Construction spending fell 1.1% in March, the Commerce Department said Thursday.
May 1, 2008Search
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March Freight Dips; First Decline Since October
A report that truck tonnage declined in March provided new evidence that the U.S. economy is still weak, amid more signs that manufacturing and consumer spending will generate less freight for trucking to move in months to come.
May 5, 2008
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Purolator, Teamsters Canada Reach Tentative Pact
Purolator Courier and Teamsters Canada have reached a tentative agreement on a contract renewal for Purolator’s couriers, package handlers, truck drivers and owner-operators across Canada, the company said.
May 1, 2008ISM Manufacturing Index Continues to Show Contraction
The Institute for Supply Management’s manufacturing index continued to show contraction in April, matching March’s reading, ISM said Thursday.
May 1, 2008Personal Spending Rises 0.4%
Consumer personal spending rose 0.4% in March, the Commerce Department said Thursday.
May 1, 2008Salisbury Named CEO at Fikes Truck Line
Fikes Truck Line named Gary Salisbury its chief executive officer this month, the company said. He takes over from owner and former president Jim Smith, who remains chairman of the board.
May 1, 2008Union Pacific Sets 2-for-1 Stock Split
Union Pacific Corp. said Thursday its board authorized a two-for-one stock split, effective May 28 to shareholders of record as of May 12.
May 1, 2008TA Agrees to Settle Flying J Lawsuit
Truck stop chain TravelCenters of America said Thursday it has agreed to settle a 2006 civil suit by competitor Flying J Inc. regarding processing of card transactions.
May 1, 2008NAFTA Surface Trade Jumps 16.3%
Surface trade among the United States, Canada and Mexico jumped 16.3% in February from a year earlier, the Department of Transportation said Wednesday.
April 30, 2008Trucking Could Gain Hazmat Business Under New DOT Rail Shipment Rules
Railroads are facing new federal regulations for shipments of highly hazardous materials, such as chlorine, that could drive more business to trucks.
April 30, 2008