Pending Sales of Existing Homes Rises to Highest Since 2013
More Americans signed contracts to purchase previously owned U.S. homes in January, rounding out a week of housing data that depicted an uneven recovery.
February 27, 2015Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Sen. John Thune Wants Tax Reform To Fund Highway Infrastructure
WASHINGTON — Sen. John Thune, chairman of the Senate Commerce, Science and Transportation Committee and the chamber’s third-ranking Republican, said a tax overhaul could solve the short- and long-term funding woes facing the federal transportation system.
February 26, 2015Nafta Trade Rises 5.4% as Trucks Carry Three-Fifths of Freight
U.S. trade with Canada and Mexico in December increased to $95.8 billion, up 5.4% from 2013, and trucks carried about three-fifths of the freight, the Bureau of Transportation Statistics reported Feb. 26.
February 26, 2015Greenbriar Acquires Majority Stake in Lazer Spot
Greenbriar Equity Group has acquired a majority stake in Lazer Spot Inc., an Atlanta-based company that provides trailer spotting and shuttle services at U.S. distribution centers, rail yards and port facilities.
February 26, 2015Quality 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, 2015Rep. 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, 2015