Swift Transportation Founder, CEO Jerry Moyes to Retire
Jerry Moyes, the founder and CEO of Swift Transportation will retire at the end of the year, the company announced Sept. 8.
September 9, 2016Natso, Allied Brand Capital Partner on Franchising Opportunities
The National Association of Truck Stop Operators said it partnered with Allied Brand Capital to offer special financing and guidance for truck-stop owners and operators seeking to invest in a food franchise.
September 9, 2016Ridgemont Makes Equity Investment in Nolan Transportation
Private equity investor Ridgemont Equity Partners announced that it has made a minority equity investment in Nolan Transportation Group, a freight brokerage.
September 9, 2016Trucking Is Growth Business for Leasing, Finance Firms
Trucking has become a growing portion of business volume for companies that lease and finance equipment, a new study showed.
September 9, 2016Rail Customer Group Plans to Lobby Congress About Rail Competition
The Rail Customer Coalition, which includes 48 trade groups representing shippers, plans a lobbying effort on Capitol Hill to dramatize its view that a Surface Transportation Board regulatory proceeding evaluating increased rail competition needs to be finalized.
September 9, 2016From Steaks to Furniture, Hanjin Shipping Collapse to Raise Freight Costs
The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers.
September 9, 2016Central Freight Lines Settles Workers Comp Lawsuit
Central Freight Lines and Trendsetter HR have settled a lawsuit over workers’ compensation, ending a three-year dispute.
September 9, 2016America’s Transportation Awards Finalists Announced
The American Association of State Highway and Transportation Officials, AAA, and the U.S. Chamber of Commerce announced the 12 finalists in the 2016 America's Transportation Awards competition Sept. 9.
September 9, 2016Is the Next 'Inland Empire' in Pennsylvania?
With its proximity to the ports of New York, robust interstate system and rapid growth in distribution centers, the Lehigh Valley in Pennsylvania could be poised to become the nation's second "Inland Empire" for freight.
September 9, 2016Texas Officials Announce Autonomous Freight Shuttle at Port of Houston
Researchers at the Texas A&M Transportation Institute are partnering with private investors and the Port of Houston to build what is being described as the first autonomous freight shuttle system to move truck trailers and containers through congested ports and border crossings on an elevated guideway.
September 9, 2016