Attorneys for Penske Logistics said they plan to ask the U.S. Supreme Court to review an appellate court’s decision upholding a California law requiring employers to provide a paid 30-minute meal break for employees working more than five hours.
September 17, 2014Search
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XPO Says $700 Million Funding Will Speed Acquisitions
XPO Logistics Inc. said three investors have agreed to a $700 million infusion of equity that will enable the company to accelerate its revenue and profitability growth plans.
September 12, 2014Truckers Face Lengthy Detours After Floods Close Stretch of I-15
Nearly 50 miles of Interstate 15, a critical western freight artery, was closed last week after floods severely damaged the highway north of Las Vegas, forcing thousands of truckers to take costly detours from Southern California to Montana.
September 15, 2014Weekly Intermodal Traffic Rises 4.5%
U.S. rail intermodal traffic increased 4.5% in the week ended Sept. 6 compared with the same week last year, the Association of American Railroads reported.
September 12, 2014Hub Group Switches Drivers to Employee Status
Hub Group Inc. has decided to voluntarily make drayage drivers in California into employees, taking a different stance from other fleets that continue to insist that intermodal truckers are independent contractors.
September 10, 2014Three Ocean Carriers Plan New Alliance
France’s CMA CGM, the world’s third-largest container shipping company, has signed an equipment sharing alliance with China Shipping Container Line and United Arab Shipping as carriers continue to seek new partners.
September 9, 2014Swift Execs Skip Conference as Phoenix Floods
Executives from Swift Transportation Co., scheduled to make a presentation at a Las Vegas conference, were forced to cancel due to record floods in Phoenix, where the company is based.
September 9, 2014Seattle Taps Ex-Polar Executive to Head Port
Ted Fick, former CEO of trailer maker Polar Corp., has been selected as CEO at the Port of Seattle to replace Tai Yoshitani, who is retiring at the end of this month.
September 5, 2014UTi’s Fiscal Second-Quarter Loss Widens
UTi Worldwide Inc. reported its second-quarter fiscal loss increased to $16.9 million, or 19 cents per share, from $4.4 million, or 4 cents per share, the prior year.
September 4, 2014Intermodal Rail Volume Rises 4.3% in August
Intermodal rail volume for August rose 4.3% compared with the same time last year, the Association of American Railroads reported.
September 5, 2014