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After a strong end to 2014 and early 2015, the truck market has softened. With several unknown factors like regulations and fluctuating economic conditions, it looks like this trend may continue for a while.
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The first quarter earnings reporting season for trucking kicked off on Monday morning when multi-modal freight transportation provider J.B. Hunt Transportation Services Inc. released numbers showing slight improvements from the same time a year ago.
Read More →Celadon Group has announced that it has refinanced its former revolving credit facility and obtained $165 million in new financing.
Read More →Strehl, which makes aerodynamic components for trailers, has purchased truck-trailer aerodynamic systems provider Rocketail and will form a new company called FleetAero.
Read More →With almost one-third lower fuel consumption. Volvo Trucks’ new concept vehicle shows how it is possible to drastically boost productivity in long-haul operations.
Read More →The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Thursday.
Read More →The problem with the proposed Phase 2 GHG regulations is that Washington never sees the whole picture with the trucking industry.
Read More →Economic Watch: Existing-home sales increased in June to their highest pace in over eight years, according to figures released Wednesday by the National Association of Realtors, while a separate report shows post-recession industrial production levels are not as strong as earlier thought.
Read More →Trucking and parcel delivery giant UPS reported a huge increase in its second quarter profit – 170% – despite a slight drop in revenue.
Read More →Newly released figures show the value of freight moved between the U.S. and its North American Free Trade Agreement neighbors totaled $96.1 billion in March, a 5.3% decline from a year ago, but three out of five transportation modes carried more cross-border cargo.
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