One of the biggest drivers of the U.S. economy posted broad-based gains in January, which could ease fears following earlier indications that overall activity was slowing. However, a separate report on inventories still raises concerns about a bumpy ride.
The number of freight shipments and the dollars spent on freight declined again in January as part of a seasonal trend. However, that's not necessarily a sign of further weakening for the overall economy, according the latest Cass Freight Index report.
Driver wage increases may be limited by slowdown in freight in the fourth quarter of 2015, according to a carrier survey by Transport Capital Partners.
UPS Freight President Jack Holmes has announced his retirement after working for the company for 37 years and will be succeeded by Mid-Atlantic District Manager Rich McArdle.
Business analytics and insight company IHS has signed an agreement to acquire Oil Price Information Service, a pricing reporting agency that serves the oil, natural gas and biofuels industries.
Modern Tire Dealer and Heavy Duty Trucking magazines have completed an in-depth research project that provides an expansive look at truck tires and their maintenance.
UltraShipTMS has released an upgrade to the truck driver payroll portion of its transportation management system platform.
Nissan will offer a redesigned half-ton Titan powered by a pair of gasoline engines that shares no chassis components with its bigger brother, the Titan XD.