Maersk First-Quarter Profit Jumps on Lower Costs, Higher Volumes
A.P. Moeller-Maersk ’s container shipping line, the world’s largest, said first-quarter profit more than doubled and the forecast was raised on lower costs and higher volumes countered a drop in freight rates.
May 21, 2014ABF Executive Appointed to Commerce Department Supply Chain Committee
The Department of Commerce has appointed ABF Freight executive Jevon Jamieson to its Advisory Committee on Supply Chain Competitiveness.
May 21, 2014Sandberg Appointed to ATRI Board
Annette Sandberg, a former administrator of the Federal Motor Carrier Safety Administration, has been appointed to the board of directors for the American Transportation Research Institute.
May 21, 2014UPS to Open Logistics Center for Pratt & Whitney
UPS Inc. will open a 600,000-square-foot logistics center in New Hampshire for Pratt & Whitney, according to the aircraft parts manufacturer.
May 21, 2014April Truck Tonnage Jumps 4.8%
Truck tonnage jumped 4.8% in April from the same month last year, the biggest gain this year, American Trucking Associations said May 20.
May 20, 2014Pilot Flying J President Leaves Company
Pilot Flying J President Mark Hazelwood has left the company, which has not announced a successor to the executive who was in charge last year during a fuel-rebate investigation.
May 20, 2014Diesel Declines for Third Week, Falling 1.4¢ to $3.934 a Gallon
Diesel declined for the third consecutive week, slipping 1.4 cents to $3.934 a gallon, the Department of Energy reported May 19.
May 20, 2014Miami Port Unveils $900 Million Tunnel to Ease Truck Traffic
A $900 million underwater tunnel that will give trucks leaving the port of Miami faster access to highways was unveiled May 19, four years after construction began.
May 20, 2014LaHood Joins Infrastructure Investment Firm
Former Transportation Secretary Ray LaHood has taken a position as a senior adviser with Meridiam North America, an investment firm specializing in infrastructure.
May 20, 2014Verizon, J.J. Keller Partner to Create Fleet Management Device
Verizon Networkfleet and J.J. Keller said they have partnered to create a GPS-enabled fleet management device for regional and longhaul trucking.
May 20, 2014