Mack Trucks Names New Boss for Lehigh Valley Plant
Mack, on Aug. 24, announced that Rickard Lundberg has been appointed vice president and general manager of its Mack Lehigh Valley Operations plant in Pennsylvania.
August 25, 2016Asia’s Biggest Container Shipper Posts Loss After China Merger
China Cosco Holdings Co., Asia’s largest container shipping company after a government-led merger last year, posted a loss in the first half as excess capacity dragged down cargo rates.
August 25, 2016C.H. Robinson Settles Class-Action Lawsuit on Overtime Pay
C.H. Robinson Worldwide Inc. settled a class-action lawsuit with former employees in a case involving overtime wages.
August 25, 2016Consumer Comfort Jumps to Highest Level Since April 2015
American consumers grew more upbeat last week than at any other time since April 2015, signaling robust spending will continue amid favorable views of the buying climate and household finances, the weekly Bloomberg Consumer Comfort Index showed Aug. 25.
August 25, 2016Trains, Trucks and Two Tankers Involved in Perhaps Most Logistically Complex US Oil Trade Yet
Mercuria Energy Group has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade ban on sales was lifted.
August 25, 2016Truckstop.com Hires Mark Robinson as Chief Financial Officer
Truckstop.com announced that it hired Mark Robinson as its chief financial officer.
August 25, 2016Orders for Capital Equipment Climb by Most Since January
Orders for business equipment climbed in July for a second month, advancing the most since January and indicating U.S. companies are becoming less reluctant to invest.
August 25, 2016Jobless Claims Decline to Lowest Level in Five Weeks
The number of Americans filing applications for unemployment benefits fell to the lowest level in five weeks, another sign of endurance in the labor market.
August 25, 2016US Court of Appeals Rejects Truckers' Claim for Overtime Pay
The U.S. Court of Appeals rejected a claim from 11 truck drivers who sought overtime pay for work performed over an 18-month period.
August 24, 2016What FDA's Food Safety Modernization Act Means for Trucking Companies
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August 24, 2016