Business Archives

FST Logistics acquires Dancer

Bruce Guthrie - August 16, 2024

DELPHIOS, Ohio – Dancer Logistics announced it has been acquired by FST Logistics, which boasts itself as a 100% employee-owned, company headquartered in Dublin, Ohio. “This strategic partnership marks a significant milestone in Dancer Logistics’ growth journey and opens new horizons for the company,” the release stated. “Dancer Logistics, known for its state-of-the-art technology, is proud to align itself with FST Logistics, a company with a strong reputation for delivering top-notch logistics and supply chain solutions. This acquisition is a testament to Dancer Logistics’ commitment to enhancing its services and providing greater customer value.” FST Logistics says the move unlocks significant growth potential for Dancer Logistics, allowing it to expand and thrive within the larger framework of the logistics industry. “This acquisition also provides Dancer Logistics with valuable access to the extensive customer base and warehouse space that is a hallmark of FST Logistics, enabling them to enhance operational efficiency and competitiveness in the industry,” the release stated. “This is great win for our client and for the fine team at FST,” said Spencer Tenney, CEO of M&A Advisory for the Tenney Group. “Expect more thoughtful acquisitions with these characteristics in Q3 and Q4 across our industry.” “Joining FST Logistics opens new doors for Dancer Logistics and the city of Delphos,” said Shawn Dancer, Owner and President of Dancer Logistics, Inc. “Becoming a part of FST not only allows the business to grow but our employees as well. FST’ vision and values align closely with Dancer, and its 100% employee-ownership allows for greater benefits for our employees. We are excited for the future that lies ahead.”

Fleet Intel reports continued decline in pay for new drivers

Dana Guthrie - August 16, 2024

BRENTWOOD, Tenn. — Fleet Intel, a division of Conversion Interactive Agency, has reported that the company’s Q2 pay trend tracker shows a continued decline in overall driver starting pay, with a drop of $131 per week in median starting pay over the past year. According to Steve Sichterman, Vice President of Fleet Intel, this trend aligns with media reports indicating that capacity remains high while rates stay low. “While Q1 saw slight increases, indicating strengthening demand and an optimistic trend, Q2 data shows driver pay and company driver equipment types continuing a downward trajectory,” Sichterman said. “It’s important to understand that this trend is driven by broader market conditions, such as oversupply and reduced freight rates, which are impacting the earning potential for drivers across the industry.” According to a press release, during Q2, the national average weekly pay for CNG technicians remained consistent at $1,382, while the national average weekly pay for diesel technicians increased slightly to $1,400. It is important to note that average pay by market varies greatly each quarter. Factors such as demand for skilled technicians, economic conditions, and industry trends contribute to this fluctuation. “Comparing driver pay information with that of other carriers in targeted freight markets is crucial for gaining a competitive edge in hiring drivers,” Sichterman said. “We are committed to delivering real-time data to assist recruiting, sales, and operations teams to better understand the dynamics of driver pay within their operational markets.” CLICK HERE to access Fleet Intel’s Q2 2024 Driver Pay Trend Tracker.

Spot rates mostly weaken as expected

Bruce Guthrie - August 15, 2024

According to the lastest data from Truckstop and FTR Transportation Intelligence for the week ended August 9, it appears that the spot market is moving normally at rate levels that closely match those during the same week last year. Overall broker-posted spot rates declined as expected during the week, although rates for refrigerated equipment were up slightly. Spot rates for both dry van and flatbed equipment declined week over week as they almost always do during this week of the year. Dry van spot rates slipped below prior-year levels for only the second time in nine weeks. Refrigerated rates remained negative y/y for a second straight week but moved a bit closer to the prior-year level. Flatbed spot rates were down for an eighth straight week – a streak that had not occurred since July and August of 2019. Spot rates in the current week (week ended August 16) also tend to be weak sequentially as rates for dry van and flatbed equipment usually fall while refrigerated rates usually rise. With load postings falling by more than truck postings, the Market Demand Index fell to 57.2, which is the lowest level in five weeks.

ATA’s Trucking Cares Foundation donates $25,000 to help fight human trafficking

Erica N. Guy - August 15, 2024

WASHINGTON — The American Trucking Association’s (ATA) Trucking Cares Foundation donated $25,000 to Truckers Against Trafficking (TAT). The nonprofit organization, formerly known as Truckers Against Trafficking, is dedicated to ending human trafficking. “The depravity of human trafficking is unfathomable. By partnering with law enforcement, motor carriers and truck drivers can vastly expand the reach of rescue efforts, bringing eyes and ears to every corner of the country,” said ATA Senior Vice President of Federation Relations John Lynch. “The training that TAT provides harnesses truck drivers’ innate sense of compassion and routine vigilance to help them spot victims along their routes over the nation’s highways. This partnership has saved countless victims from exploitation. The Trucking Cares Foundation is proud to support TAT’s lifesaving mission through this donation.” “We are incredibly grateful for partners like the Trucking Cares Foundation, who championed this work early on and has faithfully grown in engagement and action over the years,” said TAT Executive Director Esther Goetsch. “Thanks to their faithful support, TAT can continue developing new training resources, assist companies in implementing more effective anti-trafficking initiatives, and, most importantly, reach more critical front-line workers with this life-saving information.” Human trafficking is prevalent in all 50 states, and the number of victims in the United States is estimated to be in the hundreds of thousands.

