Volvo Trucks North America said Friday it has reached tentative agreement with the United Auto Workers union on a new, five-year agreement for workers at its New River Valley heavy-duty truck plant in Dublin, Va.
March 18, 2011Business, Government, Safety, Autonomous
Supply Chains May Not Be Disrupted by Japan Turmoil, U.S. Truck Makers Say
Several truck makers and industry suppliers said their facilities sustained some damage from the March 11 earthquake in Japan, but they were not expecting it to result in significant supply disruptions to North America.
March 18, 2011Business, Logistics
RWI Transportation Opens Terminal in Dallas
RWI Transportation, an asset-based logistics company, said March 10 it opened a new terminal in Dallas to improve its access to the western United States.
March 18, 2011Business
Daimler Forecasts Continued Strong Truck Demand for 2011
Daimler AG booked more truck orders than anticipated in the first two months of this year, underscoring its forecast of significant market growth in 2011, Bloomberg reported Friday.
March 18, 2011Business, Logistics
Intermodal Traffic Grows 6.5% for Week
Intermodal traffic rose 6.5% last week from a year ago, the Association of American Railroads said.
March 18, 2011Business, Fuel
Oil Closes Above $100 a Barrel
Crude oil closed above $100 Thursday after staying below that price for two days, Bloomberg reported.
March 18, 2011Government, Business
Leading Economic Indicators Improve 0.8%
An index of leading economic indicators rose 0.8% in February, the eighth straight monthly increase, the New York-based Conference Board said.
March 18, 2011Business
Gary Salisbury Elected TCA Chairman
Gary Salisbury, president and CEO of Fikes Truck Line, Hope, Ark., was elected chairman of the Truckload Carriers Association for 2011-2012 at TCAs annual meeting in San Diego.
March 17, 2011Business, Equipment
Philadelphia Manufacturing Index Hits Highest Level Since 1984
Manufacturing activity in the Philadelphia region rose to its highest level in 27 years, the Federal Reserve Bank of Philadelphia said.
March 17, 2011Government, Business
NAFTA Surface Trade Rose 24.3% Last Year
Surface transportation trade among the United States, Canada and Mexico rose 24.3% last year from 2009, the Department of Transportation said Thursday.
March 17, 2011