The rise in freight being carried nationwide led to a rise in truck driver turnover in the first quarter as large trucking firms demanded more qualified drivers to transport goods.
June 8, 2018Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Driver Turnover Puts Pressure on Large Carriers
Trump Says He’ll Quit NAFTA If New Deal Can’t Be Reached
U.S. President Donald Trump is renewing his threat to quit NAFTA, after his economic adviser earlier this week said he wouldn’t.
June 8, 2018KLLM Announces Another Pay Increase for Drivers
KLLM Transport Services will institute another pay hike for company drivers, bringing the increase to 30% in just the past eight months, the Jackson, Miss.-based over-the road carrier announced.
June 8, 2018As Economy Heats Up, Truck Driver Shortage Burns More Companies
A strengthening economy has its downsides. Just ask United Natural Foods Inc.
June 8, 2018Institutional Funds Invest in GCT Global Container Terminals
IFM Investors and British Columbia Investment Management Corp. became equity investors in GCT Global Container Terminals Inc., an operator of four North American container terminals. IFM acquired a 37.5% holding, and BCI acquired a 25% stake. The value of the investments was not released. The purchases are subject to regulatory approvals.
June 8, 2018Roadcheck Focuses on Fatigued Truck Drivers
BRANDON, Iowa — Officer Chris Wicklund with the Iowa Department of Transportation’s Motor Vehicle Enforcement Agency peered into the red Kenworth’s engine, slid under the semitrailer on a mechanic’s creeper and checked the driver’s log book.
June 7, 2018Texas Planning Group Outlines Regional Freight Corridor
In Texas, Sherman-Denison Metropolitan Planning Organization officials expect to present the draft version of a regional freight corridor plan later this summer.
June 7, 2018Union Pacific, Switchman With Arthritic Knees Settle Discrimination Suit
Union Pacific and a former switchman at the railroad’s Grand Junction, Colo., rail yard have settled for an undisclosed amount his allegations that he was discriminated against because he has arthritic knees, the parties told Bloomberg on June 6.
June 6, 2018US, China Barter on Trade Gap as Tariff Deadline Nears
The United States and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the United States finalizing a deal to allow China’s ZTE Corp. to resume purchases from American suppliers.
June 6, 2018US Trade Gap Narrows to Seven-Month Low on Record Exports
The U.S. trade deficit narrowed to the lowest level since September as exports rose to a record, amid Trump administration tariffs and trade threats that risk hurting global commerce.
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