Industry analysts are continuing to try and quantify just how tight trucking capacity is getting in the U.S. freight market, with rate increases being used as one way to measure the severity of the current capacity crunch. Read more here.
“By searching for equipment proactively rather than waiting for carrier responses, a broker can gain an edge over the competition by booking equipment before anyone else,” Aljex CEO Tom Heine said in the Jan. 19 announcement. Read more here.
Werner Enterprises, in an update on the progress of its campaign to hire veterans, announced it has employed more than 5,100 veterans in the past three years, surpassing the pledge it made in 2012 under the White House campaign Joining Forces when Werner pledged to hire 1,000 veterans a year…
Eaton has expanded its line of UltraShift PLUS automated transmissions with the new A-Ratio model designed for a wide range of extreme applications. The new Multipurpose Extreme Performance transmissions have lower overall numerical ratios and higher torque ratings. Read more here.
Mercedes-Benz will take the wraps off its new mid-sized commercial van at the NTEA Work Truck Show, which runs March 4-6 in Indianapolis. The new Metris van is one of more than 100 new commercial vehicles that will be displayed at the show, organizers say. Read more here. …
The December Cass Freight Index followed expected seasonal trends with a 6.3% drop in shipment volume from the month before and a 6.7% decline in freight spending. Despite the drops the December figures mark the highest end‐of‐year values for both indexes since the beginning of the recession in 2007. Read…
Made of titanium, carbon fiber and, like superman, is designed to go faster than a speeding bullet, the Bloodhound SSC has been painstakingly put together and tested over the better part of six years. In 2016, the UK-based team plan to take the 42-foot (8.9m) vehicle to Hakskeen Pan, a…
Spot market freight volume was atypically strong for the season in December, increasing 3.0 percent compared to November, according to the DAT North American Freight Index. Freight volume has declined in December in 11 of the past 15 years. Compared to December 2013, volume rose 11 percent, in the eighteenth…
The president and CEO of Dana Holding Corporation has informed the company’s board of directors that he plans to retire in April 2016 Roger J. Wood has led the company for five years. Read more here.
The TransCore Link Logistics Canadian Freight Index closed 2014 with unprecedented record highs for annual load volumes, trouncing 2013 annual load volumes by 33 percent. The year saw historic volumes for 10 months, the most since TransCore Link Logistics started recording data. The two months that did not set records,…
