Thursday, January 18, 2018
Business
USA Truck raises driver pay, rates for down time and short haul

USA Truck raises driver pay, rates for down time and short haul

VAN BUREN, Ark. — USA Truck Inc. is increasing the pay scale for its drivers effective immediately, the company reported today.

Veteran mover Graebel Van Lines ceases operations in wake of lawsuit, closings

Veteran mover Graebel Van Lines ceases operations in wake of lawsuit, closings

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.

U.S. consumer spending up tiny 0.1 percent in February

U.S. consumer spending up tiny 0.1 percent in February

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.

CRST COO/Group President Hugh Ekberg to succeed CEO Dave Rusch

CRST COO/Group President Hugh Ekberg to succeed CEO Dave Rusch

CEDAR RAPIDS, Iowa — CRST International, one of the nation’s largest transportation companies, has announced the next step in its succession plan.

ATA: Large TL turnover rate down to 71%; smaller carriers down 16 points

ATA: Large TL turnover rate down to 71%; smaller carriers down 16 points

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.

FTR: capacity tightening; January SCI registers -3.6

FTR: capacity tightening; January SCI registers -3.6

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.

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