Jobless Claims Falls by 5,000 For Week
Initial jobless claims declined by 5,000 last week, the Labor Department reported Sept. 26.
September 26, 2013Carriers Predict Increases in Volumes, Rates, TCP Says
Most trucking officials are optimistic that freight volumes will grow and companies will be able to increase their rates, consulting firm Transport Capital Partners said.
September 25, 2013Mack Names Stephen Roy Top Executive
Mack Trucks Inc. promoted Stephen Roy to president of its North American sales and marketing, effective in January.
September 25, 2013Goodyear Opens Highway Hero Award Nominations
Goodyear Tire & Rubber Co. has started accepting nominations for its award that honors truck drivers who have taken risks to help other motorists.
September 25, 2013Smithfield Shareholders Approve Sale to Chinese Firm
Shareholders of pork producer Smithfield Foods Inc. voted Sept. 24 to approve the company’s sale to Shuanghui International Holdings, the largest acquisition of an American company by a Chinese business, Bloomberg News reported.
September 25, 2013Volvo Opens Medical Center at Maryland Facility
Volvo Group said it opened a medical center at its Hagerstown, Md., powertrain facility for employees and their dependents.
September 25, 2013New Home Sales Rise 7.9% in August
New home sales rose 7.9% in August, the Commerce Department reported Sept. 25.
September 25, 2013Durable Goods Orders Climb 0.1% in August
Durable goods orders increased 0.1% in August, the Commerce Department said Sept. 25.
September 25, 2013Hazmat Carriers Would Lose Authority for Not Paying Fines Under Proposal
The Pipeline and Hazardous Materials Safety Administration proposed a rule that would strip hazardous materials motor carriers their operating authority if they fail to pay civil penalties within 90 days.
September 24, 2013Tonnage Rises 6.9% in August to All-Time High
American Trucking Associations’ advanced seasonally adjusted tonnage reached another all-time record last month, rising 6.9% year-over-year to 126.9 as trucking activity continued to improve.
September 24, 2013