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One of the nation’s largest trucking companies reported improved earnings for the final quarter of last year and beating its expectations for all of 2015 while another publicly held fleet's latest three-month numbers failed to live up to its annual performance.
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Separate gauges of truckload line haul rates and intermodal rates both fell in May, according to newly released figures, following a Monday report showing freight levels are well below those of the last several years.
Read More →Last December, for the first time, the American Petroleum Institute started licensing two different approved heavy-duty diesel engine oils. CK-4 adoption is going largely as expected, but very few fleets are using FA-4 yet – because very few engine makers so far are recommending it.
Read More →Truck tonnage in July hit its lowest level since October 2015, per the most recent American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index.
Read More →New factory orders and shipments rebounded at least somewhat in January, while measures of business investment and inventories also improved, according to new Commerce Department figures.
Read More →An increase in the price of crude oil is largely responsible for another jump in the value of freight moved between the U.S. and its two North American Free Trade Agreement partners, according to new U.S. Transportation Department figures.
Read More →The value of freight moved between the U.S. and its North American Free Trade Agreement Partners totaled $97.4 billion during August as all five major transportation modes carried more cargo by value, according to the U.S. Transportation Department.
Read More →The value of freight moved between the U.S. and its North American Free Trade Agreement partners increased for the 11th straight month during September, according to new Transportation Department figures, but it's the smallest gain since April.
Read More →The latest series of platoon tests will evaluate Cooperative Adaptive Cruise Control technology, which adds vehicle-to-vehicle communications to the adaptive cruise control capability now available in new vehicles and allows trucks to operate more smoothly as a unit, reducing and controlling the gaps between trucks.
Read More →Private sector employment in the U.S. increased by 191,000 jobs from February to March, according to the March ADP National Employment Report released Wednesday.
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