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Improved LTL Pricing Can Increase Profits, Beat 3PL Competition, Execs Tell Conference

CORAL GABLES, Fla. — Less-than-truckload carriers need to improve their pricing discipline and sophistication to boost profits in a market where rate-driven, third-party logistics operators are playing a growing role, LTL executives said.

February 20, 2012

Port of L.A. Container Volumes Rise in January

The Port of Los Angeles said Feb. 15 its import and export container volumes each rose more than 5% in January from a year ago.

February 16, 2012

New York Manufacturing Index Jumps

Manufacturing activity in the New York region expanded in February at the fastest rate since June 2010, the Federal Reserve Bank of New York said Wednesday.

February 15, 2012

UPS Acquires European Delivery Firm

UPS Inc. on Wednesday said it has acquired Kiala, a European company that provides delivery options to consumers purchasing goods over the Internet. Terms were not disclosed.

February 15, 2012

Obama Wants $330 Million to Combat Distracted Driving

President Obama has included $330 million for programs to combat distracted driving in his six-year transportation spending plan, as part of the administration’s proposed 2013 budget.

February 14, 2012

Consumer Confidence Drops

Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

February 10, 2012

U.S. Trade Deficit Widens to Six-Month High

The U.S. trade deficit expanded by 3.7% in December as imports climbed to the highest level in more than three years, the Commerce Department said Friday.

February 10, 2012

Quality Expects Fourth-Quarter Profit

Tank truck carrier Quality Distribution said it expects to post profits for both the fourth quarter and full-year 2011.

February 10, 2012

ATA Installs 15 More Pavers at Capitol Office; $675,000 Raised So Far to Pay Down HQ Debt

American Trucking Associations installed a batch of 15 rooftop deck pavers at its Capitol Hill office last month, the latest of 46 pavers to be placed at the Washington, D.C., building, the group announced last week.

February 13, 2012