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NewsJanuary 27, 2016

Fontaine Opens Ford F-650/F-750 Upfitting Center in Ohio

Fontaine Modification Vocational Services has opened a modification center in Avon Lake, Ohio, to provide modifications for Ford's 2016 F-650 and F-750 medium-duty trucks, including an exclusive tractor package for beverage fleets, the truck upfitter has announced.

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NewsJanuary 27, 2016

Time Off Positively Impacts Driver Performance, Study Shows

Carriers can improve the productivity and performance of drivers by meeting their requests to take time off, according to the results of a recent study conducted by Stay Metrics.

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Newsby Evan LockridgeJanuary 27, 2016

Spot Freight Rates Continue Freefall

First, the good news. Last week’s winter storms had minimal effect on spot market truckload freight rates and load-to-truck ratios. Now, the bad news. Both managed to slip all on their own, with rates in the three major sectors being the lowest in at least the last four weeks.

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Newsby Evan LockridgeJanuary 27, 2016

Earnings Watch: Heartland Profit Drops, Patriot Moves Higher

Earnings for the trucking company Heartland Express Inc. (NASDAQ: HTLD) declined in both the final quarter of 2015 and all of last year due to less business while Patriot Transportation Holding Inc. (NASDAQ: PATI) saw an improvement due in large part to a legal settlement.

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Newsby Deborah LockridgeJanuary 27, 2016

Ohio Trucking Company Organizes Bottled Water Drive for Flint

Kevin Burch grew up in Flint, Mich.,, so it's only natural that he would start a campaign to get trucking companies involved in providing bottled water to the city whose water has been poisoned by dangerous levels of lead.

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Newsby Denise RondiniJanuary 27, 2016

Economist: Low Risk of U.S. Recession

The odds of a recession in the U.S. during the first three quarters are low, according to Bob Dieli, president and founder of RDLB, Inc.

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NewsJanuary 26, 2016

TCA and CarriersEdge Announce 20 Best Fleets to Drive For

The Truckload Carriers Association and CarriersEdge have announced the 2016 Best Fleets to Drive For, a listing 20 for-hire trucking companies deemed to be outstanding workplace experiences for employees and truck drivers.

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Newsby Evan LockridgeJanuary 26, 2016

Marten Transport Increases Annual Profit Nearly 20 Percent

The trucking company Marten Transport Ltd. (NASDAQ: MRTN) on Tuesday announced slightly lower earnings for the fourth quarter of the year while seeing a 19.8% increase in its annual profit compared to a year earlier.

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Newsby Evan LockridgeJanuary 26, 2016

Economic Watch: Service Sector Loses Steam, Consumer Confidence Up

The latest reading on the health of the nation’s non-manufacturing/service sector of the economy shows it starting the year with slower growth. A separate report shows consumers aren’t paying much heed to recent volatility in financial markets as Federal Reserve officials begin a two-day meeting.

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Newsby Denise RondiniJanuary 26, 2016

Economic Outlook Shows Continued Slow Growth in 2016

LAS VEGAS -- The economy is expected to continue to expand at a pace slightly above trends for 2016, according to Bill Strauss, senior economist and economic advisor, Federal Reserve Bank of Chicago. Speaking in Las Vegas at Heavy Duty Aftermarket Dialogue Monday, Strauss talked about a number of factors affecting the economy and offered his thoughts on what we can expect for the year ahead.

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