Economic Watch: Factory Shipments, Orders Hit Record Highs
Shipments of U.S. manufactured goods increased again in July, while new orders for them skyrocketed, with both hitting record high levels going back to 1992.
Shipments of U.S. manufactured goods increased again in July, while new orders for them skyrocketed, with both hitting record high levels going back to 1992.
Fleets operating 41,000 tractors and 130,000 trailers achieved fuel savings of $7,200 per year per truck by adopting a variety of new technologies, according to a new study released Wednesday by the North American Council for Freight Efficiency.
Central Freight lines has purchased the LTL assets of Georgia based company Drug Transport, Inc. expanding its business into the state.
The Washington State Department of Transportation expects a bridge expansion joint repair project to cause lengthy traffic backups and delays in Olympia Washington in mid-September.
Bulk chemical hauler Quality Carriers Inc. has expanded into the Charleston, South Carolina market in partnership with its sister company Boasso America Corporation.
The Truckload Carriers Association has opened up nominations for its annual Best Fleets to Drive For survey and contest.
Although its market share is not increasing as rapidly as it had expected, Navistar has made significant progress in cutting its warranty spend and other costs, and as a result posted a positive income number in its fiscal third quarter, despite lower sales than anticipated.
The North Carolina-based operation also affirmed its previously announced expectations for growth in its LTL revenue per hundredweight.
The number of posted loads on the spot-freight market outpaced available truckload capacity across all three major equipment types Aug. 24 through Aug. 30 compared to the previous seven days, however, rates generally remained in a holding pattern.
Instrument Sales and Service is expanding its remanufacturing business into the off highway, heavy-duty truck and fleet markets.
Celadon Trucking Services has ordered tractors for its new flatbed fleet which it acquired earlier this summer.
Logistics security services provider FreightWatch International said in the second quarter of 2014, it recorded 185 truck cargo thefts in the U.S., down 4.9% from the same time a year earlier.
UPDATED -- The average cost of on-highway diesel in the U.S. has fallen for the ninth straight week, hitting $3.814 per gallon, its lowest price since early July of 2012.
New registrations in the U.S. for Class 3 through Class 8 vehicles for the first half of 2014 totaled 310,718, an increase of 12.3% over the first half of 2013, according to a new report from Polk / IHS.
Eaton has expanded its Authorized Rebuilder Program to Canada as Pacific Truck in Edmonton, Alberta, becomes the fifth re-builder in the program.
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