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April 24, 2015 - Industry News

Used Truck Sales Jump 14 Percent in March

March used Class 8 truck sales jumped 14% over February to 2,770 units for the month according to the latest report from ACT Research.

Tags: Class 8, ACT Research, Used Truck Sales

April 24, 2015 - Industry News

OOIDA Lobbying Against Speed-Limiter Rule

The OOIDA has provided the FMCSA and the NHTSA with research showing a lack of scientific evidence supporting a speed limiter mandate and saying that enforcing the rule would make highways less safe.

Tags: FMCSA, Speed Limiter, OOIDA, NHTSA

April 24, 2015 - Industry News

Economic Watch: Durable Goods Orders Increase, Key Indicator Down Again

Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.

Tags: Economy, Durable Goods

April 24, 2015 - Industry News

ATA Sticks to Fuel-Tax Hike as Best Trust Fund Fix

Photo: Jim Park

The American Trucking Associations remains committed to seeing a surface transportation package passed this year that will ensure a long-term fix for the Highway Trust Fund.

Tags: CSA, Highway Trust Fund, ELDs, Highway Bill, FMCSA, Regulations, American Trucking Associations

April 24, 2015 - Industry News

Covenant Transport Turns Finances Around

The holding company for trucking companies Covenant Transport and others moved to a profit from a loss in the first quarter of the year.

Tags: Fleets, Earnings, Covenant Transportation Group

April 24, 2015 - Industry News

Landstar Reports Record Revenue, Earnings

Photo by Evan Lockridge

Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.

Tags: Fleets, Earnings, Landstar System

April 23, 2015 - Industry News

Increased Truck Sales Push Rush Profit Higher

Rush says its aftermarket activity in the energy sector remained steady this quarter, but activity has started to decrease slightly. Photo: Rush Enterprises

A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.

Tags: Truck Sales, Rush Enterprises, Dealers, Earnings

April 23, 2015 - Industry News

FMCSA May Reward Carriers for Going Beyond Safety Regs

Image: FMCSA

The Federal Motor Carrier Safety Administration is seeking public comment on its potential development of a program that would take into consideration a motor carrier’s “proactive voluntary implementation of state-of-the-art best practices and technologies” when evaluating the company’s safety program.

Tags: FMCSA, Driver Safety, Highway Safety, Safety, CSA

April 23, 2015 - Industry News

Economic Watch: New Homes Sales Mixed, Manufacturing Slows

Photo by Evan Lockridge

Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.

Tags: Economy, Manufacturing, Home Sales

April 23, 2015 - Industry News

Acquisition Costs Cut Into Forward Air Income

Freight transportation provider Forward Air Corp.'s first quarter profit fell more than 50% from a year earlier on 20% higher revenue.

Tags: Fleets, Earnings, Forward Air

April 23, 2015 - Industry News

Trucks Move More U.S.-NAFTA Freight, Overall Level Declines

Percent change in value of U.S.-NAFTA freight flows by mode: February 2014 - February 2015. Graphic: U.S. DOT

Freight movements between the U.S. and Canada and Mexico fell in February, hitting its lowest level in terms of value since 2011, according to new U.S. Transportation Department figures.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Railroads, Surface Trade

April 23, 2015 - Industry News

Natural-Gas Trucks Not Part of Truck Sales Boom

Love's opened a fast-fill CNG station in Willis, Texas. Photo courtesy Love's.

Truckers are ordering new equipment in record numbers, but are not turning to natural gas fueled trucks as fast as had been projected two years ago, according to a new report from ACT Research.

Tags: ACT Research, Natural Gas Vehicles

April 23, 2015 - Industry News

Freightliner Adds Yokohama Tires to Truck Ordering

Freightliner will begin offering Yokohama truck tires as part of the ordering process on its medium- and heavy-duty trucks, the tire maker has announced.

Tags: Yokohama, Medium-Duty Trucks, Tires, Cabovers

April 22, 2015 - Industry News

Buffalo Con-way Freight Workers Reject Teamsters

Photo via Con-way Freight

The Teamsters union was defeated in a representation election at the Con-way Freight facility in Buffalo, N.Y. This marks the sixth election in which Con-way employees have voted against representation by the union.

