Intermodal Rail Traffic in US Rises to Highest Level This Year
U.S. rail intermodal traffic rose 8.1% in the week ended April 18 compared with the same week last year, the Association of American Railroads reported.
April 22, 2015Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Transportation Secretary Anthony Foxx: ‘I Hope We’re Able to Meet’ HOS Study Deadline
WASHINGTON — Transportation Secretary Anthony Foxx reassured senators on April 22 that his department’s trucking regulatory agency is aiming to complete a study on a recently suspended hours-of-service rule by its mid-December deadline.
April 22, 2015Olof Persson Out at Volvo AB, Scania Exec Tapped as Replacement
Volvo AB, under shareholder pressure to boost profit margins, ousted CEO Olof Persson as the world’s second-largest truck maker seeks to revamp strategy amid tougher competition.
April 22, 2015April 22 Earnings Roundup: Werner, Knight, Forward Air, Ryder, Heartland Express
Werner Enterprises and Knight Transportation reported an increase in first-quarter earnings with help from higher freight rates, while Forward Air's profit fell because of acquisition-related costs.
April 22, 2015Nafta Trade Drops But Truck Freight Rises
U.S. trade with Canada and Mexico declined in February to the lowest level for the month since 2011 but freight carried by trucks increased, the Bureau of Transportation Statistics reported April 22.
April 22, 2015Sales of Existing Homes Rise to Highest Level Since 2013
Sales of previously owned homes climbed in March to the highest level since September 2013 as job growth and cheap borrowing costs helped sustain the progress in residential real estate.
April 22, 2015Surge in Imports Proves the US Economy's Global Dominance Right Now
Container ships steamed into West Coast ports last month after the end of a labor dispute.
April 22, 2015Lawmakers, Freight Advocates Call on Congress to Create Dedicated Funding in Transportation Bill
Two U.S. representatives, a freight trade group and port authority and local officials from around the country have called on Congress to pass a transportation reauthorization bill that contains funding dedicated to rebuilding and upgrading freight infrastructure.
April 21, 2015UPS Takes Part In Drone Delivery Research
UPS Inc. said it is looking into using drone technology to deliver humanitarian aid to difficult-to-reach areas during a disaster scenario.
April 21, 2015Federal Regulators Seek Additional Volunteers for Restart Study
Federal regulators are seeking additional volunteer truck drivers for a 34-hour restart study due to a shortage of drivers from various industry segments.
April 21, 2015