Class 8 Registrations Rise in 2014 to Highest Level in Eight Years
Registrations of new Class 8 trucks rose in 2014 to the highest level in eight years as rising freight demand continued to spur investments in new equipment, IHS Automotive reported.
February 20, 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.
Anthony Foxx to Tout Infrastructure at D.C.’s Union Station
On Feb. 20, the secretary is scheduled to wrap up his weeklong regional tour where he will promote infrastructure spending at an event in Union Station in Washington, D.C.
February 19, 2015Report: Hyundai to Enter US Commercial Heavy-Duty Truck Market
Hyundai Motor Co. said it will spend $1.8 billion by 2020 to expand its commercial-vehicle market share and enter the U.S. commercial heavy-duty truck market, Reuters reported.
February 19, 2015Type of Oil Car in West Virginia Fire May Be Rolling for Years
Oil tank cars like those that ruptured in a train derailment in rural West Virginia on Feb. 16, sending a massive fireball into the sky and forcing evacuation of nearby homes, could be rolling through U.S. cities for years to come.
February 19, 2015Los Angeles Gasoline Rises to 17-Month High Following Blast
Wholesale gasoline in Los Angeles surged to the highest level in more than a year after an explosion at an Exxon Mobil Corp. oil refinery in Southern California.
February 19, 2015South Carolina Container Volume Passes 1 Million Mark
Container volume in South Carolina increased to 1.07 million 20-foot equivalent units fiscal year to date.
February 19, 2015FMCSA Extends Comment Period on Crash Weighting
The Federal Motor Carrier Safety Administration said it will accept comments for an additional month on its crash-weighting analysis published in January.
February 19, 2015Toll Holdings Agrees to Buyout by Japan Post
Toll Holdings Ltd., a transportation and logistics firm based in Australia and a major freight forwarder in the United States and Canada, said it has agreed to a buyout by Japan Post.
February 19, 2015Leading Indicators Rise at Slower Pace as Factory Orders, Building Permits Decline
The index of U.S. leading indicators rose at a slower pace in January, restrained by declines in building permits and factory orders that signal a slower pace of growth.
February 19, 2015Jobless Claims Decline, as Labor Market Makes Progress
Fewer Americans than forecast filed applications for unemployment benefits last week, showing the labor market is making progress.
February 19, 2015