Wednesday, January 17, 2018
Business
Michigan-based Central Transport equipping 90% of tractors with Bendix ADB22X

Michigan-based Central Transport equipping 90% of tractors with Bendix ADB22X

ELYRIA, Ohio — Central Transport is making a major move toward fleet-wide air disc brakes on its 2,500 tractors. The Warren, Michigan-based, less-than-truckload carrier expects to have the industry-leading brake on 90 percent of its tractors by the first quarter of 2017.

Duckworth promoted to CFO position at ATA

Duckworth promoted to CFO position at ATA

Rusty Duckworth has been promoted to chief financial officer for the American Trucking Associations, CEO and President Chris Spear said today. Duckworth has worked for ATA since 1999 in the accounting and finance department, and most recently served as senior vice president and controller, Spear said.

FTR Trucking Conditions Index up to 5.99; higher rates may follow rise in spot rates, Starks says

FTR Trucking Conditions Index up to 5.99; higher rates may follow rise in spot rates, Starks says

Transportation analyst firm FTR’s Trucking Conditions Index (TCI) for July increased to 5.99, the company reported today. The July reading reflects “improved market prospects due to moderate economic growth and a regulatory agenda that will tighten capacity utilization,” FTR added.

U.S. wholesale inventories were unchanged in July; sales drop

U.S. wholesale inventories were unchanged in July; sales drop

WASHINGTON — U.S. wholesale businesses left their inventories unchanged as their sales fell in July, which is both good and bad news for trucking.

Swift founder Moyes to retire at year end

Swift founder Moyes to retire at year end

Jerry Moyes, founder and CEO of Swift Transportation Company of Phoenix, one of the nation’s largest truckload carriers, will step down December 31, the company reported yesterday. Richard Stocking, who joined Swift in 1992 and has served as Swift’s president and chief operating officer since 2010, will take over as president and CEO when Moyes retires.

Henry Albert named new chairman of Trucking Solutions Group

Henry Albert named new chairman of Trucking Solutions Group

Trucking Solutions Group, truckers who work to better the industry, has announced the election of its new chairman, Henry Albert of Albert Transport Inc.

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