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The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.
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Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.
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The truckload and logistics services provider, Transport Corp. of America Inc., announced this week Scott Arves will be stepping down as president on June 1.
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New bipartisan legislation introduced in the Senate could help bridge the highway funding gap by expanding the use of tax-exempt bonds and implementing a new tax credit to help state and local governments pay for infrastructure projects.
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Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.
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The U.S. Supreme Court has denied motions seeking to overturn a ruling that upheld a California statute requiring a paid 10-minute rest break every four hours and a paid 30-minute meal period every five hours for truck drivers.
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USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.
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Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.
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April Class 8 truck orders were down compared to March as well as to the previous year, according to preliminary data, but the drop was not unexpected.
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A recent fleet survey predicts that both Class 8 and trailer orders will improve in the second quarter over the January-March time frame. The survey was conducted by CK Commercial Vehicle Research.
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