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Fleet Management

News•by Evan Lockridge•June 22, 2016

Earnings Watch: Covenant Latest to Lower Second Quarter Outlook

Covenant Transportation Group Inc. has lowered expectations for its second quarter earnings report due to the current freight market as well as internal issues it’s facing.

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News•June 21, 2016

Technology to Change Logistics Business, Says Report

U.S. business logistics costs rose at a slower rate last year as supply chain transparency continued to grow in importance, according to the the Council of Supply Chain Management Professionals’ Annual State of Logistics Report.

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News•June 21, 2016

Medium-Duty Orders May Be Slowing

A decline in orders of Class 5-7 trucks in May points to "some moderate slowing" in a truck market that has shown strength since late 2013, according to ACT Research.

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News•by Evan Lockridge•June 21, 2016

Earnings Watch: FedEx Narrows Loss, Werner Lowers Expectations

FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.

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News•June 21, 2016

May Was A Good Month for Truck Tonnage

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased in May following two consecutive months of decreases.

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News•by Evan Lockridge•June 21, 2016

Truckload Linehaul, Intermodal Rates Still Dropping

Separate gauges of truckload line haul rates and intermodal rates both fell in May, according to newly released figures, following a Monday report showing freight levels are well below those of the last several years.

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News•by Evan Lockridge•June 20, 2016

Slow Economy Reflected in Lower Freight Shipments, Spending

Although North American freight shipments continued to climb in May, they are still well below those of the last several years, and expenditures for freight fell for the third time in five months, according to the latest Cass Freight Index Report.

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News•June 17, 2016

NY-NJ Ports Pushed to Reinstate Older-Truck Ban

Key New Jersey politicians along with activist groups, including the Teamsters union, on June 16 pushed for launching a more aggressive program to replace older trucks operating at the Port of New York and New Jersey to reduce the impact of air pollution on nearby residents, per a Journal of Commerce news story.

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Articles•by Evan Lockridge•June 16, 2016

Fleets Answer the Question, 'How's Business?'

After enduring a bruising first quarter that saw falling profits at many fleets, it comes as no surprise that in a second quarter survey of business conditions fleet executives are feeling a bit down.

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News•June 16, 2016

DOT to Audit Truck Loading and Unloading Delays

The Department of Transportation’s Inspector General has initiated an audit of commercial motor vehicle loading and unloading delays in response to provisions of the Fixing America’s Surface Transportation (FAST) Act highway bill, which became law late last year.

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