What can we learn from the truckload spot to contract rate spread?

Chart of the Week: Spot to contract rate spread (excluding estimated fuel costs above $1.20/gal, Van Outbound Tender Rejection Index – USA  SONAR: RATES12.USA, VOTRI.USA The difference (spread) between dry van truckload spot and contract rates has risen to its most balanced level since the holiday season last year. While the weather has certainly played a role…

Plan to replace I-81 in Syracuse with urban boulevard gets court win

A major legal hurdle to tearing down the interstate 81 viaduct through Syracuse, New York, and replacing it with an urban boulevard was cleared Friday when a New York court overturned a ruling blocking the project. The only legal route now for Renew 81, a group opposing the “new urbanism” project, would be to seek…

NTSB investigating after Norfolk Southern worker killed

An investigation is underway after a Norfolk Southern train engineer died this week after being hit by a train in Decatur, Alabama. The National Transportation Safety Board said the incident happened just after 5 p.m. Wednesday.  The victim has been identified as Chris Wilson, 55, of Muscle Shoals, Alabama. He was a 30-year employee of…