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With strong demand and tight capacity continuing, Knight Transportation's third-quarter profits are up more than 66% over a year ago, thanks to higher revenue per tractor and per loaded mile and fewer empty miles.
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Cargo container traffic rose 7.3% in September at the Port of Long Beach compared to the same month last year, marking the Southern California seaport’s busiest September since 2007, the Port’s peak year.
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Vans reported the biggest decline from Oct. 12 through Oct. 18 compared to the previous seven days, falling 1% to an average of $2.01 per mile, though the rate has been above the $2 per mile level for most of the year.
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The acquisition of Tennessee-based carriers adds a combined 220 new drivers, 210 tractor trucks and over 500 trailers to the P&S fleet offering reefer, flatbed and dump trucking services to customers including the aluminum, steel, food and building materials industries, according to PS Logistics.
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The decline was not surprising with the company announcing last month it was hit with a multi-million dollar judgment.
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Consumer prices in the U.S. remained in check during September, increasing just 0.1%, according to the U.S. Labor Department.
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Called the Sunshine Gateway service, this ship to rail transfer allows the port to handle additional volumes and ensures that shipments move more quickly with the potential to reach 70% of the United States population in four days or less
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Schilli integrated ALK Maps with its fleet management tools to track drivers and increase efficiency.
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The latest housing starts figures show the housing market continues to move in the right direction, finally recapturing 2013 levels after a weak start to the year.
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The amount of truck tonnage hauled in the U.S. during September was unchanged from the month before remaining at a record high level, according to new American Trucking Associations figures.
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