04 Apr Manufacturing in US Kept Expanding at Robust Pace in March America's factories continued to expand in March at a robust pace, demonstrating momentum in an industry that struggled for the better part of the past two years, Institute for Supply Management data showed April 3. Read more...
04 Apr Roadrunner Fires Chief Financial Officer Peter Armbruster Roadrunner Transportation Systems Inc. terminated chief financial officer Peter Armbruster on March 29, two months after the company admitted it would have to refile quarterly and annual earnings reports from 2014 forward due to accounting errors and record a goodwill impairment charge up to $200 million on two previous acquisitions. Read more...
04 Apr Trade Deficit in US Narrows in February to Four-Month Low The U.S. trade deficit narrowed in February to a four-month low as imports declined and exports improved amid a brighter outlook for global manufacturing, Commerce Department data showed April 4. Read more...
04 Apr Capitol Agenda for the Week of April 4: Lighting a Fire Under Infrastructure Urgency The section of I-85 that collapsed in Atlanta last week didn't collapse on its own, but the ensuing traffic nightmares are symptomatic of the nation's overall infrastructure crisis. Will that incident help prompt action in Congress? Eno's Jeff Davis joins Eugene Mulero to take a look at the week ahead for trucking on Capitol Hill. Read more...
03 Apr Diesel, Up 2.4¢ a Gallon, Follows Oil's Rise to $50 The U.S. average retail price of diesel jumped 2.4 cents to $2.556 a gallon, and crude oil prices climbed out of a 2 1/2-week trough, rising to $50 a barrel but still lagging prices a month earlier Read more...
03 Apr Magnate Adds to Expedited Services With Purchase of Premium Transportation Logistics Magnate Worldwide has acquired Premium Transportation Logistics, a company based in Toledo, Ohio, that provides expedited ground transportation and freight brokerage services. Read more...
03 Apr UPS Adds Saturday Deliveries to Meet Online Shopping Demand UPS Inc. will add Saturday ground deliveries, making one of the biggest shipping-time changes in its 109-year history in response to rising demand from online shoppers. Read more...
03 Apr Ohio Turnpike Travelers Will See Semi-Autonomous Trucks on the Road This Spring Peloton Technology will roll out platooning tech on the Ohio Turnpike this spring as the state begins a new phase in its autonomous vehicle exploration. Read more...
03 Apr New Mississippi Port to Compete With Nearby Port of New Orleans Officials at the Plaquemines Port in Louisiana plan to develop an intermodal container shipping terminal along the Mississippi River in Plaquemines Parish, a move that would increase competition with the Port of New Orleans, which is about 20 miles away. Read more...
03 Apr US Manufacturing Expands at Robust Pace in March America's factories continued to expand in March at a robust pace, demonstrating momentum in an industry that struggled for the better part of the past two years, Institute for Supply Management data showed April 3. Read more...