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Business: Page 389
Business
Kenworth kicking off $17M Ohio truck plant construction project
Kenworth’s plant in Chillicothe, Ohio, is undergoing a $17 million construction project to enhance assembly efficiencies, the company announced Wednesday.
May 18, 2016
Business
Mitchell 1 to provide maintenance, repair software to First Vehicle Services
The agreement gives First Vehicle Services technicians access to Mitchell 1’s TruckSeries and ProDemand software programs.
May 18, 2016
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Business
Education, training key in driver recruitment and retention, panel says
With driver turnover hovering at 100-plus percent, a panel was assembled at the CCJ Symposium in Birmingham, Ala., Wednesday to tackle two of the biggest buzzwords in trucking: recruitment and retention.
May 18, 2016
Business
Point-counterpoint: Owner-operator and carrier interest groups spar over ELDs and speed limiters, harp on need for truck parking
Once again making clear the sometimes wide divide between large and small carriers on some of the industry’s key regulatory and operational issues, Todd Spencer of OOIDA and Ted Scott of ATA spoke in a point-counterpoint session May 17 at CCJ’s annual Spring Symposium in Birmingham, Ala., butting heads over electronic logging devices, speed limiters, allowing 18-21 truckers to drive interstate and more.
May 18, 2016
Business
Covenant Transport exec discusses ‘culture of excellence’ at Spring Symposium
Doug Schrier gave a presentation about how CTG went through a turnaround by creating a culture of excellence at the CCJ Spring Symposium on Tuesday, May 17, in Birmingham, Ala.
May 17, 2016
Business
Pollster Frank Luntz: ‘Frustrated and angry’ electorate will choose the next president
“People feel betrayed.” That statement sums up the general feeling of the electorate as we head into the most tumultuous election cycle in recent history, pollster Frank Luntz told attendees during his keynote remarks at the CCJ Spring Symposium in Birmingham, Ala., today. “That’s the strongest feeling you can have about politics,” he said. Luntz […]
May 17, 2016
Business
Fleets seeing benefits of fuel efficiency spec’ing
Aero and efficiency technologies have helped battle back miles per gallon losses caused by EGR engines between 2004 and 2007.
May 17, 2016
Business
House releases bill that would restore 34-hour restart rules from 2011, halt FMCSA’s carrier rating rule
The U.S. House’s Appropriations Committee released May 17 a 2017 fiscal year DOT funding bill that would make permanent 2014’s “restart rollback” by reverting hours-of-service rules for truckers to those in effect in December 2011. The bill also halts FMCSA’s work on its January-proposed Safety Fitness Determination rule until the reforms called for in 2015’s FAST Act highway bill are implemented.
May 17, 2016
Business
FMCSA’s proposed carrier rating reforms ‘a sham,’ rely too heavily on CSA scores, transpo attorney says
“All stakeholders should recognize this proposal is bad for [business] competition and for carriers both small and large,” Seaton told attendees Tuesday, May 11, at CCJ’s Spring Symposium in Birmingham, Alabama.
May 17, 2016
Business
Charts: 1Q revenue, income figures show declines from 2015 for some of country’s top carriers
Quarterly earnings reports for the first three months of 2016 from some the country’s largest publicly traded companies show the quarter was a bit tougher than the same period in 2015, with income and revenues either flat or down on the whole from 2015’s January-March period.
May 17, 2016
Business
CCJ’s Spring Symposium starts today: How to follow sessions on trucking regs, equipment spec’ing and more
The event for fleet managers and executives will feature sessions on preparing for the Safety Fitness Determination rule, spec’ing equipment for fuel efficiency and building a business around technology.
May 17, 2016
Business
Diesel prices rise to highest point since mid-December
Diesel prices have jumped up to their highest point since mid-December after another increase in prices during the week ending May 16.
May 16, 2016
Business
Supreme Court decision to allow trucker to intervene in ELD lawsuit undecided, FMCSA skips response filing
If the Supreme Court does grant trucker William Trescott’s motion, it would delay the court proceedings in OOIDA’s current case. The Supreme Court set a May 12 deadline for FMCSA to file a response to Trescott’s motion to intervene. The agency decided not to file a response, per court documents.
May 16, 2016
Business
N.C.-based trucking company alleging FMCSA discriminates against its Chinese drivers
North Carolina-based, Asian-owned trucking company Truse Trucking is alleging it has been discriminated against by the FMCSA because it employs Chinese drivers whose primary language is not English.
May 16, 2016
Business
Used truck prices continue decline
Late spring and early summer months could see incremental improvements in demand as lower truck prices lure some buyers off the fence.
May 16, 2016
Business
TrailerTail achieves sales of 50,000 units
In 2015 alone, the company sold more than 13,000 units to over 450 customers.
May 16, 2016
Business
XTRA Lease adds 6,000 new trailers
XTRA Lease says it has added more than 40,000 trailers equipped with aerodynamic side skirts and low rolling resistance tires and nearly 70 percent of its over-the-road fleet is 2012 and newer.
May 13, 2016
Business
Report: Shippers demanding rate decreases from carriers
Under a brief investment report titled “Shippers continue to bludgeon rates,” by trucking financial research group Stifel Transportation comes this gem: A large dry van carrier recently told the firm that 90 percent of its customers have asked the carrier for a rate reduction.
May 13, 2016
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Cybersecurity
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