Marten Transport Records Steady Fourth-Quarter Results
Marten Transport reported Jan. 25 net income of $8.6 million, or 16 cents per diluted share, for the fourth quarter of 2017. The results met the expectations of analysts surveyed by Bloomberg.
January 25, 2018Union Pacific Starts Work on $550 Million Rail Yard in Texas
Union Pacific Railroad announced Jan. 25 the company started construction this month on a major rail yard near Hearne, Texas, a $550 million project that’s the largest in the railroad’s 103-year history.
January 25, 2018ELD Compliance Rises, but Training, Enforcement Still Problematic
Compliance with a federal mandate to use electronic logging devices to record driver hours of service is on the rise, but the rollout is causing challenges for some carriers and drivers.
January 25, 2018Fleet, 22-Year-Old’s Logistics Startup, Raises Another $10 Million
At 14, an age when other kids want video games and gadgets, Max Lock wanted a job.
January 25, 2018Autonomous Technology Not Impacting Trucking Jobs in Short Term, Officials Say
WASHINGTON — The adoption of advanced autonomous and connected vehicle applications will not disrupt the employment landscape for commercial drivers in the next few years, Michigan Gov. Rick Snyder (R) told automotive executives Jan. 25.
January 25, 2018TFI Promotes Greg Orr to President of CFI Truckload Business
TFI International has named two executives to head its CFI truckload business unit in Joplin, Mo.
January 25, 2018Port of Long Beach Sets Record for Container Volume in a Year
The Port of Long Beach recovered from a rocky 2016 with a record-setting year in 2017, moving 7.5 million industry-standard twenty-foot-equivalent units, the port’s leader announced at the State of the Port address Jan. 24.
January 25, 2018Jobless Claims Rise From Lowest in Almost 45 Years
U.S. filings for unemployment benefits increased a week after plunging to the lowest level since 1973, underscoring a still historically tight jobs market, Labor Department figures showed Jan. 25.
January 25, 2018Apple Expands California Self-Driving Test Fleet to 27 Cars
Apple Inc. has expanded its California self-driving test fleet to 27 vehicles as it accelerates efforts to catch up with competitors such as Alphabet Inc.’s Waymo.
January 25, 2018Second US Safety Agency to Investigate Tesla ‘Autopilot’ Crash
A second federal safety agency has opened an investigation of an accident in which a Tesla car on “Autopilot” rammed into a parked fire truck.
January 25, 2018