A top executive of Japanese ocean shipping company Kawasaki Kisen Kaisha pleaded guilty Friday to conspiracy to fix prices for transporting cars and will serve a US prison sentence. Hiroshige Tanioka, who was general manager in K-Line’s car carrier division, admitted he had conspired with others in the industry to fix bids…
“Paccar achieved the second-best annual net profit in the company’s history and the 76th consecutive year of net income,” said CEO Ron Armstrong. “Paccar’s financial results reflect the company’s products and services, increased North American truck deliveries, and growth in aftermarket parts revenues and Paccar Financial Services assets. I am…
Werner Enterprises advised an improving economy combined with tight truck capacity is contributing to improved freight demand. “Truck capacity is challenged by an increasingly competitive driver market and heightened regulatory cost increases for truck ownership and safety. Thus, we expect this favorable demand trend relative to constrained supply will continue in…
Intelligent logistics companies, especially multistop carriers, are paying close attention to routing. They feel improvements in productivity and efficiency with less backtracking that routing brings, as well as the more effective use of drivers — important in a time of driver shortages and stricter hours-of-service regulations — are crucial in today’s challenging environment. There…
After the release of data from the Federal Highway Administration of estimated miles traveled by large trucks in 2013, the ATA was able to calculate the large truck-involved crash fatality rate as 1.4 per 100 million miles traveled. That’s a 1.6% decline from data in 2012. With 2013’s decline, the fatality rate…
IATA data shows demand, measured in freight tonne kilometres (FTK), grew 4.2 per cent in November 2014 compared to the same month in 2013, with capacity growing by 3.3 per cent. Compared to the previous month air freight demand increased by .8 per cent. Carriers in the Asia Pacific and Middle…
The Truckload Carriers Association and CarriersEdge have chosen 20 trucking companies as top trucking fleets in the Best Fleets to Drive For competition. These carriers are some of the best to work for. The 7th annual survey and contest chooses for-hire trucking companies that provide the best workplaces for their drivers. Read more…
There’s the Uber of self storage, the Uber of eating out, the Uber of grocery store shopping and the Uber of just about everything else these days. And now, there’s (more than one) Uber of trucking. While not as sexy as some, trucking is big business. The industry does hundreds of…
