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After years of steady, methodical progress, Peter Voorhoeve says the OEM’s latest lineup isn’t just evolutionary. It’s delivering real, measurable gains for fleets right now.
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Reaction by trucking and highway interest lobbies to the full reveal of President Trump’s gargantuan infrastructure plan essentially mirror views the groups expressed last month, when some of its contents were leaked and when the plan’s funding goal was ratcheted up in the State of the Union address.
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FTR’s Trucking Conditions Index rebounded in December to a reading of 9.2, reflecting a full capacity environment with strong freight demand.
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Spot truckload rates for van, refrigerated, and flatbed freight set new records in January as capacity remained tight due to shipper demand and fallout from the electronic logging device mandate, according to load board operator DAT Solutions.
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Thomas Fansler has been named president of Transportation Mobility, Jim Rodi was appointed general manager of global markets, and Bryan Coyne was named general manager of Transportation Mobility North America.
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Scott Perry, longtime Ryder System exec, has been named the president of Global Logistics for the Suddath Companies, after serving as the chief operating officer of Nikola Motor for only a few months.
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Trucking company Heartland Express Inc. on Monday reported higher profits for the final quarter of 2017 and for all of last year, but that was not enough to move its operating income higher.
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Shifting populations in the U.S. could mean a change where you deliver freight, finds Business Contributing Editor Evan Lockridge.
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The fourth quarter 2017 earnings reporting season continued on Thursday with another three fleets – Old Dominion Freight Line, Hub Group, and Radiant Logistics – reporting increased profits, due not only to more business and better rates, but also to tax reform.
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It’s impossible to gauge the full impact of the electronic logging device mandate yet, between temporary exemptions and a phased-in enforcement period, and in fact we may not know the true effect on the industry until rates soften significantly, according to FTR analysts.
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C.R. England and England Logistics have announced the launch of the One initiative, a charitable effort to provide 1 million meals annually to hungry children.
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