Numbers reported by the DAT North American Freight Index were up for lthe final month of 2013. Compared to November, the spot market freight availability rose 10 percent in December. According to TransCore, the company that produces the ...
Tags: Trucking, Transportation
The U.S. economy continued to expand at a moderate pace from November to the end of the year, with reports on transportation services generally positive, the Federal Reserve said. The economic outlook is positive in most of 12 Federal ...
Bauer Performance Sports Ltd. reported revenues in its second quarter ended Nov. 30 rose 7 percent to $117.1 million while advancing 9 percent in constant currencies. Adjusted n Net Income increased 3 percent to a record $7.5 million or 20 ...
Tags: Bauer Performance Sports, revenues, rise, Net Income, Financial Results
Over the last few months, fuel prices have been quite different in Western and Easter Canada, the Manitoba Trucking Association (MTA) claims. Fuel prices are rising at a rapid pace and over the past several months, trucking companies have ...
Covenant Transportation Group Inc. said it expects fourth-quarter 2013 net income of 18 cents to 22 cents a share, compared with 10 cents a share in the previous year's quarter. Covenant attributed the improved earnings forecast to higher ...
Tags: Transportation
People who study shippers said senders and receivers of freight want predictability - even as the economy and technology change rapidly. Truck makers and other manufacturers, meanwhile, said their engineers are pushing scientific advances ...
Tags: Transportation, Freight
US PVC maker Axiall will raise its suspension grade PVC prices on February 1 by 3 cents/lb, or as contracts allow, the company said Friday in a letter to customers. The increase follows a similar announcement from December 3, when the ...
Tags: PVC Prices, PVC Maker
Wheat futures closed lower this week on continued pressure from record global supplies and poor export demand for U.S. wheat. Futures dropped sharply after USDA revised up its record-high world production forecast on Friday. CBOT wheat ...
Tags: Wheat, U.S Wheat PriceC, U.S Food Price
UPS Freight employees in the Teamsters union approved a five-year agreement that gives workers a total $2.50 per hour wage boost that the union said makes them the best-paid drivers in the less-than-truckload industry. The tentative ...
Tags: UPS, UPS Freight, Transportation
This story appears in the December 2013/January 2014 issue of iTECH, published in the Dec. 16 print edition of Transport Topics. Click here to subscribe today. A new "blue paper" by the research department of investment bank Morgan ...
Tags: Trucking, Trucking News, Driverless Vehicles
YRC Worldwide's truck drivers and other employees, represented by Teamsters Union, have rejected a proposal to extend the current labour contract to 2019. Members voted over the past several weeks and ballots were counted Thursday. The ...
Tags: Transportation, Auto Parts
YRC Freight Teamsters at YRC Worldwide Inc. rejected a contract extension that the company said was crucial to refinancing its debt and ensuring long-term stability. The union announced the results of the vote late Jan. 9. A total of ...
Tags: YRC, contract extension, refinancing, teamsters, vote
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou continued to drop in the week to Tuesday, the fifth week in a row, Qinhuangdao Port said Wednesday. ...
Activity Date: January 10th ~ January 31st (GMT+8:00) Happy New Year! Thank you for joining in our activity. Good luck for you to win a wonderful new year gift during the lucky draw! We will update the previous quiz answer every ...
Tags: Trade Knowledge, New Year Gifts, Trading Quiz, Lucky Draw
The amount of freight carried by the for-hire transportation industry rose 1.2 percent in November from October, rebounding from a one-month decline to reach its highest all-time level, according to the US Department of Transportation's ...
Tags: Metallurgy, Mineral, Energy