In late 2013, PACCAR started production of vocational trucks, Kenworth T880 and Peterbilt Model 567. Truck manufacturer PACCAR announced a 16-percent increase in profit in the first quarter of 2014 and predicts higher sales for the ...
Tags: Paccar, Transportation, Auto, Truck
Net sales were down by 2.5% to $27.8m compared to the same period in 2013. Excluding prior year sales from divested businesses, Q1 net sales were up 1.7% to $17.5m. The Georgia-based company is one of the largest producers of folding ...
Tags: Packaging, folding cartons
The thermal coal Panamax freight market on Thursday lost some of the last week's bullishness as firm cargoes eluded the market, sources said Thursday. The coal freight market from Indonesia to India was quiet, market sources said, with ...
Tags: Thermal Coal, coal freight rate
Asian benzene prices dropped $19.50/mt Wednesday, pulled lower by a tumble in US benzene Tuesday, but the magnitude of the fall in US prices has nearly closed the arbitrage window from South Korea to the US, according to sources. Spot ...
Tags: Benzene, benzene prices
Delta Apparel, Inc. reported that for its fiscal 2014 second quarter ended Mar. 29, 2014, net sales were $114.5 million versus $120.1 million for the comparable 2013 period. The 5 percent sales decline was due primarily to unseasonably cold ...
Tags: Sporting Goods, Recreation, Sporting Apparel
The National Retail Federation was recognized on Earth Day by the U.S. Environmental Protection Agency with its 2014 SmartWay Affiliate Challenge award. The EPA recognized NRF for supporting policies and practices that reduce truck ...
Scrap exporters have lowered buying prices at their terminals along the US East Coast since last week, as market sources said they are likely preparing for lower-priced sales when Turkish mills return to the market later this week. One ...
Tags: Scrap, Scrap exporters
Southeast Asian ethanol producers face a short window for exporting biofuel to the Philippines as the previously high US prices that created an arbitrage for them in February and March are expected to fall, ethanol traders said Monday. ...
Tags: Ethanol, ethanol prices
US carriers might soon see a spike in their liability insurance minimum because the Federal Motor Carrier Safety Administration (FMCSA) said the current $750,000 minimum is too low. In a report to Congress, the FMCSA said current minimums ...
Tags: Transportation, freight
Truckers hauled more goods in March 2014 than ever before, according to data records from TransCore Link Logistics' Canadian Freight Index. Truck load volumes have been on a rising trend for the past four months in a row, but March ...
Tags: Truck, Transportation, Auto
Anticipated fragmented scrap pricing next month could bring US regional scrap prices closer together, according to market sources who generally agree on downward pricing pressure for May settlements. Scrap settlements varied wildly in ...
Tags: Steel Scrap, regional scrap prices
Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...
Tags: Iron Ore, freight rates, miner
2014 ( the 13th ) Beijing International Automotive Exhibition will be grandly opened on April 21, 2014. The reporter was informed by SAIC Iveco Hongyan that the company this year will bring its industry-leading Hongyan Jieshi China IV ...
ArrowStream, Inc. ("ArrowStream"), a leading provider of Software-as-a-Service (SaaS) for supply chain management, announced that it has partnered with US Foods, Inc. ("US Foods"), an innovative food company and leading distributor, to help ...
Tags: ArrowStream's Software, US Foods
Come May 1, less-than-truckload carrier Old Dominion Freight Line will increase its base rates by an average of 4.3 percent, the company announced. "Our customers are asking for more capacity, and more value added products and services. ...
Tags: Transportation, Auto Parts