Category: Trucking News

Decisiv Announces New Visualization Platform

NASHVILLE -- Decisiv Inc. says its new service management visualization platform, Insite 2.0, uses the latest cloud technologies to make reporting faster and easier to use.

"Decisiv's fleet, OEM, lessor and managed maintenance service provider customers can search, analyze and build network-wide dashboards and reports analyzing dwell time, performance, compliance and other actionable information,” said Dick Hyatt, president and CEO of Decisiv, Sunday at the 2017 TMC Annual Meeting & Transportation Technology Exhibition. “Imagine having a completely interactive ability to filter based on specific locations, types of repair, and other attributes, quickly identifying outliers across thousands of transactions, and then drilling into the actual service events and even to the asset level details.”

Reports can be notification based (e.g. every Tuesday at 8 a.m.), accessed at any time through any web browser, and the data can also be made available for export into any other thidrd party reporting tool. Dashboards allow extensive filtering and interactive drill-downs that enable users to go from the high level information down the specific service event or asset in question.

Insite 2.0 uniquely provides reporting and analytics on service events not captured anywhere else, according to Decisiv, including:

• Detailed downtime metrics (Reason for Repair, Asset Type, Type of Repair, etc. – what types of repairs are creating the most downtime and why – is it specific to a single Asset? A type of repair? Etc.)

• Shop/Provider/Service Event Performance (quantitative measure of specific attributes and activities rather than relying on second-hand information or chasing down disconnected emails)Service Enter “Compliance” (are you getting the information you need from your service events, no matter where they are performed, to make better business decisions)

• Event / Work Order VMRS (enables in-depth analysis of costs, downtime, breakdowns, maintenance events etc. across a broad range of parameters so you are not reliant on ...Read the rest of this story

TMW Streamlines Inventory Management with Parts Room App

TMW Systems has introduced the TMW Parts Room app, designed to help fleet maintenance and service center personnel perform a variety of parts inventory management processes quickly and easily using an Android or iOS device.

The Parts Room was introduced at the Technology & Maintenance Council's Annual Meeting and Transportation Technology Exhibition in Nashville, Tenn., and it is available for users of the company's TMT Fleet Maintenance and TMT Service Center solutions.

“Fleets and service center operations are challenged to reduce parts inventory and labor costs while improving service levels – and they can do both with the help of a modern shop management solution,” said Caroline Lyle, vice president, marketing, TMW. “TMW Parts Room streamlines the physical inventory process, which enables users to save time and improve accuracy and control in this cost-intensive area.”

With the Parts Room app, the parts manager or other employees can use their Android or iOS device to perform a complete physical inventory for the parts room, or narrow the list by bin, part number range or part type. Several filters are available to further streamline the process, including the ability to scan only uncounted parts or parts that show a quantity variance. Users also can scan the part number for lookup in conjunction with an inventory adjustment.

Functionality for administrative users of the Parts Room app includes reviewing open inventories, closing completed inventories and performing a quick adjustment for a single part.

TMT Fleet Maintenance is a comprehensive maintenance management solution designed to streamline in-house maintenance and repair operations, and track and monitor outsourced maintenance activities for audit and vehicle lifecycle reporting. TMW's TMT Service Center solution is designed for medium- and heavy-duty repair businesses.

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ATA’s Spear on Trump: Opportunity for trucking’s future

President 'owes nobody anything,' Spear notes, and trucking has compelling story The nation has got a president perhaps unlike any other in history, and there's a big opportunity for the trucking industry if it seizes it, argued American Trucking Assn. (ATA) President and CEO Chris Spear at the open of Omnitracs' Outlook annual user conference Monday.

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Daseke Goes Public via Merger with Hennessy Capital Acquisition

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Don Daseke

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Flatbed fleet operator Daseke Inc. became a public company on Feb. 27 by completing its previously announced merger with Hennessy Capital Acquisition Corp. II (NASDAQ: HCAC, HCACU, HCACW). The deal included HCAC changing its name to Daseke, Inc. The company expects that, effective Feb. 28, its common stock and warrants will begin trading under the ticker symbols “DSKE” and “DSKEW,” respectively, on the Nasdaq Capital Market.

Daseke calls itself “a leading consolidator of the highly fragmented $133-billion open deck freight market in North America.” Since it launched in 2009, the company has grown revenue both organically and through acquisitions from $30 million to more than $650 million (estimated) in 2016. That represents a compound annual growth rate of approximately 55%.

Daseke said it believes it is the largest owner of open deck equipment and the second largest provider of open deck transportation and logistics solutions by revenue in North America. Across its nine trucking companies, it fields approximately 3,000 tractors and 6,000 trailers. The company serves customers in the U.S., Canada and Mexico through more than 40 terminals across the U.S.

“Our vision from the start was to become a public company so we could have access to the capital markets in order to continue our focused consolidation strategy,” said Daseke Inc. Chairman and CEO Don Daseke. “We believe we have an acquisition pipeline that could enable us to double Daseke's adjusted earnings before interest, tax, depreciation and amortization over the next three years, and we believe this business combination positions us to meet our 2017 consolidation objectives.”

He pointed out that Daseke holds “less than a 1% share of this highly fragmented open deck freight market, and we believe we have a tremendous opportunity for future growth and continued market penetration.”

Daseke also advised that the merger supports the company's approach ...Read the rest of this story

Diesel Prices Creep Upward for Third Straight Week

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Source: EIA

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Source: EIA

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Diesel prices in the U.S. crept upward last week, continuing a three-week streak of modest increases, according to the latest numbers from the Energy Department.

The average price of on-highway diesel fuel increased by half a cent last week, hitting $2.577 per gallon at the pump. The price is now nearly 59 cents more expensive than it was in the same week of 2016.

Across the country, prices were up or flat, depending on the region. The largest increase hit the Rocky Mountain states at 3.4 cents per gallon. The smallest change was seen in both New England and the Gulf Coast, where prices were flat for the week.

The average price of regular gasoline in the U.S. was up 1.2 cents last week, rising to $2.314 per gallon at the pump. The price is currently around 53 cents per gallon more expensive than it was a year ago at this time.

Gasoline prices varied up and down regionally with the largest increase hitting the West Coast at 4.6 cents per gallon. Prices were down by 2.4 cents per gallon last week in the Central Atlantic region.

The crude oil market saw more of the same as of the morning of Feb. 28, as offsetting forces from Middle East and U.S. oil production have kept prices from increasing or decreasing significantly for months now.

The Organization of the Petroleum Exporting Countries has so far complied with its agreement to reduce or freeze oil production to meet lower global demand and improve prices. However, by bringing prices up from the lows seen in 2016, U.S. oil production has rallied, dampening crude oil pricing gains expected from the OPEC deal. According to a report on CNBC.com, oil drillers in the U.S. were operating 602 rigs last week, the most since October. ...Read the rest of this story