McLeod Software announces software update

Bruce Guthrie - August 15, 2024

McLeod Software announced the release of new software called LoadMaster and PowerBroker//web Version 24.2. The update within McLeod’s TMS introduces a range of new features and enhancements aimed at optimizing operations, enhancing user experience and driving efficiency and profitability for users. The release boasts of the “standout feature” in this update which is the enhanced SMS Text Messaging Module, allowing users to schedule texts to carrier drivers at specific times or throughout the order’s lifecycle. “This functionality enables brokers to easily request a driver’s location, receiving their coordinates automatically. Additionally, the ‘Brokerage Planning’ screen has been improved for heightened visibility, allowing brokers to monitor and assign tasks more effectively,” the release stated. “In today’s fast-paced logistics marketplace, having a robust TMS is crucial for success,” said Tom McLeod, CEO & Founder, McLeod Software. “Our TMS is designed to not only streamline operations but also to extend our users’ capabilities, empowering them to maximize their resources and drive growth. We believe that by providing innovative tools and features, we enable our customers to adapt and thrive in an ever-evolving market.” The ‘Lane History’ page has also received significant upgrades. According to McLeod, this function now offers real-time analytics that empower brokers to make informed decisions quickly, supported by new filter options for refined results. Furthermore, the update now supports multi-currency operations, simplifying transactions in various currencies and expediting operations involving Canadian and Mexican logistics. “The quoting process has been streamlined with the introduction of a one-click quote generation feature using the distance and rate calculator, effectively eliminating duplicate entries,” the release stated. “The ‘Tender Express’ page now provides a more efficient workflow with improved task filters and notifications, while the tools for monitoring shipment status have been redesigned for a more intuitive user experience. ‘DocumentPower’ now has enhanced image handling capabilities, allowing users to view and upload images more efficiently, offering better visibility for customer and carrier master file images,” the press release stated. “We are committed to empowering freight brokers with the tools they need to meet customer demand effectively,” added McLeod. “The enhancements to PowerBroker//web not only increase visibility but also streamline task assignments, enabling our users to respond to evolving needs with greater agility and precision.” ‘Driver Sidekick,’ McLeod’s mobile application for drivers, offers new features such as ‘Swipe to Dispatch’ for easy task management and ‘Trimble Maps’ for precise commercial routing. The ‘Driver Scorecard’ module now integrates seamlessly with LoadMaster, giving drivers valuable insights into their performance. LoadMaster LTL has also seen notable enhancements, including the introduction of electronic proof of delivery (ePOD), which allows users to capture digital signatures and photos upon delivery, removing the need for paper receipts and manual processes. The enhancement to joint capabilities for LoadMaster and PowerBroker include improved rate index control, allowing users to retrieve rates for specific lane and equipment type combinations just once a day, thus reducing redundant requests. Multicurrency support has also seen enhancements, now enabling carrier, customer, and factoring web portals to enhance visibility and growth opportunities for businesses. Accounts payable has been simplified through Interactive AP processing, enabling users to manage multiple currencies seamlessly and generate detailed reports reflecting cash requirements and aged accounts payable. Updates to MPact.IQ and MPact.RatePro have introduced enhanced features, such as a new ‘Telemarketing Overview’ dashboard that highlights call records with a recent data dimension, and the ‘Rate Predictor’ feature, which displays high, low, and predicted rates for both buying and selling sides, complete with filters for commodity, origin, destination, and more. “Fostering strong relationships between brokers and carriers is paramount in the logistics industry,” concluded McLeod. “Our latest updates to LoadMaster and PowerBroker are specifically designed to enhance communication and collaboration, ensuring that both parties can operate seamlessly By implementing features that improve visibility and streamline processes, we provide our users with the tools they need to strengthen these vital relationships and respond to challenges with greater efficiency.”

Truck stop chain Pilot ‘Volunteers’ to partner with Tennessee athletics

Bruce Guthrie - August 15, 2024

KNOXVILLE, Tenn. – Neyland Stadium has been home of the University of Tennessee Vols’ football for more than 100 years. According to a press release issued on Thursday “that legacy will live on thanks to a transformative partnership with Tennessee Athletics and Knoxville-based Pilot, the largest network of travel centers in North America.” Truck stop chain, Pilot, and Tennessee Athletics are entering into a multi-year partnership where part of the agreement is to keep the name of the stadium as has been for all these years while being able to enhance the stadium experience for future generations. Under the terms of the agreement, which is slated for up to 20 years and could extend further, the names of Neyland Stadium and Shields-Watkins Field will remain unchanged. Pilot is designated as the presenting partner of the Neyland Stadium renovation project and the official travel stop of Tennessee Athletics. “As we navigate the changing landscape of college athletics, we are dedicated to building the best athletics department in the country,” said Vice Chancellor and Director of Athletics Danny White. “Because we were committed to preserving the name of Neyland Stadium, finding a partner who shared this vision was essential. With deep roots here in Knoxville, Pilot recognizes the significance of Neyland and the importance of tradition to our fans and the university. Our focus continues to preserve and honor our storied past while modernizing to ensure we lead the way in college sports.” Pilot CEO Adam Wright said the goal was to preserve tradition while making an impact on Tennessee’s future. “Neyland Stadium is one of the most iconic sporting venues in the world and UT is a significant part of making Knoxville a special place that Pilot is proud to call home,” Wright said. “Through this partnership, we will preserve the legacy of Neyland while also investing in its future to create exceptional experiences for generations to come. We look forward to seeing you out here as we cheer on the Vols in Neyland.” New signage on the east side of Neyland Stadium will feature a return of the iconic “Home of the Vols” along with Pilot’s logo, according to the release. Pilot’s branding will also be on each side of Shields-Watkins field and in sponsored content with Tennessee Athletics and the Vol Network. “Vol fans know better than anyone the magic of Neyland on game day and the feeling of singing Rocky Top in the same stadium where the greatest Vol legends made their name,” said UT Knoxville Chancellor Donde Plowman. “Our partnership with Pilot is all about preserving and enriching that experience to make sure fans and their families will continue to make these same kinds of memories for decades to come.” Pilot stated that its sponsorship underscores its dedication to the Knoxville community by ensuring Neyland Stadium remains a flagship destination for future generations. Headquartered in Knoxville, Tennessee, Pilot is committed to showing people they matter at every turn and building strong relationships within the communities it operates. Pilot employs over 2,500 people in the greater Knoxville area and has a long-standing relationship with the University of Tennessee. “For more than 65 years, we have fueled fans across North America as they hit the open road for big games,” said Pilot’s chief marketing officer Adrienne Ingoldt. “There’s nothing like Neyland Stadium packed with passionate fans who’ve traveled from near and far to root for the beloved Vols. Pilot is out here to fuel them up, fill them up and lift them up on the way to victory.” One of the many unique aspects of this partnership is the investment in the Neyland Stadium renovation project, which will continue to modernize and enhance the fan experience, according to this week’s media release. Future updates will include necessary upgrades to the south side and perimeter of the stadium, such as widening concourses, constructing expanded gates and entryways, and adding additional restrooms and concessions areas. This element of the partnership is promised to dramatically improve fan comfort and safety, reduce wait times, and allow for more food and beverage offerings. There will also be a Pilot-sponsored Fast Favorites refreshment and snack stand located inside the main stadium entrance at Gate 21. The release also states that fans can expect to see the new “Home of the Vols” signage with Pilot branding and many of the completed renovations in Neyland Stadium with the start of the football season, which kicks off on August 31.

