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.
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).
WASHINGTON — U.S. employers pulled back on hiring in April, adding 160,000 jobs, the fewest in seven months after a streak of robust monthly gains.
Volvo Group North America and North Carolina State University (NC State) recently signed a three-year Academic Preferred Talent Partner agreement, extending a mutually beneficial partnership that offers students multiple experience- and career-building opportunities, while improving the prospective talent pool for the Volvo Group.
GREENWICH, Conn. — XPO Logistics, the second largest less-than-truckload carrier in North America, has been awarded top honors in eight categories in the 2015 Mastio LTL Carrier Customer Value and Loyalty Report.
ARLINGTON, Va. — American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 4.5 percent in March, following a 7.2 percent surge during February. In March, the index equaled 137.6 (2000=100), down from 144 in February. February’s level is an all-time high.