The U.S. federal government on Wednesday mandated that heavy trucks be equipped with electronic stability controls by Aug. 1, 2017, the latest in a series of actions taken by the federal government to improve safety that will ultimately contribute to higher truck rates.
Heavy trucks orders in the US and Canada dropped for the fifth straight month in May, falling 11 percent from April, as the truck market recovered from a sharp surge in sales in 2014, FTR said.
PeopleNet, a trucking technology company owned by $2.4 billion Trimble, last week purchased Cadec Global, a pioneer in fleet management technology. The acquisition underscores growing demand for end-to-end mobile computing networks among shippers and transport operators.
"Virtual" less-than-truckload carrier Shift Freight is reaching further into the Midwest, building lanes and serving destinations in Ohio and Michigan.
The Obama administration opposes cuts to TIGER grants, housing programs and longer pup trailer limits in the House transportation and housing appropriations bill.
XPO Logistics raised $1.26 billion from institutional investors and plans a $2 billion stock sale to help finance its latest acquisitions and prepare for more.
The value of goods trucked across the U.S.-Mexican border is outpacing the number of trucks making the crossing, rising twice as fast, U.S. transportation and trade data show.
For companies interested in oil field transportation, now is the time to buy. Low oil prices are encouraging acquisitions across the energy sector, including trucking. Canada's Aveda Transportation and Energy plans to bolster its U.S. expansion by acquiring Hodges Trucking in Oklahoma.
Electronically tethered convoys may be on the horizon. A U.S. study looks at linking trucks via vehicle-to-vehicle technologies that control speed and braking for safer, more efficient transportation.
An ambitious plan to rebuild Rhode Island's crumbling bridges using up to $700 million in truck tolls came under fire by the American Trucking Associations, which wants to stop the smallest state in the U.S. from setting a big precedent.