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

Vitran completes acquisition of Milan’s LTL operations

Posted 02/22 · 10:34 AM · LM Editorial
Milan provides regional LTL services in the central and southern regions of the United States. By bringing Milan into the fold, Vitran gains 16 terminals in new markets, including Alabama, Georgia, Mississippi, North Carolina, and South Carolina.

Legislation for heavier trucks re-introduced in the House

Posted 02/21 · 01:19 PM · LM Editorial
Legislation focused on increasing truck size and weights was reintroduced to Congress last week by Representatives Mike Michaud (D-Maine) and Jean Schmidt (R-Ohio).

Funding questions are front and center in proposed surface transportation bill

Posted 02/18 · 01:52 AM · LM Editorial
On the heels of President Obama’s recently released proposed fiscal year 2012 budget request, there have been no shortages of opinions regarding the transportation components of the budget, most notably the proposed six-year, $556 billion surface transportation reauthorization proposal.

January retail sales numbers show continued gains, according to Commerce and NRF

Posted 02/15 · 09:58 AM · LM Editorial
Retail sales began 2011 on a relatively promising note, according to data released by the United States Department of Commerce and the National Retail Federation (NRF). January retail sales, which include non-general merchandise like automobiles, gasoline, and restaurants, were $381.6 billion for a 0.3 percent increase from December and a 7.8 percent increase over January 2010, according to Commerce.

Diesel prices move up another 2.1 cents per gallon

Posted 02/15 · 07:45 AM · LM Editorial
Another week brought another increase in the price per gallon of diesel, with prices rising 2.1 cents this week to $3.534 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). On an annual basis, diesel prices are up 77.8 cents.

Proposed fiscal year 2012 budget represents increases for transportation funding

Posted 02/14 · 01:15 PM · LM Editorial
From a supply chain and logistics perspective, the most interesting part of this budget is the proposed six-year, $556 billion surface transportation and reauthorization proposal.

TransCore data cites increased truckload freight availability in February

Posted 02/14 · 09:29 AM · LM Editorial
In 2010, easy annual comparisons to a troubled 2009 often paved the way for favorable data trends in the freight transportation sector. Based on recent data in TransCore’s TrendLines report, those comparisons for the trucking sector are still heading in the right direction early into 2011.

WikiLeaks documents suggest Saudi Arabia is running out of oil

Posted 02/10 · 09:21 AM · LM Editorial
Diplomat(s) expressed increasing concern that Saudi Arabia is no longer able to lift oil production at a rate fast enough to prevent oil prices from escalating.

BTS Freight Transportation Services Index up 1.5 percent in December

Posted 02/09 · 12:22 PM · LM Editorial
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) increased 1.5 percent in December, following a 0.3 percent decline in November.

Ceridian-UCLA Pulse of Commerce Index falls 0.3 percent in January

Posted 02/09 · 10:37 AM · LM Editorial
Following an impressive 2.4 percent sequential gain in December, the January edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) fell 0.3 percent in January, due, in part to harsh weather conditions throughout much of the United States.

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