Nearly 15,400 net trailer orders were received in June, up 7% from May. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co.
At the beginning of 2013, an estimated 844,000 veterans were unemployed and looking for work, including 252,000 post 9/11 veterans. According to the White House report, “Fast Track to Civilian Employment,” there is somewhere between 240,000 to 360,000 service members who separate from the military each year. A million more are expected over the next several years.
DAT reports from July 7-13 the number of loads increased in the U.S. by 2.7% compared to the previous seven days, however, two out of three sectors showed a drop in number of loads to trucks.
Jacobs Vehicle Systems, a manufacturer of heavy-duty diesel engine retarding systems and valve actuation mechanisms, announced that Sergio Sgarbi was appointed President effective July 22 after completing his three month immersion process.
The year began below what many companies had expected, though economic growth, the aftermath of winter storms and new housing starts made for a fairly strong Q2. In fact, many of the up-and-coming freight brokerages reported banner months in Q2 as their strategies took market share from competitors and they grew the overall size of the brokerage market.