OMAHA, Neb. Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.
August 13, 2021Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Chinas Port Shutdown Raises Fears of Closures Worldwide
A COVID outbreak that has partially shut one of the worlds busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last years shipping nightmares.
August 13, 2021Senate Confirms NTSB Chairwoman Jennifer 窪蹋勛圖厙ndy
Jennifer 窪蹋勛圖厙ndy was recently confirmed by the U.S. Senate to become the National Transportation Safety Boards chairwoman.
August 12, 2021FMCSA Asks 14,000 Medical Examiners to Post Missing Results
Six months after a critical DOT inspector general audit, federal regulators are asking an estimated 14,000 medical examiners to submit the missing results of truck driver exams they conducted during the seven months the National Registry was offline.
August 12, 2021Biden Team Seeks Ways to Address Rising Energy Prices
WASHINGTON President Joe Bidens administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nations recovery from the pandemic-induced recession.
August 12, 2021Jobless Claims Near Pandemic Low as Economy Strengthens
WASHINGTON The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in consumer demand.
August 12, 2021Lawsuit Could Delay Replacement for Aging Postal Fleet
The delivery of new USPS trucks set for 2023 could be delayed.
August 12, 2021Wholesale Prices Rise in July
WASHINGTON Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow.
August 12, 2021IEA Cuts Oil Demand Outlook on Virus
The International Energy Agency cut forecasts for global oil demand sharply for the rest of this year as the resurgent pandemic hits major consumers, and predicted a new surplus in 2022.
August 12, 2021Consumer Prices Rose in July but at Slower Pace
WASHINGTON Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nations households.
August 11, 2021