Economy Grows 3.2% in Fourth Quarter
The U.S. economy expanded at a 3.2% annual rate in the fourth quarter as consumer spending increased, the Commerce Department said Jan. 30.
January 30, 2014Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Jobless Claims Rise to Highest Level in More Than a Month
Initial jobless claims rose to the highest level in more than a month, the Labor Department reported Jan. 30.
January 30, 2014Volvo Trucks Opens Applications for Fleet Safety Award
Volvo Trucks is taking nominations for the Volvo Trucks Safety Award, an annual competition that honors two fleets with exceptional driving records.
January 29, 2014Bills Would Encourage Natural Gas in Trucking
Two Republican congressmen have introduced three natural-gas bills that could increase the use of the fuel in the trucking industry.
January 29, 2014Knight Fourth-Quarter Income Rises
Knight Transportation Inc. said Jan. 29 its fourth-quarter profit increased 13.6% on improved freight demand.
January 29, 2014Nafta Surface Trade Grows 2.8% in November
Surface trade among the United States, Canada and Mexico increased 2.8% in November, the Department of Transportation announced.
January 29, 2014Daimler’s Former Truck Chief Renschler Leaves Company
A top Daimler AG official who led the company’s global truck business has left the company “of his own accord and by mutual consent,” Daimler said.
January 29, 2014Meritor Reports Fiscal First-Quarter Profit
Meritor Inc. reported a profit for its fiscal first quarter on increased production in Europe and South America despite lower defense revenue, the truck component maker said Jan. 29.
January 29, 2014Canadian Pacific’s 4Q Net Income Rises
Canadian freight railroad Canadian Pacific’s fourth-quarter net income rose to C$82 million, or 47 Canadian cents per share, from C$15 million, or 8 cents, a year earlier.
January 29, 2014Werner Enterprises Profit Declines in Fourth Quarter
Werner Enterprises said its fourth-quarter profit declined from a year ago partially due to higher operating costs and lower miles per truck from severe weather.
January 29, 2014