News
FTR Says Freight Rates Surged in May
FTR's Trucking Conditions Index surged to a record high in May, the analytics firm reports.
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SEARCHMENUSEARCHFTR's Trucking Conditions Index surged to a record high in May, the analytics firm reports.
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The White House Office of Management and Budget has cleared a proposal to prohibit coercion of drivers by carriers, shippers or receivers. OMB sent the proposal back to the Federal Motor Carrier Safety Administration, typically a signal that a Federal Register notice is pending.
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Trucking Moves America Forward gained momentum with its first major partnership, announcing an agreement with Love’s Travel Stops. This comes days after TMAF shared it had raised more than a half-a-million dollars since its March launch.
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UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.
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The parent company to the carrier YRC Freight and others moved to a bigger loss in the first quarter of the year.
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Trucking company parent Con-way Inc. has reported 2014 first quarter net income of $12.9 million, or 22 cents per diluted share, compared to first quarter 2013 net income of $14 million, or 25 cents per diluted share, a 7.9% decline.
Read More →The Canadian owner of various trucking operations has announced one of its leaders will soon be leaving.
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The Arizona-based company reported net income of $12.3 million, or nine cents per diluted share, compared to first quarter 2013 profit of $30.3 million, or 21 cents per diluted share.
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A national coalition of transportation companies formed three years ago to advance trucking fleet safety initiatives announced it supports major components within President Obama’s four-year $302 billion transportation plan released this week, however, there is one area in which it disagrees.
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Remanufacturing has been in the news quite a bit lately. I recently wrote about the need to include remanufactured parts as an integral part of your fleet’s overall parts strategy.
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UPDATED -- The American economy picked up very little steam in the first quarter of the year, recording its weakest reading since the fourth quarter of 2012, according to a new U.S. Commerce Department report released Wednesday.
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