Trucking Gains 3,800 Jobs in September; Unemployment Rate Drops to 5.9%
Trucking accounted for 3,800 of the 248,000 jobs added in September, and the unemployment rate declined to 5.9%, the lowest level in six years, the Labor Department reported.
October 3, 2014Former Pilot Flying J President ‘Target’ of Federal Probe
Former Pilot Flying J President Mark Hazelwood has been named a “target” of an ongoing federal probe into fuel rebate fraud, according to a Cleveland television station.
October 3, 2014Daseke Acquires Lone Star Transportation
Daseke Inc. announced Oct. 3 that it is buying Lone Star Transportation, which it called one of the premier open-deck carriers in North America, with nearly 500 tractors and 1,500 diverse open-deck trailers.
October 3, 2014September Truck Orders Jump 32%
Class 8 truck orders jumped 32% in September from a year ago to 24,900, ACT Research Co. reported.
October 3, 2014Volvo Trucks Delivers 1,000th Auto Hauler
Volvo Trucks said it recently delivered its 1,000th Volvo Auto Hauler model, which the company designed specifically for the specialized automobile transport industry.
October 3, 2014Trade Gap Narrows in August on Record Exports
The trade deficit in the U.S. shrank in August to the lowest level in seven months as exports edged up to a record.
October 3, 2014Last Weeks of September Set Intermodal Rail Volume Record
The second, third and fourth weeks of September were the three highest intermodal rail volume weeks on record for U.S. railroads, the Association of American Railroads reported.
October 3, 2014Services Industries Growth Caps Best Quarter Since 2004
Service industries grew in September, capping the strongest quarter of expansion in more than 10 years for the biggest part of the U.S. economy.
October 3, 2014Congestion, Infrastructure Shape Discussion Moderated by Transport Topics During MC&E
Top executives and industry experts plan to explore ways business leaders and government officials can work to relieve congestion along the country’s aging transportation network during a panel discussion Oct. 4-7 at American Trucking Associations’ Management Conference & Exhibition in San Diego.
October 2, 2014Load Boards Show Modest Market Change
The latest weekly load board reports from DAT and Internet Truck Stop showed modest changes on a sequential basis.
October 2, 2014