Cass Freight Index Improves in October, But Report Warns of ‘Turmoil’
October freight shipments rose 3.3% year-over year, slipping slightly from September, according to the latest Cass Freight Index, although it cited “turmoil” in freight markets with port congestion in key areas.
November 10, 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.
Third-Quarter Intermodal Volume Rises 5.1%, IANA Says
Truck/rail freight volume rose 5.1% to 4.21 million shipments in the third quarter, the Intermodal Association of North America reported, with renewed strength in the domestic container segment of the intermodal market.
November 10, 2014Old Dominion Sets $200 Million Stock Buyback
Old Dominion Freight Line said Nov. 10 its board approved a stock repurchase program authorizing the company to repurchase up to $200 million of its outstanding common stock in the next 24 months.
November 10, 2014Drivewyze Adds Bypass Service in North Carolina
Drivewyze said North Carolina is the 30th state to offer its PreClear weigh-station bypass service.
November 10, 2014Class 8 Orders Skyrocket
New Class 8 truck orders skyrocketed in October to 46,200 units, the second-highest level recorded, as large fleets locked in 2015 build slots, ACT Research reported.
November 10, 2014Opinion: Upgrade Border Ports of Entry
Ports of entry along our land borders with Canada and Mexico facilitate more than $625 billion in trade every year, supporting nearly 14 million American jobs.
November 10, 2014Editorial: A Great Confluence
Describing the present accurately can often be difficult work. As for predicting the future . . . well, that way madness lies, but sometimes, it’s impossible not to take notice.
November 10, 2014Analysts: Highway Bill Unlikely in 2014 After GOP Wins Senate
Voters handed control of the U.S. Senate to Republicans last week, strengthening the GOP’s ability to advance transportation initiatives when the next Congress convenes in January but lowering the prospects of action before then, analysts said.
November 10, 2014Truckers to Seek HOS Waiver to Ease Calif. Port Congestion
Southern California port truckers, crippled by extensive delays, intend to seek the first-ever federal hours-of-service rule waiver for the sector in a bid to free up clogged cargo at the two largest U.S. ports.
November 10, 2014Shippers Nudge Carriers, Brokers to Offer Expanded Service Menu
Shippers are asking carriers and logistics companies to handle their entire books of freight, with truckload, less-than-truckload, intermodal and parcel deliveries in the mix, transportation software makers said.
November 10, 2014