Top Transport Execs Tell Washington: Fix Infrastructure Funding Now
ORLANDO, Fla. — Executives from four of the largest U.S. transportation companies have a blunt, direct message to the Washington political establishment: do what’s needed to support infrastructure improvements now or risk real damage to the economy and competitiveness.
New TCA Chairman Keith Tuttle: Image Is Huge Issue For Industry
KISSIMMEE, Fla. — Keith Tuttle, incoming chairman of the Truckload Carriers Association, believes his role comes with a mission to deliver to the industry and the American public the message about the good works, and successful outcomes, that truckers can achieve.
Trucking Market 'Very Exciting,' Analyst John Larkin Tells TCA
KISSIMMEE, Fla. — Trucking conditions are favorable this year due to tight capacity and could become even better in the next three years if demand grows and supply of drivers can’t keep pace, an industry analyst said.
Southern California Chassis Pool Begins Operation
Three of the largest intermodal chassis owners said they have begun operating a pool at Los Angeles and Long Beach, California, the nation’s two largest ports, to improve trucking operations.
Canadian Pacific Stoppage Ended by Binding Arbitration
A two-day strike at Canadian Pacific Railway Ltd. by the Teamsters Canada Rail Conference ended when both sides agreed to binding arbitration to end a dispute covering approximately 3,000 train crew workers.
Transport Officials, Senators Bemoan Port Delays, Infrastructure Woes
Shipper and railroad executives joined senators at a Washington hearing to bemoan the negative global consequences of West Coast port delays and the U.S. infrastructure investment shortfall.
West Coast Port Lockout Threatened, Though Union Says Deal Is Close
The top negotiator for West Coast terminal operators and ocean carriers said the region’s docks are nearing “complete gridlock” and raised the prospect of a lockout in as few as five days unless a contract deal is reached.
Former Roadway CEO Wickham Dies at 68
Former Roadway Corp. CEO and prominent trucking industry leader Michael Wickham, 68, died on Jan. 20 at his home in Palm Coast, Florida.
STB to Consider Permanent Rail Service Reporting
The Surface Transportation Board said it would consider whether an interim requirement for railroads to file detailed weekly service performance reports in the wake of ongoing freight delays should be made permanent.
FedEx Net Income Climbs 23% as Unit Profits Rise
FedEx Corp. said net income for its fiscal second quarter ended Nov. 30 rose 23% to $616 million, or $2.14 per share, helped by stronger results in the air, ground and freight units.