The economy and freight continues to chug along in an "OK" mode, while stagnant capacity and new and pending regulations put the industry "on the cusp of a capacity crunch" if the economy speeds up, according to a panel of economic and industry experts at the American Trucking Associations' annual convention Sunday.
UPDATED Wed., Oct. 23 – The American Trucking Associations' annual Management Conference and Exhibition wrapped up Tuesday in Orlando, Fla. Click the headline for the latest news and product announcements from the show.
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.
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.
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.
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%.
One of the most closely watched surveys of fuel prices is back online following the end of the partial federal government shutdown and it shows fuel prices keep trending lower.
Virginia Gov. Bob McDonnell announced that the Commonwealth Transportation Board has awarded $168 million worth of transportation projects. Construction will soon begin on projects to replace bridges and widen and improve roads in several areas of the state.
A strike by members of the International Longshoremen’s Association continues for a third day at the Port of Baltimore, crippling freight operations.
CSX Corp. and its transportation and intermodal terminals subsidiaries announced plans to design and build a new intermodal facility in McKees Rocks and Stowe Township, Pa., near Pittsburgh. The proposed facility will give western Pennsylvania shippers direct intermodal freight rail access.
Love’s Travel Stops has opened a new travel stop in Eagleville, Mo. The Eagleville Love’s includes 64 truck parking spaces, a Subway restaurant, and a Love’s Truck Tire Care center, all open 24 hours a day, seven days a week.
Waste Management announced it is building a facility that will create pipeline-ready natural gas from its Milam Landfill in Fairmont City, Ill. The processed renewable natural gas will be injected into the pipelines of Ameren Illinois for withdrawal at other locations, including some Waste Management facilities.
Republic Services Inc. deployed 53 compressed natural gas solid waste and recycling trucks to serve customers throughout the Charleston metro area. The new CNG fleet will replace older diesel powered trucks.
FPInnovations’ Performance Innovation Transport group, a not-for-profit engineering and research group for the North American trucking industry, announced it is conducting fuel consumption tests comparing European and North American Volvo Trucks models.
Activity at the Port of Baltimore started returning to normal Friday afternoon after an arbitrator's ruling put striking workers back on the job. An arbitrator ruled Friday afternoon the strike by the ILA violated a “no-strike” clause in a national master contract the union signed off on earlier in the year.
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