The Conference Board’s index of U.S. consumer confidence increased to 83 in May from 81.7 a month earlier, the New York-based private research group said today.
May 27, 2014Search
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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.
April Trailer Orders Rise 20.2%
Trailer orders rose 20.2% in April as demand for new equipment continued to surpass year-ago levels, ACT Research reported.
May 27, 2014Schneider to Pay $21 Million To Settle Class-Action Suit
Schneider Logistics will pay $21 million to settle a class-action civil lawsuit brought by about 1,800 Southern California dockworkers who claimed they were not paid properly.
May 26, 2014Intermodal Rail Traffic Rises 6.8% for Week
U.S. rail intermodal traffic increased 6.8% in the week ended May 17 compared with the same week last year, the Association of American Railroads reported.
May 23, 2014UPS to Open Logistics Center for Pratt & Whitney
UPS Inc. will open a 600,000-square-foot logistics center in New Hampshire for Pratt & Whitney, according to the aircraft parts manufacturer.
May 21, 2014Maersk First-Quarter Profit Jumps on Lower Costs, Higher Volumes
A.P. Moeller-Maersk ’s container shipping line, the world’s largest, said first-quarter profit more than doubled and the forecast was raised on lower costs and higher volumes countered a drop in freight rates.
May 21, 2014Schneider Logistics to Pay $21 Million to Dockworkers in Class-Action Lawsuit
Schneider Logistics will pay $21 million to settle a class-action civil lawsuit brought by about 1,800 Southern California dockworkers who claimed they were not paid properly.
May 22, 2014BNSF Launches Intermodal Service Between Chicago and Silao, Mexico
BNSF Railway said it has launched intermodal service between Chicago and Silao, Mexico, in partnership with Ferromex, Mexico’s largest railroad.
May 21, 2014Ward Trucking, DHE Form Coast-to-Coast LTL Partnership
Ward Transport & Logistics and Dependable Highway Express announced a less-than-truckload network between Western states and the Mid-Atlantic, beginning Aug. 1.
May 19, 2014Radiant Logistics’ 3Q Income Rises
Third-party logistics company Radiant Logistics’ fiscal third-quarter net income rose from a year ago.
May 15, 2014