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A 7.7% gain in spot truckload freight volume and a 2.1% dip in capacity were not enough to buoy spot truckload rates during the week ending Feb. 4, according to DAT Solutions and activity from its network of load boards.
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The parent to less-than-truckload carrier ABF Freight and other trucking and logistics operations reported that its fourth quarter net income fell in both the final quarter of 2016 and all of last year.
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The FTR Trucking Conditions index declined in December, reflecting soft conditions that affected the industry in the second half of 2016.
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The amount of for-hire freight moved across multiple transportation modes increased 1% in December from the month before, marking the third consecutive monthly gain, according to the Transportation Department.
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The Veterans Administration has granted accreditation to U.S. Xpress as part of the Post 9/11 GI Bill Apprenticeship Program that allows eligible veterans to receive educational benefits from the VA while training as a driver or technician for the company.
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Western Star Trucks is celebrating its 50th anniversary in 2017 and will mark the milestone with special events throughout the year as well as with truck show appearances and a new website.
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After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.
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For model year 2017, Mitsubishi Fuso Truck of America will offer optional Mobileye collision-avoidance systems on its FE and FG Series trucks.
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Truck dealer group Inland Kenworth has put together a special Everyday Heroes Kenworth T680 for auction and will donate the proceeds to Truckers Against Trafficking, a nonprofit devoted to fighting human trafficking.
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SoCalGas and CR&R estimate that the new pipeline will be operational and bring natural gas to their fleet by June.
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