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Class 6-7 Vehicles Help For-Hire Fleets Diversify, Save, Squeeze Into Metro Areas

Class 8 tractors have long been the standard for U.S. for-hire carriers, yet for certain service lines, even the most venerable of heavy-duty fleets are now buying Class 6 and 7 trucks and sometimes even smaller cargo vans.

February 20, 2012

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

Leading Indicators Rise in December

An index of leading economic indicators rose in December for a third straight month, the New York-based Conference Board said Thursday.

February 17, 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

Producer Prices Rise 0.1%

Prices paid to U.S. producers rose 0.1% in January, the Labor Department said Thursday.

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