UPS Names David Abney CEO, Effective Sept. 1
UPS Inc. named David Abney its new CEO, effective Sept. 1, succeeding Scott Davis, 62, who has been the company’s chairman and CEO since 2008.
June 6, 2014Truck Platooning System Tested in Nevada
A system designed to platoon or connect trucks wirelessly to each other to reduce fuel consumption was tested in Nevada in front of state transportation officials, according to the Nevada Department of Motor Vehicles.
June 6, 2014Panel Adopts HOS Amendment, Advances Transportation Bill to Full Senate
Senate appropriators today adopted an amendment to suspend some provisions of the 'hours-of-service' rules for one year while a DOT study is conducted.
June 5, 2014May Cass Report Hits Three-Year Record
The May Cass Freight Index Report showed a 3.6% rise in shipments over the same month of last year and reached the highest level since May 2011, indicating continued strength in cargo markets.
June 5, 2014Navistar’s 2Q Loss Declines; Revenue Improves
Navistar International Corp. announced June 5 that its fiscal second-quarter loss narrowed from a year ago as its Class 8 truck orders and market share improved.
June 5, 2014UTi Worldwide Loss Rises to $43.2 Million
UTi Worldwide Inc. reported its first-quarter fiscal loss increased to $43.2 million, or 43 cents per share, from $12.4 million, or 12 cents per share, the prior year.
June 5, 2014Commerce Infrastructure Grants Program Backed By Federal Lawmakers
WASHINGTON — An infrastructure grants program designed to assist communities struggling with high unemployment improve their freight connectivity was backed by a Senate funding committee June 5, following approval by the Republican-led House in May which included it as part of a 2015 spending bill.
June 5, 2014P.A.M. Transportation Services Appoints New Board Member
Franklin McLarty has been appointed to P.A.M. Transportation Services’ board of directors and will serve on its audit committee, the truckload carrier said.
June 5, 2014Jobless Claims Lowest Over Past Month Since 2007
Fewer Americans filed applications for unemployment benefits over the past month than at any time in seven years, a sign the labor market continues to strengthen.
June 5, 2014Roadcheck Safety Inspections Target Driver Logs, Hazmat Transport
Federal, state and local safety officials kicked off the annual Roadcheck event June 3 at FedEx Field in Landover, Maryland, with the goal of pulling in 17 trucks and buses per minute across North America for 30-step, Level 1 safety inspections.
June 4, 2014