Ed Hamberger, CEO of Association of American Railroads, talks with TT's Eugene Mulero about his industry's interest in improving infrastructure and funding plans for it, as well as the relationship between the freight rail and trucking industries.
April 26, 2017Search
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Distracted Driving, Industry Regulations Top ATRI’s Research Priorities
Efforts that would minimize distracted driving and evaluate the impact of regulations on the trucking industry are high on the list of research priorities this year for the American Transportation Research Institute, the group announced May 2.
May 2, 2017Opinion: More Mergers and Acquisitions for Truckers
The recent announcement that Knight Transportation and Swift Transportation are merging is a much bigger and industry-changing event than realized. It comes on the heels of another major development: the public offering by Schneider. In three years, these two deals will be viewed as having set in motion a number of mergers and acquisitions at a pace never witnessed before in the truckload and intermodal industry.
May 1, 2017Allen Lund Co. Forms Joint Venture, TransKool Solutions
Allen Lund Co. has formed a joint venture with Santos International called TransKool Solutions, which will operate a temperature-controlled warehouse in McAllen, Texas, and offer brokerage services to transport produce and other refrigerated goods from Mexico to the United States and Canada.
April 28, 2017Paper Checks Still Common in Trucking; Move Underway to Migrate to E-Payments
Many trucking and third-party logistics companies still write checks to pay their invoices, but efforts are underway to transition from pen and paper to point-and-click e-payments. If successful, it would shift decades-old business patterns ingrained in the industry.
May 1, 2017American Consumers' Economic Expectations Strongest Since 2001
Consumer confidence rebounded last week as Americans became the most upbeat about the economy since 2001, the Bloomberg Consumer Comfort Index figures showed April 27.
April 27, 2017Platinum Equity to Buy American Traffic Solutions
Platinum Equity has agreed to buy American Traffic Solutions, a company that provides red-light and speed safety cameras along with automated toll-payment and violation-management systems in the United States and Canada.
April 24, 2017Editorial: Saving the Planet? It’s on Us
While President Donald Trump is calling for reversals of some environmental regulations, it’s important to note what isn’t changing. And that is the commitment that freight carriers, truck makers and even some shippers, such as Wal-Mart Stores Inc., are making to reduce harmful greenhouse gas emissions.
April 24, 2017Kansas City Southern Profits Up Despite Mexican Peso Depreciation
Kansas City Southern reported profits rose 36% in the first quarter, although the gains were lowered to a 12% increase after applying the exchange rate between the Mexican peso and the U.S. dollar.
April 21, 2017Opinion: Solutions to Help Eliminate Late Payments
There is nothing fun about not getting paid for the loads you have hauled. But unfortunately, every small trucking company and owner-operator will encounter clients who sometimes take 45 to 60 days — or longer — to pay.
April 24, 2017