Corporate Culture a Key to Driver Retention
Fleets can persuade drivers to stay with their companies longer by ensuring the corporate culture is enjoyable, which is significant because many trucking companies are grappling with driver shortages, industry observers said.
February 8, 2016YRC Worldwide Will Pay Union Profit Sharing Despite $23.5 Million Loss in Fourth Quarter
YRC Worldwide Inc. will make $5.5 million in profit-sharing payments to some of its union employees after posting a small profit for 2015.
February 5, 2016Truckers: Toll Plan Will Put Them Out of Business or Drive Them Out of R.I.
A host of people connected to the trucking industry testified Feb. 4 that Rhode Island's truck-tolling plan is an existential threat to their businesses or a factor that could drive them from the state to more hospitable climates.
February 5, 2016Trelp Launches Driver App for ‘Upon-Arrival’ Directions
Startup technology firm Trelp has introduced a mobile application designed to help truck drivers find exact pickup and drop-off locations and nearby parking when they arrive at a facility.
February 5, 2016Republicans Unlikely to Back $10-Per-Barrel Oil Tax, Transportation Budget Expert Says
A proposal by the Obama administration to get oil companies to pay a $10-per-barrel fee on oil is unlikely to get Republican support in Congress, transportation budget expert Jack Basso told Transport Topics.
February 5, 2016Mack Delivers Most Vehicles Since 2006, But Volvo AB to Cut North American Production
Mack Trucks delivered 27,411 vehicles in 2015, its strongest year since 2006, according to a report released Feb. 5 by Sweden-based Volvo Group, Mack's parent company.
February 5, 2016Saia, Echo Report Lower Fourth-Quarter Earnings
Weaker freight market conditions drove net income down 16% at less-than-truckload carrier Saia Inc., which reported a profit of $11.4 million, or 45 cents a share, and Echo Global Logistics Inc. earnings declined 64% to $1.7 million, or 6 cents a share, hurt by acquisition-related costs.
February 5, 2016Florida Man Pleads Guilty to Bribing Marine Corps Officials in Trucking Scheme
A former agent for a national trucking company has pleaded guilty to bribing officials at the Marine Corps logistics base in Albany, Georgia, in order to obtain lucrative freight-hauling business.
February 5, 2016Trucking Adds 1,500 Jobs in January
Trucking added 1,500 jobs in January, and the unemployment rate dropped to 4.9%, an almost eight-year low, the Labor Department reported Feb. 5.
February 5, 2016ATD Announces Finalists for Dealer of Year Award
The finalists for the 2016 Truck Dealer of the Year award were announced Feb. 3.
February 5, 2016