Thermo King, a global manufacturer of transport temperature-control solutions and a brand of Ingersoll Rand, announced that it will offer an option for its truck and trailer products that will help lower the greenhouse gas footprint for North America customers.
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...Read the rest of this storyJohn Bean announced its V-Series of wheel alignment systems are designed to “help shops reduce alignment times while, at the same time, increase accuracy.”
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...Read the rest of this storyAME International, a provider of wheel service equipment and tools based out of Florida, launched a new product, the Torque Fin, a torque wrench-stabilizing accessory for commercial fleet tire service.
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...Read the rest of this storyV3 Transportation announced the company will be making a donation to the St. Christopher Truckers Relief Fund in honor of Robert Burton, an owner-operator in the V3 fleet.
Burton was recently named the Expediter of the Year during the Expedite Expo. Burton donated the $500 that accompanied the inaugural award to the St. Christopher Truckers Relief Fund, which is a charity dedicated to helping truck drivers whose medical problems have led to financial hardship.
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...Read the rest of this storyScreenshot via TeamRunSmart.com
">Screenshot via TeamRunSmart.com
">Freightliner Trucks has launched a new version of its Team Run Smart website, an online community with over 48,000 members that truck drivers can use to find information on a variety of topics.
The enhanced website has been updated with an improved user experience, easier access to information, and additional content to assist owner-operators and fleet customers in the business of trucking.
With the Team Run Smart website, visitors can find advice from fellow truckers and dedicated Team Run Smart Pros who share their experiences and offer expertise.
Team Run Smart offers new weekly content on the following topics:
Truck Smart: Information on increasing revenue and uptime through truck operation and maintenanceBusiness Smart: Learning the business side of trucking inside and outLive Smart: Living healthfully while out on the roadFreightliner solicited feedback from the website's current member base and surveyed outside perspectives to update the site for a more user-friendly experience.
“We are committed to continually improving our platform and what better way to do so than by listening first-hand to the trucking community,” said Mike McHorse, on-highway product marketing manager, Freightliner Trucks.
For more information, go to www.teamrunsmart.com.
Related: 4 Ways Drivers Can Dial Up MPG
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...Read the rest of this storyYOUNTVILLE, CA. Daimler Trucks North America offered a glimpse into upcoming advancements of its Detroit Connect system, including over-the-air reports.
DTNA said July 27 that fleets with the new Freightliner Cascadia with a Detroit engine be able to access Detroit Diesel Engine Control (DDEC) on demand later this summer.
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...Read the rest of this storyPhoto: ODFL
">Photo: ODFL
">One of the country's leading LTL carriers, Old Dominion Freight Line (NASDAQ: ODFL) scored high in the second quarter, reporting a 21.4% increase in earnings per diluted share to $1.19 on revenue of $839.9 million. Net income climbed 20.9%, reaching $94.4 million.
The results, reported on July 27, are “likely to encourage investors to send Old Dominion roaring past its 52-week share price high of $100.71 in early trading today,” pointed out analysis posted by the Winston-Salem Journal.
The newspaper's writer contended that ODFL's record performance “centers on gaining market share through adding and expanding [distribution] centers” since the less-than-truckload carrier “ships products more quickly and attracts more customers because it does not depend on a full trailer to make a profit.”
“Old Dominion produced strong financial results for the second quarter of 2017, which included a double-digit increase in revenue and an increase of more than 20% in earnings per diluted share," said David Congdon, vice chairman and CEO. "These were the best growth rates in revenue and earnings per share since our first quarter of 2015.”
Congdon said Q2's 11.2% increase in revenue was driven by a 6.1% rise in LTL tonnage per day and a 5.1% increase in LTL revenue per hundredweight. “Excluding fuel surcharges, our LTL revenue per hundredweight increased 3.8%. We believe that the growth in LTL tonnage was attributable to the continued improvement in the domestic economy and the consistent execution of our long-term strategic plan of delivering superior service at a fair price.”
In addition, ODFL's Q2 operating ratio improved 140 basis points to set a new company record of 80.9%. Congdon attributed this improvement generally to leverage created by the carrier's accelerated revenue growth, which he said benefited from increases in both freight density and yield. “As a result, most of our operating ...Read the rest of this story
