Port of Virginia Breaks Another Yearly Record for Container Volume
For the third year in a row, the Port of Virginia set a record for cargo container volume in 2015, while also setting all-time highs for truck and rail-container volume.
January 14, 2016Truck Miles Up; Fatalities, Fatality Rate Down in 2014, ATA Analysis Shows
The rate and total number of fatalities involving trucks weighing at least 10,000 pounds declined in 2014 from the prior year, according to newly released federal data.
January 14, 2016CSX to Build East Coast Intermodal Hub in North Carolina
Railroad behemoth CSX on Jan. 14 said it would make Johnston County, North Carolina, an East Coast hub for shipping and receiving cargo containers.
January 14, 2016Rep. Ken Buck Seeks to Authorize Twin 33s Nationwide
Twin 33-foot trailers would be authorized nationwide under legislation Rep. Ken Buck (R-Colo.) introduced this month.
January 14, 2016Veeder-Root, ABF Freight Sign Deal to Manage Fuel Costs
Veeder-Root, a supplier of fuel management software and hardware, announced a multiyear contract with less-than-truckload carrier ABF Freight, a subsidiary of ArcBest Corp., for bulk fuel-management services.
January 14, 2016USA Truck Appoints Randy Rogers New CEO
USA Truck Inc. appointed logistics executive John "Randy" Rogers its new CEO, effective Jan. 14.
January 14, 2016U.S. Xpress Enterprises Announces 13.5% Safety-Based Performance Pay Increase
U.S. Xpress Enterprises announced it will raise base mileage pay March 1 by an average of 13.5% for solo over-the-road drivers who have not had accidents, tickets or Compliance, Safety, Accountability violations for a 12-month period in an effort to reward safe operation as well as retain drivers.
January 14, 2016Brent Crude Oil Dips Below $30 a Barrel for First Time Since 2004
Brent oil dropped below $30 a barrel for the first time since April 2004 on speculation Iranian shipments will soon climb.
January 14, 2016Consumer Comfort Improved Last Week to Three-Month High
Consumer confidence in the United States last week reached a three-month high, driven by a more upbeat assessment of the world’s largest economy.
January 14, 2016Jobless Claims Unexpectedly Increased Last Week
The number of applications for unemployment benefits unexpectedly increased last week, a sign labor market momentum may be starting to cool.
January 14, 2016