Consumer Price Index Rises by Most in Six Months
Consumer prices increased by the most in six months in December, the Labor Department reported Jan. 16.
January 16, 2014Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Jobless Claims Decline to Lowest Level in More Than a Month
The number of Americans filing for jobless benefits fell to the lowest level in more than a month for the week ended Jan. 11, the Labor Department reported.
January 16, 2014Load-Board Activity Increases in December, DAT Says
Spot market freight activity increased 10% in December on DAT’s load boards, bucking the usual end-of-year trend, said the company, which is part of TransCore.
January 15, 2014Cummins ‘Pauses’ Development of 15L Nat-Gas Engine
Engine maker Cummins Inc. confirmed that it has “paused” the development of its planned 15-liter natural-gas engine due to “market timing uncertainty.”
January 15, 2014Freight Shippers Want Predictability, Researchers Say
WASHINGTON — People who study shippers said senders and receivers of freight want predictability — even as the economy and technology change rapidly.
January 15, 2014Covenant Expects Higher 4Q Earnings
Covenant Transportation Group Inc. said it expects fourth-quarter 2013 net income of 18 cents to 22 cents a share, compared with 10 cents a share in the previous year’s quarter.
January 15, 2014Con-way’s Shewchuk Named Chairman of ATA Security Committee
American Trucking Associations appointed Curtis Shewchuk of Con-way Inc. as chairman of the group’s Homeland Security Policy Committee, ATA said Jan. 14.
January 15, 2014New York Manufacturing Rises to Highest Level in a Year
Manufacturing activity in the New York region expanded in January to the highest level in more than a year, the Federal Reserve Bank of New York said Jan. 15.
January 15, 2014Producer Prices Rise for First Time in Three Months
Prices paid to U.S. producers rose for first time in three months, increasing 0.4% in December, the Labor Department reported Jan. 15.
January 15, 2014Abramson Leaves Transport Topics
Howard Abramson, publisher and editorial director of Transport Topics Publishing Group, has left the organization, American Trucking Associations announced.
January 14, 2014