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Two major players who are developing their own networks of natural gas fueling stations have cut back on expansion efforts.
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UPDATED -- The Federal Motor Carrier Safety Administration claims a new study confirms its Compliance, Safety, Accountability enforcement program is more effective at identifying commercial bus and truck companies of all sizes for targeted enforcement than the system it replaced.
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Exemption from the 12% FET is a major benefit of buying gliders instead of new trucks, but new IRS thinking would take away that break.
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Expect the fireworks to resume as the National Labor Relations Board once again is proposing new regulations to speed up the pace of union elections, identical to changes first proposed in 2011.
Read More →January NA Classes 5-7 net orders are expected at 17,000 units and Class 8 net orders are expected at 34,700 units, when actual data are released mid-month, according to ACT Research.
Read More →Private sector employment increased by 175,000 jobs from December to January, according to new report released Wednesday from the payroll service provider ADP.
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Recurring storms and strong month-end demand for capacity helped keep rates elevated on the spot truckload market during the week ending Feb. 1 compared to the previous seven days, according to a composite of the DAT network of load boards.
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Trucking company Heartland Express posted double digit gains in profits for the final quarter of last year and for all of 2013, following its purchase of rival Gordon Trucking in November.
Read More →Truckload companies USA Truck and Knight Transportation have reached a settlement dismissing all claims between the two in connection with litigation arising from Knight’s previously announced proposal to acquire Arkansas-based USA Truck in a $242 million bid.
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The more complex, expensive and harder to replace the component is, the more likely fleets are to purchase the manufacturer’s brand, according to a recent study by MacKay & Co.
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