YRC Freight CEO James Welch said while business in the first half of the year kept pace with its forecast, improvements are taking longer than originally anticipated at the national less-than-truckload carrier.
Private investment can work well as a funding source for some infrastructure projects, particularly those that are very expensive and complex, but it is not useful for most projects.
That’s the message from a House study on the benefits and risks of using public-private partnerships to pay for highways and other transportation projects.
Freight rates on the spot market posted solid gains over the past week as the number of loads available has moved higher and capacity has jumped.
The threat of inflation to the U.S. economy appears to be muted, with a report issued Wednesday showing consumer prices in August fell for the first time in 16 months.
Quality said it completed testing of the service with its western rail partner earlier in the current quarter and has begun initial shipments with some of its largest customers.