FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.
June 25, 2019Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
UPS Seeks FMCSA Exemption From 2020 Driving Instructor Requirements
UPS Inc. has requested an exemption from a federal regulatory requirement that its driver training instructors have two years’ minimum experience as trainers and have held a commercial driver license for at least two years, the Federal Motor Carrier Safety Administration announced June 19.
June 19, 2019FedEx Shares Slide as China Opens Probe Over Huawei Deliveries
FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.
June 3, 2019Diesel Inches Higher to $3.163 a Gallon
The U.S. average retail price of diesel rose 0.3 cent to $3.163 a gallon, the Department of Energy reported, while crude climbed to $63.14, the highest level in almost three weeks amid opposing supply-and-demand signals.
May 20, 2019Smooth Cross-Border Operations Hinge on Trade Agreement
SCOTTSDALE, Ariz. — Ratification of the United States-Mexico-Canada Agreement, which is the proposed replacement for the North American Free Trade Agreement, is critical to uninterrupted, timely border crossings, trucking executives said here during American Trucking Associations’ Mid-Year Management Meeting.
May 8, 2019Celadon to Pay $42.2 Million After Admitting to Accounting Fraud
Celadon Group Inc. has agreed to pay $42.2 million to settle a federal investigation into allegations that a prior management team and a subsidiary company filed false and misleading statements to investors regarding tractors and trailers leased to owner-operators.
April 25, 2019Three Former Roadrunner Executives Charged With Fraud
The Securities and Exchange Commission has formally charged the former chief financial officer and two of his associates at Roadrunner Transportation Systems with accounting fraud and misleading investors about the company’s financial results.
April 4, 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, 2019Tennessee Panel OKs $10 Million for FedEx Project in Memphis
NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.
March 11, 2019Federal Framework on Autonomous Vehicles Policy Essential, UPS Executive Says
WASHINGTON — Nationwide policy for autonomous cars and trucks has the potential of facilitating the flow of freight while improving safety, according to a senior executive at UPS Inc. on Feb. 12.
February 13, 2019