Ontario, California’s legal team vows that hundreds of abandoned shipping containers, illegally stored at four industrial yards in the agricultural southern part of town, will be gone by the end of the year.
January 31, 2017Search
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Canadian Pacific's Wallace Takes Leave, Could Join Harrison Atop CSX
Mark Wallace, chief of staff at Canadian Pacific Railway Ltd., was put on a paid leave of absence on Jan. 27, prompting more speculation that Wallace and outgoing CEO Hunter Harrison will attempt to take over the reins at rival railroad CSX Corp. through private investor Paul Hilal of Mantle Ridge.
January 27, 2017Editorial: Trump’s Course and Trucking
President Trump is charting a new course for the nation. We don’t know where it will ultimately lead us, but during his short tenure the business community has been served notice that things are changing.
January 30, 2017Opinion: ATA Intends to Build on 2016 Successes
The new year often brings changes. And rarely has that been as true as this year, as we have just inaugurated a new president who appears poised to change Washington. It’s also a time of renewed focus, to reflect on where we are and look forward and position for success.
January 30, 2017Consumer Sentiment Increased in January to 13-Year High
Consumer confidence rose in January to a 13-year high, reflecting ongoing optimism about post-election fiscal policies and their impact on economic growth.
January 27, 2017Swift Profits Plummet 30%, Revenues Fall in Three of Four Divisions
Swift Transportation profits plunged 30% in the fourth quarter following drops in revenue in every division except for the dedicated contract carriage.
January 26, 2017CSX Investors Are All Ears for Harrison Pitch to Run Carrier
If most CSX Corp. investors are like Sandy Pomeroy and T.J. McConville, Hunter Harrison will probably have a fourth railroad to run.
January 25, 2017Trailer Orders End 2016 on Strong Note, Climbing Above 34,000
Net trailer orders in December were the second-highest of the year, and improved year-over-year as well, but 2016 remained significantly weaker than 2015, ACT Research said.
January 23, 2017TFI International Expands Into Last-Mile Medical Delivery With Acquisition
TFI International (formerly TransForce Inc.) acquired the ground transportation business of World Courier in the United States from pharmaceutical distributor AmerisourceBergen Corp.
January 23, 2017Hyundai Merchant Marine to Buy Minority Stake in Total Terminals International
Hyundai Merchant Marine will buy a 20% stake in Total Terminals International, agreeing to a $15.6 million deal with Mediterranean Shipping Co. on Jan. 19, one day after a U.S. bankruptcy court approved MSC’s purchase from the bankrupt Hanjin Shipping Co.
January 20, 2017