Foxx Says Top Priorities at DOT Would Be Safety, Efficiency, Infrastructure
Transportation Secretary nominee Anthony Foxx told a Senate committee that, if confirmed, his top priorities would be on improving safety, efficiency and infrastructure.
May 23, 2013Celadon to Acquire Canadian Carrier Hyndman Transport
Celadon Trucking Services said it will acquire Canadian carrier Hyndman Transport Ltd. Terms were not disclosed.
May 23, 2013Commercial Vehicle Group Hires New CEO
Component supplier Commercial Vehicle Group said former Caterpillar executive Richard Lavin has been hired as CEO.
May 23, 2013New Home Sales Rise to Three-Month High
New home sales rose 2.3% in April to a three-month high, the Commerce Department said Thursday.
May 23, 2013Initial Jobless Claims Fall by 23,000 for Week
Initial jobless claims fell by 23,000 last week, the Labor Department said Thursday.
May 23, 2013Oil Slides Below $93 a Barrel
Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported.
May 23, 2013YRC Freight Implements New Network Plan
YRC Freight said it has implemented its planned changes in operations that the company said “will deliver even greater service reliability and consistency across their network.”
May 22, 2013Truck Tonnage Rises 4.3% in April
Truck tonnage rose 4.3% in April from the same month last year, the largest year-over-year gain since January, American Trucking Associations said in its monthly report.
May 22, 2013Oil Drops Following DOE Inventory Report
Oil declined more than $1 to near $95 a barrel following a Department of Energy report that showed crude supplies fell and gasoline stockpiles rose last week.
May 22, 2013Wheels Group’s First-Quarter Loss Narrows
Canadian logistics company Wheels Group said its first-quarter loss narrowed from a year ago.
May 22, 2013