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Government, Business, TCA

Lawmakers Pushing Legislation to Save Union Pension Funds

A year ago, Teamsters Local 707 retirees suffered a fate that could soon hit hundreds of thousands of union workers: Their pension fund crashed.

Ginger Adams Otis | New York Daily News
January 23, 2018
Business, Logistics, TCA

E-Commerce Fuels Cargo Surge at Chicago Rockford International Airport

More than 1.3 billion pounds of cargo made its way through Chicago Rockford International Airport last year, a nearly 50% increase over 2016.

Isaac Guerrero | Rockford (Ill.) Register Star
January 22, 2018
Government, Technology, Equipment, Safety, Autonomous, TCA

Stripes on California Highway to Pave Way for Self-Driving Vehicles

While it likely will be several more years before autonomous vehicles are common on North State roads, Interstate 5 could be a step closer to accommodating the vehicles by this spring.

Damon Arthur | Redding (Calif.) Record Searchlight
January 22, 2018
Government, Business, Logistics, TCA

California Gas Tax Repeal Headed for Ballot as Money About to Flow for Road Repairs

People rolled through Rock Auto in El Cajon, Calif., in droves this month to sign a petition to overturn Gov. Jerry Brown’s so-called gas tax.

Joshua Emerson Smith | The San Diego Union-Tribune
January 22, 2018
Government, Business, Logistics, TCA

Trucking Industry Concerned About NAFTA Ending

President Donald Trump has pledged to rework trade deals so they benefit domestic workers, but current efforts have sparked concern among industry groups, including trucking.

January 22, 2018
Business, Fuel, TCA

Pilot Flying J Sales Executive Testifies He Complained to Firm’s President About Fraud

CHATTANOOGA, Tenn. - When former Pilot Flying J sales executive Dan Peyton learned a trucking company had been defrauded by his colleagues, he told jurors Jan. 18 he dialed up the truck stop giant’s then-president.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
January 19, 2018
Business, Technology, Equipment, Safety, Autonomous, TCA

San Francisco Self-Driving Car Startup Pony.ai Raises $112 Million

It’s a measure of the current frenzy surrounding self-driving cars that a year-old startup can haul in more than $100 million in its first fundraising round.

David R. Baker | Bloomberg News
January 18, 2018
Business, Logistics, TCA

Deep Freeze Slows Flights, Sorting at FedEx Express World Hub in Memphis

A deep freeze following snow Jan. 16 continued to disrupt FedEx’s world hub in Memphis on Jan. 17, causing potential delays in package deliveries.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
January 18, 2018
Business, TCA

North Dakota Town Rallies Around Trucking Company Lost to Fire

Not even a day after an early morning fire Jan. 16 consumed semi and farm trucks whole and left just a smoldering shell of the longtime Korsmo Brothers Farms and Trucking business, a makeshift office opened and the deliveries rolled on.

Janelle Vonasek | Grand Forks Herald
January 18, 2018
Business, Logistics, TCA

CSX Revenue Down, Earnings Up

CSX’s net earnings grew in the fourth quarter despite a drop in revenue. The Jacksonville,Fla.,-based railroad announced adjusted net earnings of $573 million or 64 cents a share for the fourth quarter, compared to $458 million and 49 cents for the same period of 2016.

Roger Bull | The Florida Times-Union (Jacksonville, Fla.)
January 17, 2018