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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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Details of the deal have not been released, although PGT expects to complete it by early May.
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The California Air Resources Board on Friday adopted amendments to its Truck and Bus Regulation, giving new compliance options to fleets with three or fewer trucks and owner operators.
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The Federal Motor Carrier Safety Administration is proposing a rule change so carriers can sign and maintain important documents electronically. The proposal, part of an effort to cut paperwork, would codify a 2011 guidance in which the agency gave carriers the option of using electronic signatures and storing documents electronically.
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Another warning about infrastructure funding: 63,000 of the nation’s bridges are structurally compromised and at risk of not being repaired unless the Highway Trust Fund is preserved, says the American Road and Transportation Builders Association.
Read More →Con-way Freight announced the grand opening of its new Central Texas service center in Robinson. The facility will serve as the local hub from which the company will provide daily freight services for commercial and industrial businesses in the greater metropolitan regions of Waco, Robinson and other Central Texas communities.
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Kenworth of South Florida – Riviera Beach has opened a new parts and service location with eight service bays and a larger parts department than at its previous location.
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The Teamsters Union has rolled over on the desires of some of its members, overriding earlier votes that continued to delay a new national contract with parcel carrier UPS.
Read More →Shipments and new orders for manufactured durable goods in the U.S. both posted solid gains in March, according to a new U.S. Commerce Department report.
Read More →Parcel delivery and trucking giant UPS has reported a lower first quarter profit despite higher revenue, while another major less-than-truckload player hit a record.
Read More →The asset-light trucking and logistics provider Landstar System has reported record first quarter net income of $27.6 million, or 61 cents per diluted share, on record first quarter revenue of $688 million.
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