Court Approves Settlement in New Jersey Background Check Lawsuit
A New Jersey federal court on May 29 approved an $870,500 settlement agreement between New Jersey-based New England Motor Freight and a group of 7,000 truck drivers over background check claims.
May 30, 2014ArcBest Plans New Headquarters Building
ArcBest Corp. announced it will build a new headquarters in Fort Smith, Arkansas, a $30 million project designed to help the company prepare for future growth.
May 30, 2014USA Truck Appoints New Board Member
USA Truck Inc. announced the appointment of Alexander Greene to the company’s board of directors.
May 30, 2014IBM, SAP Partner to Provide New Software, Consulting for Transportation Industry
Technology and consulting firm IBM and enterprise software company SAP AG said they plan to partner on a new technology platform for the global transportation and logistics industry.
May 30, 2014Intermodal Rail Traffic Rises 8.6% for Week
U.S. rail intermodal traffic increased 8.6% in the week ended May 24 compared with the same week last year, the Association of American Railroads reported.
May 30, 2014Consumer Spending Declines in April
Consumer spending fell in April after the biggest surge in almost five years as incomes slowed, a sign the largest part of the U.S. economy will take time to accelerate.
May 30, 2014Saia Launches Mobile-Friendly Website
Less-than-truckload carrier Saia Inc. announced that it has launched a mobile-friendly version of its less-than-truckload freight website and said it expects to invest $7 million in new technology this year.
May 30, 2014Rules Committee Paves Way for Transportation Spending Bill on House Floor
The House Rules Committee adopted an open rule process for a fiscal 2015 transportation funding bill by voice vote on May 29.
May 29, 2014Nafta Trade Value Rises 6.2% in March
U.S. trade with Canada and Mexico in March increased by 6.2% to $101.5 billion from 2013, to the second highest amount on record, the Bureau of Transportation Statistics reported May 29.
May 29, 2014Tyson Bids $6.2 Billion for Hillshire
Tyson Foods Inc. made an unsolicited $6.2 billion offer to buy Hillshire Brands Co., trumping a competing bid from Pilgrim’s Pride Corp. of $6.1 billion.
May 29, 2014