Pending Sales of Existing Homes Decline in June
The index of pending home sales declined 1.1 % in June after rising 6% in May, figures from the National Association of Realtors showed.
July 28, 2014Cummins’ Second-Quarter Income Rises on Higher North America Sales
Engine maker Cummins Inc. said July 28 its second-quarter profit improved on higher North American sales.
July 28, 2014Schneider Expands Intermodal Service to Include Mexico, Canada
Schneider said it has expanded its bulk intermodal trailer service to include new routes into Mexico and Canada.
July 28, 2014US Gasoline Prices Falling on Production, Lundberg Says
U.S. refineries are flexing their muscles and helping lower gasoline prices in the middle of the peak driving season.
July 28, 2014Editorial: Kicking of the Can
Congress is poised to kick the can down the road, and a bumpy road it is. The can we’re talking about is long-term funding for transportation infrastructure, and the bumpy road, of course, is the state of the nation’s bridges and highways.
July 28, 2014June Tonnage Gains 2.3%
Truck tonnage rose 2.3% in June from last year, continuing a positive direction for freight that helped the year’s second quarter rise at a faster pace than the first quarter, American Trucking Associations said last week.
July 28, 2014Opinion: Ensuring Accurate Safety Records
The Federal Motor Carrier Safety Administration announced in a Federal Register notice that starting Aug. 23, carriers and drivers will be able to request the removal of roadside inspection violations from agency data systems to more accurately reflect outcomes of judicial proceedings. What does this mean — and why should it matter to you?
July 28, 2014FedEx Freight Seeks Approval to Run Twin 33-Foot Trailers
FedEx Freight wants to incorporate more widespread use of twin 33-foot trailers into its fleet as soon as next year to boost shipping efficiency and hopes to win congressional approval of those configurations in the next federal highway bill.
July 28, 2014Coolants Require Check-Ups to Maximize Engine Life
Although some fleets and truck makers are turning to extended-life coolants because they are said to lower engine heat and maintenance costs, they still require regular checkups just as conventional coolants do, suppliers said.
July 28, 2014Trailer Orders Soar 43.9%; Strongest June in 15 Years
New trailer orders posted the strongest June in 15 years, ACT Research reported, showing further evidence the sector is poised for its strongest year in nearly a decade.
July 28, 2014