Economic Watch: Durable Good Shipments and Orders Leap
Shipments and new orders for manufactured durable goods in the U.S. both posted solid gains in March, according to a new U.S. Commerce Department report.
Shipments and new orders for manufactured durable goods in the U.S. both posted solid gains in March, according to a new U.S. Commerce Department report.
Parcel delivery and trucking giant UPS has reported a lower first quarter profit despite higher revenue, while another major less-than-truckload player hit a record.
The asset-light trucking and logistics provider Landstar System has reported record first quarter net income of $27.6 million, or 61 cents per diluted share, on record first quarter revenue of $688 million.
Dry-van trucking company PAM Transportation Service has moved back into the black with the release of its first quarter financials.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has announced proposed changes to the fees it charges to recoup costs for conducting agricultural quarantine inspections at U.S. ports of entry.
Gov. Maggie Hassan says she will sign legislation given final approval by state lawmakers this week, raising both by four cents from the current 19.625 cents per gallon.
Two of five transportation modes, truck and pipeline, carried more U.S.-North American Free Trade Agreement freight in February 2014 than compared to the same time a year earlier, according to new U.S. Transportation Department figures.
The first known lawsuit stemming from a crash between a FedEx Freight truck and a bus that killed 10 people earlier this month has been filed.
The truckload carrier Knight Transportation saw its first quarter profit surge 26% above the level from the same time a year ago, according to just released numbers.
UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.
Spot market freight rates have recovered somewhat after declining across the board last week, according to new numbers from the freight matching service provider DAT.
Both directions of Interstate 94 in St. Paul, Minn., will close this weekend as crews continue work on the Highway 52 Lafayette Bridge east of downtown St. Paul.
Iowa-based truckload carrier Heartland Express has reported record operating revenue for the first quarter of the year, but its profit fell 28.4% from the same time a year ago.
The trucking company Swift Transportation has agreed to pay $4.4 million to settle a federal class action lawsuit over claims if failed to inform prospective drivers about their rights involving records used during the hiring process.
Stoughton Trailers announced that it has filed an unfair trade petition regarding imports of 53-foot domestic dry containers (“domestic containers”) from China.
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