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News•by Evan Lockridge•July 29, 2016

Economic Watch: New GDP Reading Disappoints, Consumer Sentiment Falls

Hopes that the American economy picked up a good head of steam in the second quarter of the year were quickly dashed on Friday following numbers being issued by the U.S. Commerce Department.

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News•by Evan Lockridge•July 29, 2016

Earnings Watch: UPS, YRC, Saia, ArcBest, Universal

The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.

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Products•July 28, 2016

Service Sped Up by New Process at International Dealers

Service advisors use an Android app to quickly gather vehicle issues, assign codes, and guide technicians into repairs.

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News•by Deborah Lockridge•July 28, 2016

Daimler Enters Medium-Duty Engine Market with DD5

Daimler Trucks North America's new Detroit DD5 engine will begin production in October. The four-cylinder engine offers several benefits over competitive medium-duty engines, including maintenance intervals, fuel economy and durability.

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News•by Evan Lockridge•July 28, 2016

Trucks Move Bigger Slice of NAFTA Freight, Overall Value Keeps Falling

A new Transportation Department report shows trucks carried more U.S. freight by value with its NAFTA partners, Canada and Mexico, in May compared to the year before. But declines in all other freight modes led to a 3.1% decrease in the dollar value of cross-border freight, totaling $89 billion.

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News•July 28, 2016

Phillips Industries Taps Tom Begin as Tech Leader

Phillips Industries has appointed Thomas “Tom” Begin to fill the new role of director of innovation and emerging technologies, effective August 1.

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News•July 28, 2016

Overnite Founder J. Harwood Cochrane Dies

Trucking pioneer J. Harwood Cochrane, who founded LTL carrier Overnite Transportation Co. during the Depression, died at age 103 on July 25 in Richmond, Va.

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News•by Evan Lockridge•July 28, 2016

Earnings Watch: ODFL, Heartland, P.A.M. See Lower Numbers

Trucking companies in both the less-than-truckload and truckload sectors reported lower second quarter profits on Thursday morning.

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News•by Evan Lockridge•July 27, 2016

Earnings Watch: Covenant, Knight, Roadrunner See Lower Profits

Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.

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News•July 27, 2016

China Looks to Revive the Silk Road with UN Agreement

China has taken a key step toward developing an international economic corridor for trade with the European Union and the rest of the world with the ratification of the United Nations TIR Convention.

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