Cass Truckload Index Hits Record High, Intermodal Index Mixed
A measure of truckload rates shows it hitting an all-time high in March, increasing 5.1% from the same time a year ago.
A measure of truckload rates shows it hitting an all-time high in March, increasing 5.1% from the same time a year ago.
Existing-home sales in the U.S. jumped in March to their highest annual rate in 18 months, according to the National Association of Realtors on Wednesday. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.
Net income increased to $29.6 million from $19.1 million in the first quarter of 2014 while earnings per diluted share moved higher to 36 cents from 23 cents.
National average spot truckload rates drifted down during the week ending April 18 compared to the previous week, according to new figures from DAT Solutions and its network of load boards.
American Trucking Associations’ For-Hire Truck Tonnage Index increased by 1.1% in March marking the 5th monthly increase in the past 6 months.
NationaLease announced an agreement with Decisiv to provide its customers with fleet tracking and reporting capabilities. The maintenance platform will be called NationaLease Fleet 20/20.
Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.
Con-way Truckload is buying 635 new twin-screw tractors equipped with automated manual transmissions -- a move that will more than double the AMTs to nearly half its fleet.
The Minnesota Trucking Association and others are suing the state trying to end its 10% biodiesel mandate.
A final rule mandating electronic logging devices will still be published in September, while publication of a proposed rule to mandate speed limiters and one to establish a carrier safety-fitness determination system have been delayed a month.
Although GE Capital Fleet Services has had strong annual revenue growth and a significant product development agenda, its upcoming sale is part of a larger strategic plan by its parent company to focus on its core industrial businesses.
Consumer prices moved up for the second straight month in March after falling during much of the winter, but remain at their lowest level in years.
McLeod Software is releasing version 15.1 of its LoadMaster, PowerBroker and LoadMaster LTL software products.
Bipartisan legislation introduced in the U.S. House Thursday would index the current federal gasoline and diesel fuel taxes to inflation, raising $27.5 billion to ensure highway-infrastructure spending is funded for exactly 1.7 years.
Nationwide housing starts rose 2% in March, hitting an annual rate of 926,000 units, but it's not as much as many analysts were hoping.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
View more photos
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
