Archive for February, 2014

Spot Van Rate Hits Peak of $1.98 per Mile

Spot Van Rate Hits Peak of $1.98 per Mile

| February 27, 2014

The national average spot market van rate hit a peak of $1.98 per mile during the week ending Feb. 22, according to DAT Trendlines, a composite of the DAT network of load boards. The rate—13% higher compared to the same week in 2013—has been pushed by increasing load volume (up 12% last week) and tighter […]

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FedEx Earns No. 8 Spot on the FORTUNE World’s Most Admired Companies

FedEx Earns No. 8 Spot on the FORTUNE World’s Most Admired Companies

| February 27, 2014

FedEx Corp. (NYSE: FDX) has reported that it is once again among the most admired companies in the world, according to a survey published in FORTUNE magazine. The annual “World’s Most Admired Companies” report released on February 27th  lists FedEx as the No. 8 ranked company overall, and No. 1 in the delivery industry. The […]

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Novatel Tapped by Vehicle Tracking Systems to Advance Fleet Tracking

Novatel Tapped by Vehicle Tracking Systems to Advance Fleet Tracking

| February 27, 2014

Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent wireless solutions, has announced that it has been selected by Vehicle Tracking Systems (VTS), a premier fleet management systems provider, to deliver its MT 4100 and MT 3050 devices to support the VTS Silent Passenger application. The VTS Silent Passenger application is a fleet management […]

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US claims spike, but January durables show unexpected strength

US claims spike, but January durables show unexpected strength

| February 27, 2014

Courtesy of Reuters: The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the underlying trend suggested no shift in labor market conditions. Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 348,000, the Labor Department said on Thursday. Claims for the prior week were revised to […]

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Mike Parra Named CEO of DHL Express, U.S.

Mike Parra Named CEO of DHL Express, U.S.

| February 27, 2014

DHL, a leading international express services provider, announced today that Mike Parra has been appointed to lead the Express organization in the United States as Chief Executive Officer. Mr. Parra most recently served as the Senior Vice President of Network Operations for the DHL Express Americas Region. “Mike is a proven leader with a vast […]

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Free EV Charging Stations Light Up Arizona

Free EV Charging Stations Light Up Arizona

| February 26, 2014

Volta Industries LLC has announced the launch of its first 12 electric vehicle (EV) charging stations across Arizona, serving EV drivers in metropolitan Phoenix and Tucson. Volta operates the Volta Network, the largest network of free-to-use EV charging stations nationwide, with free EV charging stations in Arizona, California and Hawaii. “We’re so excited about the […]

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