Con-way Names Bartos as Interim Truckload President
Con-way Inc. announced the appointment of Hank Bartos as interim president of its Truckload unit, seven days after shifting former President Joe Dagnese to the top post at Con-way Freight.
June 23, 2015Knight Sells Some of Its USA Truck Shares
Knight Transportation Inc. sold 119,419 shares of USA Truck Inc. stock in recent weeks, lowering its stake in the smaller truckload carrier to 6.8% and capitalizing on a sharp rise in the share price.
June 23, 2015Senate Panel Advances Fiscal ’16 Transportation Bill With ELD, Speed Limiter Requirements
WASHINGTON — A Senate subcommittee easily advanced on June 23 a fiscal 2016 funding bill that would require the Department of Transportation to complete its final rule on electronic logging devices and its proposed rule on speed limiters.
June 23, 2015Truck Tonnage Rises 1.8% in May, ATA Reports
Truck tonnage rose 1.8% last month, the smallest year-over-year increase since February 2013, because weakness in factory output and less replenishment of inventory depressed freight levels, American Trucking Associations reported.
June 23, 2015Cost of Transporting, Storing Goods Highest Since Before Recession, CSCMP Report Shows
The cost of moving and storing goods in the United States rose 3.1% in 2014 to $1.45 trillion, the highest level since before the recession, according to an annual State of Logistics report presented by the Council of Supply Chain Management Professionals in Washington, D.C., on June 23.
June 23, 2015Canada Lays Charges Against Railway in Quebec Crash That Killed 47 People
The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment in Quebec that killed 47 people.
June 23, 2015Senate Advances Trade Promotion Authority Bill
The U.S. Senate approved legislation June 23 that would give President Obama enhanced authority to complete free-trade deals, including a landmark agreement with Pacific nations.
June 23, 2015Senators Unveil 6-Year Transportation Policy Bill
The leaders of the Senate Environment and Public Works Committee introduced a six-year transportation policy measure June 23 that would pave the way for improvements along freight corridors and highway infrastructure projects.
June 23, 2015May Trailer Orders Drop 26%; Backlog Remains High
Trailer orders declined 26% year-over-year in May, but order boards and backlogs remained high, with continued strong demand from fleets, ACT Research Co. reported.
June 23, 2015Sales of New Homes Rise to Highest Level in Seven Years
Purchases of new homes in the United States rose in May to the highest level in seven years, signaling the industry is gaining momentum heading toward the second half of the year.
June 23, 2015