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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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Sales of new homes in the U.S. fell 7% in December from the month before, following a November drop of 3.9% from the month before, according to a new U.S. Commerce Department report.
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The Obama administration continues to send urgent signals that the Highway Trust Fund is in trouble. In remarks Monday to the American Trucking Associations Executive Committee, Peter Rogoff, acting under secretary at the Transportation Department, said the fund probably will run into the red before the program ends Oct. 1.
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Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.
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The parent to several freight transportation providers, including Covenant Transport, has released numbers showing net income doubled in the final quarter of the year, but there was a slight decline for all of 2013.
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XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.
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LAS VEGAS -- The economic expansion is likely to continue through the balance of the year, predicts Bob Dieli, president and founder of RDLB Inc., an economic research and management consulting firm.
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Building work officially began on the new 25,500 square-foot bespoke facility being built for Haldex, at MIRA Technology Park in Hinckley. To celebrate, a ground-breaking ceremony was held with a number of senior representatives from both companies.
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R. Kyle Treadway, former chairman of the American Truck Dealers, was named the 2014 Truck Dealer of the Year award on Saturday by American Truck Dealers and Heavy Duty Trucking magazine.
Read More →YRC Worldwide's teamster drivers have voted in favor of an offer that clears the way for a $1.4 billion refinancing plan.
Read More →December 2013 slowed in many segments of the market, but 2014 will probably resume healthy activity, says the Truck Blue Book analysis.
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