Initial Jobless Claims Rise for First Time in Three Weeks
Initial jobless claims rose by 20,000 last week, the first rise in three weeks, the Labor Department said Thursday.
February 21, 2013TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
White House Outlines Plan for $50 Billion in Infrastructure Spending
The White House on Wednesday outlined a set of infrastructure proposals, including $40 billion for a “fix-it-first” policy to prioritize repairing existing roads, bridges and other facilities before building new ones, as part of a $50 billion total plan.
February 20, 2013Volvo’s January North American Truck Deliveries Drop 38%
Volvo AB said Wednesday its North American truck deliveries fell 38% in January from a year ago.
February 20, 2013Truck Tonnage Rises to Record High in January
Truck tonnage rose 6.5% in January from the same month last year to a record high reading, American Trucking Associations said.
February 20, 2013Supreme Court to Hear Oral Arguments in April in ATA’s Appeal in Port of L.A. Case
The U.S. Supreme Court has scheduled oral arguments for April 16 in American Trucking Associations’ appeal over what ATA has called “burdensome” requirements the Port of Los Angeles has put on fleets serving the port.
February 20, 2013New Century Transportation Names Mark Olszewski President
New Century Transportation said Wednesday it has named Mark Olszewski the company’s new president.
February 20, 2013Con-way Launches New U.S.-Mexico Intermodal Service
Con-way Truckload and Con-way Multimodal announced they would combine resources for a new U.S.-Mexico intermodal service.
February 20, 2013Diesel Rises 5.3¢ to $4.157 a Gallon; Price Is Highest Since August 2008
Diesel rose 5.3 cents to $4.157 a gallon, its fifth straight increase and the highest price in four-and-a-half years, while gasoline jumped 13.6 cents, the Department of Energy reported.
February 20, 2013Vitran Reports Fourth-Quarter Loss
Vitran Corp. on Wednesday reported a loss for the fourth quarter and full year, and the company said it would focus on its less-than-truckload operations following its recently announced plan to sell its supply chain business.
February 20, 2013Cummins Revises Down Its 4Q, Full-Year Earnings
Engine maker Cummins Inc. said Wednesday it has revised its previously announced fourth-quarter and full-year 2012 operating results down by $20 million, with net income reduced by $12 million, or 7 cents per share.
February 20, 2013