Long Beach Reports Highest Container Traffic Since 2007
September container traffic rose 7.3% at the Port of Long Beach, California, from the same month last year, marking the busiest September since 2007, the port’s peak year.
October 22, 2014Infographic: 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.
Rush’s Third-Quarter Income Rises as Truck Sales Jump
Truck-dealer chain Rush Enterprises Inc.’s net income increased in the third quarter, and Class 8 sales increased 68%.
October 22, 2014FMCSA Extends Hours-of-Service Exemptions During Fuel Shortages
The Federal Motor Carrier Safety Administration on Oct. 22 issued a final rule allowing states to extend hours-of- service exemptions up to 90 days in times of acute fuel shortages.
October 22, 2014Covenant’s 3Q Profit Declines Due to Cargo Claim
Covenant Transportation Group said its third-quarter earnings declined from a year ago due to a cargo claim judgment.
October 22, 2014Blu Launches Lower-Cost LNG Fuel Tanks for Class 8 Trucks
Natural gas-fueling supplier Blu has launched a liquefied natural gas-fueling system for Class 8 trucks aimed at lowering the cost barrier for fleets to adopt the alternative fuel.
October 21, 2014Maryland Tops List for Transportation Safety
Maryland topped a list of states that showed to have high transportation safety and enforcement performance standards, according to a new study unveiled by the American Transportation Research Institute.
October 21, 2014September Tonnage Holds at Record, Rises 3.7% Year-Over-Year
Truck tonnage held at an all-time high in September, rising 3.7% from a year ago and capping the highest quarter on record, American Trucking Associations reported.
October 21, 2014UPS to Raise Rates 4.9% for 2015
UPS Inc. said it will increase its rates an average of 4.9% for package, less-than-truckload and airfreight delivery, effective Dec. 29.
October 21, 2014Werner Posts Higher 3Q Earnings
Werner Enterprises’ third-quarter profit climbed 22% from a year ago, with the truckload carrier citing “consistent strength” in freight demand.
October 21, 2014Canadian Pacific Rail Misses Profit Estimates as Stock-Based Pay Rises
Canadian Pacific Railway Ltd., foiled in a bid to merge with CSX Corp., reported third-quarter profit that missed analysts’ estimates as the carrier spent more on stock-based compensation.
October 21, 2014