Haney and White Enterprise acquires pair of BR Williams properties

Erica N. Guy - August 14, 2024

Expansion is coming to Kentucky-based Haney and White Enterprise. The company announced it has achieved a milestone thanks to a finalized acquisition with B.R. Williams Trucking and B.R. Williams LTL Logistics. According to the Aug. 14 press release, this acquisition has established a transportation firm headquartered in Oxford, Alabama, strategically integrating four prominent transportation entities under the Haney and White Enterprise ownership, including Haney and White Logistics, an asset-light logistics company with robust sales and management structure; Running Ox Logistics, which specializes in freight brokerage using cutting-edge technology solutions; and B.R. Williams Trucking and B.R. Williams LTL Logistics, which brings substantial assets, capacity, a robust customer network, and synergistic advantages in trucking, warehousing and logistics. The four entities will combine to form an integrated services company, BRW. Haney and White estimate that three things are going to happen. BRW will employ over 300 people across its locations in Kentucky, Georgia, Alabama, and Florida. Its immediate annual revenues are approaching $100 million, and it expects to reach $250 million by 2030 through combined synergies and a growth strategy already in motion. With this acquisition, the company operates approximately 175 tractors, over 700 trailers, and five warehouses spanning over one million square feet. “The combination of these four companies provides a dynamic, disruptive, and driven enterprise built on integrity that is ideal for taking advantage of market growth opportunities and long-term sustainability. We’re confident and excited to embark on this combined venture,” said Nate Haney, co-founder of Haney and White Enterprise. “Inspired by B.R. William’s legacy of excellence and unwavering commitment to customer satisfaction, we are eager to build upon this strong foundation and propel the company to new heights of success.” The synergies in customer offerings across the integrated BRW companies provide an expanded suite of services and capacity for both existing and new customers. These synergies will drive revenues across several verticals, including managed freight, brokerage, asset trucking and warehousing, Haney and White stated. This strategy facilitates direct growth in the Southeast corridor from Indiana to Florida, focusing on automotive manufacturers and suppliers, e-commerce and government contract opportunities for BRW. With the essential resources for expansion and enduring viability, the acquisition further enables BRW to replicate established customer bases across the upper Midwest and Southern regions of the United States. B.R. Williams Trucking, a family-owned and operated business since 1958, is a veteran in the transportation industry, the announcement states. CEO and President Greg Brown assumed the position following his mother-in-law and co-founder Ruth Williams’ retirement in 1992. Under new ownership, the company says it remains committed to delivering dependable and efficient trucking, warehousing and logistics solutions to its customer base. “I am eternally grateful for the B.R. Williams family. I care about each employee who has been so devoted and loyal to the B.R. Williams brand,” Brown said. “I would like to express our heartfelt gratitude to our customers and partners for their continued support and trust for the past 66 years. With Haney and White at the helm, B.R. Williams is poised to reach even greater heights, further solidifying its reputation as a trucking, warehousing, and logistics industry leader, and look forward to a future of continued success and growth.” “We deeply appreciate all of our existing employees and customers, and we are highly optimistic about this acquisition and the future of our new company,” said Mike White, co-founder of Haney and White Enterprise. “Our objective is to maintain the exceptional service standards that have been established while pursuing new avenues for growth and innovation. B.R. Williams boasts an outstanding team, and we are enthusiastic about collaborating to accomplish our remarkable milestones together.”

