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Business: Page 370
Business
Charts: Largest carriers saw declines in revenue, income in 2016’s second quarter
In line with the myriad of economic indicators and reports in recent months showing a decline in demand for trucking services and associated declines in trucking rates, the country’s largest publicly traded trucking companies saw sliding revenues and profits in 2016’s second quarter, according to publicly available earnings reports.
August 8, 2016
Business
FMCSA to take next step toward sleep apnea rule this month
An FMCSA board will meet this month to make recommendations to the agency on a potential sleep apnea rule to govern screening and treatment of truckers suspected of sleep apnea.
August 8, 2016
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Business
More than 430 drivers competing this week for National Truck Driving Championships
Drivers will compete in one of eight different classes for the chance to be named the 2016 Bendix National Truck Driving Championships Grand Champion. The competition includes three phases of challenges: pre-trip inspection, a written exam and a driving course with obstacles and tight turns.
August 8, 2016
Business
Crime roundup: Illegal hazmat transport, false overweight state permits
An overweight state permit company was charged with producing falsified permits, and a Missouri chiropractor pled guilty to submitting false medical examiner certificates.
August 8, 2016
Business
Cargo theft incidents, values fall year-over-year, FreightWatch reports
Food and drinks represented 23 percent of total thefts during the quarter with nuts and sodas, juice, tea and water being the most targeted products in the category, according to FWI. Electronics accounted for 13 percent of overall thefts, with the majority of these being televisions.
August 8, 2016
Business
Gaining ground: V3 Transportation takes off in expedited market
During the present freight recession, V3 Transportation is fast becoming one of the largest players in the expedited market. In the last three years the company has gone from zero to 150 trucks.
August 5, 2016
Business
For-hire trucking employment gains jobs for first time since January
July’s total employment figure in the for-hire trucking industry, reported by the DOL as 1.455 million, is the first jobs gain since January.
August 5, 2016
Business
NTSB says Tesla in fatal crash involving tractor-trailer was speeding
A preliminary report issued last week by the National Transportation Safety Board on the fatal July crash involving a Tesla Model S using the self-driving Autopilot mode and a full-length tractor trailer determined the Tesla was traveling 9 mph over the posted 65 mph speed limit.
August 5, 2016
Business
ATA report shows trucking’s freight dominance grew in 2015
The American Trucking Associations released a report Aug. 4 that showed trucking posted gains in employment, number of truck drivers and truck sales through 2015. The report also reveals trucking’s share of U.S. freight and the dollar amount of freight billings both grew last year, too.
August 4, 2016
Business
DOT warns drivers about use of e-cigarettes, vaporizers
FMCSA says the use of e-cigarettes has resulted in several incidents including explosions, serious personal injuries and fires.
August 4, 2016
Business
Carrier ordered to pay driver $200k in firing deemed wrongful by federal judge
The 75-truck Indianapolis fleet says Butler was fired for refusing multiple loads without reason and for being two hours late to a meeting with his boss following the final refused load. The court, however, sided with the driver, saying the carrier lacked evidence to support its case.
August 4, 2016
Business
Caroline Lyle joins TMW Systems as marketing exec
Caroline Lyle has been appointed vice president of marketing for TMW Systems where she will oversee all marketing and communications programs designed to support the company’s portfolio of transportation management, asset maintenance, last-mile delivery, and business intelligence and related products and services for for-hire and private fleets, brokers, 3PLs, and heavy duty repair centers. Lyle […]
August 4, 2016
Business
Orbcomm lands trailer tracking contract from Barnes Transportation
Barnes Transportation Services Inc. (Barnes) has chosen Orbcomm to provide solar-powered asset tracking for its dry van trailers.
August 4, 2016
Business
U.S. Xpress adds Phillips trailer component package to 1,700 trailer order
The package from Phillips Industries includes the company’s Sta-Dry socket and noseboxes, trailer harnesses, exterior trailer lighting and air connectors with a filtration system, in addition to the extended warranty.
August 4, 2016
Business
Carrier Transicold set to roll out TRU custom telematics next year
With field trials nearing completion, Carrier Transicold anticipates the full release of its telematics solution in North America in 2017.
August 4, 2016
Business
ZF poised to acquire Haldex for $516 million
The offer is conditional, among other things, upon being accepted by Haldex’s shareholders to an extent that ZF becomes the owner of more than 90 percent of the outstanding shares in Haldex.
August 4, 2016
Business
Fleets’ heavy vehicle taxes due Aug. 31
Motor carriers with 25 or more vehicles with taxable gross weights of 55,000 pounds or greater must file electronically.
August 3, 2016
Business
Sprinter adds options to entry-level Worker line
Previously, Worker was available only in 144-inch wheelbase and low-roof configuration and exclusively with the Mercedes 2.1-liter turbo diesel four-cylinder engine.
August 3, 2016
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Cybersecurity
NMFTA warns of Chinese components in trucking technology
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Kandel Transport acquired by Nagle Companies
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Regulations
U.S. 'pausing' work visas for commercial truck drivers
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