Consumer confidence slumped in July by the most since August 2011 as Americans grew less upbeat about prospects for the economy, employment and their finances.
July 28, 2015Search
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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.
TT Archives: Truck Weight Bill
In 1975, President Gerald Ford signed into law a bill allowing states to permit higher truck weights on interstate highways, and it’s worth remembering the reason for the measure – a national speed limit of 55 miles-per-hour had crimped productivity for the nation’s truck drivers.
July 27, 2015Intermodal Volume Setting Record Pace, But Operational Issues Plague Shippers
Truck-rail intermodal companies are standing on peaks of record volume, but an array of operational, financial and technical issues will challenge their ability to sustain current levels and continue growing, industry experts said.
July 27, 2015June Trailer Orders Jump 29% as Fleets Book Early 2016 Commitments
June trailer orders surged to nearly 27,900 units as fleets booked early commitments for 2016 production, ACT Research said.
July 27, 2015Consumer Confidence Declines to Lowest Level in Five Weeks
Consumer confidence declined to a five-week low as Americans grew even more downbeat about the prospects for the economy.
July 23, 2015Intermodal Traffic Rises 2.3% for Week as Carload Decline Continues
U.S. rail intermodal traffic rose 2.3% for the week ended July 18 as carloads continued to decline, the Association of American Railroads reported.
July 22, 2015Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines
Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments.
July 21, 2015Radiant Logistics Announces Stock Sale
Radiant Logistics Inc. announced a public offering of 6.67 million shares at $6.75 per share.
July 20, 2015Diesel Average Falls 3.2¢ to $2.782 Per Gallon; Eighth Consecutive Weekly Drop
Diesel’s national average price declined for the eighth consecutive week, dropping 3.2 cents to $2.782 per gallon, according to a report from the Department of Energy on July 20. The average price of gasoline fell by the identical amount.
July 20, 2015Mack Lands Two Canadian Defense Contracts
The defense division of Mack Trucks has won two contracts to supply vehicles to the Canadian military.
July 20, 2015