Old Dominion Freight Line Opens Facility in North Carolina
Old Dominion Freight Line opened its newest service center May 12 in Kings Mountain, North Carolina.
May 13, 2016BNSF First-Quarter Net Income Drops 24%, Hurt by Coal Shipment Drop-Off
BNSF Railway reported a 24% drop in first-quarter net income tied to a sharp decline in coal shipments that also has afflicted other U.S. railroads.
May 13, 2016Stemco Reaches 50,000 Milestone with TrailerTail Device
Stemco reached a milestone with the sale of its 50,000th TrailerTail device.
May 13, 2016European Logistics Operators Deutsche Post, DSV Boost First-Quarter Results
Two European logistics operators with a U.S. presence have reported higher first-quarter earnings by raising profit margins on businesses such as small parcels and ocean freight.
May 13, 2016Prime Distribution Services Expands in Plainfield, Indiana
Prime Distribution Services, a Roadrunner Transportation Systems company that provides warehousing, consolidation and transportation services, has opened a second location in Plainfield, Indiana.
May 13, 2016Celadon Announces Enhanced Team Driver Pay Plan
Celadon Group Inc. has announced an enhanced pay package for all company team drivers.
May 13, 2016ATA, ATRI, CVSA, NATSO Foundation Partner in Truck Parking Initiative
The American Trucking Associations, the American Transportation Research Institute, the Commercial Vehicle Safety Alliance and the National Association of Truck Stop Operators Foundation will announce a new initiative to address the ongoing issue of truck parking at a press conference in Washington, D.C., on May 18.
May 13, 2016Hapag-Lloyd, Five Asian Liners Form New Shipping Alliance
Hapag-Lloyd AG, Germany’s top container shipping line, and five Asian carriers will form a new vessel-sharing alliance to take on bigger rivals amid a glut in capacity that’s depressed freight rates.
May 13, 2016Consumer Sentiment Jumps to Highest Level in a Year
Consumer confidence in the U.S. jumped in May to the highest level in almost a year, propelled by the strongest views on inflation-adjusted income gains in a decade.
May 13, 2016Retail Sales Rise Most in a Year, Marking US Consumer Comeback
Sales at retailers jumped in April by the most in a year, indicating consumer spending will help the U.S. economy recover from a slowdown earlier this year.
May 13, 2016