AURORA, Colo. — As land around the nation’s congested seaports gets more expensive, executives at AAPA's annual convention said a viable option is to develop inland ports.
October 25, 2023Search
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House Transportation Lawmakers Spotlight Highway Trust Fund
Transportation leaders in the U.S. House of Representatives recently raised awareness about the funding needs of an account central to highway projects.
October 25, 2023Republican Mike Johnson Elected Speaker of the House
WASHINGTON — Republicans eagerly elected Rep. Mike Johnson as House speaker on Oct. 25, elevating a deeply conservative but lesser-known leader to the seat of U.S. power and ending for now the political chaos in their majority.
October 25, 2023Congestion Cost Trucking a Record $94.6 Billion in 2021
Snarled traffic added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according to a study by the American Transportation Research Institute.
October 25, 2023Former Employees Looking to Buy Convoy, Report Says
Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.
October 25, 2023FBI Analyst Stresses Trucking Cybersecurity Importance
HOUSTON — An FBI cyberintelligence specialist stressed the importance of trucking cybersecurity to the health of the economy during an Oct. 23 presentation.Â
October 25, 2023Norfolk Southern Profit Falls as Derailment Costs Grow
OMAHA, Neb. — The costs related to the East Palestine derailment grew to $966 million for Norfolk Southern. The railroad said Q3 profit of $478 million was half of last year’s $958 million.
October 25, 2023Honda Halts Plans With GM to Develop Smaller EVs
Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, CEO Toshihiro Mibe said.
October 25, 2023Paccar Records 60% Rise in Q3 Net Income
Paccar Inc. posted a 60% jump in third-quarter earnings as parts margins rose and truck sales increased, easily surpassing analyst expectations.
October 24, 2023CN Railway Misses Estimates as Consumer Goods Shipments Drop
Canadian National Railway Co. spelled out a challenging picture for the economy as earnings fell short of expectations in the third quarter, partly due to falling demand for consumer goods.
October 24, 2023