Tags: Con-way Freight, Teamsters, Labor Unions

April 22, 2015 - Industry News

Great Western to Sell East Flatbeds

Photo: East Manufacturing

East Manufacturing has named Great Western Leasing & Sales Inc. in Fontana, Calif., as an authorized East dealer.

Tags: California, Trailers, Flatbeds, Dealers, East Manufacturing

April 22, 2015 - Industry News

Mitsubishi Fuso Displays Curb-Side Access Delivery Truck

Photo: Mitsubishi Fuso Truck of America

Mitsubishi Fuso Truck of America is displaying its new Canter route delivery truck at this week's NAMA OneShow, a trade show for automatic merchandizers and the U.S. vending industry.

Tags: Mitsubishi Fuso Truck of America, Canter FE, Route Delivery Truck

April 22, 2015 - Industry News

Huge Trailer Backlog Fuels Build but Slows Orders

Photo: Tom Berg

Net trailer orders in March saw an incremental increase over February as OEMs are still increasing build to meet the surge in orders from late last year.

Tags: OEM, Reefers, FTR, Flatbed, Trailer Orders, Dry Van

April 22, 2015 - Industry News

Werner Improves Income 61% in First Quarter

Photo by Evan Lockridge

Werner Enterprises Inc. on Wednesday reported its first quarter net income increased 61% from the same time last year, while total revenue moved just 1% higher.

Tags: Werner Enterprises, Fleets, Earnings

April 22, 2015 - Industry News

Cass Truckload Index Hits Record High, Intermodal Index Mixed

A measure of truckload rates shows it hitting an all-time high in March, increasing 5.1% from the same time a year ago.

Tags: Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Truckload, Freight Rates

April 22, 2015 - Industry News

2015 Ford F-150 Named Greenest Pickup

Photo: Ford

In time for Earth Day, AAA named the 2015 Ford F-150 SuperCab Lariat with EcoBoost gasoline as the greenest pickup truck in the segment in its 2015 "AAA Green Car Guide."

Tags: Ford F-150, AAA, Chevrolet Silverado, Ram 1500

April 22, 2015 - Industry News

Economic Watch: Existing Home Sales Spike in March

Existing-home sales in the U.S. jumped in March to their highest annual rate in 18 months, according to the National Association of Realtors on Wednesday. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.

Tags: Economy, Home Sales

April 22, 2015 - Industry News

Public Funding Leads to CNG Build Out in Pennsylvania

Photo courtesty of Penske

More than $1 million in public grants has funded 23 compressed natural gas trucks and a new Trillium CNG fueling station in Pottsville, Pa., set to open on Earth Day.

Tags: Penske Truck Leasing, Grants, Trillium CNG, CNG Fueling Stations, CNG, Natural Gas Vehicles

April 22, 2015 - Industry News

Knight Transportation Quarterly Profit Jumps 55.1%

Net income increased to $29.6 million from $19.1 million in the first quarter of 2014 while earnings per diluted share moved higher to 36 cents from 23 cents.

Tags: Fleets, Earnings, Knight Transportation

April 22, 2015 - Industry News

Spot Freight Rates Drift Down Over Past Week

National average spot truckload rates drifted down during the week ending April 18 compared to the previous week, according to new figures from DAT Solutions and its network of load boards.

Tags: Spot Freight, Freight Rates, DAT Solutions

April 22, 2015 - Industry News

Persson Out, Scania’s Lundstedt in as Volvo Group’s Chief

Martin Lundstedt.  Photo: Sven-Erik Lindstrand

AB Volvo’s board of directors has named a Scania executive, Martin Lundstedt, as the president and chief executive officer of the Volvo Group, replacing Olof Persson, who has led the group for almost four years but is out immediately. Volvo Group is the corporate parent of Volvo Trucks and Mack Trucks in North America.

Tags: Volvo Group, Volvo Trucks, Mack Trucks, People

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