Truck tonnage rose 4.8% year-over-year in May, according to the monthly American Trucking Associations Tonnage Index, the largest gain since November 2016, echoing sentiments from analysts and trucking executives that the freight market has tightened in recent weeks as people spend more time outdoors.
June 20, 2017Search
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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.
Amazon to Acquire Whole Foods for $13.7 Billion
Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfills a long-held goal of selling more groceries.
June 16, 2017Georgetown Rail Colloquium Highlights Health of Rail, Ongoing Viability of Trucking
Several speakers at the Georgetown University McDonough School of Business' "The Economics and Regulation of the Freight Rail Industry" colloquium addressed various aspects of railroad and other transportation industries June 16.
June 16, 2017Illinois Inland Port Study Delayed by State Funding Holdup
DECATUR, Ill. — More than three years after state grants were authorized to help develop the Midwest Inland Port, the city of Decatur, Ill., is still waiting.
June 20, 2017FedEx Profits Rise 65%
FedEx Corp. reported profits grew year-over-year, increasing 65% over the last 12 months and easily beating the Bloomberg News consensus forecast on both an annual and quarterly basis.
June 20, 2017Illinois County Hires Former State DOT Secretary to Push Freight Plan
Former Illinois Department of Transportation Secretary Ann Schneider was unanimously hired by the Will County board June 16 to implement the Community Friendly Freight Mobility Plan that she helped create after amending her proposed contract.
June 20, 2017Online Sales Surge Benefits Truck Freight, Experts Say
While it’s no secret that more and more people are shopping online, less obvious is understanding consumers’ buying habits and patterns — which has great relevance for the trucking industry.
June 19, 2017Drivers Share Mixed Views on Automated Trucks
As the trucking industry moves toward more advanced automated driving technologies, drivers are viewing this trend with a mixture of optimism and trepidation.
June 16, 2017Inland Empire Leads Southern California in Warehouse Growth
The Inland Empire led Southern California in construction of logistics and freight-related warehousing real estate, according to a report released from the Los Angeles County Economic Development Corp.
June 13, 2017Cargo Volumes, Truck Delays Rise at Ports of Los Angeles and Long Beach
The amount of time it took the average truck driver to do business at the two largest North America ports rose six minutes year-over-year in May due to backups at Total Terminals International, according to data from the Harbor Trucking Association.
June 13, 2017