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The ATA is urging Congress to quickly adopt a short-term measure to keep the Highway Trust Fund afloat to help ensure that a comprehensive long-term highway bill gets passed in this calendar year.
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Natural gas engine provider Westport Innovations Inc. said last week it thinned financial losses in the second quarter of the year despite a 30% drop in revenue.
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The national average cost of a gallon of on-highway diesel fuel rose slightly to $2.878, continuing a four-week streak of price increases. The national average cost of a gallon of gasoline also increased this week, gaining 2.7 cents to $2.691.
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While the number of incidents of cargo thefts in the U.S. declined in the first quarter of the year from the same time in 2014, the average value of each heist jumped 25%, according to the logistics security services provider FreightWatch International.
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North American freight shipment volume and payments were up for the third month in a row during April, according to the latest readings from the Cass Freight Index.
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Trucking brought in over $700 billion, the highest revenue ever for the industry, according to an American Trucking Associations report.
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Spot market freight volume in April followed a typical seasonal pattern, declining 10% from March, while rates posted a more moderate drop
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Cummins has pledged both to reduce carbon emissions from its products in-use and to streamline the logistics of the company’s managed freight as part of a global sustainability effort.
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President Obama has announced he will nominate Greg Nadeau to serve as the next Administrator of the Federal Highway Administration. Nadeau, 58, will replace Victor Mendez, who in July was named Deputy Secretary of the Department of Transportation.
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The FTR Trucking Conditions Index fell slightly in March to a reading of 7.3, reflecting lessened demand for truck services and normalizing fuel costs.
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