NMFTA promotes Marli Hall to PR director

Erica N. Guy - August 14, 2024

ALEXANDRIA, Va. — The National Motor Freight Traffic Association (NMFTA) seems to be experiencing growth among its employees. NMFTA recently announced the promotion of Marli Hall to the role of director of public relations. With over a decade of experience in the supply chain industry and communications, Hall’s expertise “is now pivotal in enhancing the profiles of NMFTA executive thought leaders and positioning the organization at the forefront of industry discussions on cybersecurity and the creation of digital standards,” the release states. “Marli’s understanding of the supply chain and her dedication to NMFTA are invaluable,” said Caroline Lyle, chief marketing officer for NMFTA. “She has managed external communications to amplify NMFTA’s voice in the market. In her new role, she will develop and implement comprehensive communication strategies that effectively convey our mission across all media platforms.” According to an Aug. 14 press release, Hall’s outstanding track record in managing stakeholder relationships and her acumen in public relations have been instrumental in launching impactful campaigns addressing key industry issues such as less-than-truckload (LTL) freight classification updates, digitalization standards, and trucking cybersecurity trends. “With Marli’s extensive experience in the industry, she has demonstrated an exceptional ability to build and maintain strong relationships with peers and media representatives,” said Debbie Sparks, executive director for NMFTA. “Marli’s continued contributions will help drive our industry toward greater efficiency and safety each day.” NMFTA stated that Hall’s commitment to the supply chain industry extends beyond her professional role. Hall’s expertise in the field, based on her experience, has significantly contributed to initiatives like the Federal Motor Carrier Safety Administration’s (FMCSA) Our Roads, Our Safety program, Wreaths Across America, the U.S. Capitol Christmas Tree, and the Vietnam Veterans Memorial Fund’s The Wall That Heals. “My objective has always been to make a positive impact on the industry that I serve,” said Hall. “I am looking forward to communicating with stakeholders on some of the most critical issues we face today.”

JB Hunt earns cargo security award

Bruce Guthrie - August 14, 2024

LOWELL, Ark. — Cargo security has been an ongoing problem, and was at record levels last year. According to a release issued on Wednesday, Aug. 14, J.B. Hunt’s aggressive approach to curbing the threat of cargo theft has won them recoginition. J.B. Hunt Transport Services Inc., noted as one of the largest supply chain solutions providers in North America, has been awarded Verisk CargoNet’s Best in Cargo Security recognition for its preventive measures, program engagement, and response preparedness to address cargo theft in real time throughout 2023. “We are continually working to ensure our customers’ freight is as secure as possible,” said Spencer Frazier, executive vice president of sales and marketing at J.B. Hunt. “This award from Verisk CargoNet reflects the efforts of our safety, security and technology teams — some of the most talented and innovative people in the industry — to drive solutions that help customers mitigate risk, keep their cargo secure, and manage through the current freight environment.” J.B. Hunt officials noted that the company has worked with Verisk’s CargoNet team intelligence, and analytics for more than a decade. “CargoNet’s industry-leading database helps ensure that theft is reported accurately and in a timely manner, alerting law enforcement and other CargoNet members in the event of an incident,” J.B. Hunt’s release stated. “Focused on augmenting clients’ security program, CargoNet is part of Verisk, a leading global data analytics and technology provider.” The award is in recognition of J.B. Hunt’s security organization that recorded a 99.99% theft-free rate for full loads in 2023. The company has technology and analytics in place that can detect many types of carrier fraud and, in some cases, prevent cargo theft before the load is ever picked up, according to its release. Additionally, J.B. Hunt states that it has expanded its security efforts to include a 24/7 Security Operation Center for monitoring and protecting high-value and high-risk freight. The company has also enhanced teams that specialize in supply chain security, investigations, and asset protection and recovery to provide real-time prevention, detection and intervention when threats are detected. Organized cargo theft has risen to one of the top industry concerns for shippers. According to CargoNet, more than 2,800 events were recorded across the United States and Canada in 2023, a 59% increase year-over-year. More than 60% of those involved theft of a full or part of a shipment with an average estimated value of $188,617 per event and an estimated total of $331.9 million. J.B. Hunt published a blog post in March highlighting best practices carriers can follow to prevent cargo theft. The company also shared several theft prevention tips which include: Strictly control pickup authorization. Clearly define the process for authorizing pickups and limit the number of authorized personnel with access to pick up information. Maintain a documented list of approved carriers and their drivers. Verify carrier identity. Make sure the carrier and driver that come to pick up the load are listed on the documentation from the broker. Check for DOT-required placards with carrier name, DOT number and MC number. Also be sure to check the driver’s photo ID. Take photos at pickup. Document and record pictures of the trailer, tractor, license plates, DOT placards, driver’s ID, bill of lading, seal and the interior of the loaded trailer before the doors are shut and the seal is applied. All of this will be crucial information needed by law enforcement and investigators in the event of a theft. Verify shipment information. Cross-check the details provided with the information on the original shipping order. If there are any last-minute changes to the pickup arrangements, contact the broker directly to confirm those changes. Use unique pickup codes. Implement a system that generates unique pickup codes for each shipment. Only share the pickup code with the authorized carrier and instruct them to provide it at the time of pick up for verification. Monitor pickup activity. Keep track of all pickup requests and activities in a centralized system. Regularly review pickup logs and look for any unusual patterns or discrepancies. Conduct regular audits to identify any vulnerabilities in your pickup authorization system. Train employees and staff. Educate your employees and staff about the risks of fictitious pickups and the importance of adhering to pick up authorization protocols. Encourage them to report any suspicious activities immediately. Implement GPS tracking. Use a carrier with a high-value loads GPS tracking program. High-value and high-risk loads should use covert GPS tracking on shipments to monitor their location and ensure they are headed to the correct destination. Use a high-security bolt or 5mm cable seals. Secure your cargo with high-security seals to make it more difficult to access. Don’t use a plastic or metal band seal that can be broken without tools. Deploy enhanced securement hardware on high-value loads. Use high strength padlocks, lock rod security devices or figure 8 cable seals at the top of the lock rod bars. Secure your pickup location. Have video surveillance and on-site security personnel. Camera coverage of the gate, dock and driver area should be prioritized. Cameras in the pickup area where drivers check in should be mounted low enough to get a good image of the face when the driver is wearing a hat. Also limit who has access to the pickup location. Work with law enforcement and cargo theft investigators. In the event of any suspected fictitious pickup attempts or incidents, contact law enforcement immediately. Provide law enforcement and investigators working with the transportation supplier or insurance company with all the relevant information quickly. Participate in Transported Asset Protection Association (TAPA), CargoNet and your regional supply chain security organizations. These groups work together to stop and prevent cargo theft. They provide resources for security standards, security best practices and current trends in cargo theft.

