
Truckload Rates Keep Rising as Tight Capacity Fuels Freight Market Recovery
Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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New Jersey lawmakers have approved a bipartisan deal that not only raises fuel taxes in the Garden State for the first time in three decades, it substantially hikes them— by 23 cents per gallon for gasoline and by 27 cents for diesel.
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The Heico Companies has acquired Dutch firm Ancra Systems B.V. with plans to bring the company’s automatic truck loading/unloading system to North American markets.
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ATRI is still looking for carrier and driver participation in a set of surveys it launched with the Mayo Clinic on the impact that the National Registry of Certified Medical Examiners has had on the DOT medical exam process.
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Schneider intends to pursue an initial public offering of common stock next year, according to a statement.
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Interstate 95 is closed in multiple locations between Exit 77 (Dunn, N.C.) and the South Carolina state line due to flooding in the wake of Hurricane Matthew, according to the latest update issued by the North Carolina Department of Transportation. In addition, I-40 West is closed between Exit 341, NC-55 to Exit 334, NC-96 between Newton Grove and Benson, also due to flooding.
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American Trucking Associations' new president introduces himself to members, plus scores of product introductions and a lot more, those are just some of the highlights at this year’s annual ATA Management Conference & Exhibition.Business Editor Evan Lockridge reports.
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Continuing to battle Rhode Island’s truck-only tolling plan, the American Trucking Associations is again questioning how the Ocean State will restrict trucks from avoiding its planned new automated tolls.
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Trucking employment in the U.S. slipped in September despite overall non-farm job growth moving higher for the 72nd straight month, according to a new Labor Department report. But other reports indicate manufacturing is regaining some steam, fueling speculation over an interest rate hike.
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New York Governor Andrew Cuomo has unveiled a plan to reduce traffic congestion in the New York City are by automating tolling of eight bridges and two tunnels.
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A new report says the industry will likely see a pre-emission boom in Class 8 truck sales in 2019 and 2020, before a sharp drop into 2021 — but others say this time around is different.
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