Transport Topics
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Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to sell invoices benefit from a robust spot market, industry executives say.
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Filings for jobless benefits in the U.S. unexpectedly settled back last week, underscoring a resilient labor market even as the Atlantic hurricane season introduces added volatility to the figures, Labor Department data showed Sept. 14.
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Americans’ confidence retreated for a second week as consumers’ assessment of the buying climate deteriorated on the heels of higher fuel prices, Bloomberg Consumer Comfort Index figures showed Sept. 14.
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U.S retail sales of medium-duty trucks improved 21.8% in August as all classes notched gains.
West Virginia Trucking Association members receive a 2.7% discount
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