TT Archives: Truck Weight Bill
In 1975, President Gerald Ford signed into law a bill allowing states to permit higher truck weights on interstate highways, and it’s worth remembering the reason for the measure – a national speed limit of 55 miles-per-hour had crimped productivity for the nation’s truck drivers.
July 27, 2015Infographic: 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.
Consumer Confidence Declines to Lowest Level in Five Weeks
Consumer confidence declined to a five-week low as Americans grew even more downbeat about the prospects for the economy.
July 23, 2015Intermodal Traffic Rises 2.3% for Week as Carload Decline Continues
U.S. rail intermodal traffic rose 2.3% for the week ended July 18 as carloads continued to decline, the Association of American Railroads reported.
July 22, 2015Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines
Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments.
July 21, 2015Diesel Average Falls 3.2¢ to $2.782 Per Gallon; Eighth Consecutive Weekly Drop
Diesel’s national average price declined for the eighth consecutive week, dropping 3.2 cents to $2.782 per gallon, according to a report from the Department of Energy on July 20. The average price of gasoline fell by the identical amount.
July 20, 2015Mack Lands Two Canadian Defense Contracts
The defense division of Mack Trucks has won two contracts to supply vehicles to the Canadian military.
July 20, 2015Radiant Logistics Announces Stock Sale
Radiant Logistics Inc. announced a public offering of 6.67 million shares at $6.75 per share.
July 20, 2015Marten Transport, CSX Profits Rise 5%; Lower Fuel Prices Aid Both in 2nd Qtr.
Marten Transport Ltd. and CSX Corp. last week kicked off the reporting season for second-quarter earnings with each posting 5% growth in profits.
July 20, 2015Gas Tops Diesel for First Time Since ’09 as Calif. Refinery Outages Pinch Supply
The national average price of diesel fuel fell below gasoline for the first time in almost six years after diesel dipped and soaring gas prices in California caused the fuel’s national figure to jump.
July 20, 2015Consumer Sentiment in US Backpedals Over Concerns About Economy
Consumer confidence declined in July on concerns global risks will dim prospects for the U.S. economy.
July 17, 2015