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TNT Express Rebuffs UPS, but Talks Continue on Deal

UPS Inc. said late last week it was continuing talks to buy European package carrier TNT Express, after the Dutch company rebuffed a $6.5 billion bid, sparking speculation that a higher price and other bidders, such as FedEx Corp., could emerge.

February 27, 2012

Transport Modes Must Adapt Operations As Trade Patterns Evolve, Executives Say

By Neil Abt, News Editor

This story appears in the Jan. 30 print edition of Transport Topics.

January 30, 2012

FMCSA to Hold EOBR Listening Session at MATS

The Federal Motor Carrier Safety Administration will hear public comments at the Mid-America Trucking Show next month about the potential that drivers using electronic onboard recorders could be harassed by the carriers they drive for.

February 22, 2012

Maryland Gov. Wants to Apply 6% Sales Tax to All Fuel Purchases

Maryland Gov. Martin O’Malley (D) has sent the legislature his proposal for imposing the state’s 6% sales tax on all motor fuel purchases — a plan that based on today’s prices could add nearly $40 in taxes every time a trucker fills up.

February 21, 2012

Class 6-7 Vehicles Help For-Hire Fleets Diversify, Save, Squeeze Into Metro Areas

Class 8 tractors have long been the standard for U.S. for-hire carriers, yet for certain service lines, even the most venerable of heavy-duty fleets are now buying Class 6 and 7 trucks and sometimes even smaller cargo vans.

February 20, 2012

Improved LTL Pricing Can Increase Profits, Beat 3PL Competition, Execs Tell Conference

CORAL GABLES, Fla. — Less-than-truckload carriers need to improve their pricing discipline and sophistication to boost profits in a market where rate-driven, third-party logistics operators are playing a growing role, LTL executives said.

February 20, 2012

Leading Indicators Rise in December

An index of leading economic indicators rose in December for a third straight month, the New York-based Conference Board said Thursday.

February 17, 2012

Port of L.A. Container Volumes Rise in January

The Port of Los Angeles said Feb. 15 its import and export container volumes each rose more than 5% in January from a year ago.

February 16, 2012

New York Manufacturing Index Jumps

Manufacturing activity in the New York region expanded in February at the fastest rate since June 2010, the Federal Reserve Bank of New York said Wednesday.

February 15, 2012

UPS Acquires European Delivery Firm

UPS Inc. on Wednesday said it has acquired Kiala, a European company that provides delivery options to consumers purchasing goods over the Internet. Terms were not disclosed.

February 15, 2012