Turn Times at California Ports Slow One Minute in January
The average time to enter and exit the two largest containerports in the United States slowed one minute in January on a year-over-year basis, although the percentage of trips over two hours fell in the same period.
Trucking Market Strongest Since Deregulation, ATA Economist Bob Costello Says
NASHVILLE, Tenn. — The freight market is as strong as it has been since deregulation in the 1980s, according to American Trucking Associations Chief Economist Bob Costello.
Uber, Amazon Making Presence Felt in Transportation Industry
NASHVILLE, Tenn. — Executives in the truck stop and travel plaza industry see the encroachment of technology giants into the transportation industry, but savvy leaders will find ways to capitalize on this trend to make more money, an analyst said during a presentation at the annual NATSO Connect conference.
ATA Chairman Dave Manning Discusses Autonomous, Electric Trucks
NASHVILLE, Tenn. — Two fleet executives doubt fully autonomous or electric trucks will revolutionize the longhaul truckload industry in the near future, foreseeing instead a gradual evolution for these technologies.
Tax Law Sparks Questions on Purchases, Raises in Trucking
As transportation companies reap the rewards of tax relief stemming from the new tax law, some CEOs have reinvested the extra cash into new tractor-trailers or bonuses for their employees.
XPO Profits Soar in Fourth Quarter
XPO Logistics Inc. announced profits grew sevenfold in the fourth quarter, with strong results in last-mile deliveries, brokerage and less-than-truckload, and that the company nearly doubled its bottom line excluding the benefit of the Tax Cuts and Jobs Act.
Port of Virginia to Introduce Appointment System on March 1
The Virginia Port Authority is launching an online trucker appointment system at Norfolk International Terminals beginning March 1, a decision port officials hope will shorten turn times.
Saia Profits Grow in 4th Quarter, Full-Year 2017
Profits at Saia Inc. nearly quintupled in the fourth quarter due to the Tax Cuts and Jobs Act, but the less-than-truckload carrier grew top- and bottom-line results in 2017 even without the one-time tax benefit.
Roadrunner Releases Financials Through 2016
One year after withdrawing its financial statements dating to 2011, Roadrunner Transportation Systems Inc. on Jan. 31 took a major step forward by releasing amended results through 2016.
Port Houston Sets Record for Container Volume in 2017
Port Houston broke its record for traffic in a year due to strength in the transportation of steel, wind energy equipment and automobiles, according to the port authority, which also is confident the numbers will grow with the plastin resin boom in the Gulf Coast.