Fleet Failures Down in 1Q
Just 85 motor carriers, with a total of 1,025 trucks, went out of business during the first quarter as fleets feasted on high demand for their services and low diesel prices that form an uncommonly strong business environment.
June 1, 2015Truck Delays at Military Bases Concern Industry Executives
Truck drivers servicing U.S. military installations are increasingly being required to undergo additional lengthy background and security checks before gaining entry, extensively delaying deliveries and pickups, industry executives have said.
June 1, 2015Shortage of Available Build Slots Weighs Down April Trailer Orders
New trailer orders declined for a third straight month, dropping 31% in April compared with a year earlier, ACT Research reported, attributing the downturn to a shortage of manufacturing capacity rather than weaker demand.
June 1, 2015Carriers, Shippers Say Stronger Ties Are Forged by Working Together
With tight capacity compelling carriers to get more selective about the freight they’ll haul, shippers are working to strengthen relationships with the companies that deliver their goods.
June 1, 2015Maine Legislature Tries to Crack Down on Canadian Truckers Avoiding Tolls
Officials in Maine said they have grown weary of Canadian truckers traveling the Maine Turnpike on their way to U.S. East Coast markets without paying tolls.
June 1, 2015PeopleNet Announces Acquisition of Cadec to Expand Reach in Private-Fleet Sector
Trucking technology supplier PeopleNet announced it acquired Cadec Global Inc. in a move that expands the company’s reach in the food-service and private-fleet sectors.
June 1, 2015Sen. Tom Carper: Devolution Would Hurt US in Bid to Remain Competitive Globally
WASHINGTON — As the Senate prepares to consider a six-year highway funding measure, Sen. Tom Carper (D-Del.) said efforts that would limit the federal government’s involvement in infrastructure projects would hurt the country.
June 1, 2015Diesel Average Up 1¢ to $2.914 In 6th Consecutive Increase
Diesel’s average U.S. price rose 1 cent to $2.914 a gallon last week, the sixth straight increase, the Department of Energy reported.
June 1, 2015Used-Truck Transactions Rise 4% in 1Q
Used-truck transactions grew nearly 4% in the first quarter, and average pricing has continued to escalate in recent months as newer, more valuable models have become available, according to recent industry reports.
June 1, 2015House Panel to Consider Fiscal ’16 Highway Funding Bill
The House Rules Committee will look to pave the way for floor consideration on a fiscal 2016 transportation funding bill June 1 at 5 p.m. EDT.
May 29, 2015