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This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.
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The combined company will be one of the largest third-party logistics service providers in North America.
Read More →South Carolina-based expedited trucking company Nations Express has opened a new truckload division.
Read More →CSM Companies, and French-Ellison Truck Center, announced that the two companies will merge on March 31. The result will establish the company as one of the largest commercial truck dealership groups in the United States with 19 facilities.
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The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced that it has ordered the immediate shut-down of two trucking operations carriers, each for disregarding federal safety regulations and putting their companies’ own drivers and the public at risk.
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Revenue was $11.3 billion, up 3% from $11 billion the same time a year ago, while net income totaled $378 million, up 5% from last year’s $361 million or $1.23 per share compared to $1.13 per share.
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In a move to clarify enforcement practices, the Federal Motor Carrier Safety Administration is changing the definition of weight in single-unit trucks that are towing a trailer.
Read More →Benchmarking ProjectMcLeod Software and Katz, Sapper & Miller have come together to create a joint project to provide an operations level benchmark for the trucking industry. This initiative seeks to break new ground in giving truckload carriers the opportunity to measure the real performance of their operations against their peers.
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The Schneider logo has been refreshed and has a more contemporary design that accurately reflects the broad geographies it serves. The company’s previous logo had been in existence since 1985, which positioned the organization well at the time.
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The American Trucking Associations' For-Hire Truck Tonnage Index performed better in February after plunging 4.5% in January, but weather was still a factor in the numbers.
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