Consumer spending in the U.S. grew in May as Americans used gains in income to shore up household finances. Purchases, which account for about 70% of the economy, climbed 0.2% after being little changed in April, Commerce Department figures showed. Incomes advanced 0.4%, and the saving rate increased to an eight-month high. Projections for spending […]
Consumer Spending and Confidence Climb Read More »
Top officials from the American Trucking Associations (ATA), the Owner-Operator Independent Drivers Association (OOIDA) and ACT 1 industry suppliers kicked off “Trucking Moves America Forward,” a nationwide trucking image campaign, at a press conference before the start of the Mid-America Trucking Show in Louisville, Ky. “We have to think about how to get more people
Singing Our Praises Read More »
Signed into law in 2011, the Food Safety Modernization Act (FSMA) is pushing fleets that haul food products to take a hands-on approach with their food service clients to ensure a smooth implementation. “You need to be proactive and get out front” on this, said Bud Rodowick, manager fleet performance, Thermo-King. “Find out where your
Food-Haulers Subject To Heightened Sanitary Standards Read More »
Walmart unveiled a new concept truck, the Walmart Advanced Vehicle Experience (WAVE), featuring lead- ing edge aerodynamics, an advanced turbine-powered range extending series hybrid powertrain, electrified auxiliary omponents and sophisticated control systems at the Mid-America Trucking Show. In 2005, Bentonville, Arkansas- based Walmart, one of the nation’s largest private fleet operators, announced its goal to
Walmart Leads Charge In Improving Efficiency Standards Read More »
The for-hire trucking industry added 3,300 jobs in March, according to the monthly employment report released by the Department of Labor’s Bureau of Labor Statistics. The U.S. economy as a whole added 192,000 non-farm jobs in March. National unemployment rate remained unchanged at 6.7 percent. March employment rose in construction (19,000 jobs), retail trade (21,300
Trucking Adds 3,300 Jobs; Unemployment Holds at 6.7% Read More »
Average state personal income in the U.S. grew 2.6 percent in 2013, a decline from the 4.2 percent of 2012, according to the U.S. Bureau of Economic Analysis. In Arkansas, personal income increased 2.2 percent in 2013, to $36,086 per capita leading to the state ranking 35th in growth last year, though its per capita
Arkansans’ Pockets See Modest Growth Read More »
Class 8 orders in March were solid again, rounding out a quarter that points toward a growth cycle for truck sales, according to data released by firms FTR and ACT Research. FTR projected the Class 8 2014 first quarter orders to be 35 percent better than the same quarter last year, FTR says. Likewise, ACT
First Quarter Rounds Out Solid Truck Sales Read More »
A University of Arkansas project to save money on energy costs has saved 24 percent more than expected between 2012 and 2013. Razors EDGE (Efficiently Delivering Green Energy) saved the university $3.7 million in energy costs in two years. The $30 million project was designed and installed by Energy Systems Group to reduce energy use
U Of A Goes Green And Saves Big Read More »
With just over six months to go before the general election, Arkansas’ air waves have been targeted by national political parties and special-interest groups that have taken a particular interest in the U.S. Senate race between incumbent Democrat Mark Pryor and Republican U.S. Rep. Tom Cotton. Republicans have targeted the seat as one they need
Arkansas Senate Race Garners National Attention Read More »
A bill approved unanimously by the Alabama state legislature and signed into law by Gov. Robert Bentley is changing the way motor fuel road taxes are collected on natural gas sold in the state. The bill would provide a tax holiday for natural gas used in vehicles and give state agencies until Oct. 1, 2016,
Alabama Legislature Approves CNG, LNG Tax At The Pump Read More »