Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.

Pickens points to natural gas as a boost for the trucking industry and to cut down on OPEC imports

Posted 05/16 · 08:24 AM · LM Editorial
With gas prices making everyone uncomfortable, again, those same old fears about energy prices are back in the forefront. But it does not have to be these way. In fact, it should not be this way—period. That is how T. Boone Pickens, founder and chairman of BP Capital Management, sees it.

Ceridian-UCLA Pulse of Commerce Index is down 0.5 percent in April

Posted 05/13 · 09:12 AM · LM Editorial
On the heels on a 2.7 percent gain in March, following a cumulative 2.8 percent decline in January and February, the April edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) was down 0.5 percent. The PCI has been down on a sequential basis in six of the last nine months, but it was up 3.5 percent compared to April 2010 and has been up annually for 17 consecutive months.

Cass Freight Index shows signs of flattening volumes

Posted 05/06 · 10:34 AM · LM Editorial
While the Cass data showed growth in February and March following three months of decreases, April was relatively flat on a sequential basis. April shipments at 1.113 were up 12.3 percent annually and 0.45 percent compared to March’s 1.108, with shipments above for the 1.0 mark for the 11th straight month going back to May 2010’s 1.014 breaking the 1.0 level for the first time since November 20008.

YRCW reports $102 million net loss in first quarter

Posted 05/06 · 09:14 AM · LM Editorial
Earlier today, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported a $102 million net loss in the first quarter and a $2.14 loss per share. Despite the losses, company officials said this represented an improvement over the first quarter of 2011, which saw a net loss of $274 million and $13.15 per share.

Echo Global Logstics reports strong Q1 earnings

Posted 05/05 · 12:10 PM · LM Editorial
First quarter earnings for Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services, saw total revenue-at $129.4 million-increase by 45.3 percent compared to the first quarter of 2010.

Preliminary Class 8 net orders in April hit highest level since 2006, says ACT Research

Posted 05/05 · 09:35 AM · LM Editorial
ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said this week that a preliminary reading of heavy-duty Class 8 commercial vehicles net orders for North American markets hit 32,800 units in April.

BTS reports surface trade with NAFTA partners is up 11.8 percent in February

Posted 05/03 · 09:49 AM · LM Editorial
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 11.8 percent in February 2011 compared to February 2010 increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).

“Milestone” reached by YRCW, restructuring scheduled to close in July

Posted 05/02 · 10:12 AM · LM Editorial
YRC Worldwide, the financially ailing second-largest less-than-truckload (LTL) company which has lost in excess of $2.7 billion the last four years, says it has reached another “milestone” in its long-awaited restructuring plan now scheduled for completion in July.

JDA moves forward with next steps of its product roadmap

Posted 05/02 · 09:16 AM · LM Editorial
The company has released JDA Transportation & Logistics Management 6.3.4, which company officials said is the “second phase” of its post i2 acquisition transportation and logistics product roadmap integration plan rolled out in April 2010.

ACT reports commercial trailer net orders and shipments are on the rise

Posted 04/29 · 07:55 AM · LM Editorial
Commercial trailer net orders and shipments in March saw significant gains compared to February, according to data from ACT Research Co., a provider of data and analysis for trucks and other commercial vehicles.

Page 45 of 66 pages ‹ First  < 43 44 45 46 47 >  Last ›




© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA