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Consumer prices rose again in June, but the pace was less than it was the month before, according to the U.S. Labor Department.
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Trucking company Heartland Express saw its second quarter net income increase 38.7% compared to the same time a year ago, while revenue skyrocketed 69.3% during the same time.
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The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.8% in June, following a revised 0.9% gain the previous month.
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Why is the government filing charges against parcel delivery and trucking giant FedEx? That is the key question said the investment firm Stifel in a note to investors following FedEx disclosing last week it had been indicted by the federal government for allegedly engaging in unlawful distribution of controlled substances.
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The Federal Motor Carrier Safety Administration is warning carriers to be on the lookout for new fraud schemes as thieves try to get financial or banking information.
Read More →The SC Ports Authority reported a strong finish for the 2014 fiscal year on Monday with 8% container growth, an increase of 2% over projected plans.
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Trucking and logistics company Werner Enterprises saw its profit slip in the second quarter of the year despite increased revenue.
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The total headquarters project requires a $150 million investment by Daimler Trucks North America. Work began in April 2014 to clear the land for construction of the new building with project completion slated for early 2016.
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The Colorado Department of Transportation has started work on the Eastbound I-70 Peak Period Shoulder Lane project creating temporary eastbound express lane between Idaho Springs and Empire, but commercial trucks will not be able to use them.
Read More →Asset-light trucking and logistics provider, Roadrunner Transportation Systems, has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.
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