FedEx Moves Bid Forward, Makes Offer for TNT Shares
FedEx Corp. last week took the next step in its planned $4.9 billion acquisition of Dutch package and freight company TNT N.V. by launching a tender offer for its shares.
August 31, 2015Opinion: Newer Trucks Improve Safety, Bottom Line
Because safety is the top priority for motor carriers, running a safe freight transportation operation requires thorough knowledge and understanding of the Federal Motor Carrier Safety Administration’s regulations.
August 31, 2015Editorial: My Kingdom for a Parking Space
In the board game Monopoly, the Free Parking square is rather a disappointment. Sure, nothing bad happens, but where is a player’s chance for glory and domination?
August 31, 2015July Trailer Orders Drop Vs. June
New trailer orders in July slid to 20,313 from an “unsustainable” pace in June and came to rest in numbers typical for the season, according to ACT Research and other market observers.
August 31, 2015Pension Fund Targets Fall for Disclosing Benefit Cuts
The troubled Central States Pension Fund, which includes about 200,000 retired members of the Teamsters union, now is targeting “early fall” to disclose how much benefits will be reduced under the requirements of a 2014 law.
August 31, 2015Developers Converting Shipping Containers Into Structures for Business, Residential Use
There is nothing glamorous about shipping containers. Their existence generally is one of sheer duty, hauling cargo from one point to another.
August 31, 2015TT Archives: Hurricane Katrina
Beyond the human death toll of nearly 2,000 people, high winds and flooding from Hurricane Katrina severely damaged roads and rail lines and would disrupt transportation across a wide swath of the U.S. Gulf Coast, as reflected in this Sept. 5, 2005 edition of Transport Topics.
August 30, 2015Mack Trucks to Skip MATS in 2016
Mack Trucks has become the fourth major truck manufacturer to bow out of the 2016 Mid-America Trucking Show, joining sister company Volvo Trucks, as well as Daimler Trucks North America and Navistar Inc.
August 28, 2015Brad Bentley, President of Truckload Carriers Association, Resigns
Brad Bentley, president of the Truckload Carriers Association, resigned Aug. 27, citing family obligations in his native Alabama.
August 28, 2015Werner CEO Retires; Founder Elected to Position
Werner Enterprises CEO Greg Werner has stepped down, and its board of directors has elected company founder Clarence “C.L.” Werner to replace his son in that position.
August 28, 2015