Understanding hours-of-service and ELD regulations and their exemptions can help fleets better manage driver’s time.
The US trade deficit in goods narrowed for the third consecutive month in May as improved export performance outweighed a modest rise in imports during the month.
Arrive Logistics, one of the nation’s fastest growing brokerages with offices in both Austin, TX, and Chicago, has received a Series A round of funding led by Lead Edge Capital.
Sales of new single-family homes beat expectations in May as a surge of sales in the South helped offset softness in other areas of the country. This serves as a sign that construction activity should remain strong, though other downstream industries face challenges.
Think government regulations are just a drain on your finances? Think again. Today, savvy fleets are using government regulations such as the hours-of-service rules to their advantage — but how?
The Supreme Court ruled in favor of allowing states to collect taxes on all sales made through online channels, helping large omnichannel retailers compete online for sales.
Truck tonnage rose for the second consecutive month in May, as improving economic conditions and gains in hiring have helped trucking performance.
The song of 2018 remains the same—and tariffs or no tariffs, it projects to remain so even as infrastructure on the rails and ports expand.
Penske Logistics has reached agreement in principle to acquire Epes Transport Systems, of Greensboro, NC. The deal, expected to be finalized in the next few weeks, will add over 1,200 units to Penske Logistics.
As of late yesterday the Canadian dollar volatility began trending poorly throughout the night and into today, and the short-lived support fell.
U.S. shale oil production is fast-growing, but pipeline bottlenecks at the Permian basin could mean that it can’t completely fill the gap being created by the drop in Venezuelan oil production.
Millennials are helping drive the current economic cycle, which is showing no sighs of slowing down.
The economy remains strong, and capacity tight, although buffeted by some headwinds.
Retail sales rose 0.8% in May, beating economist estimates of 0.4% and showing that economic growth still has some room to expand.
The value of commodity indexes has grown about twice as fast as equities indexes in 2018 so far, prompting a wave of capital expenditure in timber, mining, and oil extraction and keeping demand for truckload miles hot.
For the first half of the year thus far, coal exports are up nearly 24% over the same period last year.
The lumber markets have not cooled off since we last covered them in March: futures prices are still breaking records because of a Canadian rail capacity crunch, and flatbed rates in the Southeast are climbing right along with them.
With transport stocks surging, some market watchers are hopeful that the current expansion period will continue despite downturns in the broader market earlier this year.
The job openings rate in the overall economy hovered at record highs at the start of the 2nd quarter, as companies across industries continue to struggle to find workers. Results from the transportation sector show an industry facing a significant challenge, and wages will likely face additional pressure to rise in upcoming months.
U.S. Sen. Bob Corker, R-Tenn., says he and others are “crafting” legislation requiring congressional authority over levying tariffs in response to President Donald Trump’s imposition of stiff steel and aluminum tariffs on Canada, Mexico and the European Union.
