The market for third-party logistics services continues to expand and evolve in response to market demands and a changing competitive landscape.
April 2, 2017Search
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Grupo Mexico to Buy Florida East Coast Railway for $2.1 Billion
Mexican miner Grupo Mexico said on March 28 it had acquired Florida East Coast Railway for $2.1 billion, a rare acquisition that comes as U.S. President Donald Trump has been trying to renegotiate trade ties between the two countries.
March 28, 2017Consumer Confidence Rises to Highest Since December 2000
Consumer confidence jumped in March to the highest level in more than 16 years, as Americans grew increasingly upbeat about both present and future conditions, according to a report March 28 from the New York-based Conference Board.
March 28, 2017Robots Are Slashing Wages and Worsening Pay Inequality
Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances.
March 28, 2017Opinion: Regulation Rollback: Will Safety Suffer?
Throughout Donald Trump’s campaign for president, slashing regulations was a core theme. Many of President Trump’s Cabinet nominees are long-standing opponents of a heavily regulated business environment. I welcome this time to catch our breath. The rate of regulatory change in the trucking industry has been too rapid for many businesses to keep pace.
March 27, 2017Tonnage Down 2.8% in February From Year Ago
Truck tonnage dropped 2.8% in February year-over-year, reversing January’s positive momentum, but American Trucking Associations’ chief economist maintains that freight activity remained strong considering February 2016 was a record-setting month.
March 27, 2017Truckload Driver Pay Inches Up in 4th Quarter
Salaries for truckload drivers rose at the low rate of 0.04 point in the fourth quarter year-over-year, according to the latest National Transportation Institute index (or 0.03% on a preliminary basis), the slowest in 2016.
March 20, 2017Letters: Entry-Level Driver Training, Cost Containment
Readers discuss the regulatory side of entry-level driver training and the best way to maximize profit is containing costs.
March 20, 2017Editorial: A Useful Discussion on Safety
Last week, we cheered the apparent demise of a federal regulatory provision regarding hours of service. Now we’d like to salute a positive development: a recent discussion on truck safety before a Senate subcommittee.
March 20, 2017Interstate Acquires American Red Ball World Wide Movers
Interstate Group Holdings, the Springfield, Virginia-based parent of Interstate Van Lines, has acquired Indianapolis-based American Red Ball World Wide Movers, one of the oldest movers of household goods in the United States.
March 14, 2017