Business

Union Representation Vote Called off at Con-way Freight Facility in Oakland

Con-way Inc. said a union representation election at a Con-way Freight facility in Oakland, California, was called off, marking the latest defeat of labor organizing efforts at the less-than-truckload carrier.

Rip Watson | Special to Transport Topics
July 15, 2015
Business

Maverick USA Buys Flanary and Sons Trucking

Maverick USA Inc. announced the acquisition of Flanary and Sons Trucking Inc., a Tennessee-based carrier that specializes in shipping architectural flat glass, a building product.

Rip Watson | Special to Transport Topics
July 15, 2015
Business

Appeals Court Backs Kansas Ruling That FedEx Ground Drivers Are Employees

In the latest of a series of recent worker-status rulings, a federal appeals court upheld a Kansas Supreme Court decision last year that classified about 500 FedEx Ground drivers as employees rather than independent contractors under that state’s law.

Rip Watson | Special to Transport Topics
July 15, 2015
Business

Truck Driver Turnover Declines 12 Percentage Points

Truck driver turnover rates fell to a four-year low in the first quarter among larger fleets and declined 12 percentage points at larger and smaller fleets alike, American Trucking Associations reported.

Rip Watson | Special to Transport Topics
July 14, 2015
Business

Marten Second-Quarter Net Income Rises 6%

Marten Transport Ltd., a refrigerated carrier, raised second-quarter net income more than 6% to $8.4 million, or 25 cents per share, driven by continued growth in dedicated freight business.

Rip Watson | Special to Transport Topics
July 14, 2015
Business

Trucking’s 2Q Earnings Expected to Climb on Higher Rates, Declining Fuel Prices

Rising rates and falling fuel prices should drive higher second-quarter earnings in the trucking sector when results begin to roll in this week, analysts said.

Rip Watson | Special to Transport Topics
July 13, 2015
Business

Court Upholds Independent Contractor Status in Massachusetts Case

A federal court ruled that Massachusetts courier drivers are independent contractors, turning away a bid by the state to classify the workers as employees.

Rip Watson | Special to Transport Topics
July 9, 2015
Business

Trucking Stocks Slip in First Half of 2015 as Investors Worry About Economy, Rates

Investors’ fears that the economy will weaken and curtail carriers’ pricing power are pushing down trucking share prices at a time when the broader stock market hovered near record levels before last week’s pullback, analysts said.

Rip Watson | Special to Transport Topics
July 6, 2015
Business

Judge Sets July 24 Deadline for Motions to Dismiss Suits in TransVantage Case

The stage is set for a July 24 courtroom showdown over an effort to collect hundreds of millions of dollars from about 450 truckers in the TransVantage bankruptcy case.

Rip Watson | Special to Transport Topics
July 6, 2015
Business

FRA Says it Will Levy Fines for PTC Violations, Effective Jan. 1

The Federal Railroad Administration signaled that effective Jan. 1 it would begin levying fines against freight and passenger railroads if their positive train control projects are not completed.

Rip Watson | Special to Transport Topics
June 29, 2015