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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

May 1, 2014 - Industry News

Con-way Income Falls 7.9%

Trucking company parent Con-way Inc. has reported 2014 first quarter net income of $12.9 million, or 22 cents per diluted share, compared to first quarter 2013 net income of $14 million, or 25 cents per diluted share, a 7.9% decline.

Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.

May 1, 2014 - Industry News

First Quarter Losses Widen for YRC Worldwide

The parent company to the carrier YRC Freight and others moved to a bigger loss in the first quarter of the year.

Tags: Fleets, Earnings, Teamsters, YRC Worldwide, YRC Freight

April 30, 2014 - Industry News

Celadon First Quarter Net Income Falls 20.5%

The trucking and logistics provider, Celadon Group, reports revenue for the quarter ending March 31 increased 29.1% to $193.2 million from $149.6 million in the March 2013 quarter.

Tags: Celadon Group, Fleets, Celadon, Earnings

April 30, 2014 - Industry News

USA Truck, Covenant Transportation Narrow Losses

Arkansas-based truckload carrier and logistics provider, USA Truck, cut its net loss from $2.5 million in the first quarter of last year to $1.6 million in the first quarter of this year. This resulted in a diluted loss per share of 15 cents compared to 24 cents during the same time frame.

Tags: Covenant Transport, Fleets, Earnings, USA Truck

April 28, 2014 - Industry News

Kraft Foods Discontinuing Private Truck Fleet

Kraft Foods is eliminating its nationwide private truck fleet, resulting in the elimination of around 285 jobs by the end of the year.

Tags: Private Fleets, Fleets, Kraft

April 28, 2014 - Industry News

Atlas Looking to Add 200 Owner Operators This Year

The trucking operation Atlas World Group plans to sign on 200 new owner-operators for its Direct Fleet by the end of the year.

Tags: Atlas Van Lines, Fleets, Owner-Operators

April 28, 2014 - Industry News

$4.1 Verdict Against R&L Carriers in Texas Crash

A 41-year-old Mississippi woman, seriously injured when her pick-up truck rolled over, after it was rear-ended by an 18-wheel tractor-trailer driver on a Texas interstate highway in 2011, was awarded $4.1 million by a Dallas, Texas jury.

Tags: Accidents, Drivers, Safety, Texas, Fleets, Litigation, I-20, Interstate 20, R&L Carriers

April 28, 2014 - Industry News

Saia Profit Slips 6.5% Despite Revenue Gain

Georgia-based less-than-truckload carrier Saia reported a downturn in net income while total revenue increased in the first quarter compared to the same time in 2013.

Tags: Fleets, Earnings, Saia

April 28, 2014 - Industry News

Port Truckers Staging 48-Hour Strike

Port truck drivers from four of Los Angeles’ leading drayage firms planned to go on a 48-hour strike at marine terminals at the Ports of Los Angeles and Long Beach, beginning Monday.

Tags: Drivers, Port of Los Angeles, Port of Long Beach, Intermodal, Fleets, Ports, Owner-Operators, Teamsters, Labor Unions, Independent Contractors

April 27, 2014 - Industry News

PGT Trucking Purchasing Kelworth Trucking

Details of the deal have not been released, although PGT expects to complete it by early May.

Tags: Fleets, Mergers & Acquisitions, PGT Trucking

April 27, 2014 - Industry News

NTSB Releases Preliminary Report into Fatal Truck-Bus Crash

The National Transportation Safety Board has issued its preliminary report about the April 10 crash between a FedEx Freight truck and a bus in California killing 10.

Tags: Accidents, California, Investigation, NTSB, Fleets, I-5, Interstate 5, FedEx

April 24, 2014 - Industry News

PAM Transport Back in the Black

Dry-van trucking company PAM Transportation Service has moved back into the black with the release of its first quarter financials.

Tags: Fleets, Earnings, PAM Transport

April 24, 2014 - Industry News

Landstar Reports Record First Quarter Income, Revenue

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

April 24, 2014 - Industry News

UPS Profit Falls, Old Dominion Earnings Grow 13.2%

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

April 24, 2014 - Industry News

Teamsters Overrides Three Locals, Implements New UPS Contract

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

Heartland Earnings Jump 67%, Profit Falls 28%

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

Werner Profit Slides 18%

Photo: Evan Lockridge

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

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