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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.
Called the Sunshine Gateway service, this ship to rail transfer allows the port to handle additional volumes and ensures that shipments move more quickly with the potential to reach 70% of the United States population in four days or less
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The latest housing starts figures show the housing market continues to move in the right direction, finally recapturing 2013 levels after a weak start to the year.
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According to Werner, freight market dynamics began showing year-over-year improvement for the company in mid-November 2013, and that trend has continued for the last eleven months, including the first three weeks of October.
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On Monday the U.S. Energy Department reported the sixth consecutive drop in the average price of diesel, down 4.2 cents from last week to $3.656.
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Canadian Pacific Railway Ltd. announced Monday that exploratory conversations held with CSX Corp. about a possible merger between the two railroads have ended. No further talks are planned.
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Residential construction in the U.S. has rebounded but remains volatile, hitting an annual rate of just more than 1 million units for only the third time this year in September, according to the U.S. Commerce Department.
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Driver turnover in the truckload sector continues to get worse, according to recently released figures, while a study of hard-to-fill occupations emphasizes the growing driver shortage.
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Industrial production in the U.S. increased 1% in September, the biggest gain in nearly two years, and advanced at an annual rate of 3.2% in the third quarter of 2014. Manufacturing production was up for the quarter, led by mining, while last week's unemployment claims dropped.
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Colorado-based Graebel Companies on Wednesday announced it had reached an agreement to sell Graebel Van Lines Inc. and the U.S. moving and storage operations of Graebel Movers Inc. to a rival’s newly created company.
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Rates on the spot freight market gained little ground if any, according to the latest weekly roundup of activity from the freight matching service provider DAT Solutions.
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