The Securities and Exchange Commission has formally charged the former chief financial officer and two of his associates at Roadrunner Transportation Systems with accounting fraud and misleading investors about the company’s financial results.
April 4, 2019Search
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New England Motor Freight Increases Severance Packages for Employees
About 2,500 workers will get additional severance pay from New England Motor Freight, a New Jersey-based carrier that declared bankruptcy in February, according to an attorney representing terminated employees.
March 14, 2019Tennessee Panel OKs $10 Million for FedEx Project in Memphis
NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.
March 11, 2019Federal Framework on Autonomous Vehicles Policy Essential, UPS Executive Says
WASHINGTON — Nationwide policy for autonomous cars and trucks has the potential of facilitating the flow of freight while improving safety, according to a senior executive at UPS Inc. on Feb. 12.
February 13, 2019ELD Era Brings Fleets, Shippers Toward More Collaboration, Experts Say
The advent of ELDs is influencing how carriers and shippers work together to control costs, deploy capacity, design networks, offer and charge for services, make capital investments, recruit and assign drivers and leverage new technology.
January 30, 2019FedEx Express Agrees to Buy International Business From Israeli Firm
FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.
January 25, 2019Fleets Eye Camera Systems to Replace Mirrors
Camera monitor systems designed to replace a truck’s conventional side mirrors are getting favorÂable reviews from drivers, according to execÂutives at fleets that are testing the new technology, which also recently received a nod of approval from federal regulators.
January 25, 2019Trucking Industry Expected to See Slower Growth in 2019
After a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high, the trucking industry is expected to remain strong in 2019 but undergo a bit of a cool-down, economists say.
January 7, 2019FCC Evaluates Sharing Connected Vehicle Spectrum With Wi-Fi
The Federal Communications Commission is deciding whether further testing is needed to determine if communications between connected vehicles, including trucks, can share a slice of spectrum with Wi-Fi broadband services seeking to use it, too.
December 19, 2018Increase in Online Shopping Could Lead to Package Delays
Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.
November 19, 2018