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Newsby Evan LockridgeOctober 17, 2014

Driver Turnover Increases, Recruiting Expected to Remain Tough

Driver turnover in the truckload sector continues to get worse, according to recently released figures, while a study of hard-to-fill occupations emphasizes the growing driver shortage.

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NewsOctober 16, 2014

Virginia Port Export Traffic Jumping, Truck Wait Time Slumping

Exports moving across Port of Virginia facilities in September helped drive a high amount of cargo through port terminals but officials concede truck wait times could be shorter.

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NewsOctober 16, 2014

ABF Freight President and CEO Retires, Replacement Named

The president and CEO of the trucking company ABF Freight System, Roy M. Slagle, retired on Wednesday following 37 years of service.

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Newsby Evan LockridgeOctober 16, 2014

Economic Watch: Industrial Production Jumps, Jobless Claims Plummet

Industrial production in the U.S. increased 1% in September, the biggest gain in nearly two years, and advanced at an annual rate of 3.2% in the third quarter of 2014. Manufacturing production was up for the quarter, led by mining, while last week's unemployment claims dropped.

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Newsby Evan LockridgeOctober 15, 2014

Graebel Sells Off Two Operations to All My Sons Moving Owners

Colorado-based Graebel Companies on Wednesday announced it had reached an agreement to sell Graebel Van Lines Inc. and the U.S. moving and storage operations of Graebel Movers Inc. to a rival’s newly created company.

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NewsOctober 15, 2014

UPS Freight Expanding Availability of Density-Based Pricing

CORRECTED -- UPS Freight is expanding its Density-Based Rating (also known as dimensional weight pricing) pricing option to all its customers.

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Newsby Evan LockridgeOctober 15, 2014

Spot Market Freight Rates Hardly Improve Over Previous Week

Rates on the spot freight market gained little ground if any, according to the latest weekly roundup of activity from the freight matching service provider DAT Solutions.

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Newsby Evan LockridgeOctober 15, 2014

Economic Watch: Retail Sales Lower, Producer Prices Fall

Retail sales in the U.S. during September stumbled a bit, marking the first month-to-month decline since January, while a separate report shows there is no reason for concern about inflationary pressures.

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Newsby Evan LockridgeOctober 15, 2014

Marten Transport Profit Falls Slightly

Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.

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Newsby Oliver PattonOctober 14, 2014

Boxer Keeps Pressure on Highway Funding

Sen. Barbara Boxer, D-Calif., continues to press for action on a highway bill this year, writing a letter last week to Rep. Dave Camp, R-Mich., chairman of the House Ways and Means Committee.

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