Profit Margins Improve Year-Over-Year in Second Quarter, TIA Report Shows
The Transportation Intermediaries Association has released a second-quarter report that shows improved profit margins year-over-year and a slight decline from the quarter.
August 26, 2016Trucks Continue to Haul Most Nafta Freight by Value, DOT Says
Trucks remained the most heavily used mode for moving goods in June to and from the United States and its Nafta trade partners, Canada and Mexico, hauling 65.4% of freight, U.S. Department of Transportation said Aug. 25.
August 26, 2016US Proposes Mandatory Speed Limiter Devices
The federal government is proposing that heavy-duty vehicles be equipped with devices that limit their speeds on U.S. roadways but said the limiters will not be required to be tamper-proof.
August 26, 2016Consumer Sentiment Eases in August to Four-Month Low
Consumer confidence eased in August to a four-month low as Americans become less optimistic about their finances for the year ahead.
August 26, 2016Golden Gate Bridge Toll Collection to See Dramatic Change
SAN FRANCISCO — A large gantry-type structure is in the offing at the Golden Gate Bridge as officials look to upgrade toll collection machinery.
August 26, 2016UPS Tripling Size of Louisville Hub, Adding 300 Jobs
UPS Inc. began a project Aug. 25 to triple the size of a hub in Louisville, Kentucky, that also will add 300 jobs and increase the sorting capacity for packages.
August 25, 2016Daimler to Open Distribution Center in Indiana
Daimler Trucks North America plans to open a parts distribution center in the Indianapolis area, a move that is expected to add 45 jobs in 2017.
August 25, 2016Atlas Air to Supply FedEx Express with Freighter Aircraft
Atlas Air Worldwide Holdings Inc., a provider of outsourced aircraft and aviation operating services, has entered into a five-year agreement with FedEx Express to provide it with five 747-400 freighter aircraft for peak flying seasons beginning in 2017 and lasting through 2021.
August 25, 2016Sarah Long Bridge Between New Hampshire, Maine Closes Permanently
A mechanical failure in the tower on the New Hampshire side of the Sarah Long Bridge that connects Portsmouth, New Hampshire, and Kittery, Maine, has caused the 76-year-old structure to be closed permanently.
August 25, 2016FedEx Doubles Down on Purple and Orange
Chairman Frederick Smith announced to employees Aug. 24 that the company would adopt the 43-year-old FedEx combination of purple and orange as its unified color scheme.
August 25, 2016