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Newsby Evan LockridgeOctober 14, 2015

Freight Shipments, Payments Increase After Two Monthly Declines

Freight shipments and payments rose in September following two straight monthly declines, according to the latest Cass Freight Index.

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Newsby David CullenOctober 14, 2015

Mack Celebrates In-House Assembly of Drive Axles

Before an enthusiastic standing-room-only crowd, largely composed of hundreds of assembly line workers, Mack Trucks executives ushered in the new axle production line installed at its Hagerstown, Md., powertrain assembly plant.

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NewsOctober 13, 2015

Driver Turnover Hits 87% at Large Truckload Carriers

Driver turnover at large truckload fleets rose to an annualized rate of 87% in the second quarter of 2015. Despite the increase it is below recent averages.

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Newsby Evan LockridgeOctober 13, 2015

Ryder is Latest to Revise Earnings Outlook

Ryder System Inc. has become the latest trucking operation to revise downward expectations for its upcoming third quarter earnings.

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NewsOctober 12, 2015

Large Carriers Lead in Rates, Revenue and Retention

Large carriers lead the trucking industry on several key metrics including per-mile rates, driver retention, and revenue-per-driver, according to a recent survey conducted by transportation consultation firm Katz, Sapper & Miller.

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NewsOctober 12, 2015

Maverick President to Retire, Successor Named

Maverick president and chief operating officer, Stephen Selig has announced his retirement and the company has named executive vice president and chief financial officer, John Culp, his successor.

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NewsOctober 12, 2015

Arrow Trucking CEO Sentenced to 7.5 Years for Tax Fraud

The former head of the defunct carrier Arrow Trucking, James Douglas Pielsticker, has been sentenced to 7 ½ years in prison for tax evasion and fraud.

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Newsby Evan LockridgeOctober 9, 2015

Spot Freight Market Steady, Rates Down

Spot market freight volume remained relatively stable in September, edging down only 0.6% month over month as rates declined from both the month before and a year earlier, according to monthly numbers from DAT.

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Newsby Deborah LockridgeOctober 8, 2015

Slow Economic Growth Likely to Continue; Fed Policy Big Unknown

One economist is predicting continued slow growth for the economy, but believes our current economic models aren’t working when it comes to federal fiscal policy.

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Newsby David CullenOctober 8, 2015

Truck Size/Weight Study Dinged by Outside Agency

The Dept. of Transportation’s Comprehensive Truck Size and Weight Limits Study “lacks a consistent and complete quantitative summary of the alternative configuration scenarios... and major categories of costs are not estimated,” contends a study review released by the Transportation Research Board.

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