Tuesday, January 16, 2018
Business
Joe Dagnese tapped as president of Con-way Freight

Joe Dagnese tapped as president of Con-way Freight

ANN ARBOR, Mich. — Joseph M. (Joe) Dagnese has been named president of Con-way Freight, Con-way Inc.’s regional and national less-than truckload subsidiary and largest operating unit.

Trucks sales pass 20K mark for 3rd consecutive month

Trucks sales pass 20K mark for 3rd consecutive month

Sales of new Class 8 tractors in May reached 21,501, marking the third consecutive month that sales have topped the 20,000 mark, the first time that has happened since the boom years of 2005 and 2006 when sales topped 20,000 in 2005 for 10 straight months and in 2006 for 11 straight months.

34-hour rule suspension weakens trucking conditions index

34-hour rule suspension weakens trucking conditions index

BLOOMINGTON, Ind. — FTR’s Trucking Conditions Index for April fell 9 percent from the previous month to a relatively modest reading of 6.7.

Cargo Transporters raising OTR pay by 5 percent

Cargo Transporters raising OTR pay by 5 percent

CLAREMONT, N.C. — Cargo Transporters said Thursday that driver pay will increase effective July 5 by about 5 percent for over-the-road (OTR) drivers.

Price of diesel drops for the first time in six weeks

Price of diesel drops for the first time in six weeks

WASHINGTON — Hooray … at least this week. After six consecutive weeks of increases, the average on-highway price of a gallon of diesel fell five-tenths of a penny to $2.909 for the week ending June 1.

NAFTA freight drops 5.3 percent in March

NAFTA freight drops 5.3 percent in March

Trade between the U.S. and North American Free Trade Agreement (NAFTA) partners Canada and Mexico totaled more than $96.1 billion in March 2015, dropping 5.3 percent from the level recorded in March 2014, according to a release from the U.S. DOT’s Bureau of Transportation Statistics (BTS).

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