucking Companies Say They’re Exempt From California Laws

Trucking companies accused by California of intentionally misclassifying truck drivers a independent contractors, rather than employee drivers, say there is nothing the state can do about it.

Tags: Fleets, Port Trucking, Owner Operators, Independent Contractors, California

December 18, 2013 - Industry News

Transport America Files for Initial Public Offering

Truckload and logistics services provider, Transport America, has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock.

Tags: IPO, Fleets, Transport America

December 18, 2013 - Industry News

FedEx Increases Fiscal Second Quarter Profit, Freight Segment Business Up

The FedEx Ground segment reported revenue of $2.85 billion, up 10% from last year and operating income of $424 million, up 3%. Photo: Evan Lockridge

Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.

Tags: Fleets, Earnings, FedEx, Fleet Financials, LTL

December 18, 2013 - Industry News

Teamsters Express Concern About Sysco's Purchase of US Foods

The Teamsters Union is saying Sysco's acquisition of US Foods announced last week raises serious concerns for workers, stakeholders and customers as the combined company becomes the country's largest institutional/restaurant food service provider and one of the nation’s largest private truck fleets.

Tags: Fleets, Teamsters, Mergers & Acquisitions, Private Fleets, Sysco, US Foods

December 17, 2013 - Industry News

Schneider Moving Forward with Intermodal Chassis Fleet

Schneider National is making a significant investment in its intermodal service with the creation of a company-owned and managed chassis fleet for railroad movements.

Tags: Intermodal, Fleets, Chassis, Schneider National

December 16, 2013 - Industry News

United Road Services Acquires Waggoners' Auto Transport Division

United Road Services and its owner, Charlesbank Capital Partners, have purchased the Auto Transport Division of Waggoners Trucking.

Tags: Fleets, Mergers & Acquisitions, United Road Services, Waggoners Trucking, Drivers

December 11, 2013 - Industry News

UPS Teamsters Inch Closer to Approving Contract

Teamster Union members at UPS parcel delivery business are moving closer bit-by-bit when it comes to approving a new contract.

Tags: UPS, Fleets, Teamsters, UPS Freight

December 11, 2013 - Industry News

Landstar Selling Supply Chain Business to XPO Logistics

Logistics and freight brokerage services provider XPO Logistics will buy the Michigan-based supply chain business of Florida-based Landstar System, including NLM, a provider of web-based expedited transportation management in North America, for $87 million.

Tags: Landstar, Fleets, Logistics, 3PL, Information Technology

December 10, 2013 - Industry News

Manitoulin Transport Purchasing Vitran

Photo: Evan Lockridge

Less-than-truckload carrier Vitran has announced it has entered into an agreement in which fellow LTL Canadian carrier Manitoulin Transport will acquire the company.

Tags: Fleets, Mergers & Acquisitions, Vitran, Manitoulin, Canada, Cross-Border Trucking

December 9, 2013 - Industry News

Sysco and US Foods Merging, Creates Nation’s Second Largest Private Fleet

Two of the nation’s largest distributors of food to commercial kitchens are merging creating one of the nation’s largest private truck fleets.

Tags: Drivers, Fleets, Private Fleets

December 9, 2013 - Industry News

Teamsters to Vote Soon on YRC Contract Extension

The parent to several trucking companies, YRC Worldwide, has announced that local union leaders of the Teamsters Union have approved sending the company's proposed changes to the current Memorandum of Understanding to its 26,000 YRCW members for a vote.

Tags: Fleets, Teamsters, YRC Worldwide, Drivers

December 5, 2013 - Industry News

Loves’s Opens Dayton, Ohio, Location Off I-75

Love's new Dayton, Ohio location.

Love’s Travel Stops opened a new location in Dayton, Ohio, off I-75, expanding its presence in the Buckeye State. The new Love’s is open 24 hours a day and features 98 truck parking spaces.

Tags: Love's Travel Stops, Truckstops, Drivers, Fleets, Diesel Fuel, DEF, I-75, Ohio

December 5, 2013 - Industry News

ABF Closing 30 Terminals

Less-than-truckload carrier ABF Freight System is cutting its number of terminals from 277 to 247. In a “change of operations” filing with the Securities and Exchange Commission, ABF parent company Arkansas Best said it had already eliminated eight facilities in the second half of this year, with the rest still yet to close.

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

December 4, 2013 - Industry News

Patriot Transportation Reports Big Spike in Profits

The parent to liquid and dry bulk hauler, Florida Rock & Tank Lines, has reported a huge increase in income for its fiscal fourth quarter as well as for its fiscal year.

Tags: Fleets, Earnings, Patriot Transportation

December 3, 2013 - Industry News

YRC Looking to Wall Street for Dollars to Help Pay Debt

YRC hopes to raise nearly $29 million by selling 3 million shares of stock. Photo by Evan Lockridge

The financially troubled parent company to several fleets, YRC Worldwide, is looking to investors to help it pay off some debt, according to the Journal of Commerce.

Tags: Fleets, Teamsters, YRC Worldwide, LTL

December 3, 2013 - Industry News

Trucking Lags When it Comes to Adopting Social Media

Freight haulers are embracing social media but still not a much as other business-to-business companies, according to a new study.

Tags: LinkedIn, Facebook, Twitter, Social Media, Promotion, Fleets

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