Rates declined across all three equipment types on the spot freight market as available truckload capacity increased while load availability fell, according to new figures released by DAT Solutions, which operates the DAT network of load boards.
Wholesale prices advanced 0.4% in June, according to the U.S. Labor Department, more than many analysts were expecting.
The U.S. Department of Energy (DOE) has allocated $18 million in funding to six projects in an effort to reduce the modeled price of algae-based biofuels to less than $5/CGE by 2019 and $3/CGE by 2030.
Marten Transport Ltd. on Tuesday reported a 5.4% increase in net income to $8.4 million, or 25 cents per diluted share, for the second quarter of the year.
Nussbaum Transportation's director of human resources and safety, Jeremy Stickling, was awarded Heavy Duty Trucking magazine’s 2015 Safety & Compliance Award at a ceremony at the Fleet Safety Conference.
Turnover rates at large and small truckload fleets fell by 12 percentage points in the first quarter of 2015, though it is uncertain if this trend will continue in the months ahead.
In his opening keynote address at the 2015 Fleet Safety Conference, Shell Global Road Safety Manager Mike Watson describes the controls and leadership necessary to foster a successful corporate safety culture.
Dana Holdings Corp. named James K. Kamsickas president and chief executive officer, succeeding the retiring Roger J. Wood.
Economic Watch: Retail sales in the U.S. eased up in June, according to a new Commerce Department report, while previous month's figures were revised lower.
C.R. England is adding nearly 200 Western Star 5700 XE tractors to its fleet over the next few months, with tenured solo and team drivers and million miler drivers receiving the trucks first.
The House of Representatives unveils a short-term funding patch to keep the highway program running for the next six months, as a Senate committee prepares to consider a comprehensive highway safety bill Wednesday that addresses trucking issues such as CSA reforms, younger drivers and hair testing.
FTR’s Trucking Conditions Index measure for May dropped to a three-year low of 4.91 due to softer capacity, pricing, and fuel prices. The index is expected to move into significantly more positive territory as the anticipated regulatory drag in 2016 and 2017 dramatically tightens capacity.
Diesel fuel prices continue to drop as crude oil futures continue to reflect a worldwide glut. Gasoline prices, however, jumped nearly 30 cents a gallon in California.
The Fleet Safety Conference kicked off Monday evening in Schaumburg, Ill., and will offer sessions over the next two days about creating a positive safety culture at the corporate and fleet level.
The weekly program covers issues involving maintenance, inspection and specification of brakes, on-board vehicle electronics and electrical systems, engines, seating, tires and more.
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