TNT Express Posts Loss on Restructuring, Provision in France
TNT Express NV reported a quarterly loss as restructuring measures and a provision to cover potential costs from an investigation into alleged anti-competitive behavior in France bit into the Dutch logistics company’s earnings.
October 27, 2014Infographic: 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.
Pending Home Sales Rise in September
Contracts to purchase previously owned homes rose less than forecast in September, showing housing will take time to gain momentum.
October 27, 2014Gasoline Falls to Lowest Since 2010, Lundberg Says
The average price of regular gasoline at U.S. pumps slid to the lowest level in almost four years, dropping 18.18 cents in the two weeks ended Oct. 24 to $3.076 a gallon, according to Lundberg Survey Inc.
October 27, 2014Opinion: Looking for the Perfect Buyer?
With all the news about company bankruptcies, increased government regulations, higher equipment costs and economic uncertainty, some motor-carrier owners are looking for options.
October 27, 2014Editorial: A Chance to Finance
Puritans, it has been said, live under the constant, nagging fear that someone somewhere may be having a good time.
October 27, 2014Tonnage Holds at Record
Truck tonnage in September held at an all-time high, rising 3.7% from a year earlier and capping the highest quarter on record, American Trucking Associations reported.
October 27, 2014ArcBest CEO McReynolds Named ATRI Chairwoman
Judy McReynolds, CEO of ArcBest Corp., has been chosen the new chairwoman of the American Transportation Research Institute.
October 27, 2014Diesel Price Falls 4.2¢ to $3.656; Gas Lowest Since January 2011
The U.S. diesel average fell 4.2 cents a gallon to $3.656 last week, its biggest decline in a year and a half, the Department of Energy reported Oct. 20.
October 27, 2014Resale Market for Used Natural-Gas Trucks Offers Fleets Lower-Priced Alt-Fuel Options
Buyers wary of paying a premium for brand-new alternative-fuel vehicles are lifting the nascent market for previously owned natural gas-powered trucks, industry experts said.
October 27, 2014Truckload Profits Grow in 3Q On Tight Capacity, Rate Hikes
Large truckload carriers generally reported strong third-quarter profit growth last week, driven by elevated demand for freight hauling, tight capacity and strong rate increases.
October 27, 2014