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Business: Page 832
Business
Universal Truckload announces higher 1Q earnings
Universal Truckload Services Inc. announced that operating revenues for the 13 weeks ended March 31 increased 11.6 percent, or $18.2 million, to $175.8 million from $157.6 million for the 13 weeks ended April 2, 2011. The company’s operating ratio improved 70 basis points to 96.9 percent from 97.6 percent. Income from operations increased by 40.4 […]
April 25, 2012
Business
Canada freight index rises 10% after 12th consecutive increase
According to the Canadian General Freight Index released Wednesday, April 25, that the cost of ground transportation for Canadian shippers increased 0.8 percent in February when compared with January. After the 12th consecutive monthly increase, the CGFI is now 10 percent above the March 2011 result. The Base Rate Index, which excludes the impact of […]
April 25, 2012
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Business
FMCSA’s amended rules target reincarnated companies
The Federal Motor Carrier Safety Administration on Wednesday, April 25, announced its final rule amending its rules of practice for motor carrier, intermodal equipment provider, broker, freight forwarder and hazardous materials proceedings. The agency’s final rule clarifies that paying the full proposed civil penalty in an enforcement proceeding, either in response to a Notice of […]
April 25, 2012
Business
OMB gets amended intermodal equipment rule
The Federal Motor Carrier Safety Administration has sent to the Office of Management and Budget its amended final rule concerning the inspection, repair and maintenance of intermodal equipment – specifically with respect to the requirement for drivers and motor carriers to prepare a driver-vehicle inspection report on an item of IME even if no damage, […]
April 25, 2012
Business
ATA urges highway bill conferees to support EOBR mandate
The American Trucking Associations President on Wednesday, April 25, called on members of the upcoming conference committee on the surface transportation bill to require motor carriers to use electronic logging devices to promote drivers’ compliance with hours-of-service driving limits. “We urge conferees in both bodies to adopt the Senate’s requirement for carriers to use electronic […]
April 25, 2012
Business
Jeb Bush offers four-part economic strategy at AmeriQuest meeting
Jeb Bush, former two-term Florida governor and keynote speaker at the recent AmeriQuest Transportation Industry Symposium held in Orlando, Fla., generated an enthusiastic audience response to his plan for stimulating economic growth in the United States. His four-part strategy is based on acceptance of alternative energy sources, a sound immigration policy, an end to oppressive […]
April 25, 2012
Business
Old Dominion kicks off nationwide Truck Tour
Old Dominion Freight Line Inc. kicked off its fourth annual Truck Tour during a daylong celebration in Tulsa, Okla. The Old Dominion Tulsa Service Center hosted the first of eight stops on the 2012 Old Dominion Truck Tour, a nationwide excursion aimed at celebrating the company’s history and vision for the future with customers, employees […]
April 25, 2012
Business
Natural gas offerings to dominate 2012 ACT Expo
Natural gas industry leaders gather at Alternative Clean Transportation Expo 2012 to showcase advancements across a wide variety of clean vehicle technologies.
April 25, 2012
Business
Vigillo offers Crash Management System
Vigillo – creators of data mining software products designed to aggregate, organize and deliver fleet safety information in an easy-to-read scorecard format – announced the release of its new Crash Management System. The Web-based application represents the seventh product in the Vigillo Daylight Suite designed to give carriers, brokers, shippers, insurers and drivers the tools […]
April 25, 2012
Business
Internet Truckstop launches paid shipper rates
Internet Truckstop, a Web-based freight matching service, has added paid shipper rates as part of the existing RateMate service. The feature includes 30, 60 and 90 days of paid shipper rate data provided by thousands of shippers over the last few years. Internet Truckstop says the database of companies submitting rates includes all aspects of […]
April 25, 2012
Business
Peterbilt of Norfolk completes addition
Construction recently was completed on a 7,400-square-foot addition to the Peterbilt of Norfolk building in Norfolk, Neb. Eight new bays added to the east end of the metal building opened for business in mid-April at the heavy-truck dealership on Highway 81. The addition to the Norfolk building, which was built in 2008, was needed to […]
April 25, 2012
Business
Navistar to expand partnership with Chinese truckmaker JAC
At the Beijing International Automotive Exhibition (Auto China 2012), Navistar Inc. announced its plans to expand its collaboration with Chinese truckmaker Anhui Jianghuai Automobile Co. Ltd. (JAC). At a signing ceremony in conjunction with the tradeshow, Navistar and JAC signed non-binding letters of intent (LOI) to partner on new commercial vehicle opportunities: • Light-duty truck […]
April 25, 2012
Business
Truck-Lite presents awards
Truck-Lite presented Harvey and Karen Zander with the 2011 NAST Truck-Lite Trophy for the art design they’ve created on their 2003 International Model 9001x. The Zanders have more than 322 Truck-Lite LED lighting products on their vehicle. The St. Louis Park, Minn.-based driving team was awarded a $5,000 check and trophy. Jeremy Trout of Tecumseh, […]
April 25, 2012
Business
CCJ Top 250
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April 25, 2012
Business
Chevron Delo welcomes drivers to Million Mile Club
Chevron Lubricants, maker of the Delo brand engine oils, lubricants and coolants, today unveiled the drivers inducted to the Chevron Delo sponsored Red Eye Radio (formerly Midnight Trucking Radio) Million Mile Club in March 2012. Established in 1992, the Chevron says the sponsored program is one of the most prestigious honors in the trucking industry. […]
April 25, 2012
Business
Drivers at ECM Transport cashing in on fuel efficiency
Last year, Ed Meiers, president of New Lexington, Penn.-based ECM Transport, decided to try a novel approach to improve fuel efficiency. The company outsourced its fuel incentive program to FuelOpps, a new service from Pittsburg-based Propel IT. “At first we were apprehensive, but drivers accepted it more from outside the company,” Meiers says. “An outside […]
April 25, 2012
Business
Monthly tonnage index up 0.2% in March, year-to-year up 2.7%
The American Trucking Associations on Tuesday, April 24, announced that its advance seasonally adjusted For-Hire Truck Tonnage Index rose 0.2 percent in March after increasing 0.5 percent in February. The adjusted index stood at 119.5, up from 119.3 in February. The baseline year for the index is 2000. Compared with March 2011, the adjusted index […]
April 24, 2012
Business
Leasing and Finance Index up 10% year-over-year, up 36% over February
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for March was $6.8 billion, up 10 percent from volume of $6.2 billion in the same period in 2011. Volume was up 36 percent from the previous month. […]
April 24, 2012
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