New-Home Sales Jump to Highest Level Since February 2008
Purchases of new U.S. single-family homes rose in June to the highest level in more than eight years, indicating a firm and resilient housing market.
July 26, 2016Home Prices in 20 US Cities Climbed Less Than Expected in May
Home prices in 20 U.S. cities rose less than projected in May from a year earlier, signaling both buyers and sellers had the potential to benefit during the busy selling season, according to S&P CoreLogic Case-Shiller data reported July 26.
July 26, 2016Container Volume Drops at Port of Savannah
Rarely does the Port of Savannah — one of the state’s major economic engines — do less business than the year before. Last year, though, was the third time in 15 years that fewer containers passed through the Garden City Terminal.
July 26, 2016Transport Topics Wins National Bronze Azbee Award
Transport Topics won a national bronze prize of the 2016 Azbee Awards of Excellence from the American Society of Business Publication Editors.
July 25, 2016Omni Holdings, Wind Point Partners Announce Acquisition
Private companies Omni Holdings and Wind Point Partners announced acquisitions as the week began, including Omni’s purchase of Tennant Truck Line’s flatbed assets and Wind Point’s move to acquire international freight business St. George Logistics to enter the logistics industry.
July 25, 2016Diesel Drops 2.3¢ to $2.379 a Gallon
The U.S. average diesel retail price declined 2.3 cents to $2.379, the Department of Energy reported.
July 25, 2016ATRI Seeks Input for Top Issues Survey
Surveys asking industry stakeholders to identify the top issues confronting trucking are available, the American Transportation Research Institute announced July 25.
July 25, 2016TransForce Pursues US Truckload Acquisition
Canadian company TransForce Inc. is actively seeking a substantial U.S. truckload market acquisition, CEO Alain Bedard said on a conference call during which the diversified freight and package carrier reported lower second-quarter earnings.
July 25, 2016It's Difficult Finding Room for New Fueling Stations in Big Cities
NEW YORK — Densely populated cities present a challenge for alternative-fuel infrastructure because often there isn’t enough space, officials at one of nation’s largest waste operations said.
July 25, 201628 Visually Impaired Truckers Allowed to Drive Nationwide
Twenty-eight drivers with disabilities in one eye have been allowed to drive trucks on interstate highways, the Federal Motor Carrier Safety Administration announced July 19.
July 25, 2016