The U.S. trade deficit narrowed by 12% in February on lower imports, including a big drop in crude oil imports, the Commerce Department reported Thursday.
April 12, 2012Search
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New York Manufacturing Index Drops
Manufacturing activity in the New York region expanded in April at the slowest rate in five months, the Federal Reserve Bank of New York said Monday.
April 16, 2012Consumer Confidence Declines
Consumer confidence decreased this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
April 13, 2012Load-Board Scammer Gets 10-Year Sentence and Must Repay $443,000 to Fleets, Brokers
Kulwant Singh Gill has been sentenced to nearly 11 years in federal prison for defrauding dozens of motor carriers and brokers out of nearly $500,000.
April 16, 2012U.S. Safety Agencies Appear Stalled Again in 18-Year Drive for Rail-Crossing Rule
For 18 years, regulators have been wrestling with a congressional mandate to issue a rule prohibiting trucks from proceeding into railroad crossings unless there is adequate space on the other side to avoid getting trapped on the tracks.
April 16, 2012Economy Shows Moderate Growth, Fed Says
The U.S. economy showed moderate expansion in the past two months, as manufacturing, hiring and retail sales showed signs of strength, though several areas cited concerns about finding qualified truck drivers, the Federal Reserve said Wednesday.
April 11, 2012Railroad Crossing Rule Still Being Considered
While the notion that trucks should not stop on a railroad track seems to make a lot of sense, federal regulars have yet to finalize a proposed federal railroad grade crossing rule that they say would save lives.
April 10, 2012Entrec Acquires Singer Companies
Canadian carrier Entrec Transportation Services on Monday said it has purchased the Singer Specialized Group of Companies for C$15.3 million in stock and cash, minus the value of long-term debt.
April 9, 2012Strutz Named President of Quality Carriers
Quality Distribution has appointed Randall Strutz president of its subsidiary Quality Carriers Inc., the primary operating unit in the company’s chemical transportation business.
April 5, 2012Quality Distribution Buys Energy Logistics Firm
Tank truck carrier Quality Distribution said late Monday that it has purchased Trojan Vacuum Services, a transportation provider for the oil and gas industry in the Eagle Ford shale region in Texas.
April 3, 2012