December 19, 2014 - Industry News
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.
Tags: Spot Freight, Freight Rates, DAT Solutions
Falling gasoline prices led to a sharp drop in U.S. consumer prices during November, the steepest rate in nearly six years, according to a U.S. Commerce Department released Wednesday morning.
Tags: Economy, Consumer Prices
December 16, 2014 - Industry News
A recent survey from Transport Capital Partners took a simple approach to assessing respondents’ industry outlook by simply asking: Is trucking starting to be fun again?
Tags: Survey, TCP, Transport Capital Partners
The Jacksonville, Fla.-based transportation company hopes to create opportunities for increased cross-border trade with the new terminal.
Tags: Intermodal, GSX
Newly released figures show a drop in housing starts during November, with an even bigger decline in the number of new building permits issued -- but new home building remained above a 1 million unit annual rate for the third month in a row.
Tags: Housing Starts, Economy
December 15, 2014 - Industry News
The less-than-truckload carrier Old Dominion Freight Line Inc. said Monday it will implement a general rate increase averaging 4.5%, effective January 5, 2015.
Tags: Old Dominion Freight Line, Fleets, Freight Rates
U.S. industrial production surged in November by 1.3% from the month before, the largest gain since May 2010, according to new U.S. Federal Reserve figures.
Tags: Economy, Industrial Production, Home Building
Median pay for truck drivers is on par with the national median for U.S. households, while the trucking industry offers drivers “competitive" benefits, according to a new study from the American Trucking Associations.
Tags: ATA, Research, Driver Pay
Closing the Indianapolis foundry is expected to eliminate approximately 180 jobs and reduce Navistar's operating costs by about $13 million annually.
December 12, 2014 - Industry News
Old Dominion Freight Line has expanded its less-than-truckload services in Portland, Ore., and Chattanooga, Tenn. The company opened a brand new facility in Portland and renovated an existing service center in Chattanooga.
Tags: New Facility, Old Dominion Freight Line, LTL, City of Chattanooga, Portland
Digi International elected Ron Konezny to be the president and CEO of the company effective Dec. 17, 2014. The previous president and CEO Joseph T. Dunsmore will retire when he is succeeded by Konezny.
Tags: Leadership, Trimble, PeopleNet, People, Digi International
TravelCenters of America announced a partnership with the U.S. Department of Homeland Security Blue Campaign which combats and raises awareness for human trafficking.
Tags: Department of Homeland Security, Human trafficking, Truckers Against Trafficking, Travel Centers of America
Capacity Trucks sponsored a raffle raising money for a local food bank using the Ice Bucket Challenge, a popular viral internet campaign to raise awareness for ALS. Capacity donated the $1,600 it raised to the East Texas Food Bank.
Tags: Intermodal, People, Donations, Charity Fundraiser
Prices at the wholesale level in November gave up all the gains made the month before, led by declining energy costs, while consumers in the U.S. are feeling better than they have in many years.
Tags: Economy, Wholesale Prices, Consumer Sentiment, Producer Prices
A group of 74 drivers and dockworkers at Con-way Freight in Miami Lakes, Fla., voted on Thursday to join Teamsters Local 769 in North Miami, Fla.
Tags: Florida, drivers, Con-way Freight, Fleets, Teamsters, Labor Unions, FedEx Freight
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