Virginia Port Authority Reports Container Volume Rises Slightly
Container volume at the port’s terminals ticked slightly upward in January, posting a year-over-year gain of 0.4%, the Virginia Port Authority announced Feb. 16.
February 18, 2016Americans' Expectations for Economy Decline to Three-Month Low
Americans’ expectations for the economy declined in February to a three-month low as optimism propelled by job growth and cheaper gasoline at the start of the year faded.
February 18, 2016Biden Calls for Increased Transportation Infrastructure Investment
Vice President Joe Biden called for greater public investment in transportation infrastructure during a Feb. 17 visit to a logistics yard east of Memphis, Tennessee.
February 18, 2016Jobless Claims Decline to Lowest Level Since November
The number of Americans filing for unemployment benefits unexpectedly declined last week to a three-month low, signaling durability in the labor market.
February 18, 2016Lytx to Be Sold to Private Equity Firm GTCR for $500 Million
Lytx Inc., the largest supplier of video-based safety systems for the trucking industry, has agreed to be acquired by private equity firm GTCR for more than $500 million.
February 18, 2016Pennsylvania Facing Transportation Funding Shortfall
Pennsylvania Secretary of Transportation Leslie Richards dropped a bit of a bombshell on the state’s transportation world when she announced that her department was facing a shortfall of at least $6 billion.
February 17, 2016Lawmakers to Look at Legislation to Fix Hours-of-Service Rule ‘Glitch’
Lawmakers on Capitol Hill will look at legislation that would provide a short-term authorization of the Federal Aviation Administration to attach technical language pertaining to an hours-of-service rule for truckers in a fiscal 2016 funding law.
February 17, 2016Bridgestone Launches Steer Tire for Longhaul, Regional Applications
Bridgestone Americas Inc. introduced a new, SmartWay-certified steer tire for longhaul and regional trucks, the tire maker said Feb. 16.
February 17, 2016Analysis: Amazon-FedEx — Crazy or Worth Considering?
Amazon.com Inc.'s aspirations of building a global logistics operation have spurred rumblings about whether a takeover of FedEx Corp. may be a cheaper and swifter means to an end. Is there merit to the idea?
February 17, 2016Wabash to Introduce New Rear Impact Guard
Trailer maker Wabash National Corp. will introduce a new rear impact guard option at the end of February at a major industry conference, the manufacturer said Feb. 16.
February 17, 2016