The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in November from October, rebounding from a one-month decline to reach its highest all-time level, according to a new U.S. Department of Transportation report.
After settling an $85 million class action lawsuit in November over allegations it bilked trucking customers out money in the form of rebates from fuel purchases, truckstop chain Pilot Flying J has settled separate litigation brought by one trucking company.
Teamsters Union truck drivers and other workers at the parent of less-than-truckload carriers, YRC Worldwide, have rejected the company’s proposal that would have extended and modified the existing labor contract until 2019, putting the company in jeopardy of having to file for bankruptcy.
Rep. Earl Blumenauer, D-Ore., introduced a bill that would raise federal fuel taxes and index them to the cost of living to pay for more investment in roads and bridges. The bill would repeal the taxes by 2025 in anticipation of replacing them with a vehicle-mile tax.
North American freight activity followed virtually the same path in 2013 as it did in the previous two years, concluding with the typical December falloff, according to new issue of the Cass Freight Index Report.