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News•July 16, 2014

Freight Advisory Committee Makes Recommendations to U.S. DOT

U.S. Transportation Secretary Anthony Foxx received a report this week from the Department of Transportation’s National Freight Advisory Committee making 81 recommendations to improve the performance of the nation’s freight transportation system.

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News•by Oliver Patton•July 16, 2014

Congress Edges Toward Highway Funding Stopgap

Congress is inching closer to passage of a stopgap measure to prevent the Highway Trust Fund from drying up this summer. The House this week passed a $10.6 billion bill and the Senate is going to choose between a similar measure or a long-term bill.

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News•July 16, 2014

Maverick Makes Changes to Driver Compensation Plan

Maverick Transportation has recently announced several changes to their driver pay scale, including substantial mileage pay increases, which will impact all incoming drivers no matter their experience.

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News•July 15, 2014

J.B. Hunt Second Quarter Profit Increases, Cuts Some Expectations

J.B. Hunt Transport Services announced Tuesday second quarter 2014 net earnings of $93.4 million, or diluted earnings per share of 79 cents, compared to second quarter 2013 net earnings of $87.7 million, or 73 cents per diluted share, a 6.5% increase.

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News•July 15, 2014

Economic Watch: June Retail Sales Gain Only 0.2%

Retail sales increased in June, according to a new Commerce Department report, but the gain was far less than analysts were expecting.

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News•July 15, 2014

House Passes Highway Trust Fund Patch, Bill Heads to Senate

The U.S. House on Tuesday passed legislation on Tuesday afternoon providing enough money for the Highway Trust Fund through May 2015.

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News•July 15, 2014

Trucking Company Owner Pleads Guilty to Cargo Theft Scheme

A Memphis, Tenn., business owner pleaded guilty in federal court in Springfield, Mo. on Monday to his role in a cargo theft scheme that included a theft in West Plains, Mo.

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News•July 15, 2014

Marten Transport Profit Moves Slightly Higher

Primarily refrigerated freight hauler Marten Transport on Tuesday reported an increase in net income to $7.9 million, or 24 cents per diluted share, in the second quarter of the year.

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Products•July 15, 2014

Telogis-Volvo Partnership Allows Factory-Installed Fleet Management Capabilities

A suite of fleet management applications can now be factory installed on new trucks from Volvo Trucks under a partnership between the truck maker and Telogis.

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News•July 14, 2014

Trucking Conditions Index Declines Slightly

FTR’s Trucking Conditions Index in May, at a reading of 5.74, reflects some headwinds affecting truck fleet results, according to this latest report from the transportation forecasting firm.

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