FedEx Reports $692 Million Profit, Increases Rates
FedEx Corp.’s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year. The shipping giant reported a profit of $692 million in the three-month period ending Aug. 31, or $2.42 per d…
Date set for 2016 Shell Rotella SuperRigs competition
JOPLIN, Mo. – The date and location for the 2016 Shell Rotella SuperRigs has been confirmed. Next year’s SuperRigs is set to take place from June 9-11, 2016 at the Joplin Convention and Trade Center in Joplin, Mo. The Shell…
Stemco names new director of aftermarket sales
LONGVIEW, Texas – Stemco announced today that it has promoted Michael R. Keller to the position of director, aftermarket sales. In his new position, he will be responsible for aftermarket sales in the US and Canada, which includes a sales…
Schneider Offers New Cross-Border Intermodal Service
Schneider has expanded its intermodal service out of Montreal to markets in Florida and Georgia which bypasses the Great Lakes route. The company has also opened lanes from Montreal to Ohio and St. Louis.
Spot Market Freight Volume, Rates Drop
Freight volume followed a common seasonal pattern of declining in August on the spot freight market as linehaul rates also moved lower, pushing the latest DAT North American Freight Index down for the second straight month. Overall volume fell 8.8%, th…
Economic Watch: Latest Indicators May Keep Lid on Interest Rate Hike
Retail sales in the U.S. posted another gain in August, leaving some wondering if it will be enough to push the Federal Reserve to hike interest rates from near zero for the first time in several years. American Trucking Associations Chief Economist Bo…
Trucker charged in Delaware couple’s crash deaths
DELAWARE, Ohio – Police have charged a Tuscarawas County truck driver in the traffic deaths of a Delaware couple last month. Jeremy Sloan, 36, of Sugarcreek, was charged today with two counts of vehicular manslaughter and one count of failing to stop a…
DT12, Detroit Assurance helping DTNA defend market share
LAS VEGAS, Nev. — This has been an incredible year for truck sales in the North American market and Daimler Trucks North America (DTNA) says it has been able to defend its strong market share. Year-to-date through June, DTNA sold…
Doctor Charged With Falsifying CDL Physicals
The complaint alleges that Dr. Gerald Surya claimed that he had examined applicants for commercial driver’s licenses and found them fit to drive without actually performing the examinations. Dr. Surya was authorized to conduct mandated U.S. Department …
Driving the Freightliner Inspiration autonomous truck
I travelled to Nevada to become certified to operate autonomous trucks in that state