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Former Business Contributing Editor
Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
Rates on the spot freight market increased in all three major categories for the first time in weeks, according to the freight matching service provider DAT Solutions.
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Employment in the private sector increased again in February, but it was the weakest gain in six months.
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Accuride Corp. on Tuesday reported higher revenues in the final quarter of 2014 compared to a year earlier, but moved from a profit to a loss.
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Navistar International Corp. announced on Tuesday that it is still losing money, but nowhere near as much as it did a year earlier, thanks to higher sales and lower warranty costs.
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Diesel prices continue rebounding since hitting their lowest level in five years last month gaining 3.6 cents this week to reach a national average of $2.93 per gallon.
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Growth continued in the U.S. manufacturing sector during February, according to two separate reports released Monday, but they showed different trends.
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U.S. consumer spending fell slightly in January as gasoline prices remained low, according to new Commerce Department report released Monday.
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The value of freight moved between the U.S. and its North America neighbors increased for the 11th consecutive month in December while the total level for 2014 was better than the year before.
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Retail prices fell in January from the month before and from a year earlier, marking the first annual drop in more than five years.
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Rates on the spot freight market appear to have stabilized following three straight weeks of declines with a hike in one sector, according to the freight matching service provider DAT Solutions.
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