CSX Corp. CEO Hunter Harrison has taken a medical leave of absence from the railroad due to complications from a recent illness. Investors sold off the company stock, causing a 12% drop and $6 billion loss in company value in morning trading.
Injury insurance claims from ports involve vehicles or other heavy equipment 85% of the time. An insurance provider has studied the claims and is making recommendations to ports on how to prevent them.
Asian shippers are siding with the Notorious B.I.G.’s declaration of regional loyalty from the 1997 hit “Goin’ Back to Cali”: “If I got to choose a coast, I got to choose the East.” The expansion of the Panama Canal that doubled its capacity has started shifting freight to east coast ports, which have invested billions in dredging, construction, and equipment purchases to take advantage of the increased flow.
Freight Alley is getting an infrastructure addition. In 2018, the Georgia Port Authority (GPA) will be opening its second inland port on 42 acres in Northwest Georgia’s Murray County.
Picture a 40-foot container traveling from Mainland China to a suburb of Los Angeles. It often experiences more complications between the Port of LA and final destination than it does during its international trip. Is blockchain the solution to these problems?
While platooning vehicles are close to real-world operation, the world itself may not be ready for them. According to a guide for legislators created by the Competitive Enterprise Institute, the varied nature of state laws may limited where platooning vehicles may operate.
Teamsters union Local 848 has initiated a strike at the ports of Los Angeles and Long Beach today to protest what they say is misclassification of their employment as independent contractors.
A Buzzfeed writer has turned President Donald Trump’s visit with trucking leaders into a kids book. Also, manufacturing output declines and the uneven economy is causing some questions to be asked by trucking executives.