Nomination period opens for TA’s 2025 Citizen Driver Award

Erica N. Guy - August 14, 2024

WESTLAKE, Ohio – TravelCenters of America (TA) is now accepting Citizen Driver nominations for 2025. This year marks the 15th for a program that TA created to recognize professional drivers who demonstrate traits that “bring a high level of respect to the truck driving profession, including good citizenship, safety, health and wellness, community involvement and leadership,” according to a release the company issued Aug. 13. As part of the honor, Citizen Driver Award winners may select a TA, Petro Stopping Center or TA Express location to be dedicated in their name, allowing their story to be continuously displayed for all travelers that pass through, according to the release. In addition, the winner will receive $5,000 in prize money, and TA will make a $2,500 donation to each winner’s organization of choice. Nominations, including self-nominations of professional drivers, will be accepted through Oct. 7, 2024. A panel of trucking professionals will review all the nominees to select the finalists. “The Citizen Driver Program spotlights some of the most extraordinary drivers today and illustrates the fine examples of professionalism embedded in the truck driving profession,” the release stated. “Last year, over 150 nominations for the Citizen Driver award were received from fleet owners and executives, professional drivers, trucking organization members and trucking industry suppliers.” To date, 44 Citizen Drivers have been awarded with this prestigious honor. To nominate yourself or someone else to be considered, complete the nomination form by clicking here.

FTR’s trucking conditions index remains positive despite significant decrease

Erica N. Guy - August 14, 2024

BLOOMINGTON, Ind. — FTR Transportation Intelligence’s Trucking Conditions Index (TCI) remained in positive territory in June but weakened to 0.95 from May’s 2.24 reading. Details matter, however, as core freight dynamics improved for trucking companies during June, higher financing costs and a slowing of diesel price decreases were substantial offsets. In its latest report, FTR states it expects a general improvement in carrier market conditions, but according to FTR’s current forecast, the TCI could see both positive and negative readings in the coming months before the index turns consistently positive by the end of this year. “Today’s market might feel as weak as it has been, but we continue to see a growing foundation for a recovery in financial conditions for trucking companies,” said Avery Vise, FTR’s vice president of trucking. “Strengthening capacity utilization sets the stage for firmer freight rates starting late this year and accelerating somewhat in 2025. Although nothing approaching the likes of 2021 is on the horizon, carriers should be seeing considerably more favorable conditions by next spring.” The TCI tracks changes representing five major conditions in the U.S. truck market: freight volumes, freight rates, fleet capacity, fuel prices, and financing costs. The individual metrics are combined into a single index indicating the industry’s overall health. A positive score represents good, optimistic conditions. Conversely, a negative score represents bad, pessimistic conditions. Readings near zero are consistent with a neutral operating environment, and double-digit readings in either direction suggest significant operating changes are likely.

Annie Steckroth named vice president of strategic fleet positions for Fleet Advantage

Erica N. Guy - August 13, 2024

FORT LAUDERDALE — Fleet Advantage announced on Aug. 13 that Annie Steckroth, CTP, has been named vice president of strategic fleet solutions. Steckroth has more than 18 years of experience in fleet management and business development. She previously served as director of national accounts for RXO (formerly XPO) and as a national account executive for FleetNet America by Cox Automotive. In her new role at Fleet Advantage, she will be responsible for advancing Fleet Advantage’s strategic initiatives and enhancing relationships with private fleet and for-hire carrier clients across the United States. “We are thrilled to welcome Annie to our executive fleet solutions team, as her proven track record in the fleet management industry will greatly benefit our top corporate fleet clients,” said Hadley Benton, CTP, executive vice president of business development for Fleet Advantage. “Annie’s experience in providing tailored, consultative fleet management solutions will help our clients achieve their goals of lowering costs and improving their bottom line.”

Diesel prices continue to plummett

Bruce Guthrie - August 13, 2024

Diesel fuel prices continue to trend downward. The fifth consecutive week of decline in price proved significant, with a five-cent drop nationally. Each region showed a significant drop — with two dropping by six cents. The East Coast was one of those six-cent drops falling from $3.830 to $3.778. The Lower Atlantic also fell sharply from $3.742 to $3.681 The Midwest region made a very minute jump last week. This week’s drop is a bit more profound falling from $3.729 to $3.681 this week. California’s prices also fell by six cents from $4.821 to $4.763.

