DALLAS — Graebel Van Lines, a 65-year-old carrier of household goods based in Dallas, has ceased operations, according to multiple reports. The company, which had 875 drivers in 2015, is in liquidation, Graebel stated in a letter sent to its creditors March 22.
WASHINGTON — U.S. consumers increased their spending at the weakest pace in six months, while the 12-month rise in consumer prices was the largest in nearly five years.
CEDAR RAPIDS, Iowa — CRST International, one of the nation’s largest transportation companies, has announced the next step in its succession plan.
ARLINGTON, Va. — Today, the American Trucking Associations said the driver turnover at large truckload fleets sunk 10 percentage points to an annualized rate of 71 percent, the lowest point in six years. The rate at smaller fleets tumbled 16 points to its lowest level in five years.
BLOOMINGTON, Ind. — FTR’s Shippers Conditions Index (SCI) for January reflects a more challenging environment for shippers and an opportunity for carriers, the analyst firm reported today. The SCI started the year with a -3.6 reading, indicating tightened capacity.