Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 01/11 · 12:18 PM · LM Editorial
On the heels of a 0.4 percent increase in November, the December edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) took a sharp turn north with a 2.4 percent increase. Prior to the gains of the last two months, the PCI was down 0.6 percent in November and 0.5 percent and 1.0 percent in September and August, respectively.
Posted 01/11 · 10:25 AM · LM Editorial
Thomas J. Donohue, in his annual “State of American Business Address” to business leaders at the U.S. Chamber of Commerce building across from the White House, is predicting 3.2 percent growth in Gross Domestic Product this year. That figure, higher than what most mainstream economists are predicting, is based on Donohue’s cautious optimism about overall economic conditions, including jobs and growth.
Posted 01/11 · 09:30 AM · LM Editorial
Diesel prices continued their upward march for the week of January 10, according to data released this week by the Department of Energy’s Energy Information Administration (EIA).
Posted 01/07 · 12:51 PM · LM Editorial
Earlier this week, the Federal Motor Carrier Safety Administration said that United States Transportation Secretary Ray LaHood shared “an initial concept document” with members of Congress for a long-haul cross-border Mexican trucking program.
Posted 01/07 · 10:15 AM · LM Editorial
Freight volumes finished 2010 on a somewhat uneven growth path in December, according to the most recent edition of the Cass Information Systems Freight Index.
Posted 01/07 · 03:54 AM · LM Editorial
Four organizations have individually filed amicus briefs in support of American Trucking Association in its challenge to the Port of Los Angeles Concession Agreement regulations
Posted 01/05 · 10:12 AM · LM Editorial
Regional less-than-truckload (LTL) transportation services provider Southeastern Freight Lines (SEFL) said this week it is rolling out a new subsidiary focused on providing expedited service and multi-modal transportation services throughout the U.S.
Posted 01/03 · 09:05 AM · LM Editorial
Based on what various newspaper articles and other reports are saying about the economy’s growth prospects for 2011, it stands to reason there is a healthy sense of optimism in the air, when it comes to assessing the economy as we prepare to dig into what is likely to be an eventful year.
Posted 12/27 · 06:47 AM · LM Editorial
The federal government, which has been tinkering with truck drivers’ hours of service regulations for at least 11 years without exactly getting it right, is assured of going into 2011 with more unfinished HOS business.
Posted 12/22 · 03:52 PM · LM Editorial
?While increasing trade yields tremendous economic benefits, America’s public port agencies strive to both meet the nation's commerce needs and be good stewards of the coastal environment, and have used DERA grants to reduce emissions in some of the country’s most densely populated areas