Full Speed Ahead for Economy, Trucking in 2018
Trucking firms are revved up for 2018, with predictions of tight capacity and strong demand for freight hauling setting the stage for an anticipated big year ahead for the industry, and indicators pointing to a potentially sustained period of business expansion in the United States and around the globe.
December 28, 2017UPS and FedEx Handle Record Holiday Surge With Minimal Delays
United Parcel Service Inc. and FedEx Corp. delivered almost all of people’s presents by Christmas Day, with the former company finishing strong after a bruising late November.
December 28, 2017Roadrunner Avoids Stock Exchange Delisting
Roadrunner Transportation Systems received an extension through April 4 to remain on the New York Stock Exchange, avoiding a delisting due to the company retracting financial statements for every quarter since the beginning of 2016 and also pulling its annual reports for 2015 and 2016.
December 28, 2017Editorial: The Roads Ahead in 2018
The roads where the trucking industry makes its living are expected to be busy in the year ahead — for a variety of reasons.
December 27, 2017Navistar CEO Troy Clarke Says Company Is Regaining Customers’ Trust
Navistar International Corp. achieved profitability during its 2017 fiscal year as it battles back from sustained losses, but the company’s chief executive said it’s not all about the money. More important, he says, are the growing indications that Navistar is winning back the trust of truck buyers compared with the situation it faced when it launched a turnaround effort a few years ago.
December 27, 2017Death of CSX’s Hunter Harrison Prompts Questions about Health Disclosures
Former CSX Corp.CEO Hunter Harrison died less than one year into his four-year contract. Now questions are starting to arise about whether it was wise for the railroad to invest $84 million in the tycoon despite obvious health concerns.
December 27, 2017Companies Race to Create Sensors for Self-Driving Vehicles
To drive a car, you need to see the world around you. But computers are blind, so autonomous cars must rely on other ways to perceive their surroundings.
December 27, 2017Tight Capacity, ELD Mandate Send 3PL Rates Higher
The new year is bringing good news to third-party logistics firms as tight capacity sends the rates they charge shippers higher and their spot market business flourishes.
December 27, 2017CSX Takes ‘Interim’ Tag off CEO Jim Foote
Only two months after being hired, Jim Foote is now the top executive at CSX Corp. after the unexpected death of CEO Hunter Harrison on Dec. 16.
December 27, 2017Ag Retailers Apply for Waiver From ELD Mandate
The Agricultural Retailers Association has requested an exemption from the electronic logging device rule that took effect Dec. 18, according to a notice published Dec. 27 in the Federal Register by the Federal Motor Carrier Safety Administration.
December 27, 2017