Tuesday, January 16, 2018
Business
Fleet Advantage survey:  fleets shortening asset lifecycles, leasing more new equipment

Fleet Advantage survey: fleets shortening asset lifecycles, leasing more new equipment

FORT LAUDERDALE, Florida — More fleets are acquiring new trucks by leasing and shortening their asset lifecycles before replacement, according to an annual survey released today by Fleet Advantage, a firm specializing in truck fleet business analytics, equipment financing and asset management.

Norm Ellis named president of EROAD technology provider

Norm Ellis named president of EROAD technology provider

PORTLAND, Ore. — EROAD, a global technology provider of fleet management, electronic tax reporting and ELD compliance solutions for the transportation industry, has named Norm Ellis to the position of president.

U.S. trade deficit climbs to $45.2 billion in November

U.S. trade deficit climbs to $45.2 billion in November

WASHINGTON — The U.S. trade deficit in November rose to the highest level in nine months as imports of oil and other foreign goods increased, while American exports fell for a second month.

December preliminary Class 8 orders as expected; over 20,000 for first time in 2016

December preliminary Class 8 orders as expected; over 20,000 for first time in 2016

FTR Intel and ACT Research released preliminary Class 8 net orders for December today, both showing orders over 20,000 for the first and only time in 2016.

Celadon offering $8,000 sign-on bonus for company team drivers

Celadon offering $8,000 sign-on bonus for company team drivers

INDIANAPOLIS – Celadon Group, one of North America’s largest transportation and logistics companies, has announced a new $8,000 sign-on bonus program for company team drivers as well as a new $8,000 sign on incentive for lease purchase operators.

October NAFTA trade down 3.6 percent from one year ago

October NAFTA trade down 3.6 percent from one year ago

WASHINGTON — Three transportation modes – air, vessel and truck – carried less U.S. freight by value with North American Free Trade Agreement partners Canada and Mexico in October 2016 compared to October 2015 as total freight on all modes decreased 3.6 percent to $93.2 billion in current dollars, according to the annual TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics.

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