Volkswagen has continued to increase its stake in Navistar following its initial buy-in in 2016. The company purchased approximately $10 million worth of shares in July through five transactions, according to documents filed with the SEC.
Following a report by Josh Sandbulte in the Wall Street Journal on Amazon’s use of the U.S. Postal Service (USPS) for package delivery, USPS Chief Financial Officer Joseph Corbett responded with a letterclarifying and refuting some of the points of the article.
When the Federal Motor Carrier Safety Administration laid out the parameters of its electronic logging device (ELD) rule, it seemed pretty simple: Trucks newer than model year 2000 were required to have the devices. But the language, as is often the case, left some room for confusion.
J.B. Hunt Transport Services has opened a new 144,000-square-foot corporate building in Lowell, Ark. The new building grows J.B. Hunt’s headquarters to over 494,000 square feet.
A USA Today investigation into port trucking operations in California has led to three U.S. Senators sending letters to national retailers demanding they crack down on trucking companies and their alleged unfair labor practices directed at drivers.
Autonomous vehicles are alive and well, and now crossing borders. While many states have yet to authorize the testing of autonomous vehicles, a demonstration took place Monday between Michigan and Southern Ontario.
Amid sluggish freight rates and oil prices, overcapacity issues, and the Baltic Dry Index pointing to a looming slowdown in global trade growth, finding innovative ways to solve repositioning problems is now a major part of a wider effort to reduce costs in the container-shipping industry.
According to a report published by Josh Sandbulte in the Wall Street Journal, USPS has been picking up the tab for Amazon’s package delivery.
Contract pricing, which has affected second-quarter earnings for a number of 3PLs, remains weak according to the latest data from FTR.
A push in on to go electric with more countries planning a ban on sales of gas and diesel cars. Few, though, address commercial goods movement specifically, which is primarily handled by diesel-powered trucks. So what happens to the diesel truck?
One comic character in the Hollywood film “Prince of Persia” said that there are only two things that are permanent in this world – death and taxes. For some, proposed border taxes may sound like punishment for not supporting American-made products.
Survey results released last week by the National Safety Council tell a sobering tale of just how tired American workers are, and how that fatigue could be impacting safety on the job.
Echo Global Logistics, Inc. (NASDAQ:ECHO) on Friday announced a rise in revenue for the second quarter, but the resulting $245,000 loss for the quarter and a tough environment for supply chain logistics companies led to a sell-off of its stock on Friday.
While eclipses don’t normally cause traffic problems, officials are warning drivers for heavier-than-normal traffic and stopping vehicles as the path of the Great American Eclipse on Aug. 21 will follow closely with several major interstates.
There is a new option that companies are flocking to quickly raise capital: an ICO – initial coin offering. But there are inherent risks in doing so, and they may be too great to overcome for transportation firms.
While a proposal to increase minimum insurance levels is off the table for now, that hasn’t stopped advocates from pushing carriers to increase those limits above the current minimum of $750,000, which was set in 1983.
Shippers trust carriers to move their goods, but how do they know the carrier they have chosen can get the job done? A new Cerasis blog post lists the 12 data points every shipper should monitor when choosing a less-than-truckload (LTL) carrier.
A host of carriers have reported earnings with mixed results. Knight Transportation, UPS, Landstar Systems and Covenant were among the carriers reporting.
A ride-sharing company could be the perfect fit to solve the last-mile delivery problems of e-commerce. Here’s why a Walmart acquisition of Lyft could be the edge it needs to overcome Amazon.
Following years of complaints from the trucking industry that carriers are unfairly penalized for crashes that are not the driver’s fault, FMCSA is launching a 2-year demonstration program that allows carriers to dispute the findings of a crash.
