Spot Freight Rates Give Back Some of Last Week’s Gains
This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.
This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.
The U.S. Federal Reserve on Wednesday announced it would further reduce a stimulus program for the nation’s economy and is leaving interest rates unchanged.
The Bay Area Air Quality Management District announced that it will allocate $5 million dollars to fund more of the truck replacement applications received during the recent Goods Movement Program solicitation. The funds will be used to assist Bay Area truck owners in meeting the state’s approaching air quality mandates.
A truck driver pleaded guilty in federal court on Wednesday for his role in a cargo theft ring that included a theft in West Plains, Mo.
The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.
A distracted truck driver failed to slow down, stuck the car ahead of him and pushed it off the Chesapeake Bay Bridge into the water 27 feet below. That’s the official National Transportation Safety Board conclusion in its analysis of the July 19, 2013, accident. The car’s driver managed to get out of the sinking vehicle and swim to safety with minor injuries.
The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.
Wyoming will soon join an elite club of states with speed limits of 80 mph or greater -- but drivers shouldn't hit the accelerator just yet.
Plans to build a new bridge over the Columbia River linking Oregon and Washington along Interstate 5 are dead, and there is no indication when and if they will be revived.
The American Trucking Associations' For-Hire Truck Tonnage Index performed better in February after plunging 4.5% in January, but weather was still a factor in the numbers.
The Schneider logo has been refreshed and has a more contemporary design that accurately reflects the broad geographies it serves. The company’s previous logo had been in existence since 1985, which positioned the organization well at the time.
Benchmarking ProjectMcLeod Software and Katz, Sapper & Miller have come together to create a joint project to provide an operations level benchmark for the trucking industry. This initiative seeks to break new ground in giving truckload carriers the opportunity to measure the real performance of their operations against their peers.
Asset-light trucking company, Roadrunner Transportation Systems, has acquired all of the outstanding stock of Unitrans International, a non-asset based provider of international logistics solutions based in Los Angeles, Calif.
More details have started to emerge about which trucks models are included in a recall announced earlier this month in which more than 25,000 Cummins and Cummins Westport natural gas powered engines are being recalled.
Manufacturing increased 0.8% compared to the month before, nearly erasing a 0.9% decline in January, which the Fed attributed to extreme weather.
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