Spot Market Rates and Freight Weaken
New figures from the freight matching service provider, DAT, show spot market load availability fell 5.7% Oct. 20 through 26, compared to the previous seven days.
New figures from the freight matching service provider, DAT, show spot market load availability fell 5.7% Oct. 20 through 26, compared to the previous seven days.
After a few weeks of relative quiet, things have started heating back up between Pilot Flying J and trucking companies that are suing the truckstop chain over allegations it cheated trucking companies out of fuel rebates.
As fleets continue to adapt to recent changes in hours of service regulations and face increasing challenges in finding drivers and technicians, nevertheless a new survey indicates they will be buying more trucks in 2014.
The parent to trucking operations Con-way Freight, Con-way Truckload and Menlo Worldwide Logistics, Con-way Inc. has reported 2013 third-quarter net income of $30.6 million, compared to third-quarter 2012 net income of $25.3 million.
UPDATED--The Teamsters ABF Master Negotiating Committee voted Wednesday that in light of the overwhelming vote against authorizing a strike against ABF Freight, the company's last proposal for the Central Region Local Cartage Agreement would be accepted. As a result, the ABF National Master Freight Agreement is now fully ratified.
Retail sales moved 0.1% lower in September from August but were 3.2% higher from the same time in 2012, according to the U.S. Commerce Department.
Republic Services Inc. announced the deployment of 67 compressed natural gas solid waste and recycling trucks to serve customers throughout southern New Jersey and in Philadelphia. The new CNG fleet will replace older diesel powered trucks, and represents a significant local investment in cleaner, safer and more efficient vehicles.
The Canada Border Services Agency says eManifest requirements for highway and rail carriers will not be mandatory in fall 2013, due to delays associated with regulatory processes.
Operators of toll roads, bridges and tunnels aren’t likely to change any minds in trucking when it comes to opponents of having more routes with fees, but they hope to sway some members on Capitol Hill as talk of what to do about highway funding is increasing.
A congressional panel is recommending a comprehensive, multimodal approach to freight transportation with robust, sustainable funding from public and private sources. The bipartisan Panel on 21st Century Freight Transportation unanimously backs more spending on freight infrastructure – but does not take a position on where the money should come from.
Dry van truckload operation, P.A.M. Transportation Service has reported net income of $2.4 million for the third quarter of the year and net income of $4.6 million the first nine-months of the year
Industrial production in the United States increased in September, posting its biggest gain in seven months. This follows a report Friday showing shipments of manufactured durable goods hit their highest level on record going back to 1992 -- but consumer confidence took a nosedive.
Two congressional leaders who have been working on tax reform for the past couple of years are getting closer to drafting proposals that could include renewed commitment to highway funding.
The Federal Motor Carrier Safety Administration granted a rest-break exemption from the hours-of-service rules to carriers serving the Department of Defense.
New third quarter financials from UPS show it doubled its profit in the third quarter of the year, coming in at $1.1 billion, compared with $469 million a year earlier.
Volvo has unveiled its new VNL available in six cab configurations. The company calls the VNL a totally "reimagined" design.
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