Landstar System said it has purchased two Michigan-based supply chain transportation firms that focus on transportation technology systems.
July 2, 2009Business, Safety, Government, Autonomous
TTNews to Close Monday for July 4th Holiday
Transport Topics Online will be closed on Monday, July 5, for the Independence Day holiday. Please check back on Tuesday, July 6, for the latest trucking and freight transportation news.
July 2, 2009Business, Safety, Logistics
Truck Traffic Deaths Decline 12%, NHTSA Says
The number of Americans killed in truck-related crashes fell 12% in 2008 to 4,229, the National Highway Traffic Safety Administration said.
July 2, 2009Business, Safety, Government, Logistics
Amerijet Acquires Nations Express
Transportation and logistics firm Amerijet International said it will acquire a majority interest in Nations Express.
July 2, 2009Business, Government
Factory Orders Rise in May
U.S. factory orders rose in May for the third time in four months, the Commerce Department said Thursday.
July 2, 2009Business, Safety, Government, Technology, Equipment
Landstar Buys Two Supply Chain Companies
Business
Unemployment Rate Rises to 9.5%
The U.S. unemployment rate rose to 9.5% in June from 9.4% in May, the Labor Department said Thursday.
July 2, 2009Business
Jobless Claims Fell Last Week
Initial jobless claims fell by 16,000 last week, the Labor Department said Thursday.
July 2, 2009Business, Safety, Government
Opinion: Consider GAAP Financial Statements
Finding quality financing for trucks and trailers recently has become more difficult for many trucking companies. The market has changed. Since last autumn, several transportation lenders have exited the business either permanently or temporarily, in large part because of losses and a lack of liquidity.
July 2, 2009Business, Safety, Government
NAFTA Surface Trade Declines Again
Surface transportation trade among the United States, Canada and Mexico fell 33.1% in April from a year earlier, the Department of Transportation said Wednesday.
July 1, 2009Business
YRC, Teamsters Continuing Negotiations
Less-than-truckload carrier YRC Worldwide Inc. and the Teamsters union have traded plans this week to help the company generate short-term cash, the Teamsters said.
July 1, 2009