35th Shell Rotella SuperRigs Starts May 18

Photo: Shell Rotella

The 35th Annual Shell Rotella SuperRigs truck beauty competition is set to take place from May 18-20 at the Exchange Center at Expo Square in Tulsa, Okla.

The Shell Rotella SuperRigs competition is a contest for actively working trucks. Owner-operator truckers from across the U.S. and Canada will compete for cash and prizes in excess of $25,000. Twelve of the drivers will be selected to have their trucks featured in the 2018 Shell Rotella SuperRigs calendar.

This year's theme is “Titans of Tulsa” and the event will feature activities for truckers and their families as well as for the general public.

The annual event is free to attend and open to the public.

“The opportunity to celebrate the 35th Shell Rotella SuperRigs is a great testimony to the hardworking truck drivers from the U.S. and Canada that deliver goods every day and take great pride in their work and their trucks,” said Megan Pino, global brand manager, Shell Rotella. “The dedication of so many drivers over the years has made this a great event and we look forward to sharing the Titans of Tulsa with drivers and people in the Tulsa area.”

In addition to the truck beauty contest, there will be entertainment including vendors, games, prizes, the Rotella Road Show, and the Rotella T6 BBQ Pitt. The annual lights contest will take place on Thursday night along with a live concert by trucker and country music artist Tony Justice.

The Shell Rotella SuperRigs truck parade, which allows drivers to show the local community their great-looking rigs, will take place downtown on Friday night beginning at 6:00 p.m. at the Brady Arts District around Guthrie Green. Drivers will stage their rigs, turn on their lights, pump up the music and start the street party. There will be live entertainment as well. On Saturday, all ...Read the rest of this story

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Earnings Watch: Schneider Profit Falls 19.8%, Covenant Reports Revised Loss

The truckload, intermodal and logistics services provider Schneider National Inc. reported its first earnings since going public last month, showing a decline in profitability, while another company has revised its earnings, pushing it into the red.

Net income for Wisconsin-based Schneider totaled $22.6 million in the first three months of 2017, a decrease of 19.8% compared to first quarter 2016 while revenue increased 8.4% to $1 billion.

Earnings per share were 14 cents in the most recent quarter compared to 18 cents a year earlier. Adjusted earnings were 15 cents, 2 cents better than a consensus estimate from analysts, while revenue was also better than expectations.

CEO Chris Lofgren said the company was “pleased” with its first quarter performance.

Schneider's truckload segment reported revenue excluding fuel surcharge of $522.1 million, an increase of 6.4% compared to first quarter 2016. Income from operations was $38.5 million; a decrease of 8.7%.

The increase in revenue was attributed to the company's purchase of Watkins & Shepard, and Lodeso in June 2016, but was partially offset by decreased freight volume in the company's dedicated and for-hire standard businesses.

The decline in truckload income from operations was due to “unfavorable market conditions and increased driver and equipment costs, [with] operational efficiencies resulting from effective fleet sizing partially offset the earnings decrease,” Schneider said in a statement.

Intermodal revenue excluding fuel surcharge was $181.1 million; a decrease of 2% compared to first quarter 2016, while income from operations fell 6.4% to $6.6 million; a decrease of 6.4%. This happened as intermodal volume moved up 6.2% but was offset by a 7.7% decrease in revenue per order “driven by both a soft pricing environment and increased volume in the east and local west which have shorter lengths of haul.”

Schneider's logistics revenue, excluding fuel surcharge totaled $183.9 million; an increase of ...Read the rest of this story

Ozark deploys Omnitracs Critical Events Video, Reporting

Ozark Motor Lines, a truckload carrier serving the continental United States, has selected Omnitracs Critical Events Video (CEV) with Critical Events Reporting for deployment across its 775-vehicle fleet, providing triggered event video recording for enhanced risk management and driver performance coaching.

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