Consumer Confidence in US Rises to Three-Month High
Consumer confidence improved in January to a three-month high as Americans grew more upbeat about the prospects for the economy, labor market and their incomes.
January 27, 2016New Mexico Proposes Plan to Recover Millions From Tax-Dodging Truckers
The New Mexico Department of Transportation is asking lawmakers to change how weigh stations are managed in an effort to capture as much as $56 million a year that analysts estimate the state is losing to truckers who don’t pay fees to haul their loads across New Mexico roads.
January 27, 2016Land Air Express of New England, North East Freightways Create Commercial Alignment
Land Air Express of New England Ltd. and North East Freightways Inc. have created a commercial alignment to make more efficient use of the carriers’ resources two weeks after Land Air Express resumed operations.
January 26, 2016Swift Fourth-Quarter Net Income Rises 24%
Swift Transportation Co. improved fourth-quarter net income by 24% to $72.5 million, or 51 cents per share, helped by operational improvements throughout the company and improved profits at its dedicated freight unit.
January 26, 2016National Diesel Average Falls to $2.071, Down 4.1¢
The U.S. retail diesel average fell for the 11th consecutive week, dropping 4.1 cents a gallon to $2.071, while in two regions of the country average prices dropped below $2 a gallon, the Department of Energy reported Jan. 25.
January 26, 2016Accuride’s New Steel Wheel Has Corrosion Warranty; Lighter Weight Brake Drums in Development
Heavy-duty supplier Accuride Corp. introduced EverSteel, a new steel wheel that uses a four-phase coating technology and comes with a five-year warranty against corrosion, both industry firsts, the company said.
January 26, 2016Georgia Port Cargo Slumps 6.3% in December
The Georgia Ports Authority reported that containerized cargo slumped 6.3% in December, marking the first year-over-year decline since July 2013.
January 26, 2016CargoNet Reports 1,500 Commercial Cargo and Vehicle Thefts in 2015
CargoNet received reports of more than 1,500 incidents of stolen commercial-vehicle cargo or equipment in the United States and Canada during 2015, the theft prevention and recovery network said.
January 26, 2016Lower Fuel Prices Have Broad Impact
When your trucks average 8 miles per gallon, lower gasoline prices at the pump can be a welcome addition to the bottom line.
January 25, 2016Polaris Transportation Group Launches Priority LTL Service
Polaris Transportation Group said it added a premium less-than-truckload service that guarantees delivery by noon the next day to Chicago and New York City from the greater Toronto area.
January 25, 2016