Landstar System said it has purchased two Michigan-based supply chain transportation firms that focus on transportation technology systems.
July 2, 2009Search
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Opinion: Consider GAAP Financial Statements
Finding quality financing for trucks and trailers recently has become more difficult for many trucking companies. The market has changed. Since last autumn, several transportation lenders have exited the business either permanently or temporarily, in large part because of losses and a lack
of liquidity.
July 2, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Diesel Dips 0.8¢ to $2.608
U.S. retail diesel prices slipped 0.8 cent last week, providing a breather for the trucking industry after seven consecutive weeks of increases that had pushed the average cost to a seven-month high.
July 6, 2009Amerijet Acquires Nations Express
Transportation and logistics firm Amerijet International said it will acquire a majority interest in Nations Express.
July 2, 2009Factory Orders Rise in May
U.S. factory orders rose in May for the third time in four months, the Commerce Department said Thursday.
July 2, 2009TTNews to Close Friday for July 4th Holiday
Transport Topics Online will be closed Friday for the Independence Day holiday. Please check back Monday, July 6, for the latest trucking and freight transportation news.
July 2, 2009Letter to the Editor: Reregulation, Please
Now that the federal government is taking over big businesses, it is time to reregulate trucking industry rating structures. We need price stabilization of rates so we can purchase equipment and train our personnel properly.
July 6, 2009NAFTA Surface Trade Declines Again
Surface transportation trade among the United States, Canada and Mexico fell 33.1% in April from a year earlier, the Department of Transportation said Wednesday.
July 1, 2009Consumer Confidence Retreats in June
Consumer confidence fell in June after seeing a big rise in May, the New York-based Conference Board said.
July 1, 2009ISM Manufacturing Index Improves in June
Manufacturing levels in the U.S. improved last month but still showed overall contraction, the Institute for Supply Management said Wednesday.
July 1, 2009