The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.
January 31, 2025Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Panamaās President Rejects US Canal Negotiations
āItās impossible, I canāt negotiate,ā Mulino said when asked about returning the canal to U.S. control. āThat is done. The canal belongs to Panama.ā
January 30, 2025Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but heās still considering whether to include oil from those countries as part of his import taxes.
January 30, 2025Federal Drug Officials Authorize Testing for Fentanyl
The action clears a path for the Department of Transportation and other federal agencies to begin fentanyl testing for federally regulated occupations like truck drivers.
January 30, 2025Tesla Completes Wall, Roof Construction at Semi Factory
Teslaās previously announced production timeline for the Semi remains on schedule, with the first tractors expected to be built by the end of the year and manufacturing ramping up in 2026.
January 30, 2025House Leaders Eye Late February for Budget Blueprint
House Republican leaders recently outlined a timeline for kicking off the procedures for passing budget legislation meant to reflect President Donald Trumpās list of policy priorities.
January 30, 2025United Rentals Q4 Profit, Revenue Rise
The Stamford, Conn.-based company posted a 1.5% increase in Q4 net income to $689 million from $679 million. Revenue increased nearly 10%.
January 30, 2025Uber Alleges Fraud Scheme by NY Groups Faking Crash Injuries
Uber filed a racketeering suit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents to take advantage of New Yorkās no-fault insurance policies.
January 30, 2025Used Class 8 Truck Sales Rise 11% in December
Used Class 8 truck sales in December increased 11.3% year over year and 4.8% from November's level, according to ACT Research.
January 30, 2025Trucking Industry Cargo Thefts Reach Record High in 2024
Verisk CargoNet reported that cargo theft incidents jumped 27% year over year to a record 3,625 across North America, and the estimated average value per theft increased 7.7%.
January 30, 2025