The new intermodal competitive index (ICI) crafted by research firm FTR dropped 1.2 points in May to a reading of 3.5 – the second straight decline for the index, reflecting “somewhat difficult competitive conditions” for the domestic intermodal segment.
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Paccar Parts recently celebrated the grand opening of its new distribution center in Renton, WA.
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The “Detroit Three,” comprised of Ford Motor Co., General Motors, and Ram Trucks, are showing off some of their latest light truck offerings, featuring everything from a twin-turbo engine option from Ford for its 2017 model F-150 to a brand new air intake design for the 2017 Chevrolet Silverado HD pickup. Though Ram is keeping its 2017 models under wraps for now, the OEM recently stepped up to help support a new all-female off-road that will take place this October in the U.S. southwest.
It's certainly no secret that finding and keeping workers is getting to be pretty tough task for many businesses today, especially in trucking.
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National average retail prices for both diesel and gasoline continued to decline this week, according to data tracked by the Energy Information Administration (EIA), with the agency also projecting that U.S. demand for petroleum will “remain flat” for the next quarter century in part due to rising fuel economy standards for motor vehicles.
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