Twin 33s Can Offer Benefits
The twin 33-foot trailer, the first potential nationwide truck-size change in nearly three decades, could generate attractive cost reductions for fleets and broad public benefits in reduced truck traffic, industry experts said.
July 6, 2015Trucking Stocks Slip in First Half of 2015 as Investors Worry About Economy, Rates
Investors’ fears that the economy will weaken and curtail carriers’ pricing power are pushing down trucking share prices at a time when the broader stock market hovered near record levels before last week’s pullback, analysts said.
July 6, 2015Judge Sets July 24 Deadline for Motions to Dismiss Suits in TransVantage Case
The stage is set for a July 24 courtroom showdown over an effort to collect hundreds of millions of dollars from about 450 truckers in the TransVantage bankruptcy case.
July 6, 2015Element Strikes $6.9 Billion Deal for GE’s Fleet Management Unit
Element Financial Corp. is set to become the largest operator of commercial vehicles in North America after striking a deal to acquire all of GE Capital’s fleet management business in the United States and Mexico for $6.9 billion.
July 6, 2015Sophisticated Logistics Network Required to Ensure Flowers Arrive in Fine Form
Whether peonies and ranunculus for a wedding bouquet or a single red rose for a loved one, people across the United States keep finding reasons to purchase fresh-cut flowers, but few are aware of what’s involved to satisfy their demand.
July 6, 2015Late-Model Equipment Lifts Used-Truck Prices
Used-truck pricing has remained at historically high levels, supported by an ongoing market shift toward more valuable late-model equipment, industry analysts said.
July 6, 2015Top 10 Stories From First Half of 2015
It's been an eventful year and it's only half over! Take a look back at our Top 10 stories, based on metrics, from the first half of 2015.
July 2, 2015Trucking Adds 7,400 Jobs in June as Unemployment Rate Falls
The trucking industry added 7,400 jobs in June as the unemployment rate fell to a seven-year low of 5.3% as more people left the labor force, the Labor Department reported July 2.
July 2, 2015BP Reaches $18.7 Billion Settlement Over Deadly 2010 Spill
HOUSTON — BP will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.
July 2, 2015J.B. Hunt Joins S&P 500 Index
J.B. Hunt Transport Services Inc. has been selected to join the Standard & Poor’s 500 Index, a stock market index based on the performance of 500 large publicly traded companies.
July 2, 2015