Cass Information Systems, the freight bill-processing unit of a St. Louis bank, said that shipments in August rose 16.5% from the same month last year.
September 3, 2010Business
Chassis Responsibility Changes Cause Difficulties for Carriers
Intermodal fleets expect a tough financial and operational transition period as ocean carriers move the responsibility for chassis onto carriers that make international cargo deliveries, according to several carrier officials.
September 6, 2010Business
TIA Pushes for a Crackdown on Brokers that Fail to Provide Enough Bond Money
The Transportation Intermediaries Association is pressing the Federal Motor Carrier Safety Administration to shut down more companies that fail to provide adequate funds to reimburse fleets when brokers fail to pay carriers.
September 6, 2010Business, Fuel
Diesel Falls 1.9¢ to $2.938 in Third Straight Decline
The U.S. retail diesel and gasoline price averages both declined for the third straight week, the Department of Energy said Aug. 30, with diesel dipping 1.9 cents a gallon to $2.938 and gasoline shedding 2.2 cents to $2.682, the lowest level in six months.
September 6, 2010Business, Safety, Government, Autonomous
TTNews To Close Monday for Labor Day
Transport Topics Online will be closed Monday for the Labor Day holiday. Please check back on Tuesday, Sept. 7, for the latest trucking and freight transportation news.
September 3, 2010Business
Cass Freight Shipment Index Rises
Business, Fuel
Oil Slips to Near $74 a Barrel
Oil prices to near $74 a barrel Friday following economic data that showed the service sector’s growth slowed, Bloomberg reported.
September 3, 2010Business
Unemployment Rate Rises to 9.6%; Trucking Jobs Hold Steady
The U.S. unemployment rate rose to 9.6% in August from July’s 9.5%, with trucking jobs taking a slight upturn, the Labor Department said Friday.
September 3, 2010Business, Equipment
ISM Services Index’s Growth Slows in August
The U.S. economy’s service sector expanded in August, though its pace of growth slowed, the Institute for Supply Management said Friday.
September 3, 2010Business, Logistics
Intermodal Traffic Continues Strong Pace
Intermodal traffic reached its highest weekly level this year for a third straight week, the Association of American Railroads said.
September 3, 2010Business, Safety, Government, Autonomous
TTNews.com Closed Monday for Labor Day
Transport Topics Online will be closed Monday, Sept. 5, for the Labor Day holiday. Please check back on Tuesday, Sept.6, for the latest trucking and freight transportation news.
September 2, 2010