Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.
The American Trucking Associations remains committed to seeing a surface transportation package passed this year that will ensure a long-term fix for the Highway Trust Fund.
Kalmar Ottawa and Orange EV are collaborating on a zero-emission, electric terminal tractor. The companies will incorporate Orange EV’s technology into the Kalmar Ottawa T2 terminal tractor.
The holding company for trucking companies Covenant Transport and others moved to a profit from a loss in the first quarter of the year.
Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.
A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.
The Federal Motor Carrier Safety Administration is seeking public comment on its potential development of a program that would take into consideration a motor carrier’s “proactive voluntary implementation of state-of-the-art best practices and technologies” when evaluating the company’s safety program.
Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.