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Newsby David CullenMay 12, 2017

PwC: Global M&A Activity Stayed Stable in First Quarter

In its Q1 2017 update on M&A activity in the global transportation and logistics space, PricewaterhouseCoopers reports that deal activity in the quarter remained stable.

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NewsMay 12, 2017

XPO Expands Chicagoland Last-Mile Network

XPO Logistics has announced an expansion of its last-mile logistics network in the Chicagoland area, effectively doubling the capacity of the company’s market delivery center in Chicago.

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Newsby Evan LockridgeMay 12, 2017

Economic Watch: Retail Sales Bounce Back along with Inflation Pressures

Retail sales in the U.S. bounced back in April after falling the month before as two readings of inflation also rebounded, all raising the prospect that the Federal Reserve will increase interest rates again in June.

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Articlesby Evan LockridgeMay 11, 2017

Analysis: Look Deeper Into GDP Numbers for Better Trucking Insight

GDP doesn't always tell the whole story of trucking's economic climate. That's why MacKay & Company developed its proprietary measure, Truckable Economic Activity, reflecting the portion of the GDP that spends its time in trucks.

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Newsby Evan LockridgeMay 11, 2017

Spot Freight Rates Higher Than Expected as Truckload Volume Dips

A gauge of the spot truckload freight market fell slightly last month but remained above levels from the same time the previous two years.

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NewsMay 11, 2017

35th Shell Rotella SuperRigs Starts May 18

The 35th Annual Shell Rotella SuperRigs truck beauty competition is set to take place from May 18-20 at the Exchange Center at Expo Square in Tulsa, Okla.

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NewsMay 11, 2017

NTTC Names Lee Miller Chairman

The National Tank Truck Carriers has selected Lee Miller to serve as the organization’s chairman of the board.

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Newsby Evan LockridgeMay 11, 2017

Earnings Watch: Schneider Profit Falls 19.8%, Covenant Reports Revised Loss

The truckload, intermodal and logistics services provider Schneider National Inc. reported its first earnings since going public last month, showing a decline in profitability, while another company has revised its earnings, pushing it into the red.

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Newsby Evan LockridgeMay 10, 2017

Spot Van, Reefer Rates Best Since January; Flatbeds Highest in Nearly Two Years

National average spot truckload rates for van, refrigerated, and flatbed freight rose during the week ending May 6, with van and reefer rates at their highest marks since January, according to DAT Solutions and its network of load boards.

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Newsby Evan LockridgeMay 10, 2017

Earnings Watch: Daseke Posts $8.6 Million Loss, Radiant Logistics Sees Small Profit

Flatbed carrier group Daseke Inc. has released its first earnings report since becoming a publicly traded company earlier this year. It shows that losses moved higher, but the company’s expectations remain high.

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