DALLAS — Aviation experts expressed doubt March 13 that turbulence could have caused the deadly February crash of an Atlas Air cargo plane carrying Amazon packages in Texas, suspecting human error or a massive malfunction as more likely culprits.
March 14, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
‘Bomb Cyclone’ Wreaks Havoc on Roads, Barrels Toward Midwest
LONGMONT, Colo. — National Guard troops used specialized vehicles with tank-like treads to rescue stranded drivers in Colorado in the wake of a massive late-winter storm that unleashed heavy rain and snow on parts of the Midwest early March 14.
March 14, 2019New 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, 2019Opinion: Multiple Strategies Can Mitigate Driver Shortage
While the demand for trucks to haul freight is showing no signs of slowing down, the number of experienced and available truck drivers is not keeping pace.
March 12, 2019Daseke Extends Run of 70% Revenue Growth to Five Straight Quarters
Daseke Inc. reported March 9 that fourth-quarter revenue increased to $447 million from $257.2 million in the same period last year. The flatbed and specialized carrier said it represents the fifth consecutive quarter that year-over-year revenue growth has exceeded 70%.
March 12, 2019XPO Logistics Terminates COO Ken Wagers
XPO Logistics Inc. has terminated Chief Operating Officer Ken Wagers, a high-profile executive hired away from Amazon.com less than a year ago, according to an XPO filing with the Securities and Exchange Commission on March 11.
March 11, 2019Lack of Drivers, Demand Driving Prices Up
Household goods are getting pricier because the costs of moving those goods — from trucking to even maritime shipping — have been rising.
March 11, 2019Tesla to Raise Prices, Close Fewer Stores Than Announced
Tesla Inc. plans to raise average vehicle prices by about 3% globally after it decided to shut down fewer stores than it previously announced.
March 11, 2019States Step In to Fund Roads After Trump’s Plans Stall
Governors in at least 11 states, including Michigan, Ohio and Connecticut, are pushing for new taxes, bond sales and tolls to raise money for long-needed work on roads, bridges and transit systems after President Donald Trump failed to enact a major infrastructure plan.
March 11, 2019Fighting Fakes Was a Big Reason Behind Amazon’s Big Vendor Purge
Amazon.com on March 9 hinted that fighting counterfeits was a reason for its sudden and unexplained purge of thousands of vendors that sowed panic among longtime suppliers.
March 11, 2019