AAR Appeals DOT Tank Car Safety Rules
The Association of American Railroads has challenged the Department of Transportation’s tank car safety rules at the U.S. Court of Appeals after the agency rejected the trade group’s bid to have the agency revise its standards.
Wal-Mart, Insurers Battle in Court Over Payments in Morgan Case
Wal-Mart Stores Inc. and two insurers are battling in multiple courtrooms over portions of the legal settlement arising from the 2014 crash between one of the retailer’s trucks and a van carrying comedy star Tracy Morgan and three colleagues.
More Tech Firms Target Trucking With Uber-like Shipping Model
Ventures to develop mobile freight-movement applications continue to increase in the trucking industry as competitors seek to capitalize on technology that matches carriers and shippers faster and at lower costs.
Canadian Pacific Makes $28.1 Billion Offer for Norfolk Southern in Consolidation Move
Canadian Pacific Railway Ltd. last week presented Norfolk Southern Corp. with an acquisition offer worth at least $28.1 billion, rekindling the fires of rail consolidation that have been dormant since 1999.
DOT Rejects Rail, Chemical Industry Bids to Change New Tank Car Rule
The Department of Transportation turned down appeals to its final rule covering tank car safety from the railroad and chemical industries, which separately sought changes such as more flexibility in meeting the standards announced in May.
Analysts Growing Cautious on 2016 Trucking Outlook
Freight industry experts are increasingly growing cautious about 2016, based on the expected continuation of recent sluggish market conditions as well as other factors.
Pace of Driver Raises Slows
The pace of truckload driver pay increases is slowing, driven by a weaker economy and the feverish pace of raises at this time last year, an industry expert said.
Truck Driver Arthur Cage Achieves 6 Million Safe Miles
At a glance, no one would confuse YRC Freight driver Arthur Cage with Lee Majors, star of the 1970s television series “The Six Million Dollar Man.”
Trucking Fleets Report Mixed Third-Quarter Profits
Earnings reports from ArcBest Corp., USA Truck and Expeditors International of Washington presented a mixed picture of freight trends in a softening economy.
3Q Fleet Failures Remain Low, Aided by Fuel, Rates, Capacity
Fleet failures remained at historically low levels in the third quarter as fuel, rate and capacity conditions remained favorable enough to keep marginal fleets afloat, according to a new report.