The increase brought spending to an annual $930.5 billion annual rate, after a revised 0.8% rise the prior month. Spending on private residential construction increased 2.6% in December to an annual pace of $325.6 billion, the highest ...
Tags: Construction Spending, private residential, commercial projects
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
Pivotal LNG and WesPac Midstream LLC selected to serve TOTE's LNG vessels in Jacksonville, Florida Monday, Feb 10, 2014 Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources (NYSE: GAS), and WesPac Midstream LLC (WesPac) today ...
Tags: TOTE, LLC, Pivotal LNG, EVP
J&E Transport and Northstar Services, both in Pennsauken, N.J., said they have merged. Terms were not disclosed. Carrier J&E offers drayage, domestic warehousing and distribution services. Northstar has terminals at the ports of New York, ...
Tags: J&E, Northstar Service, Al Iannelli, steamship line
US for-hire truck tonnage fell 4.3% in January, but you can blame the weather. The American Trucking Associations said its tonnage index was still up 1.2% year-over-year. The softening from December was attributed to winter storms, and ...
Tags: Truck Tonnage
The US economy will be slightly stronger this year than last, but freight growth will weaken. That’s the prediction of industry forecaster FTR, which today held a Webinar entitled State of Freight: Trucking Outlook for an Uncertain ...
Tags: truck pricing, Transportation
Shortly after President Barack Obama announced the second phase of efficiency regulation for heavy trucks, Volvo and Daimler showed their support. "DTNA is committed to regulatory leadership and we applaud standards that include total ...
Tags: heavy trucks, Volvo, Daimler
Mexico's main trucking association has filed a $30 billion arbitration action against the United States over the country's refusal to fully allow Mexican carriers to operate within U.S. boundaries. The Cámara Nacional del ...
Tags: Transportation
Reaction to President Obama's call for tighter carbon dioxide emissions rules for trucks poured in quickly with the first wave of comment generally offering approval, although there were also calls for caution, including from American ...
Truck tonnage rose 1.2% in January, held back by a series of nationwide winter storms, American Trucking Associations announced. The impact of the storms was illustrated by the 4.3% drop from December, the largest sequential decline in ...
Tags: Transportation, Truck
Trucking accounted for 3,200 of the 113,000 jobs added in January, and the U.S. unemployment rate fell to a five-year low of 6.6%, the Labor Department reported Feb. 7. The job increase was below economists' forecasts of 180,000, and ...
Tags: Transportation
Heartland Express Inc. net income rose 11% to $15.8 million, or 18 cents per share, from $14.3 million, or 17 cents per share, as fourth-quarter results reflected the acquisition of Gordon Trucking Inc. late last year. Heartland, based in ...
Tags: Transportation, Express
Canadian transportation firm Mullen Group said its net income fell in the fourth quarter as weather and holidays hurt trucking and logistics operations. Profit fell to C$20.3 million, or 22 cents a share, a 6.9% decrease from last year's ...
Tags: Transportation
A study by PwC US found that global transportation and logistics mergers and acquisitions rose by 57 percent in the fourth quarter, while the value of those deals increased by 100 percent. The firm, which publishes a quarterly analysis of ...
Tags: Auto Parts, Accessories, Transportation, logistics
The unrelenting winter of 2014 delivered another massive storm last week, bringing with it more economic uncertainty and higher fuel prices. For the second time in less than a month, much of the southeastern United States battled a major ...
Tags: Transportation, Logistics