Less-than-truckload carrier Old Dominion Freight Line said it will implement a 4.9% rate increase, effective Sept. 6.
August 24, 2011Business, Logistics
Roadrunner Transportation to Purchase Prime Logistics Corp.
Roadrunner Transportation Systems said it will purchase Prime Logistics Corp., a third-party logistics firm, for $97.5 million.
August 24, 2011Business
Durable Orders Jump 4% in July
Durable goods orders jumped 4% in July, the largest gain in four months, the Commerce Department said Wednesday.
August 24, 2011Business
International Offers New Lease Program
Navistar Inc.’s International Trucks has introduced a lease program that includes back-to-back three-year leases with fixed payments over the six years.
August 24, 2011Business
Old Dominion Sets 4.9% Rate Increase
Business
Red Dot Agrees to Purchase Heating, A/C Maker JBAR
Red Dot, which makes heating and air-conditioning systems for trucks and other heavy vehicles, said it will purchase JBAR A/C, which makes that equipment for construction and material-handling customers.
August 24, 2011Business
Cascade Sierra Solutions Debuts Equipment Financing Program
Cascade Sierra Solutions, a firm that backs emissions-reduction investments for trucking, has announced a $20 million financing program to back purchases of new equipment.
August 24, 2011Business
July Truck Tonnage Rises 3.9%
Truck tonnage rose 3.9% in July from a year ago, American Trucking Associations said Tuesday.
August 23, 2011Business
New ºÚÁϳԹÏÍø Sales Fall to Five-Month Low
New home sales fell for the third straight month in July, declining 0.7% to 298,000, the lowest level in five months, the Commerce Department said Tuesday.
August 23, 2011Business
USA Truck Expects Third-Quarter Loss
USA Truck announced that it expects a net loss for the third quarter of 2011, but said it is too early in the quarter to predict the range of the expected loss.
August 23, 2011Business, Logistics
TransCore Launches Insurance Monitoring Center
TransCore has announced the opening of its CarrierWatch Insurance Monitoring Center, designed to help freight brokers, third-party logistics companies and shippers add new carriers and monitor the ones they already use.
August 23, 2011