American Trucking Associations announced several promotions to the association's senior staff, including Bob Costello and Elisabeth Barna.
As Congress struggles to preserve the Highway Trust Fund this summer and eventually pass a long-term highway bill, President Obama is using his executive authority to promote increased private investment in infrastructure. In remarks Thursday at the Port of Wilmington, Delaware, Obama announced a plan to help states and local governments use alternative financing for their infrastructure needs.
Earnings hit $18.7 million compared to $18.6 million in the second quarter of 2013 for the Illinois-based company.
Spot market freight rates has declined across the board in the most recent week, following healthy gains the week before, according to the freight matching service provider DAT.
Prices at the wholesale level rose 0.4% in June from the month before, according to new U.S. Labor Department figures, following a 0.2% decline in May and a 0.6% advance in April.