Wednesday, January 17, 2018
Business
Cass says U.S. economic slowdown reflected in freight volumes

Cass says U.S. economic slowdown reflected in freight volumes

ST. LOUIS — North American freight shipments continued to rise in April, although at a much lower rate than earlier in the year.

Celadon introduces new pay package for team drivers

Celadon introduces new pay package for team drivers

INDIANAPOLIS — Celadon Group Inc. has announced a new pay package for company team drivers. This new package is available for all teams that drive in the Celadon network including dry van, temperature-controlled and dedicated.

Portland, Ore., panel approves truck-only tax

Portland, Ore., panel approves truck-only tax

PORTLAND, Ore. — The Portland City Council Wednesday unanimously approved a new truck-only tax to help pay for the upkeep of roads and safety projects.

WardsAuto reports April Class 8 sales drop 18.9 percent from 2015

WardsAuto reports April Class 8 sales drop 18.9 percent from 2015

SOUTHFIELD, Mich. — April heavy truck sales dropped 18.9 percent from the same month last year and 17 percent from the previous month, WardsAuto reported today. Year-to-date, sales through April fell 10.3 percent from the first four months of 2015.

March Transportation Services Index down 0.9 percent from February

March Transportation Services Index down 0.9 percent from February

WASHINGTON — The Department of Transportation’s (DOT) Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.9 percent in March from February, falling for the second consecutive month, DOT’s Bureau of Transportation Statistics (BTS) reported May 11.

EIA: First 3 months of 2016 see higher volatility in oil prices than in recent history

EIA: First 3 months of 2016 see higher volatility in oil prices than in recent history

During the first three months of 2016, crude oil prices were more volatile than in recent history, says the U.S. Energy Information Administration (EIA).

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