Haney Truck Line Set for the Long Haul

YAKIMA, WA--(Marketwired - Jul 31, 2015) - Haney Truck Line, LLC (Haney) one of the largest truckload carriers in the greater Pacific Northwest announced today it has begun taking deliveries of the first trucks in a multi-year fleet replacement program with Peterbilt Motors Company, a PACCAR company. The fleet replacement is part of Haney's growth plan; in the past year alone, the company has recapitalized through its equity owner, Evergreen Pacific Partners; acquired Pacific Transportation; developed an industry-first pay-for-performance compensation plan and created a new brand. These steps have positioned the company for strong growth in 2015 and beyond.

Haney's new operating structure has resulted in improvements in metrics across the board, highlighted by:

• On-time delivery rates are consistently higher than 90 percent;
• Average driver compensation is up nearly 10 percent, with the potential for nearly 100 percent;
• Driver turnover is less than 30 percent, compared to industry averages of more than 90 percent;
• In the trailing six months, its DOT-recordable accident rate is zero.

With this new operating structure, and a booming market for transportation up and down the West Coast, Haney is investing in new equipment. It recently completed a purchase for 41 Peterbilt Model 579s and 120 Hyundai trailers. The orders demonstrate Haney's commitment to providing its drivers with the highest quality equipment on the road today.

"We've done something that's never been done in the industry -- and that's partner with our drivers to create a management and compensation plan that is driver-centric," said Peter Carlander, President of Haney. "The results speak for themselves and show that when you have engaged and motivated drivers, you have safer operations, happier drivers and satisfied customers."

Haney also recently unveiled its new brand, which is dominated by the shape of a star, representing the company's internal work culture, which is defined as Safety, Teamwork, Accountability and Respect (STAR). This new framework was developed by the drivers in conjunction with executives to create a workplace unlike any other in the industry.

"We're pleased to partner with a respected and innovative carrier like Haney Truck Line," said Darrin Siver, Peterbilt General Manager and PACCAR Vice President. "Their investment in Peterbilt's Model 579 as their preferred fleet vehicle shows their commitment to quality, reliability and performance -- all characteristics they demonstrate daily to their customers and their drivers and other team members."

About Haney Truck Line
With over 650 associates, 600 power units and 1,400 trailers, Haney is one of the largest truckload carriers in the greater Pacific Northwest and has a growing presence in California and Canada. Headquartered in Yakima, Wash., the company carries products including beverages, paper, glass, aluminum, food and other general merchandise throughout the eight Western US states. Services offered include common and contract carriage, dedicated resources, and single source transportation programs utilizing 53-foot dry vans, 64-foot double vans, flatbeds, and refrigerated vans. Haney maintains five terminals as well as various other parking yards throughout the Northwest. In addition to the fleet, the company also provides full service logistics through Haney Logistics.