Higher Rates Trigger 11% Profit Jump at J.B. Hunt
J.B. Hunt Transport Services Inc. announced second-quarter net income rose 11% to $103.4 million, or 88 cents per share, spurred by rate increases.
July 17, 2015Video: Transplace's Ben Cubitt Offers Tips for Shipper-Fleet Relationships
What can shippers do to make themselves more appealing to motor carriers? Watch the full interview TT's Dan Bearth conducted with Transplace Senior Vice President of Consulting and Engineering Ben Cubitt for the answer.
July 17, 2015Consumer Sentiment in US Backpedals Over Concerns About Economy
Consumer confidence declined in July on concerns global risks will dim prospects for the U.S. economy.
July 17, 2015Consumer Prices in US Rose in June, Paced by Higher Rents
The cost of living in the United States rose in June for the fifth consecutive month, paced by increases in rents that are helping nudge inflation toward the Federal Reserve’s goal.
July 17, 2015Housing Starts in US Surge to Second-Highest Level Since 2007
New-home construction in the United States climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects.
July 17, 2015Cass Index Rises 3.6% in June
The Cass Truckload Linehaul Index, a measurement of changes in base linehaul rates, rose 3.6% year-over-year in June, according to Cass Information Systems.
July 17, 2015Con-way Freight Will Add 875 Freightliner Trucks to Fleet
Less-than-truckload carrier Con-way Freight said it is purchasing 875 new trucks in order to update its fleet of linehaul and pickup/delivery vehicles.
July 16, 2015EPA Suing Navistar Over 2010 Engines
The U.S. Environmental Protection Agency on July 14 filed a lawsuit against truck maker Navistar International Corp. alleging that the company in 2009 began the manufacture of 7,750 heavy-duty diesel engines it offered for sale in calendar year 2010 that did not meet emissions standards applicable to 2010 engines.
July 16, 2015Jobless Claims Decline for First Time in Month
Filings for U.S. unemployment benefits declined last week for the first time in a month, heading back toward the lowest levels in more than a decade and signaling firings remain muted.
July 16, 2015Palladium Equity Buys Staffing Firm TransForce
Palladium Equity Partners, a private equity company, said an affiliated fund acquired driver staffing company TransForce Inc.
July 16, 2015