ACT Research Report Signals Weaker October Freight Market
An ACT Research report that showed the first drop-off in October truck freight since 2009 is the latest indicator that weakness in the economy is being reflected in the trucking sector.
November 13, 2015C.H. Robinson Appoints Biesterfeld President of N.A. Surface Transportation Division
Non-asset based logistics provider C.H. Robinson Worldwide Inc. named Robert Biesterfeld president of its North American surface transportation division.
November 13, 2015Consumer Sentiment Climbs as Price Discounts Buoy Shoppers
Consumer sentiment climbed more than forecast in November as Americans took heart in lower interest rates and store discounts.
November 13, 2015Sales Rise Less Than Forecast as Americans Save Gas Money
Sales at U.S. retailers rose less than forecast in October as consumers pocketed the money saved after fueling up their cars.
November 13, 2015ATA, Transportation Groups Want More Funding in Highway Bill
American Trucking Associations joined 39 transportation groups this week in calling on congressional transportation leaders to boost federal investments for infrastructure projects in a multiyear highway bill.
November 12, 2015Los Angeles Cargo Volume Dips 1.5%
Los Angeles, the nation’s largest port, reported that freight handled fell 1.5% last month, compared with 2014, as imports dipped slightly.
November 12, 2015Ryder to Sell Clean Energy Fuels’ Renewable Natural Gas
Ryder System Inc. said it would switch to renewable natural gas from fossil natural gas at its fueling stations in Orange and Fontana, California.
November 12, 2015Kriska Agrees to Acquire TransPro Freight Systems
Kriska Transportation Group Ltd. said it has agreed to acquire TransPro Freight Systems Ltd., based in Milton, Ontario, for an undisclosed amount.
November 12, 2015Teamsters Strike FedEx Freight Terminal
The Teamsters called a strike at a FedEx Freight terminal in the Los Angeles area, but the company said disruption to customers was “effectively minimized.”
November 12, 2015Freight Shipments Decline to Lowest October Level In Four Years, Cass Index Shows
Freight shipments declined last month to the lowest October level in four years, the Cass Information Systems index showed, including a 4.7% drop from September and a 5.3% decline from October of last year.
November 12, 2015