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May 27, 2014 - Industry News

ODFL Raises Second Quarter Expectations

Less-than-truckload carrier Old Dominion Freight Line on Tuesday increased its outlook for growth in second-quarter revenue per hundredweight, excluding fuel surcharges, to a range of 3% to 3.5% from the same time in 2013.

Tags: Old Dominion Freight Line, Fleets, Freight

May 27, 2014 - Industry News

Werner Enterprises Co-Founder Gloria Werner Dead at 79

Gloria Werner, one of the co-founders of the trucking company Werner Enterprises, died on May 20 at the age of 79.

Tags: Werner Enterprises, Fleets, People

May 23, 2014 - Industry News

USA Truck Reaches Agreement with Largest Shareholders

The trucking company USA truck on Friday said it has reached an agreement with its largest shareholders who hold approximately a 28% stake in the company.

Tags: Fleets, USA Truck

May 20, 2014 - Industry News

Third Lawsuit Filed Over FedEx Freight-Bus Crash

The family of a Los Angeles student killed last month when the charter bus he was in was hit by a FedEx Freight truck in Orland, Calif., is filing a wrongful death lawsuit, according to the Los Angeles Times.

Tags: Accidents, California, Federal Fleet, Fleets, Safety & Compliance, Litigation, FedEx

May 19, 2014 - Industry News

Navistar and Swift Transportation Begin Pilot Program to Improve Fuel Economy

Navistar said it developed a specification for the International ProStar tractor that the company expects to deliver improved fuel economy results.

Tags: Navistar, Fuel Economy, ProStar, Fleets, Swift Transportation

May 19, 2014 - Industry News

Carriers Forming LTL Network Serving Both Coasts

It will link California, Nevada and Arizona with Pennsylvania, Ohio, New Jersey, Maryland, Virginia, North Carolina, South Carolina and New York.

Tags: LTL, Fleets

May 19, 2014 - Industry News

Quality Carriers Expands Midwest Operations

One of its existing independent affiliates, Linmoore Investments, has opened in the Chicago suburb of Channahon, Ill.

Tags: Fleets, Quality Carriers

May 19, 2014 - Industry News

Index Negative for Shippers, Positive for Trucking

FTR's Shippers Conditions Index, 2014 vs. 2013. Credit: FTR

A measure of business conditions for shippers remained deep in negative territory in March, meaning the climate favored trucking companies, according to a newly released report.

Tags: Research, FTR Associates, Fleets, Freight Rates

May 16, 2014 - Industry News

Schneider Logistics Settles Lawsuit for $21 Million

The logistics operation of trucking industry giant Schneider has agreed to pay $21 million to settle a class action lawsuit filed that includes as many 1,800 employees over alleged wage and hour violations.

Tags: Fleets, Litigation, Schneider National

May 14, 2014 - Industry News

Echo Global Logistics Purchases One Stop Logistics

Third-party logistics and supply chain management services provider, Echo Global Logistics, has purchase One Stop Logistics, headquartered in Watsonville, Calif., and is now doing business under the Echo name.

Tags: Fleets, Mergers & Acquisitions, Echo Global Logistics

May 9, 2014 - Industry News

CAT Faces Fresh Litigation over Repeated C13, C15 ACERT Emissions Failures

Owners of Caterpillar C15 (shown) and C13 engines claim the manufacturer downplayed defects and performance issues with the engines.

Plaintiffs in the latest class-action lawsuit allege Caterpillar hid details of defects and performance issues from customers that the engine maker knew about.

Tags: Caterpillar, Litigation, Fleets, Engines, Equipment

May 8, 2014 - Industry News

Bay and Bay Transportation Purchases Rival J&C Trucking

A trucking company involved in dry bulk hauling in the Midwest has bought up one its main competitors, according to published reports.

Tags: Fleets, Mergers & Acquisitions

May 8, 2014 - Industry News

Patriot Transportation Separating Trucking, Real Estate Businesses

Patriot Transportation Holding on Wednesday said it plans to separate its transportation business, the trucking company Florida Rock & Tank Lines, from its real estate businesses.

