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Newsby Evan LockridgeMarch 19, 2014

Spot Freight Rates Give Back Some of Last Week’s Gains

This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.

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Newsby Evan LockridgeMarch 19, 2014

Economic Watch: Fed Further Reduces Stimulus Program

The U.S. Federal Reserve on Wednesday announced it would further reduce a stimulus program for the nation’s economy and is leaving interest rates unchanged.

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NewsMarch 19, 2014

Trucker Pleads Guilty for Role in Cargo Theft Ring

A truck driver pleaded guilty in federal court on Wednesday for his role in a cargo theft ring that included a theft in West Plains, Mo.

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NewsMarch 19, 2014

Biglari Holdings Purchases Truck Insurer First Guard

The investment holding company Biglari Holdings has acquired trucking insurance provider First Guard Insurance Co. and its affiliate, 1st Guard Corp.

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NewsMarch 19, 2014

Distraction Was Key in Chesapeake Bay Bridge Crash

A distracted truck driver failed to slow down, stuck the car ahead of him and pushed it off the Chesapeake Bay Bridge into the water 27 feet below. That’s the official National Transportation Safety Board conclusion in its analysis of the July 19, 2013, accident. The car’s driver managed to get out of the sinking vehicle and swim to safety with minor injuries.

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Newsby Evan LockridgeMarch 18, 2014

Economic Watch: Inflation Tame, Housing Starts Slip

The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.

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NewsMarch 18, 2014

Plans Dead for New I-5 Span over Columbia River

Plans to build a new bridge over the Columbia River linking Oregon and Washington along Interstate 5 are dead, and there is no indication when and if they will be revived.

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NewsMarch 18, 2014

ATA Truck Tonnage Index 'Moving in Right Direction Again'

The American Trucking Associations' For-Hire Truck Tonnage Index performed better in February after plunging 4.5% in January, but weather was still a factor in the numbers.

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NewsMarch 18, 2014

Schneider Rolls Out New Logo

The Schneider logo has been refreshed and has a more contemporary design that accurately reflects the broad geographies it serves. The company’s previous logo had been in existence since 1985, which positioned the organization well at the time.

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NewsMarch 18, 2014

KSM & McLeod Software Announce New Operations Performance

Benchmarking ProjectMcLeod Software and Katz, Sapper & Miller have come together to create a joint project to provide an operations level benchmark for the trucking industry. This initiative seeks to break new ground in giving truckload carriers the opportunity to measure the real performance of their operations against their peers.

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