Decline in Jobless Claims Shows Resilient Job Market
Fewer Americans lined up last week to file for jobless benefits, highlighting the persistent strength of the labor market.
September 10, 2015Secretary Foxx: Congress ‘Can Achieve a Bipartisan Bill’ (with video)
WASHINGTON — With about a week to go before a House transportation panel takes up a multiyear highway bill, the country’s top transportation officer said the timing is right for both chambers of Congress to finally approve such legislation.
September 9, 2015MacroPoint Expands Integration with TMW
Freight-tracking provider MacroPoint said it has enhanced its integration with TMW Systems’ TMWSuite transportation management software to provide freight brokers, shippers and third-party logistics firms with greater visibility into load location.
September 9, 2015UPS Adds Electric Vehicles With Longer Range
UPS Inc. announced that it purchased 125 additional hybrid electric delivery trucks as part of a broader program to deploy electric-powered vehicles with longer range and performance.
September 9, 2015Dicom Acquires Eastern Connection
Private-equity investment firm Wind Point Partners said its Dicom Transportation Group, a business-to-business expedited transportation service based in Montreal, acquired Eastern Connection, a regional overnight parcel business that operates in the northeastern United States.
September 9, 2015Ryder Destroys Volvo Truck in Demo, Challenges Technicians to Fix in 24 Hours
Ryder challenged a team of its technicians to repair a tractor that had run over a spike strip, drove through an exploding debris field and was hit with a 2-ton wrecking ball as part of its “Project Rebirth.”
September 9, 2015DOE Predicts High Inventories, Soft Prices for Crude, Refined Products
World and U.S. markets for crude oil and refined petroleum will continue to favor buyers in the short term, by a little more than recently expected, the U.S. Department of Energy predicted in a Sept. 9 report.
September 9, 2015US Diesel Average Increases for 1st Time in 14 Weeks
Labor Day marked the end of the 14-week price holiday for diesel, as the U.S. average retail price rose by 2 cents a gallon to $2.534, the first such increase since Memorial Day.
September 8, 2015White House to Appoint Former NY Transportation Chief to Infrastructure Advisory Council
Former New York state Department of Transportation Commissioner Joan McDonald will be appointed to a post on the National Infrastructure Advisory Council, the White House announced in late August.
September 8, 2015Old Dominion Freight Line Reports Higher Tons Per Day for July, August
Old Dominion Freight Line Inc. reported its less-than-truckload tons per day increased 7.7% in July and 5.8% in August year-over-year, while revenue dipped amid constraints on fuel surcharges.
September 8, 2015