Fleet Advantage reveals Q2, 2016 Truck Lifecycle Data Index
FORT LAUDERDALE, Fla. – Fleet Advantage released its second quarter, 2016 Truck Lifecycle Data Index (TLDI) today, that compares all-in operating costs of early model Class 8 trucks to all-in operating costs of current model year replacements. The TLDI…
Islamic State’s oil revenue dives as it loses Iraqi territory
Islamic State, pushed off more than half the Iraqi territory it seized in 2014, has suffered a near collapse in revenue from oil smuggling, officials say, forcing it to cut fighters’ pay, levy new taxes and raise fines for breaking its religious code. The jihadist group has lost control of a series of oil fields, and is having to sell what production that remains at steep discounts to persuade truck drivers to collect it and run the gauntlet of U.S.-led air strikes.
International Truck introduces Accelerator Write-Up mobile application
LISLE, Ill. — Navistar announced today that it will provide its new Accelerator Write-Up – a mobile application that will expedite customers’ service visits by streamlining the write-up and diagnostic process – to its service departments at all 700 International…
TTSAO reveals date for second annual conference
HAMILTON, Ont. — The Truck Training Schools Association of Ontario (TTSAO) has announced the date for its second annual conference. The TTSAO ‘Striving for Excellence in Training’ Conference will be held February 15-16, 2017 at the Centre for Health and…
Frequent bridge crashes across Basin draining taxpayer dollars, causing TxDOT headache
Frequent bridge crashes across Basin draining taxpayer dollars, – KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo – The majority of bridge strikes are caused by truck drivers without proper load permits or awareness of …
Many truckers ignore Independence Pass warnings
Deputy Erin Smiddy of the Pitkin County Sheriff’s department directs three tractor trailors to turn around and take the detour once they reach the Independence Pass Winter closure gate. Deputy Erin Smiddy of the Pitkin County Sheriff’s department confronts semi-truck drivers that are trying to take Independence Pass instead of the longer detour through Steamboat.
Economic Watch: Durable Goods Dive, New Home Sales Jump
While new orders for manufactured durable goods plunged in June, a closely watched economic indicator inside the preliminary Commerce Department report released Wednesday shows a gain for the first time in three months, as a separate report shows a hik…
Total cost of ground transportation declines
TORONTO, Ont. — The total cost of ground transportation for Canadian shippers decreased by 0.9% in May compared to April according to results published today by the Canadian General Freight Index (CGFI). As well, the base rate index, which excludes…
Volvo Trucks names regional v.p. for Canada
GREENSBORO, N.C. — Volvo Trucks North America recently announced that Paul Kudla has been named regional vice-president for its Canada region. In his new role, he will oversee commercial sales and marketing operations. “Paul is very well-known within the industry,…
Earnings Watch: Covenant, Knight, Roadrunner See Lower Profits
Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%. The parent a handful of trucking operations, Covenant Transportation Group Inc. , reported its profit fell to $3.6 million, or 20 cents per share, compared $11 million, or 60 cents per diluted share in the second quarter of 2015.