BLOOMINGTON, Ind. — FTR’s Trucking Conditions Index (TCI) measure for July continued its recent rise with a new high for the year at a reading of 8.07.
IRVING, Texas — Coinciding with Driver Appreciation Week, National Carriers said it was implementing a 2-cent-per-mile increase in company driver compensation.
WASHINGTON — The Freight Transportation Services Index, which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6 percent in July from June, up after a single month of decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS).
BURLINGTON, N.J. — Burlington-based McCollister’s Transportation Group has recently acquired Custom Car Carriage Co. of Denver, which has been doing enclosed auto transport for the past 37 years.
GREENWICH, Conn. and ANN ARBOR, Mich. — XPO Logistics and Con-way Inc. Wednesday announced that they have entered into a definitive agreement for XPO Logistics to acquire Con-way.
THOMASVILLE, N.C. — Old Dominion Freight Line Tuesday reported its results for less-than-truckload tons per day and revenue per hundredweight for July and August 2015. LTL tons per day increased 7.7 percent and 5.8 percent in July and August 2015, respectively, compared to July and August 2014.