Canada is planning legislation to end a general strike at the Port of Montreal that’s bound to worsen congestion at other sites and add to global shipping delays.
April 26, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Orders for Durable Goods Rebound in March
WASHINGTON — Orders for big-ticket manufactured goods rebounded 0.5% in March as U.S. factories recovered from February weather disruptions. However, the recovery was not as strong as most had expected due to ongoing supply chain disruptions that continue to ensnare U.S. manufacturers.
April 26, 2021Biden’s Postal Board Nominees Say Restoring Service Is Vital
President Joe Biden’s nominees to the governing board of the U.S. Postal Service pledged April 22 to rebuild trust with the American public through prompt deliveries, as they outlined a vison for the agency in their first formal statements to lawmakers.
April 22, 2021Old Dominion Freight Line Reports Strong Q1 Growth
Old Dominion Freight Line saw revenue and net income rise for the first quarter of 2021, the company reported April 22.
April 22, 2021Mullen Posts Increased Q1 Earnings on Declining Revenue
Mullen Group nearly tripled its earnings but saw revenue decline in the first quarter as growth was hindered by Canada’s slow recovery from the COVID-19 pandemic.
April 22, 2021Republicans Counter Biden With $568 Billion Infrastructure Plan
A $568 billion plan that focuses on surface transportation connectivity improvements and greater access to broadband internet for rural residents was unveiled by the Republican leadership in the U.S. Senate April 22.
April 22, 2021Volvo Group Sees More Risk From ‘Unstable’ Chip Supply Chain
Volvo Group said it may see further disruption from the semiconductor shortage that has forced the truck maker to idle plants, potentially hobbling a recovery that has seen orders more than double.
April 22, 2021Pacific, Atlantic Coast Ports Set TEU Records in March
On both coasts, the nation’s ports continued their record pace for container volumes in March as goods keep coming into the U.S., nearly 14 months into the COVID-19 pandemic.
April 20, 2021March Truck Tonnage Falls 9.5% Year-Over-Year
Truck tonnage in March declined on an annual and month-to-month basis, but the year-ago decline is up against comparisons to the first month that the COVID-19 pandemic gripped the nation, said American Trucking Associations Chief Economist Bob Costello in the federation’s monthly For-Hire Truck Tonnage Index release.
April 20, 2021CN Makes $33.7 Billion Bid for Kansas City Southern
A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.
April 20, 2021