August 2014 Archive

July Truck Sales Up 22.5%

This story appears in the Aug. 18 print edition of Transport Topics. U.S. retail sales of heavy-duty trucks jumped 22.5% in July to 18,793 units from a year ago, marking the first back-to-back monthly percentage gains above 20% in more than two years, WardsAuto.com reported. The total was second-highest this

Norfolk Southern’s Intermodal Yield Likely To Improve With Favorable Intermodal Mix And Price Increase

Norfolk Southern’s (NYSE:NSC) second quarter 2014 earnings received a significant boost from growth in intermodal volume. Intermodal revenue increased 10.5% year-on-year, to reach $650 million, on the back of 10.8% growth in volume.The increase in international intermodal volume was primarily the result of heavy traffic at U.S. ports due to the

Trucking Firms Raise Pay To Keep Moving

When Steve Williams held grand opening ceremonies for Maverick Transportation LLC’s driver training center in late July in North Little Rock, the event came on the heels of his company announcing two pay raises for its drivers. Williams said the pay raises, one an across-the-board 2 cents-a-mile raise and the