Monday, April 23, 2018
Business
Economy drives double-digit growth in imports despite tariff, border tax talk

Economy drives double-digit growth in imports despite tariff, border tax talk

WASHINGTON – Imports at the nation’s major retail container ports should see double-digit year-over-year increases for the next two months as a growing economy increases the demand for affordable merchandise, says Global Port Tracker’s monthly report released today by the National Retail Federation and Hackett Associates.

Celadon initiates new pay packages for o-o’s, company drivers; appoints ‘Driver First’ leader

Celadon initiates new pay packages for o-o’s, company drivers; appoints ‘Driver First’ leader

INDIANAPOLIS – Celadon Group Inc. has introduced two new pay packages — one for owner-operators and the second for company drivers. In addition, the company has announced the hiring of Joe Stevens to lead their new “Driver First” initiative.

Navistar almost doubles first quarter loss from 2016; results “on track,” says CEO Clarke

Navistar almost doubles first quarter loss from 2016; results “on track,” says CEO Clarke

LISLE, Ill. – Navistar International Corp. reported yesterday a loss of $62 million for the first quarter of 2017, an 87.9 percent drop from the same quarter last year, when the truck and engine OEM lost $33 million. Revenue decreased 5.7 percent to $1.66 billion from last year’s $1.77 billion, according to the company’s filing with the U.S. Securities and Exchange Commission.

On-highway diesel up 2 tenths of a penny to $2.579

On-highway diesel up 2 tenths of a penny to $2.579

The national on-highway diesel price average eked up 2 tenths of a penny Monday to $2.579 compared with $2.577 last week, but it was a mixed bag as to which one of the Energy Information Administration’s 10 reporting regions went up in price and which went down.

USAT Logistics expands portfolio with establishment  of department in Mexico

USAT Logistics expands portfolio with establishment of department in Mexico

VAN BUREN, Ark. — USAT Logistics, a division of USA Truck has expanded its portfolio of logistics solutions with the establishment of USAT Logistics de Mexico, located in Celaya, Guanajuato.

Preliminary February Class 8 orders strong; backlogs over 100K for first time since June 2016

Preliminary February Class 8 orders strong; backlogs over 100K for first time since June 2016

Bloomington, IN — Preliminary Class 8 net orders for February rose 28 percent from the same period last year to 22,900 units, analysts at FTR Intel reported today, adding that the total represented a 5 percent increase from January 2017. The steady order trend has now pushed backlogs to over 100,000 units for the first time since June 2016, FTR stated.

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