Dragonfly Energy powers partnership with Highway Transport

Bruce Guthrie - August 12, 2024

RENO, Nev. – There is a new partnership brewing with Dragonfly Energy Holdings Corp. , which touts itself as an industry leader in energy storage and makes Battle Born Batteries, and Highway Transport, a chemical transportation company. According to a recent release, the purpose of the partnership is to begin integrating the Battle Born All-Electric auxiliary power unit (“APU”) into their fleet. “This marks a notable move towards improved sustainability for Highway Transport, which plans to transition their fleet of over 500 trucks to a more cost-effective and environmentally friendly solution,” the release states. “Highway Transport is expected to install the Battle Born All-Electric APU on new tractors in addition to retrofitting current models in their fleet.” The Battle Born All-Electric APU is an advanced lithium-ion battery system that provides ample wattage to run auxiliary power on trucks, even when a truck’s engine is not running. The product grants increased comfort to drivers by allowing the operation of HVAC, appliances, and other electronics, while the truck is off. The product produces zero harmful emissions and no loud engine idling. The unit recharges during drivetime and is expected to reduce Highway Transport’s fuel costs while increasing sustainability through emission reductions. “Highway Transport’s commitment to environmental responsibility is formalized in its Green Treads sustainability initiative,” the release stated. “By partnering with Dragonfly Energy to implement the Battle Born All-Electric APU, Highway Transport is taking a concrete step towards achieving its Green Treads goals of reducing emissions, improving fuel efficiency, and enhancing driver comfort.” “At Highway Transport, sustainability and driver well-being are paramount. Dragonfly Energy’s solution allows us to make significant strides on both fronts,” Marshall Franklin, chief executive officer and chief financial officer for Highway Transport, said. “The added benefit of fuel cost savings further strengthens the value proposition of this partnership.” The company’s pilot program and initial trials have shown promising results for fleets, the release stated. The all-electric lithium iron phosphate based unit has demonstrated extended power delivery and reliable performance, including the ability to consistently power hotel loads for 12-16 hours, even in extreme summer heat. “I’ve been driving for 35 years, and after installing the Battle Born All-Electric APU in my truck, I can honestly say it’s amazing,” Highway Transport driver William Gaines shared. “My first trip after the install took me to Dallas and then down to Houston, and the system is so COOL! Pardon the pun. My industry really needed this product.” This partnership with Highway Transport marks another step forward for Dragonfly Energy’s reach within the commercial trucking sector, the release stated. The planned integration of the Battle Born All-Electric APU into Highway Transport’s fleet paves the way for wider adoption of the Company’s clean energy solutions, accelerating the transition towards a more sustainable transportation landscape. “We’ve received immensely positive feedback on this product from both CEOs and drivers alike,” said Wade Seaburg, chief revenue officer of Dragonfly Energy. “We believe our product not only has the potential to enhance customer’s financial performance but also provides benefits to both the environment and the daily user. As more fleet operators transition towards sustainability, Dragonfly Energy is ready to support this shift with our lithium power solutions, offering a win-win for all involved.”

Grand Island Express achieves record-breaking gains with Optimal Dynamics’ software

Erica N. Guy - August 12, 2024

NEW YORK, N.Y. — Optimal Dynamics may have a reason to boast. The software company recently announced the success achieved in a partnership with Grand Island Express following using the company’s platform. Based in Grand Island, Nebraska, Grand Island Express “faced the challenge of managing precisely timed deliveries on irregular routes. The Optimal Dynamics platform automates load allocation and dispatching decisions to maximize network utilization and profitability. The integration with their LoadMaster TMS system from McLeod Software ensures seamless data flow, allowing for rapid implementation and immediate results,” according to an Optimal Dynamics release. The release added that the implementation of Optimal Dynamics yielded “swift and substantial improvements via decision automation.” Comparing year-over-year results for May, the first full month on the platform, Grand Island Express achieved: 5.7% increase in linehaul revenue 9.3% increase in load count 13.6% increase in loaded miles Reduction in empty miles from 13.5% to 10.6% “During the past two years, we squeezed everything we could out of our network, but there are limits to what humans can bring into their decision-making process,” said Deen Albert, VP of Operations at Grand Island Express. “This need to automate and optimize operations made us look into Optimal Dynamics. The real-time dispatching tool within the Optimal Dynamics platform is built for speed. It acts as a supercharger to McLeod.” “Automation has allowed Grand Island Express to handle more volume with the same amount of office staff and drivers,” the release stated. “The platform’s ability to automate routine planning decisions has freed up 80% of fleet managers to focus on high-value activities such as managing driver relationships and handling exceptions.” “At Optimal Dynamics, we believe in the transformative power of automation to drive operational efficiencies and deliver outstanding results for our customers,” said Daniel Powell, Co-founder and CEO of Optimal Dynamics. The correlation between the adoption rate of Optimal Dynamics’ recommendations and positive outcomes was clear. By week two, Grand Island Express achieved an 84% adoption rate, which ultimately led to a 13.4% increase in revenue per truck per week over the pre-Optimal Dynamics baseline average, according to the release.

Good Greek named official movers for UCF athletics

Erica N. Guy - August 12, 2024

ORLANDO, Fla. — Good Greek Moving & Storage has entered a comprehensive partnership with the University of Central Florida (UCF) Athletics. Through this five-year partnership, Good Greek will oversee the critical transportation of equipment to all away games. This support will be especially vital for teams like UCF Football during high-stakes matchups in the NCAA Big 12 Conference, as well as conference championships and bowl games, ensuring the Knights have dependable and professional backing throughout the season. “We are proud to partner with UCF Athletics and support the Knights across all sports,” said Spero Georgedakis, founder and CEO of Good Greek Moving & Storage and Good Greek Relocation Systems. “This collaboration goes beyond just moving — it’s about becoming an integral part of the UCF & Orlando community and playing a role in the university’s success both on and off the field.” In addition to managing UCF football’s equipment logistics, Good Greek will sponsor all Knights athletics teams and hold exclusive rights within the moving category. The partnership includes prominent Good Greek branding at UCF home football games and other athletic events. Additionally, the university’s students, alumni and staff will benefit from exclusive moving discounts, making Good Greek’s top-tier services more accessible to Knight Nation, one of the country’s largest and most passionate fan bases. “We’re excited to partner with Good Greek Moving & Storage as UCF Athletics’ official mover,” said Terry Mohajir, UCF’s vice president and director of athletics. “They are one of the most respected and trusted names in the moving industry and we’re looking forward to a long and successful business partnership.”

