JB Hunt Big Navistar Prostar Order Not A Big Surprise
May 14, 2010
Navistar to Supply 5,000 ProStar+ to J.B. Hunt | www.truckinginfo.com
JB Hunt Transport Services announced their 5-year commitment to buy 5,000 Navistar Prostar+ trucks with the 13-Liter MaxxForce engine. This is great news for Navistar and a vote of confidence for Navistar’s Exhaust Gas Recirculation engine approach, but not unexpected when one thinks through each of their histories.Truck buyers look at a mix of brand / dealer relationships, how products performed, at fairness in the deal and then the deal ($$)! It’s similar to most car buyers process....
Trailer Sales To Be Fed By Major Fleets Planning For CA “SmartWay-type” Mandate
May 7, 2010
Wabash Widens Net Loss in First Quarter | www.truckinginfo.com
Operational and equipment-related regulations have historically had separate implementation processes. Operational ones like with compliance (hours-of-service, CSA 2010, recorders, etc.) or even State / local rules (idling, parking, etc.) take place on set dates for everyone. Equipment regulations are generally implemented more through normal “wear-out” of the equipment. When we mandate equipment issues, it causes all kinds of behavior out of the norm. We expect to see such with trailers now.
Conoco Phillips withdrawal from Yambu project sends a serious industry signal.
May 4, 2010
An interesting article on 4/29/10 MEED by Peter Salisbury "A false dawn for the downstream petrochemical industry".Conoco Phillips withdrawal from the $10+ Billion project, is a sure signal that the medium-term future of refining and petrochemical markets is not rosy. It is as well a confirmation that the company is still recovering from the 2006 outlay of $35.6 B to acquire Burlington Resources.
TransAm Trucking Replacing Almost All Trucks - Powered by 2010 Paccar MX Engines
April 26, 2010
TransAm Trucking Orders New Kenworths With MX Engines | www.truckinginfo.com
For us who see the marketplace as moving slowly from 15 to 13 Liter engines, some folks prove us wrong. There is always “the rest of the story” adding fuel to the fire, which here has to do with service.
LTL Service Improvements By Some Truckers - Is Problem For Biggest (YRC, ABF…)
April 12, 2010
Estes Reduces LTL Transit Time | www.truckinginfo.com
As traditional unionized Less-Than-Truckload (LTL) carriers such as YRC Worldwide and Arkansas Best Corporation struggle in addressing their competitive cost structures, others non-union ones such as FedEx Freight, Con-way Inc, Old Dominion Freight Lines, Estes Express, Averitt Express, Saia and smaller ones continue to solidify their share with productivity-related and flexible cost-saving approaches.
Simple Inexpensive Trucking Fuel Efficiency Products - That Sell!
April 5, 2010
Schneider National Outfits Tractor Fleet with First-of-its-Kind | www.schneider.com
1% fuel savings for $200 - now that’s an ROI! Fuel efficiency improvement gadgets are getting a lot of attention, but a simple one with an understandable ROI sells well. It also helps when one of the the largest fleets in the US - Schneider National - commits to buying them for all their trucks.
US Truck Sales Predictions - 2010 Flat & 2011 Up
April 1, 2010
Class 8 Demand Is on Track For Slow Growth in 2010 | www.truckinginfo.com
Most agree now that 2010 truck sales will be relatively flat, so we’re looking for good news now in 2011. My friend Erik Starks and his gang at FTR Associates do the numbers better than most, so we’ll stick to some thoughts regarding planning from ground level with small / medium fleets (majority of market) and their financiers. There are some pot-holes to watch for, too.
Mid-America Truck Show Summary - 2010 Trucking Regulations Affecting Priorities
March 30, 2010
2010 Mid-America Trucking Show, March 25-27 | www.truckingshow.com
Slowly improving freight levels and tough financing aside - 2010 Emissions, CSA 2010, 2010 EOBR and now 2010 Health Insurance Bill are hot topics. These are making truckers "pause" in moving ahead aggressively with major purchases, but they are looking for ways to improve productivity and cut expenses. The other general themes included pushing idle reduction, more GPS / Information technology and keeping trucks longer (aftermarket parts).
Palm Oil Plantation Farming, Logistic & Retail - Some Pros and Cons
March 17, 2010
Biofuel industry pushing tax credits & palm oil growth | www.examiner.com
Palm Oil was a promising Biofuel opportunity, but got mired in global politics. It still is both! Our colleagues Brian Coppa and Yves Moyen have offered great pros and cons, so I’ll add some personal history and insight. At today’s crude prices, Palm makes a good financial case. We’ll not comment on the $1 per gallon blender rebate here either on soy prices and buttressing of offshore oils coming to the US.
Big Swings In Trucker Load Boards Mean Broker’s Are Getting Their Due
March 16, 2010
Spot Freight Triples Year-Over-Year in Normally Weak Month | www.truckinginfo.com
Do brokers, 3PL’s and other non-asset providers sell value and relationships or moreso price? Therein lies the quandary that creates the opportunity for truckers' profits today and problems for 3PL’s / brokers.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012