Quality Distribution Reports 4Q Profit
Bulk carrier Quality Distribution Inc. reported a fourth-quarter profit of $2.6 million, reversing a $22.8 million loss in the same period a year earlier.
February 26, 2015Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Rep. Peter DeFazio Favors Passing Temporary Funding Bill in March
WASHINGTON — Rep. Peter DeFazio of Oregon, the ranking Democrat on the House Transportation and Infrastructure Committee, said he believes Congress cannot deliver a new transportation funding bill by the end of May and should pass a temporary funding extension as soon as possible.
February 26, 2015January Trailer Orders Rise 18% to Near 30,000
New trailer orders rose 18% in January from a year ago to 29,853 units, ACT Research reported.
February 26, 2015Canadian National, Union Reach Tentative Labor Agreement
Canadian National Railway and the Unifor union said they have negotiated a tentative labor agreement, averting a lockout of 4,800 workers.
February 26, 2015Durable Goods Orders Rise for First Time in Three Months
Orders for durable goods rose in January for the first time in three months, showing manufacturing may be starting to stabilize as companies look beyond weaker global markets and cutbacks among energy producers.
February 26, 2015Jobless Claims Jump by Most Since December 2013
The number of Americans filing for unemployment benefits jumped by the most since December 2013 last week from a week earlier, a sign of uneven progress in the labor market.
February 26, 2015Volvo Seeking Entrants for Fleet Safety Awards
Volvo Trucks said it is accepting entrants for its annual safety awards, which recognize fleets for their safe-driving records and safety programs.
February 26, 2015Daimler Trucks Sees ‘Significant Profit’ for 2015
Daimler Trucks said it expects “significant profit” in 2015 and projects a 10% increase in its North American heavy- and medium-duty truck sales.
February 25, 2015Intermodal Rail Volume Drops 15.7%
U.S. rail intermodal traffic fell for the third straight week, declining 15.7% in the week ended Feb. 21 compared with the same week last year, the Association of American Railroads reported.
February 25, 2015DTNA Sued for $9.5 Million in Discrimination Complaint
Two current and two former African-American employees of Daimler Trucks North America have filed a $9.5 million suit against the truck maker, saying they suffered job discrimination, threats of violence and harassment.
February 25, 2015