Volvo’s North American Deliveries Jump 55%
Volvo Group’s North American heavy-duty truck deliveries jumped 55% in February from a year ago, the company said March 20.
March 20, 2014Georgia Approves Additional $35 Million for Savannah Harbor Expansion
The Georgia state legislature approved an additional $35 million for the Savannah Harbor Expansion Project, according to the Georgia Ports Authority.
March 20, 2014Sales of Existing Homes Fall to Lowest Since 2012
Purchases of previously owned homes in the United States declined in February to the lowest level since July 2012, a sign the industry may be slow to recover.
March 20, 2014Leading Economic Indicators Rise; Manufacturing Rises in Philadelphia
The index of U.S. leading indicators increased in February, a sign the economy will strengthen after a weather-induced slowdown in the first quarter.
March 20, 2014Jobless Claims Held Last Week Near Four-Month Low
The number of Americans filing applications for unemployment benefits held last week near the lowest level in almost four months, a sign the labor market continues to strengthen.
March 20, 2014B.C. Government Plans Legislation to End Truckers’ Strike at Port of Vancouver
The British Columbia government plans to introduce back-to-work legislation for drayage truckers on strike at Port Metro Vancouver, Canada’s largest port.
March 20, 2014FedEx Corp.’s 3Q Income Rises 5%
FedEx Corp. reported its fiscal third-quarter net income rose 5% to $378 million, or $1.23 per share, from $361 million, or $1.13, a year ago, as difficult operating conditions held back stronger earnings improvement.
March 19, 2014UPS Opens Sorting Facility at Mexican Border
UPS Inc. said it has opened a new package sorting and delivery facility in Laredo, Texas, on the border with Mexico, to double the site’s previous capacity.
March 19, 2014FMCSA Shuts Down Two Carriers
The Federal Motor Carrier Safety Administration announced March 19 it has shut down two motor carriers for disregarding federal safety regulations and putting their companies’ drivers, passengers and the public at risk.
March 19, 2014Wyoming DOT to Study 80 MPH Speed Limit
The Wyoming Department of Transportation is planning a study to determine which highways would be safe to raise the speed limit to 80 mph.
March 19, 2014