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Sales for used Class 8 trucks fell by 10% in August compared with the previous month and 6% compared to last year according to a report by ACT Research.
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The latest reading on the U.S. economy shows consumers have a dimmer view this month, according to one private research group.
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The new services enhance operations, reduce costs and increase safety for customers, and eliminate the need for aftermarket hardware purchases and installation costs for Macks built recently.
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The Department of Transportation still needs to improve its administration of a key grant program, says the Government Accountability Office. GAO said that while the department has made improvements in the $4 billion TIGER program, it should add more detail to the guidelines it uses to choose recipients of the grants.
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Old Dominion Freight line added drayage facilities in Dallas and Nashville, which it says are strategically positioned near major railheads to accommodate growing demands domestically and globally.
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A federal grand jury in Kentucky had indicted three people with various trucking companies on charges they attempted to defraud customers.
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A highway bill is “in the realm of the doable” in the next two years, said House Speaker John Boehner, R-Ohio, in remarks on ABC’s This Week on Sunday. In a conversation with host George Stephanopoulos Boehner said that both he and President Obama came to Washington to get something done rather than butt heads.
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Swift Transportation has affirmed earlier expectations for a third-quarter performance of 33 cents to 37 cents adjusted earnings per share, saying its driver wage increase is having desired results.
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The Association of American Railroads reports for the week ending Sept. 20 intermodal rail volume was 279,777 units, breaking the previous record set the week before.
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Personal spending in the U.S. increased 0.5% in August from the month before, according to a new Commerce Department report. However, the pace may be slower than it should be to support the continued pace of manufacturing, says one analyst.
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