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CCJ Top 250
Business: Page 134
Business
Nikola lands $1.7M grant to advance fuel cell research
The joint grant was funded by the US Department of Energy’s Energy Efficiency and Renewable Energy (EERE) Transportation Office under the recently announced FY19 Commercial Trucks and Off-Road Applications FOA.
August 7, 2019
Business
FedEx breaks off relationship with Amazon to focus on broader e-commerce
In a statement, FedEx says it will instead focus on the broader e-commerce market. In a similar announcement in June, when the company announced an end to its air contract with Amazon, FedEx said revenue attributable to Amazon was just 1.3 percent in the 2018 calendar year.
August 7, 2019
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Business
Navistar plots strategy toward becoming ‘premier solutions provider’
Vision 2025 is a joint company and dealer network strategy set forth with a goal “to become the premier solutions provider and OEM of choice for trucking customers across North America.”
August 7, 2019
Business
Delivery economy: study shows expectations rise for businesses, consumers
A study by project44 found that 94 percent of people who make purchases for their company expect the same level of customer satisfaction as personal purchases.
August 6, 2019
Business
Rush Truck Centers launches ‘total service’ support package
The new RushCare Complete offering provides fault code monitoring, access to online parts and two-way communication on repair status.
August 6, 2019
Business
Self-driving upstart Kodiak beginning manned freight deliveries
Kodiak operates as a true freight carrier, using its autonomous platform for operation on “middle mile” highway routes.
August 6, 2019
Business
ATRI seeking fleet feedback for annual Top Industry Issues report
ATRI launches 2019 Top Industry Issues Survey for fleets and truck drivers. Find out how you can complete the survey before Sept. 20, 2019, on CCJ today.
August 6, 2019
Business
Indicators: Trucking employment rally continues, freight movement ‘weak’ but growing
Compared to 2018 and 2019, the goods transportation sector’s growth has slowed dramatically, and overall GDP growth well outpaced the economy’s goods transportation components, says FTR. In other indicators news, employment gains continued in the trucking industry, eclipsing 75,000 additional jobs since early 2017.
August 6, 2019
Business
Diesel prices flat across U.S.
The U.S.’ average price for a gallon of on-highway diesel is now $3.032, the lowest national average since mid-February.
August 6, 2019
Business
Verizon Connect creates Field Service Dispatch for work fleets
The new software is for dispatchers to schedule and communicate job information to technicians and customers.
August 6, 2019
Business
Regs limiting glider kits score a win in EPA ruling
The Environmental Protection Agency’s internal watchdog has concluded that a 2017 EPA study used to promote limiting production of glider kit trucks was “consistent” with the agency’s research standards and, therefore, the study’s conclusions shouldn’t be dismissed.
August 5, 2019
Business
Second quarter sees decrease in cargo theft activity, CargoNet reports
The firm noted that a trend of trailer burglaries becoming the preferred method of cargo theft in the first quarter continued through the second quarter, along with a resurgence of fictitious pickup activity.
August 5, 2019
Business
Truck orders hit lowest level in 9 years ahead of ‘market correction’
Since March 2018, ACT’s forecasts have targeted 2019’s third quarter as the point at which the supply of Class 8 tractors and demand for freight services would likely tip.
August 2, 2019
Business
Kottke Trucking acquires Wayne T. Fellows
Kottke Trucking's acquisition of Wayne T. Fellows will bring 43 truck driving jobs and 22 non-driving jobs to its company and trucking industry. Details on CCJ.
August 2, 2019
Business
Stay Metrics index shows early-stage driver turnover rises in 2019
In the first half of 2019, drivers hired by carriers are leaving at a faster rate compared to the same period in 2018.
August 2, 2019
Business
Swift ordered to pay CRST $15 million for recruiting drivers under contract
A jury has ruled that Swift Transportation owes CRST Expedited more than $15 million for recruiting freshly licensed truck drivers who were locked into 10-month employment contracts with CRST.
August 2, 2019
Business
Indicators: Shippers Conditions sharply improve, spot rates flat, trucking revenues soared in ’18
Shippers conditions are often an inverse of conditions for carriers, meaning May’s Trucking Conditions Index, likely to be released soon, will indicate deterioration in conditions for carriers. Also: Per-mile rates on the spot market were mostly flat in July, and trucking revenues in 2018 jumped to nearly $800 billion.
August 2, 2019
Business
Fledgling highway bill advances in Senate
A Senate committee in the past week introduced what’s being billed as the “most substantial highway legislation in history” — a five-year, $278 billion package to succeed 2015’s FAST Act. However, absent from the bill currently are two key elements: Funding mechanisms and policies.
August 2, 2019
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Alternative power
Pilot Travel Centers set to deploy Tesla Semi chargers spanning 5 states
Tesla maintains that it plans to ramp production of its electric Class 8 in the coming months, and construction on the Pilot-based charing network is set to begin in the first half of this year.
Business
Peninsula Truck Lines adding PNW compliance surcharge
Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
Business
Abilene Motor Express folding into Swift Transportation
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
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