Lakeville Motor Express Ceases Operations; Local Teamsters Denounce Owner’s Tactics
The owner of Lakeville Motor Express, a company that in recent years has operated as a cartage agent for Minnesota-based regional less-than-truckload carrier LME Inc., said he has shut down the business due to “heavy financial losses” and operational difficulties, including “the inability to hire drivers.”
December 5, 2016Big Drop in Class 8 Registrations Signals End of Truck-Buying Spree
A sharp decline in registrations of new trucks is taking the air out of what has been a remarkably robust period of growth in the size of the nation’s Class 8 fleet.
November 28, 2016XPO Logistics Sells Truckload Unit, Posts Record Third-Quarter Profit
The North American truckload landscape has shifted with XPO Logistics selling its Con-way Truckload business to Canadian transportation conglomerate TransForce Inc. for $558 million.
November 7, 2016Trucking and Logistics Deals Anticipate Capacity Crunch
Despite a current weak freight market, concern about future freight hauling capacity is leading to an increase in dealmaking among trucking and logistics service providers.
October 31, 2016FTC Charges Two With Deception in Selling Registration Services
The Federal Trade Commission has charged two people with using a fake government affiliation to sell registration services to truck owners and operators.
October 31, 2016Privately Owned Schneider Eyes Going Public; IPO Would Be Trucking’s First Since 2010
Schneider, the nation’s largest privately owned motor carrier and a major provider of intermodal transportation and logistics services, has decided to go public.
October 17, 2016Gains in Construction Provide a Lift for Heavy-Haul, Crane Rental Firms
Specialized heavy haulers and crane rental and rigging firms in the United States are seeing an uptick in business as residential and commercial construction activity continues to expand.
October 17, 2016DOT Supports Automation
The U.S. Department of Transportation last week issued guidelines for testing and deployment of highly automated vehicles. Top administration officials said they want to promote development of self-driving technology to reduce crashes on the nation’s roadways.
September 26, 2016North American Ports
Check out this map of North American ports by region.
September 19, 2016US Ports, Private Firms to Spend $154.8 Billion on Projects Over the Next 5 Years, AAPA Says
U .S. ports and private com panies will spend an esti mated $154.8 billion on capital projects over the next five years, from dredging harbors and expanding terminals to building warehouses and buying automated container handling equipment, according to the American Association of Port Authorities.
September 19, 2016