August 23, 2013 - Industry News
Pennsylvania DOT Secretary Barry Schoch has authorized his department to add or increase weight restrictions to about 1,000 structurally deficient bridges.
Tags: Drivers, Pennsylvania, Highway Funding, Fleets, Road Construction, Bridges
August 22, 2013 - Industry News
Heavy Duty Trucking is looking for fleets that have made a commitment to sustainability, alternative fuels and greenhouse gas emissions for its November issue on Top Green Fleets.
Tags: Fleets, Alternative Fuels & Hybrids, Natural Gas, MPG, Emissions
August 21, 2013 - Industry News
A truck driver reported that he was distracted just before he ran into the car in front of him, pushing it off of the Chesapeake Bay Bridge into the water 27 feet below.
Tags: Accidents, Drivers, NTSB, Maryland, Fleets
More than nine years after a suit was first filed against the carrier Swift Transportation, over claims it cheated drivers out of compensation, it has been certified as a class action.
Tags: Drivers, Fleets, Litigation, Swift Transportation
Freight rates on one leading spot market have declined over the past week, but they remain stronger than usual for this time a year, especially in two sectors.
Tags: Fleets, Freight, Owner-Operators, Spot Freight, DAT Transcore
August 20, 2013 - Industry News
Four fleets were honored as “exceptional” innovators at PeopleNet’s annual Customer Appreciation Dinner during the company’s users conference Tuesday in San Antonio.
Tags: Information Technology, PeopleNet, Fleets
August 19, 2013 - Industry News
Texas-based Paradigm Oil and Gas closed on the purchase of Cam Trucking and Well Services on Friday.
August 16, 2013 - Industry News
U.S. housing starts in July jumped 5.9% in July from the month before due to strength in volatile multifamily construction.
Tags: Economy, Fleets
August 15, 2013 - Industry News
Asset-light and logistics provider, Roadrunner Transportation, has priced a public offering of 4.3 million shares of common stock, an increase over its previously announced public offering of 3.5 million shares, at a price of $27 per share to the public.
Tags: Fleets, Roadrunner Transportation
August 12, 2013 - Industry News
Two New York legislators are pushing a bill that would allow states to regulate port trucking in ways similar to the Port of Los Angeles program that was rejected by the Supreme Court.
Tags: Drivers, ATA, American Trucking Associations, Port of Los Angeles, Fleets, Ports, Owner-Operators, Port Trucking
August 9, 2013 - Industry News
The Transportation Department sent its proposed Electronic Logging Devices rule to the White House Office of Management and Budget for final vetting before publication.
Tags: FMCSA, Drivers, Hours of Service, EOBR, Fleets, ELog
August 8, 2013 - Industry News
The ocean cargo shipping line, Maersk, announced today that it has entered into an agreement to sell substantially all the assets of its subsidiary Bridge Terminal Transport, to an affiliate of Platinum Equity, a Los Angeles-based private equity firm.
Tags: Drivers, Fleets, Owner-Operators
August 5, 2013 - Industry News
Con-way Truckload has announced it is investing in three safety technology systems for all of the 525 new tractors it will take delivery of in 2013.
Tags: Safety Technology, Fleets, Con-way Truckload, Bendix, Meritor Wabco, Takata, Electronic Stability Control, Collision Avoidance, Lane Departure Warning, Safety & Compliance
EZE Trucking, which provides trucking and logistics for the infrastructure, energy and industrial markets, along with the private equity firm Atlantic Street Capital, have acquired Rig Runners, a heavy haul and over dimensional trucking company.
Tags: Fleets, Mergers & Acquisitions
July 26, 2013 - Industry News
More carriers have reported second quarter financial results, with both Covenant Transport and Universal Truckload showing a decline in profit, Pacer showing a slighter bigger one, and Saia and P.A.M. showing increases in both profit and revenue.
Tags: Fleet Financials, Covenant Transport, Earnings, Saia, Pacer Transportation, Universal Truckload, P.A.M. Transportation, Fleets
July 25, 2013 - Industry News
The multi-service trucking provider Swift Transportation saw an increase in both earnings and revenue during the second quarter of the year. The Arizona-based operation posted a profit of $42.9 million compared to $33.7 million from the same time a year ago.
Tags: Fleet Financials, Earnings, Swift Transportation, Fleets
Asset-light trucking company Landstar System has reported a second quarter downturn in profit and business but expects a pickup in the current quarter.
Tags: Fleet Financials, Earnings, Landstar, Fleets
Less-than-truckload carrier Old Dominion Freight Line has reported a big boost in profit and business for the second quarter of the year as well as the first half of 2013.
Tags: Fleet Financials, Old Dominion Freight Line, Earnings, Fleets
The Teamsters Union and UPS Freight have agreed to an extension of the current UPS Freight National Agreement in order to give the parties time to continue negotiations. This means that the current agreement will remain in place until the agreement has been revoted and accepted by the members.
Tags: UPS, Fleets, Teamsters, UPS Freight
July 23, 2013 - Industry News
Parcel and freight transport giant UPS has reported a slight drop in its second quarter profit, falling from $1.79 billion in 2012 to $1.74 billion for the most recent quarter.
Tags: UPS, Earnings, Fleets, Fleet Financials
Werner Enterprises saw its total revenue fall 3% to $506.6 million in the second quarter compared to last year, while net income dropped 16% to $25.8 million. A cold, wet April was the primary culprit.
Tags: Werner Enterprises, Earnings, Fleet Financials, Fleets
July 22, 2013 - Industry News
Two carriers serving the less-than-truckload markets have announced general rate hikes.
Tags: Freight Rates, LTL, Fleets
Iowa-based truckload carrier Heartland Express announced financial results for the second quarter of the year, showing net income increased $0.9 million to $19.1 million compared to $18.2 million in the 2012 period, a 5% increase.
Tags: Earnings, Heartland Express, Fleet Financials, Fleets, Freightliner, Navistar
July 17, 2013 - Industry News
Wisconsin-based temperature-controlled trucking company Marten Transport reported an increase in net income to $7.7 million, for the second quarter ended June 30, compared to $7.6 million from the same time last year.
Tags: Fleet Financials, Marten Transport, Fleets
July 15, 2013 - Industry News
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
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