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Kenworth and Paccar Financial are offering an Extended Warranty Program for U.S. customers purchasing new Kenworth Class 8 trucks financed through PACCAR.
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Shipping companies represented by the Pacific Maritime Association are suspending the loading and unloading of vessels during four of the next five days as labor unrest at West Coast Ports continues.
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Regional parcel carrier LSO, has announced the acquisition of Express Courier International, a same-day carrier in the southeast and mid-south region, to form what it describes as “a super-regional parcel carrier.”
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U.S. retail sales slumped in January for the second straight months, falling 0.8% from the month before, according to a new Commerce Department report and double the amount forecast by many economists.
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Urgent need was the phrase most emphasized during the first hearing of the U.S. House Committee on Transportation & Infrastructure on reauthorizing the surface-transportation bill, which was held Wednesday on Capitol Hill.
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The latest reading on freight movements in the U.S. shows the amount carried by the for-hire transportation industry was virtually unchanged in December from November, failing to rise after five consecutive months of increases, according to the U.S. Department of Transportation.
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The time-definite trucking and logistics services provider Forward Air Corp. has released figures showing a modest increases in earnings.
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The amount of freight available on the spot market has increased, but rates are doing anything but following in the same footsteps, hitting their lowest levels in at least four weeks.
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USA Truck Inc. on Wednesday reported net income of $6.03 million for 2014, its first annual profit following five straight years of losses.
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North American shipment volumes and total spending on freight both dropped in January, according to the Cass Freight Index, but they were also at their highest level for the month in at least three years.
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