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The amount of freight carried by the for-hire transportation industry in the U.S. rose 0.4% in August from July, rising for the second consecutive month to reach the second highest level in the history of the Bureau of Transportation Statistics’ Freight Transportation Services Index which goes back to 2000.
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Those in trucking who want to pull out their hair when they see a law enforcement officer using a laptop computer while going down the road will soon be able to keep from going bald in one state.
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A number of factors negatively impacted the third quarter of 2013, it said in a release, which has resulted in expected earnings below original estimates.
Read More →Achates Power, Inc.—developer of internal combustion engines that increase fuel efficiency, reduce greenhouse gas emissions and are lower cost—announced growing market traction for its opposed-piston engine technology with the addition of $35.2 million in Series C financing.
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Freight rates are generally up on the spot market while the amount of available freight has declined a little.
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Modest optimism regarding rates and volumes, and a rising number of unseated trucks, continues to influence whether carriers will add capacity.
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The Truckload Carriers Association has nameed Robert Barrett of Paris, Tenn., as a Highway Angel. Barrett drives for Milan Express and is being recognized for acting quickly to put out a fire for a fellow motorist.
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It notes that all companies under FMCSA jurisdiction are required to perform the update every two years as part of the new Unified Registration System...
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UPS plans to invest approximately $50 million to build an additional nine liquefied natural gas fueling stations, bringing the total number of stations to 13. Four were announced in April, and all should be operational by the end of 2014.
Read More →A $5 million lawsuit has been filed against Roehl Transport over allegations that it payed student truck drivers less than the federal minimum wage.
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