Class 8 Orders Leap to Second-Highest Level Ever
North American Class 8 orders in January unexpectedly surged to the second-highest total amid new tax breaks, strong freight rates, dwindling production slots and efficient vertically integrated powertrains, analysts reported.
February 5, 2018UPS Orders 14 More Boeing 747s
The famed Boeing Co. 747 airplane now has a slightly longer lease on life — at least in the cargo transport industry.
February 5, 2018I-74 Bridge Replacement Aims to Ease Mobility in Quad Cities Corridor
The Interstate 74 bridge replacement, a tandem project of the Iowa and Illinois departments of transportation, will increase capacity and facilitate mobility on an important corridor that links the two states.
February 5, 2018Florida Software Firm Optym’s Algorithms are Quietly Transforming Logistics
Optym, founded by President and CEO Ravi Ahuja, considers real life transportation problems, formulates them as mathematical models with large number of variables (often in millions), solves them through sophisticated proprietary algorithms, and then packages the algorithms into commercial-grade software solutions.
February 5, 2018Capitol Agenda for the Week of Feb. 5: Country Club Builder
Building hotels, resorts and country clubs isn't the same as building roads and bridges, according to one transportation policy expert. A look at the week ahead for trucking on Capitol Hill.
February 5, 2018Service Industries Expand by Most in at Least 10 Years
America’s service industries expanded in January at the fastest pace in at least a decade as a surge in orders led to a pickup in hiring, figures from the Institute for Supply Management showed Feb. 5.
February 5, 2018Cargo Theft Explodes in Mexico
Cargo theft in Mexico has exploded since 2015, and totaled more than 4,000 thefts in 2017, according to SensiGuard Supply Chain Intelligence Center’s annual report on cargo theft in the country.
February 5, 2018Universal Logistics Buys Fore Transportation, Expands in Chicago Market
Universal Logistics Holdings Inc. has acquired intermodal carrier Fore Transportation Inc. for $34.9 million in cash, the Warren, Mich.-based truckload company announced Feb. 2.
February 5, 2018Four Defendants and a Cache of Questions Face Jury in Pilot Flying J Fraud Trial
CHATTANOOGA, Tenn. - In a trial that exposed an underbelly of greed, fierce competition, thievery and even racism within a division of the nation’s largest diesel fuel retailer, jurors now face a slew of questions as the case comes to a close.
February 5, 2018BNSF Announces $3.3 Billion CapEx Program in 2018
BNSF Railway Co. plans to invest $3.3 billion in capital expenditures in 2018, including $2.4 billion in maintenance projects, according to a budget outline that roughly matches the same spending as 2017.
February 5, 2018