Navistar International Corp. and Caterpillar Inc. are in discussions with a Chinese firm to set up a truck- and engine-making venture in China, Bloomberg reported Thursday, citing a Chinese newspaper report.
August 20, 2009Search
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LTL Carriers Show Declines in Pricing as Shippers See Benefit of Overcapacity
All nine publicly traded less-than-truckload carriers reported classic signs of overcapacity 鈥 tonnage and pricing falling simultaneously 鈥 during the second quarter of this year, leaving the industry unable to capitalize on the 47% decline in diesel prices from the corresponding time in 2008.
August 24, 200920% Decline in 2009 U.S. Container Traffic Forces Terminals, Ocean Carriers to Adjust
With total U.S. container import traffic down more than 20% in the first half of 2009 compared with a year ago, all pieces of the supply chain are feeling the pain of the recession.
August 24, 2009Key Ports Appeal to Congress for Power to Regulate Trucks
The battle over how to best accomplish clean-truck programs for drayage fleets has moved from California ports and courtrooms to the halls of Congress.
August 24, 2009Philadelphia Manufacturing Index Improves
Manufacturing levels in the Philadelphia expanded in August for the first time in almost a year, the Federal Reserve Bank of Philadelphia said Thursday.
August 20, 2009Leading Economic Indicators Rise 0.6%
An index of leading economic indicators rose 0.6% in July, the fourth consecutive increase, the New York-based Conference Board said Thursday.
August 20, 2009Pacer Completes Heavy-Haul Unit Sale
Transportation and third-party logistics firm Pacer International said Thursday it has completed the sale of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services.
August 20, 2009DOT Sets Dates for Distracted-Driving Summit
The Department of Transportation said it will host its 鈥渄istracted driving鈥 summit in Washington on Wednesday and Thursday, Sept. 30 - Oct. 1.
August 19, 2009ATA Says California Reefer Rule Is Unfair
California鈥檚 new emission-reduction rule for transport refrigeration units unfairly imposes air quality standards on out-of-state carriers, attorneys for American Trucking Associations and the Truckload Carriers Association told a federal appeals court.
August 19, 2009NFI Buys Network Logistic, Expands Warehousing
NFI Industries said it expanded its warehousing operations by 20% with the Aug. 3 purchase of Network Logistic Solutions, which operates 3 million square feet of space in Florida, Georgia and Oklahoma. Pricing details were not disclosed.
August 19, 2009