DAT Report Shows Loads Rise 83% in February
The latest DAT report of spot freight market activity showed an 83% increase in freight volume in February from last year to a new single-month record.
March 13, 2014Business Inventories Rise as Sales Drop to 10-Month Low
Business inventories rose 0.4% in January, but sales dropped 0.9% to a 10-month low, the Commerce Department reported March 13.
March 13, 2014Import Prices Jump 0.9% in February
The price of goods imported to the United States rose in February on higher fuel costs, after a gain the prior month, the Labor Department reported March. 13.
March 13, 2014Retail Sales in US Increase for First Time in Three Months
Retail sales in the U.S. rose in February for the first time in three months, a sign consumers are starting to shake off the effects of the harsh weather that had curbed spending even more than previously estimated.
March 13, 2014Jobless Claims in US Fall to Lowest Level Since November
The number of Americans filing applications for unemployment benefits unexpectedly fell last week to the lowest level since the end of November, a sign of further improvement in the labor market.
March 13, 2014Greenhouse-Gas Rules to Include Study of Several Technologies, Officials Say
NASHVILLE, Tenn. — The next phase of the federal government’s greenhouse-gas regulations for trucks will include an examination of a “suite” of technologies that can lower emissions and increase fuel efficiency, an Environmental Protection Agency official said.
March 13, 2014TMW Releases Tool to Reduce Undiagnosed Vehicle Fault Codes
TMW Systems announced it has released a tool to reduce the risk from undiagnosed vehicle fault codes in heavy-duty trucks.
March 13, 2014US to Sell 5 Million Barrels of Strategic Oil Reserve
The Obama administration said it plans to sell 5 million barrels of crude from the U.S. Strategic Petroleum Reserve in a test of the distribution system.
March 12, 2014Menlo Starts European Freight Brokerage Service
Menlo Worldwide Logistics said its European unit has unveiled a freight brokerage service after a year of trial operations.
March 12, 2014DOT Freight Transportation Index Falls for Second Month in a Row
The Department of Transportation’s freight transportation services index declined for a second month in a row in January, DOT said March. 12.
March 12, 2014