Australia is losing another vehicle manufacturing facility — and the jobs that go along with it. Toyota Motor Corp. announced that it would stop making cars in Australia in 2017. Toyota’s withdrawal will mean about 2,500 lost ...
Tags: Halt Production, high cost of manufacturing, competition
Existing home sales declined 5.1% in January to the lowest level since July 2012, the National Association of Realtors said Feb. 21. Sales fell to an annual rate of 4.62 million. The January level was lower than economists’ median ...
Universal Truckload Services Inc. said its net income rose in both the fourth quarter of 2013 and the full year. Profit in the fourth quarter grew to $11.3 million, or 38 cents a share, from $2.5 million, or 8 cents, a year earlier, ...
U.S. rail intermodal traffic declined 5.7% in the week ended Feb. 15 compared with the same week last year, the Association of American Railroads reported. Railroads moved 236,625 intermodal trailers and containers that week, AAR said ...
Tags: Intermodal Rail, declined, Transportation
Neste Oil and Norwegian-based OSM Group AS have today, 20 February 2014, agreed on a business transfer under which Neste Oil will transfer the ship management functions of Neste Shipping to OSM. OSM is a global provider of offshore and ship ...
Tags: business transfer, ship management functions, specialist expertise
New Kongsberg information management system for the world’s largest cruise ship Friday, Feb 21, 2014 Dragutin Radobuljac, the Chief Electrical Engineer on Royal Caribbean Cruise Line’s mega cruise ship the Allure of the Seas, ...
Tags: Information Management System, Cruise Ship, RCCL, RCUs
Desert landscapes provided the backdrop for Truck Fleet Management’s first test-drive here of the redesigned 2015 Chevrolet Silverado HD and GMC Sierra HD, General Motors Co.’s entrants into the competitive and increasingly ...
A manufacturer of seats and interiors for commercial trucks is moving its U.S. headquarters and opening a new factory that is expected to create hundreds of jobs, the Associated Press reported. German auto parts maker Grammer AG said it ...
Tags: Truck Seat, governments support
J.B. Hunt Transport Services Inc. said it is raising its dividend for shareholders by 33% to 20 cents per share. The increased payout will be made Feb. 27 to shareholders of record as of Feb. 13. The previous dividend from the Lowell, ...
Tags: shareholders, increased payout, concluded the consistent earnings
For more than 80 years, ATA has stood as the single most authoritative voice on behalf of the trucking industry — a tireless advocate for all motor carriers regardless of size, region or niche. ATA has evolved the way it has over that ...
Tags: trucking industry, communications team, Finance and Operations
PROMAR has ordered two Platform Supply Vessels from Damen Shipyards Group and this ambitious Swiss company is looking to further expand the offshore fleet under its management in the next five years. The first Damen PSV 3300 will be ...
Sears’ new “In-Vehicle Pickup” feature allows its mobile app users to pick up their online purchases at their local Sears store within five minutes of arrival, without leaving the car. Related Sears Sears Shutting Flagship ...
Tags: In-Vehicle Pickup, Hoffman Estates, Sears, app
Andrew Harrer/Bloomberg News The U.S. Postal Service will end a same-day delivery experiment in San Francisco on March 1 after it could not find enough retailers to participate, Bloomberg News reported. The program only generated $760 ...
Tags: Postal Service, Delivery Experiment, FedEx, UPS
Sylectus, a provider of Web-based transportation management software, said its mobile application is available for the iPhone. The Omnitracs subsidiary launched its Sylectus Mobile app for Android devices last year. Sylectus said the ...
Tags: Sylectus, Omnitracs, APP, Android device
This Editorial appears in the Feb. 10 print edition of Transport Topics. Click here to subscribe today. We were disappointed — but not surprised — that Rep. Bill Shuster (R-Pa.) said he would not support an increase in federal ...
Tags: Transport Topic, R-Pa, infrastructure event, fuel tax