Jim Stinson

Jim Stinson

Staff Reporter

@jimstinson

Jim received a business bachelor's degree from Boston University. He attended Indiana University and received a master's degree in journalism, and since then has been a business reporter, an Indiana Statehouse reporter, an editorial writer and a White House reporter.


Government, Business, Fuel

Diesel Price Slides 0.7¢ to $2.976 a Gallon as It Falls for Eighth Straight Week

Truck getting diesel Getty Images

The U.S. average retail price of diesel dropped 0.7 cent to $2.976 per gallon, the Department of Energy reported Sept. 3, as the price of crude dropped 2% amid the ongoing U.S.-China trade dispute.

Jim Stinson | Staff Reporter
September 3, 2019
Government, Business, Logistics

Coyote Logistics: Truckload Rates to Rebound

Coyote Logistics Chicago office Coyote Logistics' Chicago office buzzes with activity. (Coyote Logistics)

Despite a freight slowdown in the first half of 2019, shipper demand is at an inflection point, and spot-market truckload business will rebound in the fourth quarter, according to officials from Coyote Logistics, a UPS Inc.-owned third-party logistics company based in Chicago.

Jim Stinson | Staff Reporter
August 29, 2019
Business

HVH Transportation of Denver Closes

An HVH Transportation truck An HVH Transportation truck via Facebook

Denver-based truckload carrier HVH Transportation Inc. closed its doors on Aug. 27 after a string of financial setbacks, company officials and drivers told Transport Topics.

Jim Stinson | Staff Reporter
August 28, 2019
Business, Technology

Descartes Acquires BestTransport.com

Descartes Systems Group announced it acquired BestTransport.com Inc., a cloud-based transportation management system provider focused on flatbed-intensive manufacturers and distributors. It was the company’s fourth acquisition this year.

Jim Stinson | Staff Reporter
August 26, 2019
Business, Safety

Cargo Thefts Down 14% in Q2; Food, Beverages Most Targeted

Thief trying to steal cargo out of trailer The average value per theft was $152,844, for an estimated loss of $22.9 million in cargo stolen across the United States and Canada in the quarter. (Getty Images)

Cargo thefts are down 14% in the second quarter of 2019, with 150 incidents in the United States and Canada, according to CargoNet, a subsidiary of Verisk Analytics Inc. of Jersey City, N.J.

Jim Stinson | Staff Reporter
August 22, 2019
Government, Business

Indicators Show Slowdown in Growth, but Recession Isn’t Likely

Trucks on highway Truck tonnage surged 7.3% in July. (TT File Photo)

Jitters and trade wars are roiling the markets and troubling freight companies, but the big question is if the U.S. economic expansion may be coming to a close soon.

Jim Stinson | Staff Reporter
August 21, 2019
Business, Logistics

Truck Tonnage Surges 7.3% in July

Trucks on highway John Sommers II for Transport Topics

Truck tonnage surged 7.3%, the largest year-over-year gain since April, compared with July 2018, according to American Trucking Associations.

Jim Stinson | Staff Reporter
August 20, 2019
Business

Cass: Freight Shipments Down 5.9% in July, and GDP Could Be Next

American Fast Freight truck on highway American Fast Freight

A nationwide economic contraction, not just a freight recession, could arrive soon, according to Cass Information Systems’ July freight report.

Jim Stinson | Staff Reporter
August 16, 2019
Business, Breaking News

Don Daseke Steps Down as CEO of Daseke Inc.

Don Daseke Daseke Inc.

Don Daseke, chairman and CEO of Daseke Inc., will retire from the company effective immediately.

Jim Stinson | Staff Reporter
August 15, 2019
Business, Top 100

Celadon Gets $165 Million Infusion From Luminus Management

Celadon receives big investment from Luminus Management. (Alan Petersime/Bloomberg News)

An investor that helped Celadon Group Inc. refinance its debt has acquired nearly half of the company through a $165 million deal that the motor carrier said will help it move forward with its turnaround plans.

Jim Stinson | Staff Reporter
August 15, 2019

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