Sales of Existing Homes Rise in December
Purchases of previously owned U.S. homes rose less than forecast in December as higher prices discouraged first-time buyers.
January 23, 2015Lytx Reports Record Growth in 2014
Lytx Inc. reported record subscription growth in 2014 as more fleets adopted its DriveCam safety program.
January 23, 2015Manitoulin Acquires Alberta Carrier’s LTL Division
Canadian carrier Manitoulin Transport has purchased the less-than-truckload division of Hi-Way 13 of Camrose, Alberta, continuing its push to expand its coverage in western Canada.
January 23, 2015McLeod Reports 65% Sales Growth in 2014
McLeod Software Inc. said its 2014 sales revenue jumped 65% from the previous year to a record level for the company.
January 22, 2015DeFazio Blasts DOT Over Failure to Finalize Tank Car Rule, Calls for PHMSA Audit
Rep. Peter DeFazio (Ore.), ranking Democrat on the House Transportation and Infrastructure Committee, blasted the Department of Transportation for what he called repeated failures to address “longstanding and undisputed” pipeline and hazardous materials safety issues, including oil train safety.
January 22, 2015House Transportation Leader: ‘Don’t Believe the Votes Are There’ For Gas Tax Increase
WASHINGTON — Rep. Bill Shuster (R-Pa.), chairman of the transportation policy committee in the House, said there is not enough congressional support to approve an increase of fuel taxes to pay for infrastructure projects vital to the trucking industry.
January 22, 2015Jan. 22 Roundup: J.B. Hunt, Covenant Post Higher 4Q Earnings
J.B. Hunt Transport Services and Covenant Transportation Group reported stronger fourth-quarter profits, providing a positive early look at quarterly financial results for large, publicly traded trucking companies.
January 22, 2015Penske Used Trucks Doubles Dealer Locations
Penske Used Trucks said it has doubled its commercial truck dealerships in North America with new locations in Dallas; Conyers, Georgia, in the metro Atlanta area; and in Mississauga, Ontario.
January 22, 2015S.C. Port Container Volume Rises 12% in 2014
The South Carolina Ports Authority said container volume increased 12% in 2014 as it moves forward on a harbor-deepening project.
January 22, 2015Jobless Claims Decline by 10,000 for Week
Jobless claims decreased by 10,000 to 307,000 in the week ended Jan. 17, from a revised 317,000 in the prior period, a Labor Department report showed.
January 22, 2015