Thursday, July 15, 2010
The market for Class 8 vehicles continues to show sustained strength, according to recent data from ACT Research, a provider of data and analysis for trucks and other commercial vehicles.
In a move designed to expand its services in the Midwest, less-than-truckload (LTL) transportation services provider New England Motor Freight (NEMF) said this week it has opened up a new terminal in Toledo, Ohio.
Wednesday, July 14, 2010
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) fell 0.4 percent in May, following two months of sequential increases.
As was the case in May, retail sales were down slightly in June but were up year-over-year, according to data released by the United States Department of Commerce and the National Retail Federation.
Posted on 07/14 at 09:52 AM
California's merchandise export trade in May showed an impressive 25.7 percent gain over May of last year, but still fell well shy of export levels recorded two years ago
Posted on 07/14 at 08:40 AM
Tuesday, July 13, 2010
As the trucking market continues a gradual recovery—despite some recent downward economic indicators—a recent survey from Transport Capital Partners (TCP) indicates that overall market conditions are heading in the right direction.
Posted on 07/13 at 10:29 AM
This proposal, H.R. 4678, requires foreign manufacturers whose products are sold in the U.S. to designate a registered agent for service of process in U.S. courts
Posted on 07/13 at 09:13 AM
The rebound in market conditions for the freight railroad industry—due to an improving economy—is evident based on second quarter earnings results for Class I railroad carrier CSX.
Following a June announcement in which it said it expects to achieve positive EBITDA on a consolidated basis for the second quarter, less-than-truckload (LTL) transportation services provider YRC Worldwide Inc. said it expects second quarter EBITDA within a range of $35 million to $45 million.
Posted on 07/13 at 07:15 AM