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While June was a better month than May for spot market freight, it still was nowhere as good compared to the same time a year ago. However, things are expected to improve, at least month-to-month.
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The trucking company Marten Transport Ltd. (NASDAQ: MRTN) on Tuesday announced slightly lower earnings for the fourth quarter of the year while seeing a 19.8% increase in its annual profit compared to a year earlier.
Read More →The amount of freight moved and how much shippers paid recovered somewhat in June in the U.S., but both are below levels from a year ago, according to the latest Cass Freight Index report.
Read More →Truckload and logistics provider Werner Enterprises reported record profit for the second quarter of the year on slightly lower revenue as it continues to make progress in implementing rate increases.
Read More →As truck makers and fleet managers face increasing pressure to lower their carbon footprint, one step fleets can take to help with decarbonization efforts is using lower-viscosity engine oils.
Read More →Import cargo volume at the nation’s major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released Friday.
Read More →Unemployment in the U.S. hit a post Great Recession landmark, according to figures released Friday, while a separate report showed increased factory orders but declining capital investment for new factory equipment.
Read More →Prices at the wholesale level rose in March for the first time since October, according to the U.S. Labor Department on Tuesday.
Read More →Trailer orders hit the highest level of 2019 in September, rebounding a bit from a slow year for equipment sales, and it could indicate that fleets are more optimistic about 2020.
Read More →J.B. Hunt Thursday reported higher profits for the final quarter of 2016 and for all of last year, driven by growth in its brokerage and dedicated segments.
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