Surface trade among the United States, Canada and Mexico rose 12% in October from a year ago, the Department of Transportation said Thursday.
January 6, 2012Search
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Experts Predict More Mergers as Trucking’s Fortunes Improve
Trucking industry mergers and acquisitions are expected to surge this year because of factors such as tight capacity and eager private-equity buyers, several industry experts have said.
January 9, 2012Wholesale Diesel Price Spikes
Wholesale diesel prices spiked last week as tensions in the Middle East rose and temperatures in the eastern United States fell, signaling the likely end of the current run of declining retail prices.
January 9, 2012Analysts Expect HOS Lawsuits; 11th Hour, Restart Fuel Conflict
At least some trucking industry analysts said they expect the latest version of the hours-of-service rule to land back in federal court because the rule seems to satisfy no one.
January 9, 2012Contrans Buys Ontario Trucking Company
Canadian carrier Contrans Group said Thursday it has acquired Wilburn Archer Trucking, a dry-bulk trucking business based in Norwood, Ontario.
January 6, 2012ISM Services Index Rises in December
An index of the U.S. economy’s service sector increased in December, the Institute for Supply Management said Thursday.
January 5, 2012Jobless Claims Fall for Week
Initial jobless claims decreased last week, the Labor Department said Thursday.
January 5, 2012Heil Trailer Bought by Private Equity Firm
Private equity firm American Industrial Partners said it has purchased trailer manufacturer Heil Trailer International from Dover Corp. Terms were not disclosed.
January 5, 2012U.S. Automakers Finish Year With Strong December Sales
U.S. automakers finished the year with strong December sales as the industry had its best year since 2008 with a 10% improvement over last year, Bloomberg reported.
January 5, 2012MIQ Logistics Opens Facility in Eastern Pennsylvania
MIQ Logistics on Thursday announced the opening of a new logistics center in Tannersville, Pa., its eighth new facility in the past year.
January 5, 2012