Future advancements in the trucking industry will be at the forefront of the Technology & Maintenance Council’s 2018 Annual Meeting and Transportation Technology Exhibition set for early next month.
February 9, 2018Search
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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.
Maersk Drops as Company Misses Estimates After an ‘Unusual’ Year
A.P. Moller-Maersk A/S fell short of earnings expectations last year but promised its shareholders that profit at the world’s biggest shipping company will grow as much as 43% in 2018.
February 9, 2018Analysis: The US Is Running Out of Truckers
Without enough trucks and drivers on the road, some combination of things is going to happen: Shipments will be delayed, and producers will have to pay higher prices to get goods to market.
February 9, 2018Fulfillment Centers Moving Closer to Consumers
The growth in e-commerce is driving up demand for smaller industrial spaces nearer to cities so fulfillment firms can quickly get their products to customers, but it remains to be seen if fulfillment centers will start operating in suburban neighborhoods.
February 8, 2018Echo Global Logistics Revenues Surge 34.6%
Echo Global Logistics revenues surged 34.6% and profits beat analysts’ expectations by a large margin in the three months ended Dec. 31.
February 7, 2018Old Dominion Freight Line Helps MLB Teams Move
Continuing its partnership with the league and MLB teams across the country, Old Dominion Freight Line, along with fans and players, celebrated the beginning of a new season during the traditional spring training send-off known as Moving Day, according to a release.
February 7, 2018UPS Gets $2.4 Million in Incentives for $41 Million Expansion Project in Texas
UPS Inc. wants to build a $41 million expansion to its El Paso, Texas, facility, and it plans to do so with more than $2 million in incentives from the city and the county.
February 7, 2018Survey: US Manufacturers Say Autonomous Trucks Could Cut Costs
Manufacturers could save nearly 30% of their total transportation costs through 2040 if autonomous, longhaul trucking is aggressively adopted, according to an analysis of a new survey of U.S. manufacturers by PwC and the Manufacturing Institute.
February 6, 2018Amtrak Crash Adds to CSX’s Rising Accident Toll
A fatal crash of Amtrak and CSX Inc. trains Feb. 4 raises concerns about whether the freight railroad’s massive operations overhaul might have compromised safety and contributed to a rise in accidents.
February 5, 2018BNSF Joins Group Aiming to Use Blockchain in Freight
BNSF Railway, which is owned by Warren Buffett’s Berkshire Hathaway Inc., said Feb. 5 that it has joined the Blockchain in Transport Alliance, a group of more than 200 freight and logistics companies that are exploring how to use the digital-ledger technology in their industry.
February 5, 2018