Transport Topics
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The U.S. trade deficit widened more than forecast in January as exports slumped to the lowest level in more than four years.
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CEO Bruce Carlton, who has headed The National Industrial Transportation League for eight years, retired as of March 1 and will be replaced by Jennifer Hedrick in the role of executive director, the trade group announced.
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The trucking industry lost 600 jobs in February, and the unemployment rate held at 4.9%, the Labor Department reported March 4.
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Chassis provider TRAC Intermodal reported 2015 net income of $26.7 million, reversing a year-earlier loss of $3 million as revenue improved 10%.
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