Spot Freight Rates Hold, Freight Availability Down Slightly
The summer doldrums appear to have kicked in on the spot freight market, with rates barely moving for the second straight week, according to the freight matching service provider DAT.
The summer doldrums appear to have kicked in on the spot freight market, with rates barely moving for the second straight week, according to the freight matching service provider DAT.
Sales of used Class 8 trucks sold in July were 2% better than the month before, as selling prices remained high.
UPDATED -- A coalition of industry groups is putting pressure on the Federal Motor Carrier Safety Administration to remove CSA safety scores from public view. In an August 22 letter to Transportation Secretary Anthony Foxx, American Trucking Associations and 10 other groups said the scores are not likely to provide an accurate assessment of a carrier’s safety.
The Commercial Vehicle Safety Alliance has announced that the Annual Brake Safety Week will run Sept. 7-13.
The Alabama State Port Authority finalized its purchase this week of two industrial properties including a 35-acre tract fronting the seaport’s channel and a 63-acre industrial tract within one mile of the harbor for expansion.
If you have been enjoying the recent drop in fuel prices, expect it to continue into next year, according to the U.S. Energy Department’s latest Short Term Energy Outlook.
One of USA Truck’s minority investors and its manager are calling for changes within the trucking company, including selling off all or part of to ousting its current leader.
The parent company of bulk tanker carrier Florida Rock and Tank Lines filed papers a few days ago to spin off the trucking business into a new holding company that is separate from its real estate ventures.
Former Roadrunner executive Donald R. Foust has been named as the new president of YRC Worldwide’s regional less-than truckload operation New Penn, according to a filing with the Securities and Exchange Commission.
UPDATED -- Shipments and new orders for manufactured durable goods continue moving higher, with both hitting record levels -- but the numbers may not be as bright as they seem.
The Healthy Trucking Association of America, in conjunction with OraSure Technologies and AbbVie, has launched the Truckers Rolling Against Hepatitis C nationwide initiative.
There seems to be no letting up when it comes to recent declines in the average price of on-highway diesel, with it hitting its lowest level since July 2013.
What one media outlet calls a “landmark decision” by a federal court pushes aside a nearly decade-long federal protection for vehicle leasing companies. It's expected to affect trucking companies whose owner-operators are involved in accidents when certain leasing arrangements are used.
The northbound lanes of I-495 through Wilmington have been reopened following the successful realignment of the bridge spanning the Christina River.
Two automotive and truck parts distributors in the Upper Midwest, Automotive Parts Headquarters and United Auto Supply, are joining forces.
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