Fleet Failures at 2-Year High in Weak 3Q Freight Market
Fleet failures, measured in trucks pulled off the road, spiked in the third quarter to a two-year high, propelled by deteriorating rates, a stagnant freight market and gradually rising diesel prices, according to a new report.
October 17, 2016Diesel Average Rises 5.6¢ to $2.445 as Crude Reaches 15-Month High
The U.S. average retail price of diesel jumped 5.6 cents to $2.445 a gallon, according to the Department of Energy, as oil hit its highest price in more than a year on expectations of reduced production.
October 17, 2016Cargo Van Manufacturers Beef Up Models With More Customization, New Technology
The role of commercial cargo vans — essentially motorized boxes — hasn’t changed in 50 years, but practically everything else about the vehicles has changed over the past decade.
October 17, 2016Privately Owned Schneider Eyes Going Public; IPO Would Be Trucking’s First Since 2010
Schneider, the nation’s largest privately owned motor carrier and a major provider of intermodal transportation and logistics services, has decided to go public.
October 17, 2016Carriers Must Leverage Technology, Data to Improve Profitability, Supplier Execs Say
LAS VEGAS — More trucking companies will become efficient and profitable if they embrace new technology and “big data” analysis of industry trends, two technology executives told an audience here Oct. 4 at American Trucking Associations’ Management Conference & Exhibition.
October 17, 2016Southeast Floods Bedevil Supply Chain; Freight Industry Struggles to Rebound
Hurricane Matthew’s widespread havoc across the Southeast still was tying the supply chain in knots late last week with flooded roads, delayed deliveries and cargo backed up at terminals.
October 17, 2016Clinton, Trump Implored to Secure Road Funding
America’s next president needs to advance a long-term funding plan to modernize infrastructure and freight corridors to guarantee economic growth for the coming years, industry stakeholders said.
October 17, 2016Gains in Construction Provide a Lift for Heavy-Haul, Crane Rental Firms
Specialized heavy haulers and crane rental and rigging firms in the United States are seeing an uptick in business as residential and commercial construction activity continues to expand.
October 17, 2016Every Game Is a Road Trip for UCLA Football Truck Driver
Keith Preyer was moving the ball — and every other piece of equipment the UCLA football team needed. He’s been trucking the Bruins in his 18-wheeler for the past eight years, to games home and away.
October 14, 2016Judge Signs Off on $28 Million Settlement Between Schneider, Truck Drivers
A $28 million settlement agreement between Schneider and a group of truck drivers who alleged the company did not properly offer them meal and rest breaks was approved this week by a California judge.
October 14, 2016