Category: Trucking News

U.S. Xpress Makes Top Leadership Moves

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Eric Fuller Photo: U.S. Xpress

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Eric Fuller Photo: U.S. Xpress

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U.S. Xpress named Eric Fuller to the role of CEO and Lisa Quinn Pate as the new president and chief administrative officer for the truckload carrier, effective immediately.

The company's board of directors has also announced that co-founder and 2006 HDT Fleet Innovator Max Fuller will take on the role of executive chairman for U.S. Xpress.

"Eric and Lisa's new management roles represent one of many building blocks in our ongoing preparation for years of future success based on data-driven strategies," said Max Fuller. "Our industry will continue to get more competitive, and the companies with the best leaders, people, processes, and equipment will come out on top. I'm confident that Eric and Lisa are the right people to take U.S. Xpress to the next level."

Eric Fuller has worked for U.S. Xpress for nearly 20 years in various management roles across the company, including regional operations manager and senior vice president of operations. For the past five years, he has served as president and chief operating officer, where he was responsible for operations including OTR, dedicated services, customer service, and planning.

Pate has worked for U.S. Xpress since 2002, using her legal and administrative background to work in leading critical functions across the company, including information technology, human resources, and safety. Prior to being named president, Pate served as general counsel and the chief administrative officer for U.S. Xpress.

Max Fuller will remain a full-time executive officer in his new role as executive chairman for U.S. Xpress. His primary focus will be on long-term strategy, industry innovation, talent development, and equipment.

"Lisa and I, and the company as a whole, have been fortunate to have Max's leadership and mentorship throughout the years, and we anticipate having him working directly with us every day for years to come,” said ...Read the rest of this story

Trailer orders stay healthy in February

February orders bolster stronger forecast for 2017 and 2018 trailer production levels.

Preliminary net trailer order estimates topped 26,400 units for February, according to data tracked by ACT Research, with order backlogs growing in several segments, particularly for dry van units.

“We've seen delayed timing this order season, as fleets appeared to wait to make their investment decisions ‘post-election.' That makes analysis of monthly changes as well as year-over-year results a bit challenging,” noted Frank Maly, ACT's director CV transportation analysis and research, in a statement.

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New CEO and president for U.S. Xpress

Co-founder and current CEO Max Fuller now executive chairman

Known for its innovative and successful approach as a truckload carrier, U.S. Express Enterprises Inc. has announced a new generation of leadership with Erick Fuller taking on the role of CEO and Lisa Quinn Pate now president and chief administrative officer. Current CEO Max Fuller, who founded the carrier in 1986 with partner Pat Quinn, will now serve as the company's executive chairman.

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Fleet Owner retires a legend; Exec Editor Kilcarr to be editor-in-chief

Honored Fleet Owner Editor-in-Chief Jim Mele takes on new role as editor emeritus, while Sean Kilcarr named successor to lead new era of engagement STAMFORD, CT. Fleet Owner, the trucking industry's leading information source for more than 90 years, will see its long-time Editor-in-Chief Jim Mele step into the role of editor emeritus on May 5, and current Executive Editor Sean Kilcarr will take on the editor-in-chief role.

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Spot Truckload Freight Rates Ease Slightly Following Jump

After a 17% jump the previous week, spot truckload freight volume increased a modest 1.3% during the week ending March 11 while rates gave back at least part of their gains from the week before, according to DAT Solutions' network of load boards.

The national average van rate fell 3 cents to $1.63 per mile while the refrigerated rate slipped 1 cent to $1.87 per mile. The flatbed rate also dipped 1 cent to $2.01 per mile, after a 6 cents gain the previous week. This follows the first week-over-week increase in all national averages in more than a month.

All reported rates include fuel surcharges. This happened as the national average cost of diesel fell 0.8% from last week to $2.56 per gallon.

Load-to-truck ratios held firm with vans down 2% to 2.8 loads per truck while reefers moved 1% higher to 5.8 to 1 and flatbeds increased 4% to 35.8 loads per truck.

While weather has upended planting and harvest schedules in California and elsewhere, one reefer market that has particularly stayed hot is Texas, home to three of the top five markets for reefer load posts last week, according to DAT.

McAllen was second behind Atlanta and had some sizzling rate increases, including outbound to Atlanta, up 24 cents for an average of $2.12 per mile; Elizabeth, New Jersey, up 18 cents to $2.09 per mile; and Chicago, gaining 16 cents to $1.97 per mile. Houston was the nation's number three reefer market, followed by Elizabeth and Dallas rounding out the top five.

Outbound van load volume on the spot market declined 2.5% and truck posts held steady. While average outbound van rates were mixed in key markets across the country, some lanes showed pricing strength:

Dallas-Houston was up 5 cents to $2.11 per mileDallas-Chicago paid 4 cents better on average at ...Read the rest of this story