December 29, 2014 - Industry News
Consumer confidence reached its most favorable level this month since the last cyclical peak was set in January 2007, according to the Thompson Reuters/University of Michigan Survey of Consumers, released just before Christmas.
Tags: Economy, Home Sales, Consumer Sentiment
Spot market freight rates posted declines as Christmas approached, according to numbers from the freight matching service provider DAT Solutions.
Tags: Spot Freight, Freight Rates, DAT Solutions
December 26, 2014 - Global News
Mitsubishi Fuso Truck and Bus Corporation and Daimler India Commercial Vehicles Pvt. Ltd. that cooperate together under the Umbrella of Daimler Trucks Asia, have announced personnel changes in their Board of Management.
Tags: Daimler India Commercial Vehicles, Asia, Mitsubishi Fuso Truck and Bus Corporation
December 24, 2014 - Industry News
C.R. England appointed TJ McGeean as the Chief Financial Officer of the company, replacing current company president, Josh England who had been serving in a dual role as CFO since 2013.
Tags: C.R. England, People, Truckload, Promotions
Con-way Multimodal announced the appointment of Gregory L. Orr as president of the freight brokerage division of Menlo Logistics. He was previously the vice-president of operations of operations.
Tags: Promotion, People, Con-way Inc., Multimodal
Kenworth celebrated the delivery of its one millionth truck to TransAm Trucking of Lathe, Kan. The 91 year-old company held a ceremony to celebrate the milestone at the Kenworth assembly plant in Chillicothe, Ohio.
Tags: Kenworth, Truck Sales, Kenworth T680
December 23, 2014 - Industry News
The value of the production of goods and services in the U.S. during the third quarter of the year increased at an annual rate of 5%, according to a third estimate from the U.S. Commerce Department.
Tags: Economy, GDP, Durable Goods
The Pacific Maritime Association, which represents employers at America’s 29 West Coast ports, on Monday asked for federal mediation in its contract negotiations with the International Longshore & Warehouse Union.
Tags: Drivers, Ports, Port Trucking, Labor Unions
December 22, 2014 - Industry News
Women In Trucking Association and Navistar are seeking candidates for the 2015 Influential Women In Trucking award. The winner will be announced at the TCA annual convention in March 2015.
Tags: Navistar, Awards, Women in Trucking
One man pleaded guilty to charges in federal court earlier this month in connection with a double brokering scheme, according to the Office of the Inspector General at the U.S. Transportation Department.
Tags: Office of Inspector General, Crime & Fraud, Brokers
After hitting their highest level of the year during October existing-home sales slid in November, according to figures released Monday by the National Association of Realtors
Tags: Economy, Home Sales
Traffic this year-end holiday season is projected to be at a record level, according to the motorist group AAA.
December 19, 2014 - Industry News
Over 36,000 trailers were ordered in November, representing the 4th most orders of all time, according to ACT Research. Trailer orders were up 43% over last year.
Tags: Trailers, ACT Research, Trailer Orders
The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.
Tags: Economy, Freight, Truck Tonnage Index, American Trucking Associations
The holiday shipping season is historically one of the most dangerous times for cargo theft, according to the logistics security services provider FreightWatch International.
Tags: Security, Cargo Theft, FreightWatch, Crime
New construction starts in the U.S. climbed 13% in November from the month before to an annual rate of $677.8 billion, according to industry data provider Dodge Data & Analytics.
Tags: Economy, Construction
December 18, 2014 - Industry News
The recently enacted change to drivers hours-of-service rules, scrapping parts of the restart provision adopted in July 2013, has prompted telematics and e-log providers to hustle out updates to their hours-of-service applications.
Tags: Telematics, Information Technology, Compliance, E-logs, Hours of Service, 34-Hour Restart
Despite a slight downturn from the month before newly released figures show in November the Cass Truckload Linehaul Index rose 6.7% year over year.
Tags: Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
A measure of where the U.S. economy is headed in the next three to six months rose for the third consecutive month in November, according to a report issued Thursday by the private research group The Conference Board.
December 17, 2014 - Industry News
The U.S. Federal Reserve on Wednesday indicated it believes the American economy continues to expand at a moderate pace and would be able to handle a small hike in short-term interest rates.
Tags: Economy, Federal Reserve
The George Washington Bridge in Fort Lee, N.J. topped the list of the most congested locations for truck freight, according to analysis from the American Transportation Research Institute.
Tags: New Jersey, Traffic Congestion, ATRI, Freight, Bridges
Dart announced increases in pay to drivers throughout the company’s network. Drivers will see anywhere from 2 cents to 10 cents per mile increases with the average increase being 5 cents per mile.
Tags: Dart, Driver Pay, Owner Operators, Dry Van
A trend report published by DHL outlines the potential of autonomous technologies in transportation and logistics, and that the industry is well suited to take advantage of such technologies.
Tags: Technology, Self-Driving Vehicles, DHL
Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.
Tags: Fleets, Earnings, FedEx, FedEx Freight
A rally in spot market freight rates seen last week turned out to be short-lived, with across-the-board declines being reported in new numbers from the freight matching service provider DAT Solutions.
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