U.S. trailer orders in July fell to less than half of what they were a year earlier as seasonal weakness and cautious fleets still eyeing a lackluster economy cut demand more than expected, ACT Research Co. reported.
August 15, 2016Business, Logistics, Equipment
Trailer Orders Fall to Below 10,000 in July
Business, Technology, Equipment, Safety, Logistics
Another 9,000 Trailers Recalled Due to Bendix Defect
The National Highway Traffic Safety Administration has issued a recall of more than 9,000 additional trailers because of a defect with the Bendix SR-5 spring brakes that the manufacturer believes could affect up to 194,410 trailers in total.
August 11, 2016Business, Logistics
June Trailer Orders Plunge 50%
U.S. trailer orders in June sank about 50% from especially robust volumes a year earlier, as the stagnant freight market also prompted a spike in cancellations and a sharp decline in backlog, analysts said.
August 8, 2016Business, Logistics
US Trailer Orders Tumbled in June
June’s sharp plunge in U.S. trailer orders reflected increased cancellations, caution on the part of fleets over placing new orders and a very strong comparable month the year before, analysts said.
July 22, 2016Government, Business, Logistics
Minnesota Governor Forms Freight Rail Council
Minnesota Gov. Mark Dayton said July 15 he is creating a public-private group to improve communication, safety and economic development related to rail service across the state.
July 18, 2016Business, Fuel, Logistics
As Another Oil Train Derails, Regulators, Lawmakers Say Progress Being Made
Three years ago July 6, an unattended train carrying crude oil from North Dakota rolled down a hill toward the town of Lac-Megantic, Quebec.
July 11, 2016Business, Logistics
North Central Utility Breaks Ground on Minnesota Dealership
North Central Utility has broken ground on a dealership in Mankato, Minnesota.
June 30, 2016Business, Logistics, Equipment
Trailer Orders Drop 12% as Seasonal Slowdown Hits
U.S. trailer orders fell 12% in May, reflecting typical seasonal demand, ACT Research Co. reported — though trailer manufacturers said the market had softened.
June 27, 2016Business, Logistics
Controversial Proposal for $8 Billion Private Freight Rail to Bypass Congested Chicago
CHICAGO — The managing partner of Great Lakes Basin Transportation was in familiar surroundings June 15 as he promoted his idea to build a freight railroad from the LaPorte area to southeast Wisconsin, circling Chicago to serve as a bypass around that congested city.
June 20, 2016Business, Logistics
Trailer Orders Fall 12% in May
U.S. net trailer orders in May reached 14,250 units, the lowest total this year, ACT Research Co. reported, calling it an expected seasonal slowdown.
June 15, 2016