Optimism Grows for 2011 as Freight Indexes Rise
A combination of upbeat reports in three recent freight indexes and record-setting 2010 port freight volumes are signaling stronger business levels as 2011 unfolds.
January 24, 2011ABF Fights Concessions Given by Union to YRC
ABF Freight System launched a two-pronged offensive against Teamsters union labor concessions for YRC Worldwide, saying the breaks for YRC violate the terms of the National Master Freight Agreement and unfairly disadvantage ABF to the tune of $750 million.
November 8, 2010Freight Forwarders Admit to Price Fixing
Six international freight forwarders have agreed to plead guilty and pay $50.3 million in fines in relation to a price-fixing investigation, federal officials said.
October 1, 2010Senators Introduce Bill Targeting Fraud Within the Freight Brokerage Business
A pair of U.S. senators introduced legislation last week aimed at curbing fraud by unscrupulous freight brokers.
June 21, 2010DOT Freight Index Sees First Year-to-Year Gain Since 2008
The Department of Transportation’s freight transportation services index rose 2.6% in March from a year ago, marking the first such increase since July 2008.
May 12, 2010Penske Orders 750 Freightliner SCR Trucks
Penske Truck Leasing has ordered 750 Freightliner Cascadia trucks with selective catalytic reduction technology, making the manufacturer the majority supplier of 2010 tractors to Penske, Freightliner said.
May 3, 2010