GDP, Cass Freight Index Show Positive Signs for Trucking
Two economic reports released Nov. 29 brought some optimistic signs that the transportation and warehousing industries might be recovering from the problems of earlier in 2016, industry experts said.
November 29, 2016Consumer Confidence Rises to a Nine-Year High
Consumer confidence rose in November to the highest level since July 2007 on increased optimism about the U.S. labor market and economy, according to a report Nov. 29 from the New York-based Conference Board.
November 29, 2016Mark Lowe Named Iowa’s Interim Transportation Chief
Mark Lowe became the interim director of the Iowa Department of Transportation on Nov. 29, replacing Paul Trombino, who announced his resignation on Nov. 10.
November 29, 2016Piedmont Natural Gas Expands Nashville Facility
Piedmont Natural Gas said it is adding a third dispenser island at its two-year-old public compressed natural gas refueling station in Nashville, Tennessee, to serve a rapidly growing customer base that includes a mail-delivery contractor and regional haulers taking advantage of the station’s proximity to Interstate 40.
November 29, 2016Transplace Acquires Canadian Logistics Firm
Transplace, a third-party logistics provider, has acquired Lakeside Logistics of Ontario, in a move the Dallas-based company stated will further build its presence in Canada.
November 28, 2016Stoughton Dealer Network Adds Ervin Equipment
Stoughton Trailers has added Ervin Equipment Inc. to its network of North American dealers. The Ervin sales territory will be focused on the South as well as a few other strategic areas, the trailer maker said.
November 28, 2016House Democrat Says Party Promotes Infrastructure, P3s
The Democrats’ platform includes supporting new infrastructure projects through the help of private capital, Rep. Tim Ryan, an Ohio Democrat challenging House Minority Leader Nancy Pelosi for her leadership post this week, said on Meet The Press.
November 28, 2016October Tonnage Dips 0.9% From 2015
Truck tonnage sagged 0.9% in October versus a year ago, the second consecutive decline in American Trucking Associations’ monthly index, despite other positive economic numbers in the retail, manufacturing and industrial sectors.
November 28, 2016Opinion: Addition by Subtraction
In a time of business growth, trucking companies may find themselves trying to keep up with increasing demands, including fleet management needs. Regardless of whether the business grows organically or through a merger or acquisition, you need to find a way to manage the needs of your business and customers. However, simply adding more vehicles to your fleet isn’t always the right answer. Sometimes, it comes down to “addition by subtraction.”
November 28, 2016Big Drop in Class 8 Registrations Signals End of Truck-Buying Spree
A sharp decline in registrations of new trucks is taking the air out of what has been a remarkably robust period of growth in the size of the nation’s Class 8 fleet.
November 28, 2016