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Senators Criticize Infrastructure Bank Proposal
Several U.S. senators have criticized the Obama administration’s plan to use $4 billion to create a new national infrastructure bank to help finance transportation projects, questioning how the bank would operate and whether rural projects would lose funding to larger urban areas.
March 9, 2010Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Ryder Enters Asian Logistics Partnership
Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.
March 1, 2010Mullen’s Fourth-Quarter Income Improves
Canadian transportation firm Mullen Group said its fourth-quarter profit grew 56.3% to C$11.1 million or 14 cents per share, from C$7.1 million, or 9 cents per share, a year ago.
February 25, 2010Opinion: Medical Exam Changes to Affect Carriers
The final rule for the Federal Motor Carrier Safety Administration’s National Registry of Certified Medical Examiners is expected late this summer and is causing concern about rising prices and availability among drivers and motor carriers.
February 19, 2010Dupré, GreenRoad in Partnership to Enhance Driver Performance
Dupré Logistics created a partnership with GreenRoad, a driver behavioral analysis firm, to enhance the logistics operator’s safety program.
February 19, 2010Transportation Firms Must Improve Recruiting to Satisfy Customers’ Desires, Leaders Say
The transportation and logistics industries must do a better job of recruiting employees and upgrading the skills of current workers to meet the increasing needs of shippers, said several leaders in those industries.
February 22, 2010Pacer Posts 4Q Profit
Transportation and third-party logistics firm Pacer International said its fourth-quarter profit grew to $10 million, or 10 cents per share, compared with a $64 million loss, or $1.83 cents, a year earlier.
February 17, 2010DOT Budget Proposes $4 Billion for New Infrastructure Bank
The Obama administration last week proposed a $4 billion “down payment” on a national infrastructure bank to supplement traditional highway funding, as part of its $78.8 billion budget proposal for the Department of Transportation.
February 8, 2010Opinion: Truck Driver Training: The Reality
We almost made it through 2009 without another national news exposé of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.
February 4, 2010C.H. Robinson’s 4Q Profit Declines
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.
February 2, 2010