FMCSA Grants Waste Management HOS Exemption
The Federal Motor Carrier Safety Administration has granted Waste Management Holdings Inc. an exemption from certain hours-of-service rules.
October 24, 2018Norfolk Southern Sets 3Q Record for Net Income
Norfolk Southern Corp. joined the list of freight rail carriers reporting record financial results for the third quarter.
October 24, 2018ATA President Chris Spear Sees Progress in 2019 on Infrastructure, Workforce Development
American Trucking Associations President Chris Spear said he likes the direction trucking is going and credits tax cuts for breathing new life into the economy, sparking investment and giving President Donald Trump leverage to negotiate new trade deals.
October 24, 2018Canadian National Reports Record Revenue, Strong 3Q Results
Canadian National Railway on Oct. 23 reported a third-quarter record for revenue, posting a 14% increase to C$3.68 billion.
October 24, 2018DSV Ends Bid to Acquire Ceva Logistics
DSV A/S, the world’s fifth-largest freight forwarder, walked away from Ceva Logistics AG after failing in its latest attempt to buy the Swiss company, which says it needed more time to review the offer.
October 24, 2018Retiring Michigan DOT Chief Kirk Steudle Appointed Econolite Executive
Outgoing Michigan Department of Transportation Director Kirk Steudle has been appointed senior vice president of Econolite, a company that specializes in intelligent transportation systems and traffic management software.
October 24, 2018New-Home Sales Fall 5.5% in September for Fourth Straight Decline
WASHINGTON — Sales of new U.S. homes plunged 5.5% in September, the fourth straight monthly drop as the housing market cools while mortgage rates rise.
October 24, 2018UPS Reports Strong Revenue Growth, Higher Profits in 3Q
UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.
October 24, 2018Kansas City Southern Sets Revenue Record in Third Quarter
Kansas City Southern on Oct. 19 reported record revenue for the third quarter, buoyed by a 17% increase in chemical and petroleum products and an 8% jump in automotive and intermodal shipments.
October 24, 2018Arkansas Federal Judge Rules Sleeper Berth Time Is 'Time-Worked'
A federal district judge in Arkansas has ruled that a legal class of nearly 3,000 truck drivers is entitled to compensation for time in the sleeper berth even though the drivers were signed out as off-duty.
October 24, 2018