Bendix volunteers work with Habitat to build home for Indiana family

Erica N. Guy - August 12, 2024

AVON, Ohio — Working as one, they served as homebuilders for a day in support of a family in their community. Nearly 100 employees of Bendix Commercial Vehicle Systems LLC’s Huntington, Indiana, operation framed a house for a local family in need, according to a statement released by Bendix. The sounds of hammering and happy voices highlighted the construction project, which took place on Aug. 8 in the parking lot of the campus’ main plant in collaboration with Habitat for Humanity of Greater Fort Wayne. After building the frame of the house, the Bendix volunteers used permanent markers to inscribe messages and well-wishes on beams and walls. A member of the family receiving the house joined in the building. The house was then loaded for transport and donated as a Habitat for Humanity home in Huntington. Bendix employees will have the opportunity to individually participate in the final build on the actual homestead site later this year, working alongside the Habitat team. Bendix also contributed $15,000 for materials required to complete the build. This marks the seventh year Bendix has helped to build homes near its sites in North America. With the project in Huntington, this labor of love has resulted in 20 homes supported to date. The build was the second undertaken by the Huntington location after a successful inaugural house framing last summer. For the Huntington team, the activity was a highly anticipated part of the workforce’s community engagement calendar. “Huntington is our home, and Bendix is enormously proud and grateful to be part of it,” said Eric Meehan, managing director of operations at Bendix Huntington. “Giving back to the community drives this company and our people, as evidenced by how the team united and set to work with hammers and nails on the house framing. Never once have I seen my Bendix co-workers hesitate to raise their hand, roll up their sleeves, and pitch in on behalf of our friends and neighbors.” Bendix has operated a campus — one of its largest — in Huntington for more than 40 years. The Huntington operation includes manufacturing and assembly facilities and serves as Bendix’s primary North American distribution center. Habitat for Humanity is a global nonprofit housing organization working in local communities across all 50 states in the U.S. and in approximately 70 countries. Habitat’s vision is of a world where everyone has a decent place to live. It works toward that vision by building strength, stability, and self-reliance in partnership with families in need of decent and affordable housing. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Bendix says the house build is part of the company’s ongoing dedication to supporting nearby communities across its North American footprint. Bendix also aims to grow active social involvement among employees through leadership and project management experience. “The support and efforts of our employees are the heart of Bendix’s unwavering commitment to building communities and positively impacting our neighbors,” said Maria Gutierrez, Bendix’s senior director of environmental, social, and governance (ESG). “Part of our company culture is striving every day to put our social responsibility to work and make a difference, and it simply doesn’t happen without the inspiring generosity of our team members.” The list of local organizations that have received support from Bendix Huntington over the years includes the American Cancer Society Relay For Life, Boys & Girls Clubs of Huntington County, Junior Achievement, Huntington Chamber of Commerce, Huntington Heritage Days, Huntington Veterans Day 5K and United Way of Huntington County. According to Gutierrez, Bendix Huntington has provided almost $300,000 in community support grants and donations since 2021. During the same period, Huntington employees have spent more than 4,000 hours volunteering in support of local causes. Helping to lead employee engagement at Huntington, as at all Bendix locations, is a Local Care team. The teams, driven by employee volunteers, are charged with ensuring each location in North America hosts one or more corporate-sponsored volunteer events, sponsors additional events in the community, and connects employees with volunteer opportunities to support. “The effort is intentional and robust, with many contributors,” Meehan said. “We’re serious about giving back and enriching the community. It’s the Bendix way.”

FTR and Truckstop: Van spot rates rise but lose ground versus 2023

Bruce Guthrie - August 10, 2024

Spot rates are finally trending upward, sending a mixed bag of news last week. According to FTR Transportation Intelligence, broker-posted spot rates in the Truckstop system for dry van and refrigerated van equipment both rose for the first time in four weeks in keeping with seasonal expectations during the week ended Aug. 2 (week 31), but rates weakened relative to the same 2023 week. Dry van spot rates remained positive year-over-year, but only by a tiny margin. Refrigerated spot rates were negative year-over-year for the first time since late June. Flatbed spot rates fell for the seventh straight week and deteriorated slightly in the last year. The total load activity decreased 6.4% while total volume was 0.3% below the same week in 2023 — the first negative year-over-year comparison in four weeks — and about 28% below the five-year average for the week. Total truck postings decreased 6.4%, and the Market Demand Index — the ratio of load postings to truck postings in the system — was essentially unchanged from the previous week, according to FTR’s report last week. The total broker-posted rate decreased 1.5 cents after easing by slightly less in the previous week. Total rates were 0.7% below the same 2023 week – the first negative comparison in four weeks – and 7.5% below the five-year average for the week. Total market rates fall more often than not during week 31, but the weakness typically is from flatbed rates, which usually fall during the week while rates for van equipment usually rise. The current week (week 32) has proven to be reliably weak over the years, especially for dry van and flatbed, although refrigerated has not performed much better. FTR reported that dry van spot rates increased 1.6 cents, reversing the prior week’s decline. Rates generally increase week over week during week 31, falling only three times since 2008. Dry van rates were up just 0.2% year-over-year but kept alive a five-week streak of positive yearly comparisons. Rates were down 11.5% versus the five-year average. Dry van loads decreased 2.2%. Volume was more than 11% below the same 2023 week and more than 31% below the five-year average for the week. Refrigerated spot rates increased 4 cents after decreasing nearly 3 cents during the previous week. Rates have not declined week over week during week 31 since 2013. Refrigerated rates were a little more than 1% below the same 2023 week and more than 9% below the five-year average. Refrigerated loads rose 5.1%. Volume was nearly 15% below the same 2023 week and nearly 30% below the five-year average for the week. Flatbed spot rates declined 2.4 cents after decreasing nearly 2 cents in the prior week. Rates, which have risen only once (in 2020) during week 31 over the past seven years, were nearly 1% below the same 2023 week and almost 7% below the five-year average. Flatbed loads fell 12.7%. Volume was 17% above the same week last year but almost 30% below the five-year average for the week

