Teamsters Strike FedEx Freight Terminal
The Teamsters called a strike at a FedEx Freight terminal in the Los Angeles area, but the company said disruption to customers was “effectively minimized.”
November 12, 2015Freight Shipments Decline to Lowest October Level In Four Years, Cass Index Shows
Freight shipments declined last month to the lowest October level in four years, the Cass Information Systems index showed, including a 4.7% drop from September and a 5.3% decline from October of last year.
November 12, 2015Kroger Offers $800 Million for Roundy’s Grocery Chain
The Kroger Co., the nation’s largest food retailer, is buying another regional grocery chain.
November 12, 2015Intermodal Rail Traffic Declines for Third Consecutive Week
Weekly U.S. intermodal rail traffic declined for the third consecutive week from the same period last year, according to the Association of American Railroads.
November 12, 2015Deutsche Post Profit Plunges 71% on Software-Project Costs
Deutsche Post AG’s third-quarter profit plunged 71% after the German delivery company booked 345 million euros ($372 million) in costs from a failed software project. The shares dropped the most in 2 1/2 months.
November 12, 2015Applications for Jobless Benefits Unchanged Last Week
Applications for unemployment benefits were unchanged in the first week of November, signaling employers with a healthier appetite for hiring are also holding the line on firings.
November 12, 2015Werner Enterprises Raises Owner-Operator Pay
Werner Enterprises Inc. announced a pay increase of 8 cents per mile for its solo van owner-operators who run nationwide routes that provides an increase of about $10,000 in gross revenue annually.
November 10, 2015Senate Votes to Kick Off Negotiations with House on Highway Bill
The Senate on Nov. 10 agreed to officially start finalizing a multiyear highway bill with House lawmakers.
November 10, 2015N.Y. Thruway Tolls Won’t Rise in 2016, but Trucking Fears Future Increases
New York drivers won’t pay more to use the state’s Thruway in 2016, the sixth straight year without an increase.
November 10, 2015Carriers' Safety Ratings Improve if Nonpreventable Crashes Are Removed, ATRI Study Shows
Eliminating nonpreventable accidents from a sample of 15 motor carriers' Compliance, Safety, Accountability safety measurement scores caused significant positive changes in majority of the carriers’ Crash BASIC percentile scores, according to a new study by the American Transportation Research Institute.
November 10, 2015