Survey: Driver Shortage Explains Unseated Trucks
More than 90% of fleets had unseated trucks in the fourth quarter despite the capacity crunch the industry is facing, according to the Trends in Truckload Recruitment and Retention report, a nonscientific survey of recruiters at the fleet clients of Driver iQ.
January 5, 2018N.Y. Gov. Proposes Eliminating Toll Booths From State Thruway by 2020
New York Gov. Andrew Cuomo plans to eliminate toll booths from the State Thruway by 2020.
January 5, 2018US Trade Deficit Balloons to Widest in Almost Six Years
The U.S. trade deficit in November reached the highest level in almost six years as an increase in imports exceeded a gain in shipments overseas, Commerce Department data showed Jan. 5.
January 5, 2018XPO, DHL Back Tesla Semi
Logistics firms are joining trucking companies in checking out the potential for the Tesla Semi, with at least two testing prototypes of the electric truck.
January 4, 2018Hong Kong Set to Lose Spot Among Top Five Container Ports in 2018
Hong Kong is poised to lose its ranking as the world’s fifth-busiest container port if cargo-handling trends continue.
January 4, 2018Here’s How the Winter Deep Freeze Will Affect the US Economy
A winter storm sweeping the U.S. East Coast after a week of very low temperatures is probably boosting demand for boots and mittens — and thanks in part to its timing, it shouldn’t chill economic data more broadly.
January 4, 2018Airfreight Prices From Europe Skyrocket in December
Airfreight rates between Europe and the United States surged in the final two months of 2017, hitting unprecedented levels in advance of the traditional volume spike from Asia that precedes the Chinese New Year in mid-February.
January 3, 2018Missouri Gas Tax Increase May Land on Ballot After Task Force Report
A panel set up by Missouri lawmakers wants Missouri voters to raise the state’s gasoline tax by a dime per gallon to help maintain one of the nation’s most extensive highway networks.
January 3, 2018Private Equity Group Acquires Redwood Logistics, Will Merge With Simplified Logistics
Private equity group CI Capital Partners acquired a majority interest in Redwood Logistics, one of the top freight brokers in the United States.
January 3, 2018Glass Hauler Belmont Joins Smokey Point Distributing
Specialized glass hauler Belmont Enterprises has joined Smokey Point Distributing, a flatbed and heavy specialized carrier that is part of the Daseke Inc. group of companies.
January 3, 2018