Roadrunner expands LTL service to Western Canada

Erica N. Guy - August 9, 2024

CHICAGO — Roadrunner has expanded its LTL service to include Vancouver, Calgary, Edmonton and the surrounding areas of Canada, according to an Aug. 8 press release. The move follows the carrier’s launch of LTL shipping into Toronto and Montreal earlier this year. The new LTL service into Western Canada will be available for all Roadrunner’s origin locations that ship freight to Seattle, Washington. “We are launching new service to Western Canada on the heels of ultra-successful openings of Toronto and Montreal earlier this year. Our customers have repeatedly asked us to complement our Eastern and Central Canada offering to include the West,” said Tomasz Jamroz, COO at Roadrunner. “We are playing into our strengths in these markets, and we are able to provide the service, quality, and on-time LTL experience our customers now expect from Roadrunner.” As the consolidation point for this new service, Seattle is one of Roadrunner’s strongest terminals, highlighted by its recent win of Season II of the Operations Performance League (OPL) contest, the press release notes. The OPL is a year-long daily competition among all of Roadrunner’s 40-plus brick-and-mortar locations that get judged on Key Performance Indicators (KPIs). These KPIs include more than 20 metrics, such as service quality, operational efficiency, loading with care, and data accuracy. “Our smart network keeps expanding with service to Calgary, Edmonton, and Vancouver,” said Ryan Schelb, vice president of network strategy and expansion at Roadrunner. “We use data and analytics to analyze which markets we are opening next to provide the best long-haul LTL service. The service to Western Canada will benefit immensely from having Seattle as our launching point since our metro-to-metro network is so unique in the LTL world.” The network expansion further into Canada follows several strategic enhancements from Roadrunner, including the creation of Guaranteed Service in select lanes, which offers shippers on-time delivery by the promised date or a full refund of charges; the opening of a new Atlanta service center; and one-day service between its Southern California and Chicago locations. These recent service expansions have resulted in Roadrunner ranking in the Journal of Commerce’s (JOC) Top 20 LTL Carriers List, with the fourth largest revenue growth of any LTL carrier year-over-year. Roadrunner is the recipient of several service quality awards from multiple shippers, including the Platinum LTL Carrier Award from Echo Global Logistics, which recognizes outstanding service, commitment, and performance; the Breakthrough Carrier of the Year Award from GLT Logistics, which celebrates dedication to innovation and improvement; and the Elite Carrier Award from Total Quality Logistics. Roadrunner was also named a Top 100 Trucking Company by Inbound Logistics.

PACCAR Parts, Kenworth recognize top dealerships

Erica N. Guy - August 9, 2024

RENTON, Wash. — PACCAR Parts and Kenworth Truck Co. honored top dealerships during the 2024 “Amplify Your Advantage” Parts and Service Meeting, held Aug. 5-7 in Nashville, Tennessee. In addition, the event offered training, strategic planning, sales and dealer-focused discussions, and networking opportunities for Kenworth dealers, PACCAR Parts, Kenworth personnel and PACCAR suppliers. The meeting kicked off with an awards ceremony to celebrate dealer achievements and performance. “Kenworth dealerships are consistently raising the standards for parts and service excellence every year,” said Laura Bloch, PACCAR vice president and general manager of PACCAR Parts. “It’s an honor to award dealers for their outstanding achievements.” The award criteria were based on maximizing uptime, retail sales growth, parts purchase growth, absorption, PACCAR MX Engine technician staffing, participation in customer support programs and efforts to maximize customer uptime. The following awards were presented to Kenworth dealerships: • The Fleet Services Dealer of the Year winner was MHC Kenworth for strong PACCAR Parts Fleet Services growth and outstanding support of fleet customers. • The TRP Dealer of the Year was awarded to Inland Kenworth for its success in significantly growing TRP retail sales and TRP purchase volume. • Kenworth of Pennsylvania was recognized as the Technology Dealer of the Year for leading the use of analytics tools and growing sales through the Online Parts Counter, PACCAR Parts’ eCommerce program. • Palmer Trucks earned the PACCAR Parts UPTIME Dealer of the Year award. The dealership was selected for this award based on its parts leadership in several key areas, including retail and TRP growth and outside sales support. Following the awards ceremony, dealers attended a series of 30 customized seminars specifically designed to address industry trends across subjects such as electric vehicle opportunities, customer analytics, recruitment best practices and customer service excellence. Dealers also participated in interactive workshops and networked directly with OEM and aftermarket suppliers during the ATS Expo trade fair. Exhibitors displayed their products and offered interactive demonstrations. “The Parts and Service Meeting allows Kenworth Service, PACCAR Parts and Kenworth dealers an invaluable opportunity to strategically align,” said Brad Johnson, PACCAR parts national sales manager-Kenworth. “Discussions were focused on parts and service growth, upcoming technological advancements and exceeding the expectations of our growing customer base.”