May 30, 2014 - Industry News
The 0.1% drop in personal consumption expenditures follows an upwardly revised 1% increase during March, which was the largest gain since August 2009 and is the first decline in a year.
Tags: Economy, Consumer Spending, Consumer Sentiment
May 29, 2014 - Industry News
U.S. trade with its next-door neighbors totaled $101.5 billion in March 2014, the second highest amount on record, as four of five transportation modes carried more freight than the same time a year ago, according to new U.S. Transportation Department report.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade
Several House Republicans are proposing a national standard to protect buyers of trucking services from claims that they were negligent when selecting the carrier. The bill by Rep. John Duncan, R-Tenn., says that shippers and brokers would not be liable for negligence claims at the state level if they made sure that the carrier is registered at the Federal Motor Carrier Safety Administration, has the required insurance and does not have an unsatisfactory safety rating.
Tags: FMCSA, Liability, TIA, Highway Bill, Safety, Congress, Legislation, Shippers, Brokers
The 2,200 acre site in Santa Teresa, N.M., which officially opened to truck traffic in April, is along the company’s critical Sunset Route, the rail line running 760 miles from El Paso, Texas, to Los Angeles.
Tags: Railroads, New Mexico, Intermodal
A provider of electronic revenue cycle, document management and invoicing services to the transportation industry, Pegasus TransTech, has acquired TripPak Services and ACS Advertising from Xerox.
Tags: Information Technology, Xerox, Mergers & Acquisitions, Pegasus TransTech, TripPak, ACS Advertising
The owner of a group of freight auditing and payment businesses surrendered Wednesday to authorities to face charges she operated them as a multimillion-dollar Ponzi scheme..
Tags: New Jersey, Crime & Fraud
UPDATED -- The broadest measure of American economic health shows it throttled back in the first quarter of the year, according to the U.S. Commerce Department.
Tags: Economy, GDP, Unemployment, Employment
This year's Fleet Safety Conference, July 22-23 at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Ill., will feature sessions aimed at heavy-duty truck fleets, such as what you don't know about truck inspections and an update on hours of service and electronic logs.
Tags: Safety, inspections, HOS, Events, ELDs
Effective June 1, company drivers at the Missouri-based ACT will receive a 1 cent per mile pay increase for all miles. Independent contractors will receive 3 cents per mile more for all miles, moving it up to $1.03 per mile.
Tags: Fleets, Driver Pay, American Central Transport
May 28, 2014 - Industry News
A hike in the average rate for refrigerated cargo leads increases in all three categories for spot freight, according to new figures released by the freight matching service provider DAT.
Tags: Spot Freight, DAT Transcore, Freight Rates
A New York man was sentenced to three years in prison on Wednesday and ordered to pay more than $1.5 million in restitution for his role in a conspiracy that skimmed more than $1.7 million from trucking companies.
Tags: New York, Crime & Fraud
Speed limits along some Interstate routes in Maine as well as one non-Interstate route are increasing, some immediately. The move by the state transportation department follows a study of crash numbers and speeds it claims most people are already driving.
Tags: Minnesota, Maine, Speed Limits
After moving more than 12 cents higher per gallon over the past three years, Connecticut’s diesel tax is set to drop slightly on July 1.
Tags: Connecticut, Diesel Tax
Work on the highway bill continues next week with a Senate Commerce Committee hearing on safety policy. The Subcommittee on Surface Transportation will convene Tuesday, June 3 to take testimony on “The Safety and Effectiveness of our Transportation Systems.” Witnesses have not yet been named.
Tags: FMCSA, Safety, Senate, Highway Bill, Highway Funding, Highway Trust Fund, Congress, Legislation
May 27, 2014 - Industry News
Virginia Gov. Terry McAuliffe announced Commonwealth Transportation Board has passed a resolution to increase transparency and competition and to better evaluate the public’s risk for projects delivered under public-private partnerships.
Tags: Virginia, Highway Funding, Public-Private Partnerships
Less-than-truckload carrier Old Dominion Freight Line on Tuesday increased its outlook for growth in second-quarter revenue per hundredweight, excluding fuel surcharges, to a range of 3% to 3.5% from the same time in 2013.
Tags: Old Dominion Freight Line, Fleets, Freight
Gloria Werner, one of the co-founders of the trucking company Werner Enterprises, died on May 20 at the age of 79.
Tags: Werner Enterprises, Fleets, People
UPDATED: Shipments for these items designed to last three years or more fell 0.2% from March, following a 1.3% gain. The decline was led by a 1% drop in transportation shipments.
Tags: Economy, Durable Goods, Consumer Confidence
May 23, 2014 - Industry News
The Virginia Department of Transportation announced that drivers traveling on I-95 in Northern Virginia should prepare for more lane closures and traffic impacts this summer.
Tags: I-95, Interstate 95, Virginia, Road Construction
Sales of new homes in the U.S. rose in Apri, ending two months of back-to-back declines, according to the U.S. Commerce Department. It increased 6.4% in April from the month before but fell 4.2% from the same time in 2013.
The increase in pier containers pushed fiscal year 2014 volumes up by 5.5% year-over-year. April's pier container volume represented a 12.3% increase over April 2013 and a 21.7% increase over April 2012.
Tags: Economy, South Carolina, Freight, Ports, Port Trucking
The trucking company USA truck on Friday said it has reached an agreement with its largest shareholders who hold approximately a 28% stake in the company.
Tags: Fleets, USA Truck
AAA projects 36.1 million Americans will journey 50 miles or more from home during the Memorial Day holiday weekend, a 1.5% increase from last year, with more than eight in 10 driving to their destinations.
Tags: Security, AAA, Safety, Traffic Congestion, National Safety Council, Crash-Related Injuries, Highways, Cargo Theft, FreightWatch
May 22, 2014 - Industry News
Congress passed the Water Resources Reform and Development Act of 2014, providing support for port maintenance and other maritime improvements.
Tags: Congress, Ports, Port Trucking, Legislation, President Obama, ATA, American Trucking Associations, Infrastructure, Infrastructure Funding, Intermodal
The freight matching service provider DAT reports the total number of loads available increased 7.5% May 11 through May 17 compared to the previous seven days, while truck capacity grew 1.5%.
Tags: Freight, Spot Freight, DAT Transcore
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