S.C., N.C., Virginia Waive HOS Requirements During Tropical Storm
With Tropical Storm Hermine blowing on the coasts of their states, the governors of North Carolina, South Carolina and Virginia have waived hours-of-service requirements.
September 2, 2016Celadon Group Net Income Plummets, Hurt by Weaker Equipment Sale Gains
Celadon Group Inc. fiscal fourth-quarter earnings plummeted 87% to $1.62 million, or 6 cents per share, hurt by a precipitous drop in gains on equipment dispositions, claims costs, higher expenses and the weak freight market that put a lid on efforts to raise rates.
September 2, 2016UPS Rates to Rise After Holiday Sales Season
The price of getting parcels to their destination via UPS is going up after the holiday sales season.
September 2, 2016New Service Comparable With Trucking Option, BNSF Railway Says
BNSF Railway will offer intermodal customers a new service option to move commodities and a wide range of consumer goods between Portland, Oregon, or Seattle and the Dallas/Fort Worth area.
September 2, 2016America’s Trade Deficit Narrowed in July More Than Forecast
The U.S. trade deficit narrowed in July more than forecast as the value of shipments to overseas customers reached a 10-month high.
September 2, 2016Factory Orders Post Largest Increase in Nine Months
New orders for U.S. factory goods recorded their largest increase in nine months in July as demand increased broadly, an encouraging sign for the embattled manufacturing sector.
September 2, 2016Clean Diesel Technologies Converts Indebtedness to Shares of Stock
Heavy-duty supplier Clean Diesel Technologies Inc. said it has converted about $8.9 million in total indebtedness into shares of CDTI’s common stock.
September 2, 2016Clean Energy Expands Customer Base
Mark W. Clemons Trucking, a U.S. Postal Service carrier, has named Clean Energy Fuels Corp. its preferred provider for compressed natural gas fueling services in Arizona and California.
September 2, 2016Georgia Port Officials Defend Top Execs' Pay; Critics Call it Excessive
The past two directors of the Georgia Ports Authority will combine to earn $1 million in pension payments alone this year.
September 1, 2016Update: Freightliner Says New Cascadia Offers Fuel Gains, Connectivity Advancements
COLORADO SPRINGS, Colo. — Freightliner Trucks unveiled its nearly completely redesigned Cascadia tractor here that executives said is up to 8% more fuel efficient over the current Evolution model and features major advancements in a number of other key areas.
September 1, 2016