Roadrunner Transportation Systems reported a net loss of $91.2 million for full-year 2017 compared with a loss of $360.3 million in 2016. The diluted loss per share was $2.37 for 2017 compared with a diluted loss per share of $9.40 for 2016.
June 22, 2018Search
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UPS, Teamsters Reach Tentative Deal on Five-Year Contract
More than five weeks before its contract with UPS expires Aug. 1, the International Brotherhood of Teamsters and the Atlanta-based shipping giant announced late June 21 tentative agreement on a five-year contract that industry officials say could pave the way for UPS to begin Sunday delivery service.
June 22, 2018Lehigh Valley Planners Target Tractor-Trailer Parking as E-Commerce Surges
While the growing presence of tractor-trailers has been a complaint of Lehigh Valley, Pa., residents in recent years, local planners are concerned with the one place they’re not seeing them — designated truck parking spots.
June 22, 2018Editorial: Hot Topics for Summer’s Swelter
A bill introduced in the U.S. House of Representatives would provide relief for truckers from some hours-of-service rules. With it, both houses of Congress are now circulating legislation that targets change to HOS regulations, adding to a flurry of trucking-related activity taking place on Capitol Hill.
June 21, 2018FedEx, UPS Say Local Sick-Pay Laws Don’t Apply to Them
Fed up with state and local laws that require private employers to offer paid sick days, the airlines and railroads have filed suit, claiming that the interstate nature of their businesses should make them exempt.
June 21, 2018Carriers Led Logistics Industry Higher in 2017, Report Says
The logistics supply chain had a strong 2017 with a healthy economy revving up demand that led to tight capacity that gave carriers the authority to raise prices with shippers, according to the 29th Annual Council of Supply Chain Management Professionals State of Logistics Report.
June 21, 2018Ambassador Bridge Owner Manuel Moroun Asks Trump to Halt Gordie Howe Bridge Project
After fighting unsuccessfully for years in court and at the ballot box to prevent construction of the Gordie Howe International Bridge, the owners of the Ambassador Bridge are turning to President Donald Trump for help.
June 21, 2018US Firms Weigh Higher Freight Bills Now Against Paying Tariffs Later
New tariffs on imports from China may leave American companies with a choice — pay a higher freight bill now or pay the tariffs starting soon.
June 21, 2018Drivers Overcome Web of Regulations to Deliver Holiday Fireworks
Although they drive trucks only one to six times a year, drivers for American Pyrotechnics Association members face unique challenges related to federal transportation safety regulation.
June 20, 2018Penske Logistics to Buy Epes Transport
Penske Logistics will acquire Epes Transport System, a Greensboro, N.C., dry-van truckload and dedicated contract carriage provider, with more than 1,100 drivers. Terms were not disclosed.
June 20, 2018