Trailer Orders Fail to Clear 17,000 in October
U.S. trailer orders dropped below 17,000 in October, despite strong demand, to far below a year earlier when orders were the second-most in industry history, ACT Research reported.
November 17, 2021Storm of the Century Stalls Canada’s Biggest Port, Idles Freight
Traffic at Canada’s largest port has been cut off by what local officials are calling the storm of the century, the latest snag to hit the North American supply chain.
November 17, 2021Home Construction Dips 0.7% in October
Construction of new homes in the U.S. fell 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that supply chain problems that have dogged them for much of the year will soon ease.
November 17, 2021Canada Inflation Accelerates to 4.7%, Highest Since 2003
Canadian inflation climbed to the highest in two decades, adding pressure on the Bank of Canada to raise interest rates.
November 17, 2021Canadian Pacific Railway Starts Bond Sale for KC Southern Deal
Canadian Pacific Railway Ltd. is tapping the U.S. investment-grade bond market to help fund its acquisition of Kansas City Southern.
November 17, 2021Cincinnati Court Chosen to Consider Biden Vaccine Mandate
Challenges to President Joe Biden’s COVID-19 vaccine mandate for private employers will be consolidated in the U.S. 6th Circuit Court of Appeals.
November 16, 2021Tapping US Oil Reserve Would Have ‘Short-Lived’ Impact, EIA Says
Releasing oil from the U.S. government’s strategic reserve would have a “short-lived” impact on soaring fuel prices, according to the U.S. Energy Information Administration.
November 16, 2021Analyzing the Industry's Most Critical Concerns
At the American Trucking Associations' 2021 Management Conference & Exhibition, the American Transportation Research Institute (ATRI) released their annual report "Critical Issues in the Trucking Industry." For the fifth year in a row, the driver shortage led the list of top industry concerns.
November 16, 2021FleetPride Adds 29th Location in Texas
FleetPride Inc. announced it acquired the assets of Jim’s Truck & Trailer Equipment in Wichita Falls, Texas.
November 16, 2021October Classes 4-7 Sales Stall
U.S. retail sales in October of Class 4 through Class 7 medium-duty commercial vehicles were almost flat compared with a year earlier at just above 21,000, WardsAuto .com reported.
November 16, 2021