Durable Goods Orders Fall in December
Orders for durable goods dropped in December for the first time in five months, the Commerce Department reported.
January 28, 2014Home Prices in 20 Cities Rise by Most in Almost Eight Years
Home prices in 20 major U.S. cities rose in November by the most in almost eight years, according to Standard & Poor’s.
January 28, 2014DOT, EPA Officials Eager to Work With ATA on Policies
WASHINGTON — Two federal executive branch officials told members of American Trucking Associations they are eager to work with the federation on spending and regulatory issues that are developing this year.
January 28, 2014Swift’s Net Income Falls in 4Q
Swift Transportation Co. said its fourth-quarter profit fell as expenses such as salaries, supplies and claims increased.
January 27, 2014XPO Says It Will Sell Stock, Issues Preliminary 4Q Report
XPO Logistics Inc. said it plans to offer 15 million shares to finance the cash portion of its previously announced purchase of Pacer International Inc. for $335 million.
January 27, 2014Covenant Income Rises in Fourth Quarter
Covenant Transportation Group said its net income increased in the fourth quarter to $3.3 million, or 22 cents a share, from $1.5 million, or 10 cents, in the same quarter in 2012.
January 27, 2014Treadway Named ATD’s Truck Dealer of the Year
NEW ORLEANS — Kyle Treadway was named 2014 Truck Dealer of the Year by the American Truck Dealers association.
January 27, 2014Biodiesel Production Hits Record in 2013
The U.S. biodiesel industry produced a record 1.8 billion gallons of the fuel in 2013, according to figures recently released by the Environmental Protection Agency.
January 27, 2014FMCSA Advisory Committee to Consider Highway Bill Proposals
The Federal Motor Carrier Safety Administration’s Motor Carrier Safety Advisory Committee is scheduled to meet Feb. 10-11 to provide ideas for the agency to consider related to the surface transportation bill Congress is developing.
January 27, 2014YRC Teamsters Approve Contract Extension
Teamsters union members at YRC Worldwide Inc. voted to a four-year contract extension through 2019, which the carrier called a “key ingredient” toward refinancing $1.4 billion in debt.
January 27, 2014