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Fleet Managementby Oliver PattonJuly 23, 2014

Highway Funding Debate Pending in Senate

The Senate is poised to debate and vote on a patch to keep the Highway Trust Fund solvent until a long-term program can be funded. The question for debate is, how long will the patch last?

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Fleet Managementby StaffJuly 23, 2014

Landstar Posts Record Second Quarter Profit, Revenue

Landstar System has reported record second quarter net income of $35.9 million, or 80 cents per diluted share, on record revenue of $814 million in the 2014 second quarter.

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Fleet Managementby StaffJuly 23, 2014

Spot Freight Rates Remain Above Norm Despite Declines

Demand remained strong and rates were above the norm, despite a slight seasonal decline during the week ending July 19 compared to the previous seven days, according to the freight matching service provider DAT and its network of load boards.

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Equipmentby StaffJuly 23, 2014

Daimler Trucks Posts Second Quarter Improvements

German truck and automaker Daimler AG reported Wednesday that it’s third quarter underlying profit, along with earnings, both increased in the second quarter of the year.

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Fleet Managementby StaffJuly 23, 2014

Forward Air Profit Increases 24.6% in Second Quarter

Forward Air has reported operating revenue for the quarter ended June 30, increased 21.3% to $193.9 million from $159.8 million for the same quarter in 2013.

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Fleet Managementby StaffJuly 22, 2014

South Carolina Sees 8% Increase in Container Volume

The SC Ports Authority reported a strong finish for the 2014 fiscal year on Monday with 8% container growth, an increase of 2% over projected plans.

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Equipmentby StaffJuly 22, 2014

Former Omnitracs Executive Norm Ellis Named I.D. Systems COO

Ellis will be responsible for I.D. Systems' operations, including sales, marketing, customer service, implementation and support for the company’s wireless machine-to-machine asset management systems.

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Fleet Managementby StaffJuly 22, 2014

FMCSA Warning Carriers About Fraud Schemes

The Federal Motor Carrier Safety Administration is warning carriers to be on the lookout for new fraud schemes as thieves try to get financial or banking information.

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Fleet Managementby StaffJuly 22, 2014

Analyst Questions Filing Charges Against FedEx Over Drug Shipments

Why is the government filing charges against parcel delivery and trucking giant FedEx? That is the key question said the investment firm Stifel in a note to investors following FedEx disclosing last week it had been indicted by the federal government for allegedly engaging in unlawful distribution of controlled substances.

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Fleet Managementby StaffJuly 22, 2014

Truck Tonnage Index Declines in June from May, Higher Versus Year Ago

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.8% in June, following a revised 0.9% gain the previous month.

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