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Newsby Evan LockridgeFebruary 16, 2014

Economic Watch: Industrial Production Drops, Consumers Optimism Unchanged

Industrial production in the U.S. decreased 0.3% in January after having risen 0.3% in December, according to numbers from the U.S. Federal Reserve released on Friday. This decline in the total output from the nation’s factories, mines and utilities is the largest drop since May 2009.

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NewsFebruary 14, 2014

Averitt Rolls Out Climate Controlled LTL Container Service

Less-than-truckload carrier Averitt Express started offering this month climate-controlled services in self-contained, self-powered LTL shipping units. These units can be combined with dry cargo and other climate controlled units.

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NewsFebruary 14, 2014

YRC Worldwide Completes Debt Refinancing

The parent to several trucking companies YRC Worldwide has announced it has closed on the financing of a new $700 million term loan and a $450 million asset-based loan.

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Newsby Evan LockridgeFebruary 13, 2014

Economic Watch: Retail Sales Drop on Cold Weather, Weak Income Growth

Retail sales in the U.S. have fallen for a second straight month according to new U.S. Commerce Department figures.

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NewsFebruary 13, 2014

Spot Market Freight Availability Second Best on Record, Rates Up from 2013

Spot market freight availability rose 24% in January, exceeding December levels for only the second time since 1996, according to new figures from the the freight-matching service provider DAT.

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NewsFebruary 13, 2014

Call for Speakers for Green Fleet Conference & Expo

The Green Fleet Conference & Expo planning committee is working on the 2014 schedule and is looking for input and ideas. The 2014 event will be in Schaumburg, Ill. on Oct. 29-30 at the Renaissance Schaumburg Convention Center Hotel.

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NewsFebruary 13, 2014

Old Dominion Expands in Albany, N.Y.

Old Dominion Freight Line Inc. recently relocated its Albany Service Center to a larger facility. The newly constructed service center contains 72 doors – a 45% increase from the previous facility. Old Dominion employs 50 people at this location.

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NewsFebruary 13, 2014

Truckload Linehaul and Intermodal Prices Head Higher in January

Truckload linehaul rates paid in January increased 2.9% from the same time a year earlier, resulting in the largest year-over-year increase in linehaul rates since last February.

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NewsFebruary 13, 2014

Pilot Travel Center Opens in Big Spring, Texas

Pilot Flying J announced the opening of a new Pilot Travel Center in Big Spring, Texas, to better serve professional drivers. The Pilot Travel Center is the 43rd location in Texas and will add 75 new jobs to help boost the local economy.

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NewsFebruary 13, 2014

Karmak Introduces Lisa McCloud as Director of Marketing

Karmak Inc., specialists in profit improvement for the heavy-duty industry, introduces Lisa McCloud as Director of Marketing.

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