Echo Global Adds Software to Help Major Customers
Echo Global Logistics has announced plans to introduce new transportation management software that is tailored to the needs of large shippers who do not have their own systems.
February 7, 2011Oil Holds Below $90 a Barrel
Oil held below $90 a barrel for a second trading day Monday, its lowest in a week, as concerns about Egyptian unrest eased and U.S. gasoline supplies rose, Bloomberg reported.
February 7, 2011Pitt Ohio Rebrands Company to Stress Broader Services
Pitt Ohio is rebranding the freight company to emphasize its broad range of services by dropping the word “Express” from its name and adding a new logo.
February 7, 2011U.S. Seeks EOBR Mandate
The Federal Motor Carrier Safety Administration last week proposed requiring nearly all interstate commercial motor carriers to install electronic data recorders to monitor their drivers’ hours-of-service compliance.
February 7, 2011Concern Over Tire Prices, Supply
There were more signs of the trucking industry’s resurgence last week, as a number of publicly-held fleets reported improved earnings, while analysts said trailer and used trucks sales surged during 2010.
February 7, 2011Trailer Orders, Shipments Soar, Led by 417% Jump for Dry Vans
The freight-trailer industry rebounded sharply during 2010, with orders more than doubling to 166,500 and shipments rising 52% over 2009 to 119,900 units, ACT Research Co. reported.
February 7, 2011Strong Used-Truck Sales Gains Creating Shortage, Dealers Say
Customers bought used Class 8 trucks at such a fast pace last year that they swept dealer lots nearly clean, triggering shortages expected to last for several years and pushing prices up as much as 30%, according to dealers and analysts.
February 7, 2011New Push by Senate Committee Chairman Focuses on FAA Funding, Rail Competition
Two transport issues left over from the last Congress are moving in different directions on Capitol Hill in the early days of the current congressional session.
February 7, 2011UPS Posts $1.12 Billion 4Q Profit as Volume, Rates Rise
UPS Inc. nearly doubled its fourth-quarter net earnings, which shot up to $1.12 billion as volumes and pricing improved across almost all business segments, the parcel carrier said Feb. 1.
February 7, 2011Design, Maintenance of Key Components to Be Focus of TMC’s Meeting in Tampa
Many of the maintenance professionals who keep U.S. truck fleets running smoothly will focus their attention on wider dissemination of the motor freight industry’s recommended engineering practices at the Technology & Maintenance Council’s annual meeting in Tampa, Fla.
February 7, 2011