Tuesday, January 16, 2018
Business
Trucking association spends $361K on 1Q lobbying

Trucking association spends $361K on 1Q lobbying

NEW YORK — The American Trucking Associations, the trucking industry's main trade group, spent $361,513 lobbying the federal government in the first quarter, according to a recent disclosure report.

Con-way to sell 4.3 million shares of stock

Con-way to sell 4.3 million shares of stock

SAN MATEO, Calif. — Trucking company Con-way Inc. on Wednesday said it will sell 4.3 million shares of common stock

Retail container traffic estimated to be up 10 % in May

Retail container traffic estimated to be up 10 % in May

WASHINGTON — Import cargo volume at the nation’s major retail container ports is expected to be up 10 percent in May with double-digit increases expected into this fall as the U.S. economy improves, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

DOT freight measure posts first yearly increase in 20 months

DOT freight measure posts first yearly increase in 20 months

WASHINGTON — The Freight Transportation Services Index (TSI) rose 0.9 percent in March from its February level, rising for the third consecutive month, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported Wednesday. The March Freight TSI rose 2.6 percent from March 2009, the first year-to-year increase in the freight index since July 2008.

Trade deficit rises to $40.4 billion in March

Trade deficit rises to $40.4 billion in March

WASHINGTON — The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of 2008, offsetting another strong gain in exports. The larger deficit is evidence of a rebounding U.S. economy.

ACT: Trucking, commercial vehicle sectors continue rebound

ACT: Trucking, commercial vehicle sectors continue rebound

COLUMBUS, Ind. — A strengthening North American economy and rapidly tightening capacity in the truckload sector are setting the stage for significant demand for new equipment in 2011, according to market analyst ACT Research Co.

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