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Business: Page 805
Business
Great West fleet panel: California offers challenges, opportunities
Dealing with California Air Resources Board regulations, congestion, limited parking and frequent inspections can make operating in California one big headache. But a panel of fleet executives at the inaugural Great West Fleet Executive Conference in Las Vegas on Wednesday, June 13, told attendees that there also are plenty of opportunities in the Sunshine State. […]
June 13, 2012
Business
Monthly freight index up 0.2% in April, year-to-year up 2.0%
The amount of freight carried by the for-hire transportation industry rose 0.2 percent in April from March, rising after a one-month decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ Freight Transportation Services Index released Wednesday, June 13. The April level was 16.2 percent above the April 2009 low during the recession. […]
June 13, 2012
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Business
FTR Shippers Conditions Index unchanged in April
FTR Associates on Wednesday, June 13, announced that its Shippers Conditions Index for April basically was unchanged from the previous month with a moderately negative reading of -5.4. The SCI sums up all market influences that affect shippers; a reading above zero suggests a favorable shipping environment, while a reading below zero is unfavorable. FTR […]
June 13, 2012
Business
Truckload driver turnover higher in 1Q
After a one-quarter reprieve, the annualized turnover rate for large truckload fleets rose slightly in the first quarter of 2012, while small truckload fleets saw a tremendous surge in turnover, according to the American Trucking Associations’ Trucking Activity Report. ATA Chief Economist Bob Costello on Wednesday, June 13, said the turnover rate for large truckload […]
June 13, 2012
Business
Fewer fleet failures in 1Q, report finds
The trucking industry has experienced a strong recovery in 2012, as fewer trucking companies have failed in the first quarter of 2012 than in recent years, according to the Paragon Report, which examines investment opportunities in the trucking industry. Companies who have survived the recent recession will be well-positioned to profit going forward, the report […]
June 13, 2012
Business
Trucking rates up 5-15% in 2011, logistics report finds
Total U.S. business logistics costs in 2011 rose to $1.28 trillion, a 6.6 percent increase from the previous year and accounting for 8.5 percent of the U.S. gross domestic product, according to the Council of Supply Chain Management Professionals’ 23rd annual “State of Logistics Report” presented by Penske Logistics on Wednesday, June 13, at a […]
June 13, 2012
Business
Chubb adds covert shipment tracking to security service suite
The Chubb Group of Insurance Companies and FreightWatch International announced a collaboration to combat current record-high levels of cargo theft. FreightWatch, which reported an 8.3 percent increase in the number of cargo thefts last year, will offer Chubb transportation insurance customers a 10 percent discount on real-time shipment tracking services. Using covert tracking devices, FreightWatch […]
June 13, 2012
Business
Mitsubishi Fuso to continue 5-year warranty on 2013 Canter
Mitsubishi Fuso Truck of America has announced that it will continue its full warranty package — including its three-year/unlimited mileage bumper-to-bumper warranty, its four-year/unlimited mileage rust-through warranty and its five-year/175,000-mile powertrain limited warranty on all of its 2013 Canter FE and FG Series trucks. According to Todd Bloom, MFTA’s president and chief executive officer, “Our […]
June 13, 2012
Business
Continental submits two retreads for SmartWay verification
Continental Tire the Americas’ Commercial Vehicle Tire business unit announced that it has submitted two retread tire products for verification as low rolling-resistance technologies under the U.S. Environmental Protection Agency’s SmartWay Transport Partnership’s new performance standards. Continental’s HDL Eco Plus ContiTread drive and HTL Eco Plus ContiTread trailer retreads were presented to the EPA Technology […]
June 13, 2012
Business
Arsenault Associates adds FinanceLink to Dossier
Arsenault Associates announced the release of FinanceLink, designed to allow users to export parts purchasing data to business systems for payment and reconciliation. FinanceLink is part of Dossier version 6.2, the latest edition of Arsenault’s fleet asset maintenance management software. “Every release of Dossier brings many improvements in maintenance management based on our users’ feedback […]
June 13, 2012
Business
Remy signs supply agreement with Via Motors
Remy Inc.’s electric motor division and Via Motors have announced a joint agreement to supply powertrains for the Via Extended-Range Electric Vehicle. Via’s VTrux line of extended-range electric trucks, vans and SUVs are equipped with the company’s eRev powertrain designed to enable the VTrux to drive up to 40 miles in a full-electric near-zero emissions […]
June 13, 2012
Business
Descartes acquires IES for $35M
Descartes Systems Group has signed a definitive agreement to acquire substantially all of the assets of Integrated Export Systems and IES Asia Limited for about $35 million in cash. IES provides Software-as-a-Service solutions that help freight forwarders, non-vessel operating common carriers and customs brokers manage their businesses and improve profitability. With offices in New Jersey […]
June 13, 2012
Business
Winning the battle of perception
About 10 years ago, I was in the office of a moving company near Dallas. At some point during my interview with the company’s vice president we discussed recruiting. I asked how he was able to successfully recruit owner-operators. I don’t recall what he said other than “drivers are a suspicious lot.” He went on […]
June 12, 2012
Business
Court rejects EPA’s Navistar engine exemption
A federal appeals court on Tuesday, June 12, rejected the U.S. Environmental Protection Agency’s ruling that allowed Navistar to sell heavy-duty diesel engines that don’t meet the agency’s 2010 emissions standards limiting the amount of oxides of nitrogen (NOx) in diesel exhaust. An interim final rule issued in January allowed Navistar to pay fines and […]
June 12, 2012
Business
Diesel exhaust causes cancer, WHO advisory group concludes
The Diesel Technology Forum on Tuesday, June 12, stood up for diesel engine and equipment manufacturers following a global cancer group’s report that exhaust from diesel engines can cause cancer. The International Agency For Research On Cancer, an advisory group that’s part of the World Health Organization, has classified diesel engine exhaust as a “probable” […]
June 12, 2012
Business
ATA again asks FMCSA to shed light on CSA methodology
The American Trucking Associations on Tuesday, June 12, continued to call out the Federal Motor Carrier Safety Administration on its Compliance, Safety, Accountability monitoring and measurement system, asking the agency to release a study of the links between violations and crash risk used to develop its methodology for assigning carriers’ scores. “As a regulated industry, […]
June 12, 2012
Business
Traffic Mitigation Fee at California ports going up 2.5%
The West Coast MTO Agreement announced a 2.5 percent increase in the Traffic Mitigation Fee at the Ports of Los Angeles and Long Beach in order to address labor cost increases scheduled to take effect on July 1. Beginning Aug. 1, the TMF will be increased by $1.50 per 20-foot equivalent unit (TEU) to $61.50 […]
June 12, 2012
Business
Colorado truckstops installing live traffic monitors
As part of an overall effort to enhance safety and improve traffic, many truckstops in Colorado soon will be equipped with a tool that should provide truck drivers and other travelers with real-time information relating to roadway, weather and traffic conditions on key highways in the state. The program is a cooperative effort involving Wal-Mart, […]
June 12, 2012
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Regulations
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