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July Imports Poised to Set Container Record
The National Retail Federation projects July container imports will surpass the pandemic-era record as shippers frontload freight ahead of expected August tariff increases.
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SEARCHMENUSEARCHThe National Retail Federation projects July container imports will surpass the pandemic-era record as shippers frontload freight ahead of expected August tariff increases.
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YRC Worldwide continues to make progress when it comes to refinancing its debt following a preliminary agreement that was secured last month.
Read More →Consumer spending in the U.S. posted modest gains in December and all of last year, according to new Commerce Department figures.
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Multiregional less-than-truckload carrier Saia reported improved fourth quarter and 2013 financial results, while truckload fleet Celadon had higher revenue but lower earnings, and asset-light Landstar System had record fourth-quarter revenue and higher earnings.
Read More →The U.S. economy expanded at a healthy pace in the final quarter of last year amid a big jump in consumer spending, according to new Commerce Department figures.
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The parent company to less-than-truckload carrier ABF Freight System and ground expedite fleet Panther Expedited Services reported a profit in the final quarter of 2013 after reporting a loss a year earlier.
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Trucking, parcel and logistics giant UPS increased profit in the final quarter of the year and for all of 2013.
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A field test of the 34-hour restart provision of the new hours-of-service rule shows that the restrictions improve safety, the Federal Motor Carrier Motor Safety Administration reports.
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The Federal Motor Carrier Safety Administration has expanded emergency declarations it issued earlier this month, waiving enforcement of some federal regulations for certain movements of propane and other home heating fuels due to shortages
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In one of his final moves as Federal Reserve Chairman, Ben Bernanke on Wednesday announced the central bank would continue trimming its monthly purchases of mortgage and Treasury securities that it recently started.
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Police and roadside inspectors are calling for changes in how the Department of Transportation administers the truck safety program. At a hearing Tuesday before the House Subcommittee on Highways and Transit, Thomas Fuller, a sergeant in the New York State Police, outlined what the enforcement community wants in the next highway bill.
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