Truckload

FTR Associates’ Shippers Conditions Index for May was basically unchanged from the level of the last few months at a reading of negative 7.5.

Marten Transport today reported its net income in the second quarter of 2013 was $7.7 million, inching up 1.1 percent from $7.6 million in the second quarter of 2012.

Duff Brothers Capital has agreed to acquire all of the outstanding shares of common stock of Frozen Food Express Industries, a temperature-controlled truckload and less-than-truckload carrier in the U.S., for $38.2 million.

North American truckload pricing in June increased 1.5 percent year-over-year and 1.0 percent month-over-month, according to the Cass Truckload Linehaul Index.

Integrated Freight Corp. has reached an agreement with its single largest creditor group, thereby reducing its total outstanding debt.

J.B. Hunt Transport Services reported net earnings in the second quarter of 2013 were $87.70 million, improving 9 percent compared with $80.45 million in the second quarter of 2012.

TRAC Intermodal has begun providing truckers with premium rentals of marine chassis equipped with radial tires, automatic pneumatic airing systems, LED lighting, ABS braking, GPS tracking and other features.

Just over 50 percent of trucking companies believe they are getting the rates of return needed to justify further investment in new equipment.

FTR Associates’ Trucking Conditions Index for May, published in the July 2013 Trucking Update, was unchanged compared with the previous month...

Cargo interests who ship by truck could face a severe capacity crunch in the near future if the U.S. experiences sustained economic growth, and if government regulations take the toll on motor carrier productivity that the trucking industry fears will happen.

Truck tonnage should remain unusually robust this summer, buoyed by construction and manufacturing activity and resilient consumer confidence, said Mark Montague, industry rate analyst at DAT.

Shippers and truckers, driven by differing perspectives, may be speeding toward a collision over pricing. Carriers, pinched by rising operating costs and a shrinking driver pool, are pressing for higher rates, while customers, facing lackluster demand for goods they ship, wonder why transportation costs as much as it does.

Schneider National is installing new tracking technology across its fleet of van trailers and intermodal containers.

Freight volume for all modes is expected to rise more than 20 percent by 2024, with trucking strengthening its position as the leading type, holding 70.8 percent of the share by 2024...

Volumes for used Class 8 trucks in North America slid in May, driven by the retail market declining 4 percent month-over-month...

HNA Group Co. of China has agreed to acquire GE Capital’s TIP Trailer Services, a European trailer leasing and rental business, as part of its investment strategy.

TransCore Link Logistics’ Canadian Freight Index volume rose 10 percent in May compared with the previous month, following weak results in April, but dropped 16 percent year-over-year.

FTR Associates’ Shippers Conditions Index for April improved slightly from the previous month to a reading of negative 6.9.

The American Trucking Associations’ advanced seasonally adjusted For-Hire Trucking Tonnage Index jumped 2.3 percent to 126.0 in May, after falling 0.2 percent in April to 123.2, making it the highest level on record.

North American truckload pricing in May increased 1.4 percent from the same month in 2012, but fell 2.4 percent from April, according to the Cass Truckload Linehaul Index.

Preliminary net orders for Class 8 trucks totaled 23,300 units in May, basically flat compared to the previous month, according to ACT Research.

North America’s Class 8 truck net orders in May reached 22,541 units, dropping 2 percent compared with the previous month, according to FTR Associates’ preliminary data.

PTA Holdings is in negotiations to purchase a U.S. Midwest trucker of ocean containers.

A weak market for industrial equipment is hurting the flatbed business of Landstar System, according to the trucking company’s chairman, president and CEO.

Changes to truck driver hours-of-service rules now just a month away will have little to no impact on Landstar System’s existing business, and may even bring the nation’s fourth-largest truckload carrier more freight, a top executive says.

Con-way Truckload has purchased 525 new tractors in a replacement cycle that will maintain the full truckload carrier’s 2,700 tractor fleet.

Celadon Trucking Services, part of Celadon Group, has agreed to acquire Hyndman Transport, based in Wroxeter, Ontario.

Net orders for Class 8 trucks totaled just over 23,200 units in April, up 36 percent year-over-year, remaining above 20,000 units for a seventh consecutive month and reaching the second highest volume in 16 months...

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index slid 0.2 percent to 123.2 in April, after rising 0.9 percent in March to 123.5.

XL Group, an insurance and reinsurance company, has expanded its inland marine business with the addition of truck cargo coverage for medium to large-sized trucking operations in North America.

C.R. England has appointed Sam Scott and Tracy Brown as new division presidents, according to Chad England, CEO of the transportation company.

As temperatures rise across the country, consumers will be moving outdoors and heading to stores. Supressed demand may translate to a rush to find trucks in late May, said Derek Leathers, Werner Enterprises' president and COO.

FTR Associates’ Shippers Conditions Index for March improved from February’s negative 9.5 reading to a current reading of negative 7.3, indicating a slightly better but still negative environment for shippers.

FTR Associates’ Trucking Conditions Index for March, published in the May 2013 Trucking Update, reflected improvement in an already favorable environment for trucking...

IAS Logistics has plans to replicate its Texas Trucking Operation in Los Angeles, Chicago and Miami.

Arkansas Best rejected an offer by YRC Worldwide, its largest unionized less-than-truckload rival, to purchase either ABF Freight System or the entire company.

C.R. England has promoted Brandon Harrison and Zach England, two current members of the transportation company’s executive committee, to the positions of chief operating officers, according to Chad England, CEO.

IMC Companies has reached an agreement to purchase Express America Trucking.