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There is increasing evidence that the supply of trucks available to move freight is outpacing demand, based on a flurry of recently released reports – but it’s also helping push freight rates higher. What's behind the capacity crunch?
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Overall truck speeds worsened at the top five bottlenecks on ATRI's list with peak speeds falling by an average of 6% at these locations.
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Steve Crowley, who retired as president and CEO of Vipar Heavy Duty in 2016, was inducted into the Aftermarket Industry Hall of Fame during Heavy Duty Aftermarket Week in Las Vegas.
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An increase in the price of crude oil is largely responsible for another jump in the value of freight moved between the U.S. and its two North American Free Trade Agreement partners, according to new U.S. Transportation Department figures.
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A barometer of where the U.S. economy is headed over the next several months showed it continued to increase, according to a report released on Thursday, while a separate one revealed sales of new homes in the U.S. tumbled in the final month of last year but improved for all of 2017.
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SAF-Holland has announced its continued support of the Wyakin Foundation through its Gold Line Quality Parts product line with Vipar Heavy Duty members, donating $60,000 to the charitable group.
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Commercially available beginning April 1, Monroe Magnum shock absorbers will combine an extensive range of advanced design and construction features.
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The national price of diesel fuel dropped by $0.003 the week of January 22 compared to the previous week but has increased by $0.456 compared to one year ago, according to the U.S. Energy Information Administration (EIA).
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Meritor made a series of announcements at Heavy Duty Aftermarket Week in Las Vegas, including launching an aftermarket air spring line, expanding king pin kit offerings, and providing a corrosion-resistant coating on hydraulic brake rotors.
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“Customer service is transactional,” said Colin Gold, owner of Gold Level Hospitality, during Heavy Duty Aftermarket Week. “What you really want to do is create a fan culture.”
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