The U.S. merchandise-trade deficit widened to a four-month high as imports rose for the first time since April, according to preliminary figures released Oct. 26 by the Commerce Department. The report also showed inventories increased at wholesalers an…
Category: News
SmartDrive rolls out SmartSense to combat distracted driving
Available early next year, system is aimed at providing a more complete assessment of dangerous incidents.
Forward Air Posts Solid Year-Over-Year Gain in Profits
Forward Air Corp. had a steady third quarter with its results slightly topping analysts’ forecasts, indicating the for-hire carrier is moving at a measured pace for the year.
Landstar Announces Strong Results in Third Quarter
Landstar System posted stronger-than-expected earnings Oct. 25, with net income rising 17% year-over-year in the third quarter, easily surpassing the Bloomberg News consensus forecast.
Used-Truck Sales Climb in September, Powered By Retail Transactions
Class 8 used truck sales rose in the retail market nearly 30% in September, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure
President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.
Direct ChassisLink Inc. Acquires TRAC’s Domestic Chassis Fleet
Direct ChassisLink Inc. has signed an agreement to make a major acquisition, purchasing the entire domestic chassis fleet from competitor Trac Intermodal.
Direct ChassisLink Inc. Acquires Trac Intermodal’s Domestic Chassis Fleet
Direct ChassisLink Inc. has signed an agreement to make a major acquisition, purchasing the entire domestic chassis fleet from competitor Trac Intermodal.
Canadian Trucking Groups Call for Zero Tolerance as Marijuana Legalization Looms
Canadian trucking associations are calling for a zero-tolerance policy for marijuana use among drivers as the country prepares to legalize the drug for recreational purposes in July 2018.
Transportation industry's risk index higher than rest of U.S.
Distracted driving, oil prices, new tech and a changing workforce are among the reasons why transportation leaders see more risk than other businesses.