Business inventories rose 0.4% in June, and sales increased 0.3%, the Commerce Department reported Aug. 13.
August 13, 2014Government
Trucker in I-55 Fatal Crash Has Operating Authority Suspended, FMCSA Says
A federal truck safety regulator has suspended the operating authority of a truck driver who was involved in a headline-grabbing fatal crash on Interstate 55 in Illinois last month.
August 12, 2014Government
US Postal Service Reports $2 Billion Loss
The U.S. Postal Service ended its fiscal third-quarter with a loss of $2 billion, compared with a loss of $740 million for the same period a year earlier.
August 12, 2014BusinessGovernmentLogistics
Import Volume Expected to Hit Record High in August
Import volume at U.S. container ports is expected to hit an all-time high in August as retailers rush to bring in holiday merchandise on concerns about West Coast longshoremen’s contract negotiations, according to the National Retail Federation.
August 12, 2014Government
FTR’s Trucking Conditions Index Rises in June
FTR’s Trucking Conditions Index increased in June after moderating slightly the prior two months, the group said.
August 11, 2014GovernmentBusiness
Obama Signs Trust Fund Rescue into Law
President Barack Obama on Aug. 8 signed into law a $10.8 billion bill that keeps a federal highway account funded through May 2015.
August 11, 2014BusinessSafetyGovernmentTechnologyEquipmentLogistics
Roadrunner to Acquire Logistics Firm Active Aero
Roadrunner Transportation Systems Inc. said it agreed to acquire the logistics company Active Aero Group from Aero's parent company, Platinum Equity for $115 million.
August 11, 2014Government
NTDC State-by-State List of Competitors
Here is a state-by-state list of competitors at the 2014 National Truck Driving Championships in Pittsburgh:
August 11, 2014Government
CSA Enforcement Varies Widely from State to State, Study Says
Carriers’ profile scores in the Compliance, Safety, Accountability program can be dramatically affected by varying state enforcement priorities, a new study found.
August 11, 2014GovernmentBusiness
Missouri Voters Solidly Reject Amendment to Increase Sales Tax for Highway Projects
Missouri voters last week defeated a proposed constitutional amendment that could have raised as much as $6 billion by increasing the state’s sales tax to pay for infrastructure improvements.
August 11, 2014