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Opinion: Does the $75,000 Broker Bond Make Sense?

Brokers, freight forwarders and nonvessel operating common carriers, or NVOCC, are required by federal law to carry a surety bond in the event they fail to pay the carrier that performs the move on the shipments they broker. On Dec. 1, 2013, the $75,000 broker bond went into effect — up from the previous bond requirement of $10,000.

February 20, 2017

Editorial: Young Minds, New Roads

Coming soon to a theater near you: How to build roads and bridges. The American Society of Civil Engineers last week screened a documentary titled, “Dream Big: Engineering Our World,” which spotlights efforts to encourage young people to pursue careers in engineering. Included in that mix are bridge and road design, fields that — if recent data are any indication — will require expertise for years to come.

February 20, 2017

Q&A: How Trump Might Try to Fix Bridges and Highways

It’s one point of agreement in a politically polarized government: U.S. highways, bridges and airports are in need of repair and rehabilitation.

February 17, 2017

What Refashioning an Iconic '90s Trade Deal May Look Like

While U.S. President Donald Trump has forced the idea of renegotiating the North American Free Trade Agreement,  some experts agree that an upgrade is welcome for the pact that took effect in 1994 — the year pop idol Justin Bieber was born and the movie “Forrest Gump” was released.

February 17, 2017

Long-Term Funding Plan, Freight Connectivity Top AASHTO’s Agenda

Establishing a long-term funding plan for highway projects, and enhancing access for commercial vehicles along freight corridors are among the top policy priorities this year for the association representing the states’ departments of transportation.

February 17, 2017

Coalition Rallies to Promote States’ Infrastructure Priorities

Groups representing business executives, manufacturers and private investors joined forces this month to draw attention to the hundreds of infrastructure projects governors would like the Trump administration to fund in a long-term plan.

February 20, 2017

Pilot Informant Seeks Whistleblower Status From Supreme Court in Rebate Fraud Scam

A stockbroker turned FBI informant who tipped off investigators to the Pilot Flying J fraudulent diesel rebate scheme has asked the U.S. Supreme Court to grant him whistleblower status.

February 20, 2017

XPO’s Jacobs Sees E-Commerce as Key to Robust Growth in 2017

KEY BISCAYNE, Fla. — XPO Logistics Inc. CEO Brad Jacobs won’t rest on turning a profit with a company that lost money as recently as 2015, telling Transport Topics that he’ll “double down” on growing on the e-commerce wave through contract logistics, less-than-truckload and last-mile delivery services.

February 20, 2017

Freight Executives Urge Caution on Trade

WASHINGTON — A disruption of trade agreements with Mexico has the potential of hindering the country’s flow of products with its southern neighbor, freight executives told a Senate panel Feb. 15.

February 16, 2017

New Year, Same Story for US Growth Driven by Consumers

Busy storefronts and an inflation pickup show the world’s largest economy is starting 2017 much the same way it ended 2016: driven by the consumer.

February 16, 2017