TBS Digital Authority April

Peter Voorhoeve named president and CEO of Volvo Trucks North America

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GREENSBORO, N.C. — Peter Voorhoeve, currently the president and CEO of Volvo Group Australia, has been named president of Volvo Trucks North America, effective...

Of Mutual Interest: Reacting to volatile oil prices

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NEW YORK — Just a month ago oil surged to its highest price in three years, and some investors were wondering if crude was...

FTR index reflects strong freight demand

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BLOOMINGTON, Ind. — FTR’s Trucking Conditions Index (TCI) for April at a reading of 11.5 reflects strong freight demand and continued tightness in capacity,...

Spot Truckload Rates Poised To Set Records In June

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Spot truckload rates on the DAT network of load boards rose again during the week ending June 16 and are on track to achieve...

Tonnage up in what may be best freight market ever

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ARLINGTON, Va. — The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.7 percent in May after rising 2.7 percent...

U.S. Xpress closes stock offering

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CHATTANOOGA, Tenn. — U.S. Xpress Enterprises said Monday that it has closed its initial public offering of 18,056,000 shares of its Class A common...

Retail group official says good done by Trump tax cuts will be unraveled by...

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WASHINGTON — An official with the National Retail Federation today warned that President Donald Trump’s tariff plans will unravel the good done by tax...

Trading begins on U.S. Xpress stock

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CHATTANOOGA, Tenn. — U.S. Xpress Enterprises Wednesday said the pricing of its initial public offering of 18,056,000 shares of Class A common stock at...

Wabash names Brent Yeagy as president and CEO

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LAFAYETTE, Ind. —  Wabash National Corp., a producer of semi-trailers and liquid transportation systems, said that Brent L. Yeagy, president and chief operating officer...

Truck orders still ‘hot,’ volume could continue into next year, analysts say

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Two organizations that report truck orders have said the latest data indicates that the new truck market is still strong.ACT Research said its preliminary...

Spot rates rise ahead of Memorial Day weekend

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Spot rates rose ahead of the Memorial Day weekend, DAT Trendline reports.The number of spot market loads on DAT load boards went up 1.3...

FTR’s March Shippers Condition Index reflects continuing tough environment for shippers

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BLOOMINGTON, Ind. — The March Shippers Conditions Index reading from FTR released Thursday remained in double digit negative territory at -10.5 reflecting the continued...

ATA tonnage index increases 2.2 percent in April

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ARLINGTON, Va. — The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.2 percent in April after easing 1 percent...

Class 8 truck sales drop 2.2% but still strong

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Class 8 truck sales in the United States dropped 2.2 percent from March to April, but remain very, very strong for the year, according...

Smokey Point Distributing initiates $65,000 salary for its flatbedders

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 ARLINGTON, Wash. — Smokey Point Distributing (SPD) has announced an over-the-road salary pay program for its over-the-road flatbed drivers. Effective June 1, the carrier...

FTR’s Trucking Conditions Index down in March, but remains carrier-friendly

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BLOOMINGTON, Ind. — FTR’s Trucking Conditions Index for March dropped from the previous month of 15.41 to a reading of 10.30, FTR said.This is,...

Spot TL freight strongest showing in April on record despite dip

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  PORTLAND, Ore. — Spot truckload freight volume had the strongest April on record despite slipping 6.8 percent lower compared to March, a common seasonal...

More than 40 Covenant driving teams collect $88,000 in bonuses

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CHATTANOOGA, Tenn. — By the end of April, 44 teams triggered Covenant’s new $40,000 Teaming Bonus program by eclipsing 60,000 paid miles together and...

U.S. Xpress to offer stock for public sale

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CHATTANOOGA, Tenn. — U.S. Xpress Enterprises said Monday it had begun the process of pursuing an Initial public offering of its Class A common...

Retail imports expected to see steady growth during summer

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  WASHINGTON — Imports at the nation’s major retail container ports are expected to grow steadily throughout the summer despite the prospect of heavy tariffs...