Monday, June 28, 2010
The market for Class 8 vehicle equipment continues to resonate with good news for orders and production. The most recent news comes from ACT Research Co., a provider of data and analysis for trucks and other commercial vehicles, whom reported that commercial trailer net orders in May were up 59 percent year-over-year.
Beacon Economics' forecast for the U.S. economy continues to be optimistic - in the short run
Posted on 06/28 at 09:06 AM
Senior management is optimistic about economic recovery, but their global operations are ill-prepared to meet a significant upturn in demand, according to a new survey conducted by global management consultancy PRTM.
Posted on 06/28 at 09:00 AM
FedEx recently announced building is underway for a Chicago-area package sorting and delivery station in Greyslake, Illinois.
Posted on 06/28 at 08:53 AM
YRCW has has entered into a definite agreement to sell a portion of its YRC Logistics business to strategic private equity investor Austin Ventures for $37 million.
Posted on 06/28 at 07:42 AM
Friday, June 25, 2010
Trucking tonnage saw its first decline since February, with the American Trucking Associations (ATA) reporting today that its advance seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped 0.6 percent in May.
At this week’s eyefortransport 3PL Summit in Atlanta, LM Group News Editor Jeff Berman conducted an on-stage interview with Leo Suggs, Chairman of the Board and CEO of Greatwide Logistics.
Posted on 06/25 at 09:14 AM
Spurred by strong intermodal growth, weekly railroad volumes remain well ahead of 2009 levels for the week ending June 19, according to the Association of American Railroads.
Third-party logistics (3PL) services provider Evans announced this week it s rolled out a freight brokerage division, entitled Evans Freight Services (EFS).
Thursday, June 24, 2010
A looming truck driver shortage, driven to a large degree by a piece of unpopular legislation, appears to be a matter of “when” rather than “if,” according to trucking and 3PL executives speaking at this week’s eyefortransport 3PL Summit in Atlanta.