Earlier today in Europe, Danish shipping giant A.P. Moller–Maersk (NASDAQ: Maersk A; NASDAQ: Maersk B) reported a massive increase in second quarter profit and earnings before interest, tax, depreciation and amortization. Revenues “grew slightly,” the shipping mega-conglomerate said.
News of a Japanese electric-powered oil tanker set green-hearts fluttering around the world. Electric marine craft will likely be a big thing in coastal markets but not in the long-haul trades.
Safety, labor advocates register early opposition to rule changes.
The states of Illinois, Nevada and Washington are seeking to push ahead with state laws requiring a train crew size of at least two individuals, despite a federal declaration saying that such laws have been voided.
A long-term strategy to maintain pricing discipline has propelled the once-damaged LTL sector to one of its best decades ever.
Meritor, Inc. is growing its manufacturing footprint in India by 25 percent with a $36.5 million axle assembly facility at Automotive Axles, its joint venture with Kalyani Group in Mysore, India. Meritor also is opening a research and development center in Mysore.
Payback for a record run of new trailer orders last summer continued in July with fewer than 10,000 new orders placed, a dramatic drop from the same month in 2018. Typical during summer months, low orders suggest a possible return to normal order patterns after an overheated second half in 2018.
Earlier today, the Federal Motor Carrier Safety Administration (FMCSA) released a new Notice of Proposed Rulemaking (NPRM) to make changes to the federal hours-of-service (HOS) regulations. These include granting additional flexibility for drivers utilizing a truck’s sleeper berth, standardizing the 14-hour driving window for short-haul drivers, alterations to the 30-minute rest break requirements and updates […]
The FreightWaves Freight Intel Group’s latest research shows that a freight recession is taking place.
Transportation and logistics firm plans additional brokerage offices in the United States, while CEO suggests a willingness to make an asset-based acquisition.
Memphis-based is the latest BiTA member. Read about this interesting company’s purpose.
186 transportation and logistics companies made the list.
30-minute rest break, split sleeper berth requirements among five major revisions.
Wisconsin-based Schneider National recently announced it is building a new operations center in Dallas, where the company will manage up to 500 truck drivers. The new facilities will include a 14,000-square-foot driver services building and a 47,000-square-foot maintenance building, sitting on more than 50 acres. “The new facility will include many of the amenities found […]
Views of the market from the ACT Research seminar
There are a dozen electric scooter companies in Paris, and the city has seen enough of the impact that an unregulated e-bike market can create on the city roads.
Marten Transport to pay a $0.65 per share special dividend and increase its share repurchase program.
Major U.S. drayage carrier sees Southeast ports as areas of growth in freight.
Canadian transportation firm posts a 19 percent drop in revenue on tougher freight market on both sides of the border.
