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Following a surge to close out September, the number of posted loads on the spot truckload market dropped 11% during the week ending Oct. 10, according DAT Solutions, which operates the DAT network of load boards.
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Mitsubishi Electric Automotive America has received Paccar’s 2014 50 PPM Quality Achievement award for suppliers.
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J.B. Hunt's third quarter net earnings exceeded analyst expectations at $115.1 million, or diluted earnings per share of 99 cents, compared to third quarter 2014 net earnings of $102.4 million, or 87 cents per diluted share.
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Retail sales in the U.S. barely moved higher last month -- about half what many analysts were expecting. With wholesale prices falling the most in eight months. there's more speculation on what will happen with interest rates.
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Freight shipments and payments rose in September following two straight monthly declines, according to the latest Cass Freight Index.
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Before an enthusiastic standing-room-only crowd, largely composed of hundreds of assembly line workers, Mack Trucks executives ushered in the new axle production line installed at its Hagerstown, Md., powertrain assembly plant.
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Mesilla Valley Transport will equip its 2015-2016 Class 8 truck purchases with Allison’s TC10 automatic transmission, the carrier announced.
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The average price of diesel fuel was up for the second straight week following months of downward movement, according to the latest numbers from the Energy Department.
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Driver turnover at large truckload fleets rose to an annualized rate of 87% in the second quarter of 2015. Despite the increase it is below recent averages.
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Ryder System Inc. has become the latest trucking operation to revise downward expectations for its upcoming third quarter earnings.
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