Wife of Overnite Transportation Founder J. Harwood Cochrane Dies at 99
Louise Odell Blanks Cochrane, wife of Overnite Transportation Company and Highway Express founder J. Harwood Cochrane, died Dec. 10 in Richmond, Virginia, at the age of 99.
December 11, 2015UTi Worldwide Loss Narrows in Fiscal 3Q
Logistics operator UTi Worldwide Inc. posted a slightly lower fiscal third-quarter loss of $32.7 million, or 34 cents per share, as ocean freight forwarding results weakened further at the company that has agreed to a $1.35 billion acquisition by DSV, a Danish supply chain and forwarding company.
December 11, 2015Workhorse Group Gets Funding for Operations, Truck Deliveries in 2016
Workhorse Group Inc., of Cincinnati, said it will use nearly $12 million from the sale of convertible notes and warrants to fund operations and begin deliveries of trucks to customers in early 2016.
December 11, 2015Retail Sales Rise in November by Most in Four Months
Retail sales climbed in November by the most in four months as American consumers put to work some of the money saved from the cheapest gasoline since early 2009.
December 11, 2015Wholesale Prices Rose in November by Most in Five Months
Wholesale prices in the United States rose in November by the most since June as a pickup in profit margins at service providers more than offset cheaper costs of goods.
December 11, 2015Congress Sends White House Surface Transportation Board Reform Bill
The House on Dec. 10 passed legislation that would expand the Surface Transportation Board’s leadership and take the agency out of the U.S. Department of Transportation.
December 10, 2015FMCSA Announces Final ELD Rule
The Federal Motor Carrier Safety Administration on Dec. 10 announced its long-awaited final rule requiring that interstate drivers use electronic recording devices intended to enforce hours-of-service regulations, and reduce driver fatigue and paperwork for motor carriers and drivers.
December 10, 2015Vigillo’s ‘Carrier Select’ Program Upgrade Out Dec. 14
With access to Compliance, Safety, Accountability scores temporarily unavailable for public view, companies may turn to Portland, Oregon-based Vigillo for similar data and applications.
December 10, 2015The Final Mile: Adapting to a Changing Industry Landscape
View this webinar.
December 10, 2015Truckers Concerned About Closure of US 12 in Washington
It could be awhile before U.S. Highway 12 in Washington state reopens after a deluge of rain triggered washouts and rockfalls that closed a 27-mile section of the highway over White Pass on Dec. 10.
December 10, 2015