Global Investors Bet $7.3 Billion on Australia’s Busiest Port
A group of global investors including QIC Ltd. agreed to pay A$9.7 billion ($7.3 billion) to run Australia’s busiest maritime hub for 50 years, betting on steady income from the port’s daily stream of containers and new cars.
September 19, 2016Driver Pay Levels Flatten
Driver pay increases during the second quarter sank to the lowest level in seven years as fleets show almost no interest in raising compensation to attract drivers when lackluster freight levels don’t require that step, according to an industry official who studies pay levels.
September 19, 2016Editorial: Recognizing People Behind the Wheel
To readers of Transport Topics, the plight of the industry’s truck drivers is well-known. It requires a unique commitment to be away from home and travel over congested highways while complying with more and more regulatory demands.
September 19, 2016Letters: Rhode Island Tolls, Driver Shortage
Rhode Island Tolling Is a Losing Situation
September 19, 2016Opinion: Supplier Diversity in the Transportation Industry
A few weeks ago, I was on a conference call organized by a transportation industry association. Invited on the call were woman- owned trucking companies gathered to address a Small Business Administration proposed rule change. After the call, a few people contacted me to ask why some on the call were not certified women- owned businesses nor certified Women-Owned Small Business.
September 19, 2016US Ports, Private Firms to Spend $154.8 Billion on Projects Over the Next 5 Years, AAPA Says
U .S. ports and private com panies will spend an esti mated $154.8 billion on capital projects over the next five years, from dredging harbors and expanding terminals to building warehouses and buying automated container handling equipment, according to the American Association of Port Authorities.
September 19, 2016About Us: Transport Topics' Top 50 Global Freight Carriers
The Transport Topics Top 50 Global Freight Carriers is a listing of the largest truck, rail, air and ocean carriers in the world.
September 19, 2016A Timeline of Inland Ports
The opening in 1989 of the Virginia Inland Port in Front Royal marked the beginning of a concerted effort by port operators and railroads to create intermodal transfer facilities to handle freight going into and out of land-constrained ports.
September 19, 2016Takeaway: Focus on Ports
Just as highway bottlenecks can impede the transport of goods over the road, congestion in and around the nation’s seaports can disrupt the supply chains of companies that import and export goods.
September 19, 2016August Class 8 Sales Drop 26.1% in 9th Straight Monthly Decline
U.S. retail sales of Class 8 trucks dropped 26.1% in August from a year earlier, WardsAuto.com reported, the ninth straight monthly decline, as industry conditions continue to show little improvement.
September 19, 2016