States Slow Highway Projects as US Funding Crisis Looms
State transportation officials said they are pulling construction projects from monthly bidding advertisements and drawing up contingency plans in case there’s a shut-off of federal highway money this summer.
June 23, 2014Celadon’s Russell Used Hard Work, Luck To Build Large Cross-Border TL Carrier
Stephen Russell might not have become the owner of motor-carrier giant Celadon Group Inc., were it not for a chance meeting 29 years ago at a toll booth.
June 23, 2014Procedural Clash on Senate Floor Halts Debate on HOS Restart
Debate in the Senate on an amendment that would have blocked a one-year suspension of the hours-of-service restart changes was halted June 19, and it is not clear when the amendment will be reconsidered.
June 23, 2014Senators Propose Saving Highway Trust Fund By Raising Fuel Taxes 12¢ Over Two Years
With a federal highway account that supports infrastructure projects close to insolvent, two senators have unveiled a plan aimed at averting an imminent deficit.
June 23, 2014West Coast Port Negotiations Continue Ahead of June 30 Labor Pact Expiration
Contract negotiators for ports on the West Coast are continuing to bargain with no public sign of how much progress may have been made as the June 30 contract expiration date approaches.
June 23, 2014Pilot Flying J Founder Donates $1.25 Million To Advance Trucking’s Image Campaign
The trucking industry hauled in 25% of what it needs to fund its five-year image campaign — Trucking Moves America Forward — with a single contribution of $1.25 million from Pilot Flying J travel plazas founder James Haslam II.
June 23, 2014OEMs, Suppliers File SEC Audits; Say Conflict Minerals Hard to Trace
Publicly traded truck makers and industry suppliers told federal regulators they have not determined whether their suppliers use African “conflict minerals” in the manufacture of products.
June 23, 2014Logistics Spending Rises, Led By Warehouse Services
Business spending on transportation and logistics hit $1.39 trillion last year, an increase from $1.35 trillion the year before, according to the 25th annual “State of Logistics” report.
June 23, 2014FedEx Net Income Gains in Fiscal 4th Qtr.
A stronger result from FedEx Freight provided the greatest impetus last week for parent FedEx Corp.’s fiscal fourth-quarter earnings to rise to $730 million.
June 23, 2014A Passion for Collecting, Displaying Art
Celadon Group Inc. Chairman Stephen Russell has a passion for collecting art — as is reflected throughout the Indianapolis headquarters.
June 23, 2014