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Nebraska-based truckload fleet Werner Enterprises reported a drop in its third quarter profit amid just a slight increase in business, noting that hours of service rules changes that took effect in July negatively impacted miles per truck by 2% to 3%.
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The parent company of the carrier Covenant Transport and others, Covenant Transportation Group, has announced third quarter net income of $2 million compared with $1 million the same time a year ago. Company officials cited a higher unseated truck percentage and new hours of service regulations as factors.
Read More →Former Con-Way executive Herbert “Herb” Schmidt has been elected to Covenant Transportation Group’s board of directors. Schmidt, age 57, served as the executive vice president of Con-Way Inc. and president of Con-way Truckload from 2007 to 2012.
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Lowe’s has launched a dedicated fleet of natural gas-powered trucks at its regional distribution center in Mount Vernon, Texas, working with NFI. Lowe’s dedicated fleet at Mount Vernon is among the first serving a major retail distribution center in North America to run solely on natural gas.
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Weather permitting, the Virginia Department of Transportation will have major roadway closures in place this weekend along the I-395/95 corridor from the Washington D.C. line to Garrisonville Road (Route 610) in Stafford County.
Read More →Apollo Tyres Ltd. did not take Cooper Tire & Rubber Co.'s lawsuit and allegations lightly. Cooper says Apollo is not meeting the terms of the merger agreement. Apollo claims it's Cooper that is in violation of the agreement.
Read More →The American Truck Dealers announced the seven nominees for the 2014 ATD Commercial Truck of the Year, an annual award recognizing the top truck entries in the heavy- and medium-duty categories.
Read More →SmartDrive Systems announced that Marty Fletcher has joined its management team as a strategic program manager. Fletcher brings over 40 years of engineering experience in the automotive and trucking industries.
Read More →Phillips & Temro Industries, a supplier of engineered heating products, systems and controls as well as cooling and silencing products, announced that it has acquired Arctic Fox.
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SmartDrive Systems announced that Michael Baker has joined its management team as vice president of worldwide sales. Baker is a telematics sales veteran.
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