Federal lawmakers and industry proponents are divided over how much funding should be dedicated to a federal program to reduce emissions and improve clean diesel technology.
Author: Jim Stinson
2019 Trucking Company Closures So Far Have Doubled All of 2018
More trucking firms have shut down during the first six months of 2019 than in all of 2018, a result of a softer freight market and the broader effects of tariffs on imported goods, a freight market expert said.
Daseke Shakes Up Company as President, CFO Depart
Daseke Inc., one of the largest flatbed and specialized transportation companies in North America, announced on Sept. 5 it would replace its president and chief financial officer and fold three divisions into other parts of the corporation.
Descartes Systems Group Reports Growth in Income, Revenue
The Descartes Systems Group Inc., a Canadian logistics company, reported net income of C$8.6 million for the second quarter of its 2020 fiscal year, up 1% from $8.5 million in the same period last year.
Diesel Price Falls for Eighth Consecutive Week, Down 0.7¢ to $2.976 a Gallon
The U.S. average retail price of diesel dropped 0.7 cent to $2.976 per gallon, the Department of Energy reported Sept. 3, as the price of crude dropped 2% amid the ongoing U.S.-China trade dispute.
Coyote Logistics: Truckload Rates to Rebound
Despite a freight slowdown in the first half of 2019, shipper demand is at an inflection point, and spot-market truckload business will rebound in the fourth quarter, according to officials from Coyote Logistics, a UPS Inc.-owned third-party logistics …
HVH Transportation of Denver Closes
HVH Transportation Inc., a Denver-based trucking firm, closed its doors on Aug. 27, according to the company’s CEO.
HVH Transportation of Denver Closes
HVH Transportation Inc., a Denver-based trucking firm, closed its doors on Aug. 27, according to the company’s CEO.
Cargo Thefts Down 14% in Q2; Food, Beverages Most Targeted
Cargo thefts are down 14% in the second quarter of 2019, with 150 incidents in the United States and Canada, according to CargoNet, a subsidiary of Verisk Analytics Inc of Jersey City, N.J.
Indicators Show Slowdown in Growth, but Recession Isn’t Likely
Jitters and trade wars are roiling the markets and troubling freight companies, but the big question is if the U.S. economic expansion may be coming to a close soon.