Trucking industry in the United States

Schneider Receives 12th U.S. Ride of Pride Truck and Selects U.S. Marine Corps Veteran as Its Captain

Friday, October 23, 2020 - 6:33pm

Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, announced Tom Lehr, a highly decorated U.S. Marine veteran and Schneider associate, as this years Ride of Pride truck driver.

Key Points: 
  • Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, announced Tom Lehr, a highly decorated U.S. Marine veteran and Schneider associate, as this years Ride of Pride truck driver.
  • Driving over the road has given me the opportunity to finally see the country that I had been protecting, said Lehr.
  • Freightliner has presented Schneider with 12 U.S. Ride of Pride trucks , as well as three Canadian Ride of Pride trucks.
  • Following the tradition of naming the trucks by previous Schneider Ride of Pride drivers, Lehr has named this years unit Fidelity.

ATA Truck Tonnage Index Jumped 6.7% in September

Tuesday, October 20, 2020 - 6:37pm

ARLINGTON, Va., Oct. 20, 2020 /PRNewswire/ --American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.7% in September after declining 5.3% in August.

Key Points: 
  • ARLINGTON, Va., Oct. 20, 2020 /PRNewswire/ --American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.7% in September after declining 5.3% in August.
  • During the third quarter, truck tonnage increased 2.4% over the second quarter, but fell 5.3% from a year earlier."
  • ATA's For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.
  • ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s.

ATA Truck Tonnage Index Jumped 6.7% in September

Tuesday, October 20, 2020 - 5:01pm

ARLINGTON, Va., Oct. 20, 2020 /PRNewswire/ -- American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.7% in September after declining 5.3% in August.

Key Points: 
  • ARLINGTON, Va., Oct. 20, 2020 /PRNewswire/ -- American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.7% in September after declining 5.3% in August.
  • During the third quarter, truck tonnage increased 2.4% over the second quarter, but fell 5.3% from a year earlier."
  • ATA's For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.
  • ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s.

SkyBitz Offers Total Cold Chain Visibility through Partnership with Coretex

Tuesday, October 20, 2020 - 3:00pm

The partnership combines Coretex sensor-based reefer solution and cloud-based software platform with SkyBitz trailer tracking technology to create a complete solution for businesses needing both powered and non-powered asset tracking.

Key Points: 
  • The partnership combines Coretex sensor-based reefer solution and cloud-based software platform with SkyBitz trailer tracking technology to create a complete solution for businesses needing both powered and non-powered asset tracking.
  • The SkyBitz and Coretex partnership allow customers to access and manage both reefer device data and trailer tracking data via one seamless solution, enabling greater insight, a more transparent view of their entire cold chain operation, and better decision making.
  • As leaders in the supply chain and logistics arena, we are excited to capitalize on this partnership to continue to grow our cold chain customer base and align ourselves with the foodservice industry through this technology partnership.
  • To learn more about SkyBitz solutions and how it can improve your entire cold chain operation, please visit https://www.skybitz.com/lp-coretex/ .

Cummins Launches New Digital Master Controls for Total System Control

Sunday, October 18, 2020 - 11:00pm

Cummins (NYSE:CMI) announced the addition of two new Digital Master Controls (DMC), DMC2000 and 6000 to their suite of PowerCommand power system paralleling products.

Key Points: 
  • Cummins (NYSE:CMI) announced the addition of two new Digital Master Controls (DMC), DMC2000 and 6000 to their suite of PowerCommand power system paralleling products.
  • The new Master Control products are enhanced to meet market needs while supporting a wide range of configurations suiting various design complexities.
  • The pre-engineered system level controls will enable faster delivery time to customers at an optimized price.
  • View the full release here: https://www.businesswire.com/news/home/20201018005007/en/
    Cummins launched two new Digital Master Controls (DMC), DMC2000 and 6000 to their suite of PowerCommand power system paralleling products.

FourKites' Largest-Ever Premier Carrier List Delivers Unprecedented Value to the World's Leading Shippers and 3PLs

Wednesday, October 14, 2020 - 12:30pm

FourKites premier carriers are the most highly valued and sought after by the 400-plus global Fortune 1000 shippers that make up the FourKites ecosystem.

Key Points: 
  • FourKites premier carriers are the most highly valued and sought after by the 400-plus global Fortune 1000 shippers that make up the FourKites ecosystem.
  • The Q3 2020 list includes nearly 350 carriers, brokers and 3PLs across North America, Europe, Latin America and Australasia.
  • To qualify for the Premier Carrier List, carriers must achieve a minimum of 75 percent tracking consistency on at least 300 loads across all FourKites customers.
  • While the full Premier Carrier List is available only to FourKites customers, the premier carriers who have agreed to be featured publicly can be found here .

Cummins Inc. Increases Quarterly Common Stock Dividend

Tuesday, October 13, 2020 - 10:00pm

The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 3 percent to 1.35 dollars per share from 1.311 dollars per share.

Key Points: 
  • The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 3 percent to 1.35 dollars per share from 1.311 dollars per share.
  • The dividend is payable on December 3, 2020, to shareholders of record on November 20, 2020.
  • Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions.
  • See how Cummins is powering a world thats always on by accessing news releases and more information at https://www.cummins.com/always-on .

Cummins Elects Kim Nelson to its Board of Directors

Tuesday, October 13, 2020 - 9:52pm

Cummins Inc. (NYSE: CMI) announced today that it has appointed Kimberly Kim A. Nelson, former Senior Vice President, External Relations of General Mills, Inc., to its Board of Directors effective October 13, 2020.

Key Points: 
  • Cummins Inc. (NYSE: CMI) announced today that it has appointed Kimberly Kim A. Nelson, former Senior Vice President, External Relations of General Mills, Inc., to its Board of Directors effective October 13, 2020.
  • View the full release here: https://www.businesswire.com/news/home/20201013006116/en/
    We are pleased to welcome Kim to the Cummins Board of Directors.
  • Nelson brings significant experience in key priority areas for Cummins, including environmental, social and corporate governance to her work as a board member.
  • See how Cummins is powering a world thats always on by accessing news releases and more information at https://www.cummins.com/always-on .

Driver iQ Announces Background Screening Integration with TruckRight to Streamline the Transportation Industry's Hiring Processes

Tuesday, October 13, 2020 - 1:30pm

The highly anticipated software integration will provide TruckRight clients with access to Driver iQ's comprehensive background screening solution tailored for the unique needs of the transportation industry.

Key Points: 
  • The highly anticipated software integration will provide TruckRight clients with access to Driver iQ's comprehensive background screening solution tailored for the unique needs of the transportation industry.
  • "We are excited to be able to offer this streamlined hiring platform to our clients," said Todd Hensley, President of Driver iQ.
  • "With this integration, Driver iQ and TruckRight customers will be better able to access accurate and up-to-date driver information.
  • Driver iQ is a Professional Background Screening Association (PBSA) accredited background screening company adhering to Federal Motor Carrier Safety Association (FMCSA) and Fair Credit Reporting Act (FCRA) regulations.

United States Refrigerated Trucking Services Procurement Report 2020 Featuring Prime, C.R. England, FedEx, XPO Logistics, Knight-Swift Transportation - ResearchAndMarkets.com

Friday, October 9, 2020 - 10:23am

The "Refrigerated Trucking Services in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Refrigerated Trucking Services in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.
  • This report is intended to assist buyers of refrigerated trucking services.
  • Suppliers provide temperature-controlled trucking services, including truckload (TL) and less-than-truckload (LTL) chilled and frozen transportation.
  • Suppliers in this market, which includes short-haul and long-haul trucking companies, are also called carriers, and buyers are also called shippers.