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Logistics News
Government, Business, Safety, Logistics

TT Archives: Truck Weight Bill

In 1975, President Gerald Ford signed into law a bill allowing states to permit higher truck weights on interstate highways, and it’s worth remembering the reason for the measure – a national speed limit of 55 miles-per-hour had crimped productivity for the nation’s truck drivers.

July 27, 2015
Business, Government, Logistics

Consumer Confidence Declines to Lowest Level in Five Weeks

Consumer confidence declined to a five-week low as Americans grew even more downbeat about the prospects for the economy.

Erin Roman | Bloomberg News
July 23, 2015
Business, Logistics

Intermodal Traffic Rises 2.3% for Week as Carload Decline Continues

U.S. rail intermodal traffic rose 2.3% for the week ended July 18 as carloads continued to decline, the Association of American Railroads reported.

July 22, 2015
Business, Logistics

Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines

Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments.

Frederic Tomesco | Bloomberg News
July 21, 2015
Business, Logistics, Fuel, Government

Diesel Average Falls 3.2¢ to $2.782 Per Gallon; Eighth Consecutive Weekly Drop

Diesel’s national average price declined for the eighth consecutive week, dropping 3.2 cents to $2.782 per gallon, according to a report from the Department of Energy on July 20. The average price of gasoline fell by the identical amount.

July 20, 2015
Business, Logistics

Mack Lands Two Canadian Defense Contracts

The defense division of Mack Trucks has won two contracts to supply vehicles to the Canadian military.

July 20, 2015
Business, Logistics

Radiant Logistics Announces Stock Sale

Radiant Logistics Inc. announced a public offering of 6.67 million shares at $6.75 per share.

July 20, 2015
Business, Fuel, Government, Logistics

Marten Transport, CSX Profits Rise 5%; Lower Fuel Prices Aid Both in 2nd Qtr.

Marten Transport Ltd. and CSX Corp. last week kicked off the reporting season for second-quarter earnings with each posting 5% growth in profits.

Rip Watson | Special to Transport Topics
July 20, 2015
Fuel, Government, Business, Logistics

Gas Tops Diesel for First Time Since ’09 as Calif. Refinery Outages Pinch Supply

The national average price of diesel fuel fell below gasoline for the first time in almost six years after diesel dipped and soaring gas prices in California caused the fuel’s national figure to jump.

Josh Janney | Special to Transport Topics
July 20, 2015
Business, Government, Logistics

Consumer Sentiment in US Backpedals Over Concerns About Economy

Consumer confidence declined in July on concerns global risks will dim prospects for the U.S. economy.

July 17, 2015
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