It’s a Happy New Year for Truck Driver, who is $2.2 Million Richer
A 39-year-old truck driver from Parkville, Maryland, hit it big in the Maryland Lottery last week – and it’s not the first time he has done so.
December 31, 2014TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Year in Review: Trucking Posts Strong Gains, But Legislative Battles Rage
A strengthening economy lifted demand for freight hauling during 2014, boosting rates and profits and triggering a rush to buy new tractors and trailers as carriers scurried to keep pace.
December 31, 2014Despite Falling Oil Prices, Fed Expected to Raise Interest Rates Midyear
Economists are slashing U.S. inflation forecasts for 2015 as oil prices tumble. What’s not changing are predictions that the Federal Reserve will raise its benchmark interest rate anyway, probably around mid-year.
December 31, 2014Truck Tolls on Illinois Tollway Will Jump 40% on Jan. 1
Truck tolls on the Illinois Tollway will increase by 40% starting Jan. 1, part of a rate schedule the tollway laid out in 2008 over trucking industry objections.
December 31, 2014STB to Consider Permanent Rail Service Reporting
The Surface Transportation Board said it would consider whether an interim requirement for railroads to file detailed weekly service performance reports in the wake of ongoing freight delays should be made permanent.
December 31, 2014Automated Transmissions Offer Fuel Savings, Driver-Retention Benefits, Study Finds
Fleets can expect to boost fuel efficiency and reduce driver turnover by adopting automated manual or fully automatic transmissions, according to a new study.
December 31, 2014Jobless Claims Rise by 17,000 During Volatile Holiday Period
More Americans filed applications for unemployment benefits for the first time in five weeks, displaying the typical year-end holiday swings that make the data difficult to interpret.
December 31, 2014Quala Acquires Iowa Tank Wash Company
Tanker-cleaning provider Quala said it has expanded its network by acquiring Cronbaugh Tank Wash of Cedar Rapids, Iowa. Financial terms were not disclosed.
December 30, 2014West Coast Longshoremen Seek Direct Talks With Shippers
West Coast dockworkers asked that major employers on the board of the Pacific Maritime Association join in contract negotiations that have stretched over seven months.
December 30, 2014Planning to Watch Bowl Games? Get Ready for Ford F-150 Ad Blitz
When Ford Motor Co. unleashes an ad blitz for its new F-150 during college football bowl games Dec. 31 and Jan. 1, it will emphasize how much the aluminum-bodied pickup can haul and tow. There will be no mention of fuel-economy gains that Ford says are one of the truck’s key attributes.
December 29, 2014