USA Truck Executive Michael Borrows Resigns
USA Truck Inc. announced that Executive Vice President Michael Borrows resigned from the trucking and logistics company May 19 as changes continue in its executive ranks.
May 20, 2016Trimac Considers Going Private
Trimac Transportation announced that shareholders will meet June 28 to decide whether to take the publicly traded energy industry and bulk freight specialist to private ownership, including its current top leaders.
May 20, 2016Central States Won’t Create New Pension Rescue Plan, Appeals to Congress for Help
The Central States Pension Fund has decided not to submit a new rescue plan to avert future insolvency, leaving the question of funding future pensions for its Teamster members in the lap of Congress.
May 20, 2016Motorists to Hit Roads on Memorial Day in Near Record Numbers, AAA Says
The number of Americans traveling by car for the Memorial Day holiday will hit an 11-year high this year, fueled by a growing economy and low gasoline prices, the nation's largest motorists' advocacy group said on May 20.
May 20, 2016Previously Owned Home Sales Climb to Three-Month High
Sales of previously owned homes increased in April to a three-month high, led by a surge in the Midwest and indicating further improvement in the housing market during the busy spring-selling season, National Association of Realtors data showed May 20.
May 20, 2016Ocean Carriers, Six Ports Reach Deal on Container Weight Procedures
Container carriers that belong to the Ocean Carrier Equipment Management Association trade group and six ports have announced the first united approach to meeting new international freight weight requirements that take effect July 1.
May 20, 2016Infrastructure Permitting Project Delays Driving Up Costs, Experts Say
WASHINGTON — Infrastructure projects in the United States are taking up to 10 years to gain regulatory approval, a problem that is too often sending investors to other countries and driving up the costs of projects, several transportation experts said.
May 19, 2016FedEx Founder Fred Smith Believes Twin 33s Will Win Approval
WASHINGTON — Fred Smith, founder and chairman of FedEx Corp., said he believes nationwide use of 33-foot twin trailers can gain approval during the next presidential administration.
May 19, 2016Mack Trucks to Demonstrate Practicality of Zero-Emissions Drayage Trucks
Mack Trucks announced that it will demonstrate two zero-emission capable Class 8 drayage trucks as part of a California-based heavy-duty truck development project designed to help reduce air pollution at freight-intensive locations throughout the state.
May 19, 2016Senate OKs Fiscal ’17 Transportation Funding Bill With Trucking Provision
The Senate on May 19 voted 89-8 to pass a $56 billion transportation funding bill with a provision that would cap at 73 the allowable hours per week truckers could work before being required to take a rest break.
May 19, 2016