Transport Topics
Consumer Prices Rise at the Slowest Pace in Three Months
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The cost of living in the United States rose in July at the slowest pace in three months, casting doubt on how quickly inflation will return toward the Federal Reserve's goal.
Cass Truckload Linehaul Index Rises 3.6% in July
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The Cass Truckload Linehaul Index, a measurement of changes in base linehaul rates, rose 3.6% year-over-year in July, according to Cass Information Systems.
Spot Load Availability Increases; Rates Fall
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Van and reefer load availability increased for the third consecutive week, but so did the availability of equipment, DAT Solutions reported. The availability contributed to lower national average spot market rates for van, refrigerated and flatbed loads.
MercuryGate Countersues J.B. Hunt for $5 Million
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MercuryGate International has countersued J.B. Hunt Transport Services Inc. for $5 million as part of a disagreement over the effectiveness of an information technology system MercuryGate sold the motor carrier to support its brokerage unit.
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