Recent less-than-truckload earnings reports point to a sector that ended 2016 profitably but at lower levels than the year before.
February 13, 2017Business
Fleets Fight Fuel Gelling From Winter’s Chill With Tricks of the Truck Maintenance Trade
As the cold temperatures of winter set in, fleets and fuel providers are using a variety of methods to prevent fuel gelling, which can lead to truck breakdowns and maintenance headaches.
December 12, 2016Government, Business
EEOC Sues Stevens Transport for Refusing to Hire Driver
The U.S. Equal Employment Opportunity Commission has filed a federal lawsuit against Dallas-based refrigerated carrier Stevens Transport Inc. for refusing to hire a truck driver with bipolar disorder.
December 8, 2016Business
Fleet Failures at 2-Year High in Weak 3Q Freight Market
Fleet failures, measured in trucks pulled off the road, spiked in the third quarter to a two-year high, propelled by deteriorating rates, a stagnant freight market and gradually rising diesel prices, according to a new report.
October 17, 2016Business
Verizon to Pay $2.4 Billion for Fleetmatics Group
Verizon Communications Inc. has entered into a definitive agreement to acquire Dublin-based Fleetmatics Group for about $2.4 billion, or $60 per share in cash, as it expands its telematics business.
August 1, 2016Business
FleetUp Registers ELD Product
Startup technology vendor FleetUp officially announced that it has registered its electronic logging system with the Federal Motor Carrier Safety Administration ahead of the agency’s upcoming mandate of the technology.
May 31, 2016Business
Congress Moves on HOS
The U.S. House and Senate last week advanced separate transportation bills that would make changes to the hours-of-service restart rule for truckers that many across the industry have opposed.
May 23, 2016Business
Fleet Failures Rise Sharply
Fleet failures rose sharply in the first quarter as slackening demand, stagnant freight rates and other factors sidelined 3,585 trucks, about three times more than the same quarter last year as well as the final three months of 2015, according to a new Avondale Partners report.
April 18, 2016Business
FleetPride Names Allan Dragone Jr. as CEO
Parts distributor FleetPride announced that it named Allan Dragone Jr. as its CEO. He takes over for Donald Sturdivant, a board member who assumed the position last year.
March 25, 2016Business
Fleet Failures Increase in 4Q; Pace Could Accelerate in 2016
Fleet failures increased sharply in the fourth quarter of 2015 and are likely to keep climbing this year as freight demand softens, a new report said.
February 1, 2016