Forward Air Corp. is investing $4.3 million toward renovating a new office in Greeneville, Tennessee, which will add 105 new jobs over the next five years.
August 11, 2016Search
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Another 9,000 Trailers Recalled Due to Bendix Defect
The National Highway Traffic Safety Administration has issued a recall of more than 9,000 additional trailers because of a defect with the Bendix SR-5 spring brakes that the manufacturer believes could affect up to 194,410 trailers in total.
August 11, 2016Train Derails Into Iowa Trackside Tavern Called Derailed Bar
Police in Charles City, Iowa, say part of a freight train derailed and crashed into the side of a trackside tavern called the Derailed Bar.
August 9, 2016June Trailer Orders Plunge 50%
U.S. trailer orders in June sank about 50% from especially robust volumes a year earlier, as the stagnant freight market also prompted a spike in cancellations and a sharp decline in backlog, analysts said.
August 8, 2016TT Wins National Award From ASBPE
Transport Topics won the bronze prize of the 2016 Azbee Awards of Excellence from the American Society of Business Publication Editors.
August 8, 2016Port of Virginia Readies to Take on Savannah
HAMPTON ROADS, Va. — The Port of Virginia is expanding within the next five years in an effort to attract larger vessels traveling through the Panama Canal, according to a presentation during an Aug. 3 sightseeing visit for Congressional staffers and the media.
August 4, 2016Deutsche Post Profit Rises Fastest Since Late 2011 on Parcels
Deutsche Post AG’s quarterly profit jumped at the fastest pace in 4 1/2 years after prices increased and deliveries on behalf of internet-based retailers rose. The stock gained to an eight-month high.
August 4, 2016North American Intermodal Freight Declines for First Time Since 2009
Intermodal freight shipments fell 6.1% in the second quarter, ending 25 consecutive year-over-year increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.
August 3, 2016XPO Logistics Earns $42.6 Million, First-Ever Profit
XPO Logistics Inc. posted its first-ever profit, earning $42.6 million, or 35 cents per share, as results improved in the less-than-truckload and last-mile services as well as European logistics activity.
August 4, 2016NTDC 2016 State-by-State List of Competitors
The 79th annual National Truck Driving Championships and eighth annual National Step Van Driving Championships will be held Aug. 10-13 at the Indiana Convention Center in Indianapolis. Here is a list of drivers entered, sorted by the state from which they are competing.
August 10, 2016