President Donald Trump is considering waiving the requirement that only U.S.-flagged vessels can move goods from American ports to Puerto Rico or energy-starved areas of the Northeast, according to sources familiar with the deliberations.
April 24, 2019Extras
Trump Said to Consider Waiving US Ship Mandate for Natural Gas
ATRI Calls for Operational Cost Data From Fleets
The American Transportation Research Institute is looking for for-hire motor carriers to participate in the annual update to its Operational Costs of Trucking report.
April 24, 2019Perspective: The Time Is Now for Blockchain in Transportation
In the transport and logistics sector, skepticism about blockchain remains, which means it’s important to note the advantages of blockchain but also clear up some possible misconceptions, says John Monarch of ShipChain.
UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary
UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.
ATA For-Hire Truck Tonnage Index Slips in March
American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index in March declined 2.3% after decreasing 1.5% in February.
Kohl’s Surges on Deal to Expand Amazon Ties in Return Policy
Kohl’s Corp. shares jumped the most in almost four months after the company said it will begin accepting returns for Amazon.com customers at all of its stores starting in July, expanding a program it started in 2017.
Alphabet’s Drone Delivery Business Cleared for Takeoff by FAA
An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual customers.
Cameron Ramsdell to Lead Newly Formed U.S. Xpress Ventures
U.S. Xpress Enterprises Inc. announced it established U.S. Xpress Ventures, a business unit focused on developing and implementing new asset-based business models and technology strategies within the company. It named Cameron Ramsdell president of the new unit.
April 23, 2019Celadon Sells Logistics Group, Hopes for Financial Reporting in Fall
Celadon Group Inc. is selling its Celadon Logistics brokerage and third-party logistics subsidiary in a $60 million deal that helps advance the Indianapolis-based company’s plan to shore up its business in the wake of accounting troubles that date back several years.
Heartland Express Continues to Post Profit Improvement
Heartland Express Inc. reported another quarter of profit improvement despite a weakening freight environment and bad weather in the first quarter of 2019.