Tags: Fleets, Patriot Transportation

May 8, 2014 - Industry News

USA Truck Says It’s Not A Takeover Target Again

USA Truck released a statement about the hedge funds Baker Street Capital and Stone House Capital now holding a joint 28% interest in the company.

Tags: USA Truck, Mergers & Acquisitions, Fleets

May 7, 2014 - Industry News

New Direct LTL Carrier Access for Online Sellers Through uShip-ShipStation Partnership

Online sellers facing the daunting task of shipping oversized and palletized shipments now have a new option due to a new partnership between online freight marketplace uShip and the web-based e-commerce shipping service ShipStation.

Tags: LTL, uShip, Fleets

May 7, 2014 - Industry News

Fleet Offers Big Sign-on Bonus for Owner-Operators

Omega Integrated Logistics Group, Mount Holly, N.C., announced what it says is the largest sign-on bonus in the trucking industry. We learn more about the fine print.

Tags: Fleets, Owner-Operators, Driver Pay

May 5, 2014 - Industry News

Dean Kaplan Elected NTTC Chairman

Members of the National Tank Truck Carriers have elected Dean Kaplan as the organization’s new chairman at the association’s recent annual meeting in Las Vegas on April 28.

Tags: National Tank Truck Carriers, Fleets, People, NTTC

May 5, 2014 - Industry News

Roar Logistics Purchases Legend Transportation Group

The acquisition folds LTG, including its third-party logistics model and its online, less-than-truckload services for the retail store openings, mining, high-tech plant movement, gas and oil, and the energy industry into Roar's operations.

Tags: Fleets, Mergers & Acquisitions, Roar Logistics

May 5, 2014 - Industry News

Schneider Increasing Tanker Company Driver Pay

Most company tanker drivers will earn an additional 8% to 10% per mile, both loaded and unloaded, for an average increase of $4,000 per year.

Tags: Fleets, Schneider, Tankers, Schneider National, Driver Pay

May 5, 2014 - Industry News

Quality Distribution Profits Falls 66%

The parent to trucking companies Quality Carriers and Boasso America saw its first quarter income drop by 66%.

Tags: Fleets, Earnings, Quality Distribution

May 5, 2014 - Industry News

Fuel Surcharges Rising with FedEx Freight, FedEx Ground

The hike by three percentage points will be effective June 2, while FedEx Ground will begin applying dimensional weight pricing to all shipments, effective January 1, 2015.

Tags: Fleets, FedEx, FedEx Freight, FedEx Ground, Fuel Surcharge

May 2, 2014 - Industry News

Teamsters Target Swift CEO Jerry Moyes' Power

The Teamsters claim Jeffy Moyes has too much power at Swift Transportation, and a stockholders' group is backing them up. Photo by Evan Lockridge

A Teamsters Union proposal that it says addresses trucking company Swift Transportation’s “dual class stock structure” is getting a boost from the country’s largest proxy voting advisory firm.

Tags: Fleets, Teamsters, Swift Transportation, Central Refrigerated Transportation, Labor Unions

May 1, 2014 - Industry News

Arkansas Best Renamed, Tightens First Quarter Losses

The trucking operation, Arkansas Best, just renamed ArcBest, has reported a first quarter net loss of $2.9 million, or 11 cents per share, compared to a first quarter 2013 net loss of $13.4 million, or 52 cents per share.

Tags: Fleets, Earnings, Arkansas Best, Panther, ABF, ArcBest Corp.

May 1, 2014 - Industry News

Swift Transportation Profit Takes A Dive

The Arizona-based company reported net income of $12.3 million, or nine cents per diluted share, compared to first quarter 2013 profit of $30.3 million, or 21 cents per diluted share.

Tags: Fleets, Earnings, Swift Transportation

May 1, 2014 - Industry News

Mullen Group President and Co-CEO Resigning

The Canadian owner of various trucking operations has announced one of its leaders will soon be leaving.

Tags: Fleets, People, Mullen Trucking

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