Port of Baltimore Sets Cargo Record in 2016
The port of Baltimore handled a record 10.1 million tons of general cargo at its public terminals in 2016, a 5% increase from the previous year, officials announced Feb. 14.
February 15, 2017Q&A With Truckstop.com CEO Paris Cole
Since Scott Moscrip founded Internet Truckstop in his basement 22 years ago, the company that became Truckstop.com has grown quietly. Its lack of heraldry is partially deliberate, CEO Paris Cole says, but toiling in little New Plymouth, Idaho, a town of 1,513, doesn’t draw much attention, either.
February 15, 2017Penske Truck Leasing Adds Location in Texas
Penske Truck Leasing Co. opened a new location in Katy, Texas, providing full-service truck leasing, consumer and commercial truck rental and contract truck fleet maintenance services, according to the company.
February 15, 20179% of US Bridges Structurally Deficient, Report Shows
Nearly 56,000 bridges in 2016 were deemed structurally deficient, an analysis by the group representing the country’s road builders determined in a report unveiled Feb. 15.
February 15, 2017Hours of Service Exemption Issued in New Hampshire Due to Extreme Cold
Trucks delivering heating fuels in New Hampshire have been declared exempt from hours of service rules by the state’s Department of Safety because of extremely cold weather that followed a series of major snowstorms. The exemption went into effect Feb. 13 and is effective until midnight Feb. 27.
February 15, 2017Factory Production Rises for Fourth Time in Five Months
U.S. factory output increased in January for the fourth time in five months amid gains in machinery and chemicals, extending a gradual recovery in manufacturing.
February 15, 2017Consumer Prices Increase by Most Since February 2013
The U.S. cost of living increased in January by the most since February 2013, led by higher costs for gasoline and other goods and services that indicate inflation is gathering momentum.
February 15, 2017Retail Sales Climb More Than Forecast in Broad Advance
U.S. retail sales rose more than forecast last month in a broad-based advance that indicates the consumer is well-positioned to propel the economy in early 2017.
February 15, 2017More Money, Transparency Needed for DOT’s Freight Grants Program
The new freight grants program at the U.S. Department of Transportation needs additional funding from Congress and greater transparency, the Eno Center for Transportation indicated in a new report.
February 14, 2017Pilot Freight Services Achieves Record Revenue, Shipments in 2016
Privately held logistics provider Pilot Freight Services announced it closed 2016 with record annual revenue of $591 million, up 4.5% from $565 million in the 2015 period.
February 14, 2017