Trucking Logistics

The market for mobile transportation or telematics technology in the U.S. is evolving quickly as a U.S. mandate for electronic recordkeeping by truck drivers draws closer. One of the biggest telematics companies, Omnitracs, is acquiring rival XRS for $178 million.

Mexico trucking
UPS is making some major moves to tap growing domestic freight in Mexico, driven by the manufacturing sector and fueled by export demand and a burgeoning middle class.

ABF Freight saw the biggest increase in profitability on the LTL side in the second quarter, 314.5 percent.
A review of publicly owned trucking company earnings in the second quarter shows the strength of freight demand building up as the U.S. economy expanded, supporting growing expectations of a busier than typical peak shipping season in North America this fall.

Weekly wrap-up for Aug. 30, 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.

The Indian federal government has approved a proposal to delegate more project approval authority to the Ministry of Road Transport and Highways in a bid to minimize delays in awarding of concession contracts.

The 132 transportation and logistics companies that made the Inc. 500/5000 list of fastest-growing U.S. companies this year prove that size and speed aren’t always twinned.

Intermodal chassis provider Direct ChassisLink Inc. has acquired REZ-1, which for 20 years has supplied technology for intermodal equipment management and service.

Boyd Bros. Transportation and Interstate Distributor are the latest U.S. trucking companies to boost truck driver pay as motor carriers scramble to find drivers to move freight.

Thirty million times since 2005 a truck entered or left a Los Angeles-Long Beach marine terminal during off-peak hours, relieving daytime congestion around the largest U.S. port complex, thanks to the Offpeak program run by PierPass.

Spot market truck pricing is unseasonably high in late August, with shippers paying on average 16 cents more per mile for dry van trucks than a year ago, DAT Solutions said.