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Industrial production in the U.S. decreased 0.3% in January after having risen 0.3% in December, according to numbers from the U.S. Federal Reserve released on Friday. This decline in the total output from the nation’s factories, mines and utilities is the largest drop since May 2009.
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Mexico’s biggest trucking association has filed a $30 billion dollar arbitration claim against the United States for refusing to fully open the country to trucks from south of the border, as called for in the North American Free Trade Agreement.
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The parent to several trucking companies YRC Worldwide has announced it has closed on the financing of a new $700 million term loan and a $450 million asset-based loan.
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Less-than-truckload carrier Averitt Express started offering this month climate-controlled services in self-contained, self-powered LTL shipping units. These units can be combined with dry cargo and other climate controlled units.
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Mack Trucks announced that East Texas Mack Sales, in Longview, Texas, is its 2013 North American Distributor of the Year.
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Karmak Inc., specialists in profit improvement for the heavy-duty industry, introduces Lisa McCloud as Director of Marketing.
Read More →Pilot Flying J announced the opening of a new Pilot Travel Center in Big Spring, Texas, to better serve professional drivers. The Pilot Travel Center is the 43rd location in Texas and will add 75 new jobs to help boost the local economy.
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Truckload linehaul rates paid in January increased 2.9% from the same time a year earlier, resulting in the largest year-over-year increase in linehaul rates since last February.
Read More →Old Dominion Freight Line Inc. recently relocated its Albany Service Center to a larger facility. The newly constructed service center contains 72 doors – a 45% increase from the previous facility. Old Dominion employs 50 people at this location.
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The Green Fleet Conference & Expo planning committee is working on the 2014 schedule and is looking for input and ideas. The 2014 event will be in Schaumburg, Ill. on Oct. 29-30 at the Renaissance Schaumburg Convention Center Hotel.
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