Gain in US Leading Index Points to Q2 Rebound
The index of U.S. leading indicators rose in April for the fourth straight month, showing the economy will strengthen after a slowdown earlier this year.
May 22, 2014Jobless Claims Rise by 28,000 for Week
Jobless claims increased by 28,000 to 326,000 in the week ended May 17, after 298,000 filings a week earlier that were higher than initially reported, according to the Labor Department.
May 22, 2014Schneider Logistics to Pay $21 Million to Dockworkers in Class-Action Lawsuit
Schneider Logistics will pay $21 million to settle a class-action civil lawsuit brought by about 1,800 Southern California dockworkers who claimed they were not paid properly.
May 22, 2014Russia, China Sign 30-Year, $400 Billion Natural Gas Deal
Russia and China signed a $400 billion deal in which Russia will supply natural gas to China for 30 years.
May 22, 2014House Panel Approves $52B Transportation, Housing Funding Bill
The full House will take up a $52 billion spending bill that would fund transportation and housing programs in fiscal 2015 as early as this month.
May 21, 2014Certified Medical Examiners Now Required for Physical Exams
Rules that require commercial drivers to use certified medical examiners for mandatory physical examinations went into effect May 21.
May 21, 2014ATA Backs Indexing Fuel Tax to Inflation
American Trucking Associations said it has endorsed indexing the federal fuel taxes based on inflation and adding an annual “highway access fee” for all motorists, as well as several other options to address the nation’s surface transportation infrastructure funding crisis.
May 21, 2014Volvo’s North American Deliveries Rise 14%
Volvo Group’s North American heavy-duty truck deliveries rose 14% in April from the same month last year, the company reported May 21.
May 21, 2014Fleets Increasingly Using Technology to Recruit Drivers, Executives Say
PRINCETON, N.J. — Fleet executives said they are increasingly using technology to aid recruitment and retention efforts as the industry’s driver shortage worsens.
May 21, 2014BNSF Launches Intermodal Service Between Chicago and Silao, Mexico
BNSF Railway said it has launched intermodal service between Chicago and Silao, Mexico, in partnership with Ferromex, Mexico’s largest railroad.
May 21, 2014