Cass Freight Index Rises Little in September
The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, rose in September and expenditures increased, Cass Information Systems said.
October 9, 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.
$1 Billion Policy Created to Cover Rail Catastrophes
American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped by trains.
October 9, 2014Natural-Gas Advocacy Group Names New President
Matthew Godlewski has been named the new president of the advocacy group Natural Gas Vehicles for America. He will start Oct. 20.
October 9, 2014Wholesale Inventories Rise by Most in Four Months
Wholesale inventories rose 0.7% in August, the largest increase in four months, after rising 0.1% the prior month, the Commerce Department reported Oct. 9.
October 9, 2014Surface Transportation Board Demands More Detailed Rail Service Reports
The Surface Transportation Board said it is ordering all major freight railroads to submit more detailed service reports starting later this month in the wake of ongoing delays.
October 9, 2014Jobless Claims Fall as Average at Eight-Year Low
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, pushing the average over the past month to the lowest level in eight years and signaling that employers are hanging on to workers as the economy improves.
October 9, 2014DOT Freight Transportation Index Rises to Record High in August
The Department of Transportation’s freight transportation services index rose to a record high in August, DOT announced Oct. 8.
October 8, 2014Ports of Seattle, Tacoma to Form Alliance
The ports of Seattle and Tacoma, Washington, said they plan to unify management of the cargo terminals to address increasing competition.
October 8, 2014Prime Inc. Buys Record Number of Utility Reefers
Prime Inc. has purchased 2,500 refrigerated trailers from Utility Trailer, the largest single order in the manufacturer’s history.
October 8, 2014Wex Fleet One to Offer Fuel Card Accepted at Truck Stops, Convenience Stores
Wex Fleet One said it will offer a fuel card that can be used at truck stops and convenience stores designed for use by fleets with a mix of heavy- and medium-duty trucks.
October 8, 2014