July 17, 2014 - Industry News
The 43-acre facility increases FEC’s available intermodal capacity from 100,000 to 450,000 lifts a year and will improve the transfer of both domestic and international containers between ships and rail, according to Broward County officials.
Housing starts in the U.S. fell 9.3% in June, the second consecutive monthly decline, according to the U.S. Commerce Department, pushing the annual rate down to 893,000, the weakest showing since last September.
Tags: Economy, Housing Starts, Federal Reserve
July 16, 2014 - Industry News
Maverick Transportation has recently announced several changes to their driver pay scale, including substantial mileage pay increases, which will impact all incoming drivers no matter their experience.
Tags: Driver Pay, Maverick Transportation, Fleets, Drivers
U.S. Transportation Secretary Anthony Foxx received a report this week from the Department of Transportation’s National Freight Advisory Committee making 81 recommendations to improve the performance of the nation’s freight transportation system.
Tags: Infrastructure, U.S. Transportation Secretary, Department of Transportation, Highway Funding, U.S. DOT, Highways, Freight
Drivers traveling on Interstate 35W in Bloomington and Burnsville, Minn. will encounter detours in both directions from 10 p.m. Friday, July 18 through 5 a.m. Monday, July 21, weather permitting.
Orbcomm this week successfully launched six next generation OG2 telecommunication satellites aboard a SpaceX Falcon 9 rocket from Cape Canaveral Air Force Station, Florida, to provide faster data systems to customers and increasing the company’s overall network capacity for customers in trucking and other fields it serves.
Tags: Information Technology, Orbcomm
Prices at the wholesale level rose 0.4% in June from the month before, according to new U.S. Labor Department figures, following a 0.2% decline in May and a 0.6% advance in April.
Tags: Economy, Industrial Production, Wholesale Prices, Home Building
Spot market freight rates has declined across the board in the most recent week, following healthy gains the week before, according to the freight matching service provider DAT.
Tags: Freight, Spot Freight, DAT Transcore, Freight Rates
July 15, 2014 - Industry News
Primarily refrigerated freight hauler Marten Transport on Tuesday reported an increase in net income to $7.9 million, or 24 cents per diluted share, in the second quarter of the year.
Tags: Marten Transport, Fleets, Earnings
A Memphis, Tenn., business owner pleaded guilty in federal court in Springfield, Mo. on Monday to his role in a cargo theft scheme that included a theft in West Plains, Mo.
Tags: Tennessee, Missouri, Crime & Fraud, Cargo Theft
The U.S. House on Tuesday passed legislation on Tuesday afternoon providing enough money for the Highway Trust Fund through May 2015.
Tags: Legislation, Highway Funding, Highway Trust Fund, U.S. House
Retail sales increased in June, according to a new Commerce Department report, but the gain was far less than analysts were expecting.
Tags: Retail Sales, Economy
J.B. Hunt Transport Services announced Tuesday second quarter 2014 net earnings of $93.4 million, or diluted earnings per share of 79 cents, compared to second quarter 2013 net earnings of $87.7 million, or 73 cents per diluted share, a 6.5% increase.
Tags: J.B. Hunt, Fleets, Earnings
July 14, 2014 - Industry News
The planned 190-acre facility will be the first new multi-purpose marine terminal to be constructed on the Delaware River in over 30 years.
Tags: New Jersey, Intermodal, Fleets, Logistics
The Port of Virginia set a new mark for volume in fiscal 2014, handling more than 2.3 million twenty-foot equivalent units in the twelve months ending June 30, eclipsing the previous fiscal year record by 140,476 TEUs.
Tags: Economy, Virginia, Ports, Port Trucking
FTR’s Trucking Conditions Index in May, at a reading of 5.74, reflects some headwinds affecting truck fleet results, according to this latest report from the transportation forecasting firm.
Tags: Economy, Research, FTR
July 11, 2014 - Industry News
Consulting firm CarrierDirect discussed the current state of the trucking industry, as well as what's on the horizon for the rest of 2014 and beyond.
Tags: Fleet Management, CarrierDirect, Logistics, Fleets
EBE Technologies, a developer of enterprise business process management applications for the transportation industry, has partnered with TrueNorth Companies, a risk management solutions provider to the transportation industry, to create OverDrive.
Tags: Drivers, Insurance, Information Technology, Independent Contractors
Whether you’re a seasoned veteran in expedited trucking or just exploring the opportunities that the fastest growing segment in the trucking industry has to offer, the only trade show in the nation dedicated to this part of trucking is set for later this month.
Tags: Ohio, Industry Event, Events
The U.S. third-party logistics market gross revenue grew 3.2% from 2012-2013 and growth will be 5.2% for 2014 as the U.S. economy continues to expand.
Tags: Research, 3PL, Logistics
A new report finds that the nation’s rural transportation system is in need of modernization to address deficient roads and bridges, due in part to increased truck traffic, and suffer from high crash rates and inadequate capacity.
Tags: Research, Highway Fatalities, Highway Funding, Highways, Interstate
July 10, 2014 - Industry News
The Federal Motor Carrier Safety Administration has revised its guidance regarding hours of service logging software programs on laptop computers, tablets, and smartphones, to allow for digital driver signatures.
Tags: FMCSA, Information Technology, Hours of Service
UPDATED---Congress appears to be coming together to pass a plan to rescue the Highway Trust Fund, used to pay for federal road and bridge projects, before it runs out of money in August, putting hundreds of road construction jobs at risk and shuttering thousands of highway projects.
Tags: Legislation, Congress, Highway Funding, Highway Trust Fund
The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Thursday.
Tags: Economy, Research, U.S. DOT, Freight, Freight Index
In an effort to match up available jobs in trucker with prospective candidates, the Iowa Motor Truck Association has created and launched an interactive jobs board specific to the trucking industry.
Tags: Drivers, Iowa, Employment
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