Penske Logistics will acquire Epes Transport System, a Greensboro, N.C., dry-van truckload and dedicated contract carriage provider, with more than 1,100 drivers. Terms were not disclosed.
Category: News
Spot market remains ‘hot’ with more freight than capacity
During its most recent State of Freight webinar, FTR analysts cite both internal and external factors that will impact freight rates and capacity going forward.
TCI continues to reflects a favorable trucking market for carriers
The tight labor market, including a shortage of drivers, is holding carriers back from taking full advantage of the higher rate environment even as it increases their labor costs.
Concrete Group Requests Exemption From Shorthaul Rule, Seeks 14-Hour Workday
The American Concrete Pumping Association has requested a five-year exemption from a requirement that shorthaul drivers be allowed to return to their normal work-reporting location within 12 hours, and the group is seeking a 14-hour workday.
Importance of storytelling in your recruiting efforts
The best recruiting efforts are not just about benefits and salaries but often about telling your company’s story. This is especially true today as businesses are trying to attract millennials to the work place.
This cohort is paying a lot more atten
Maersk Appoints First Female Executive in 114-Year History
A.P. Moller-Maersk A/S, the world’s biggest shipping company, has appointed a woman to be its chief financial officer for the first time in its 114-year history. Carolina Dybeck Happe, 45, who has held various high-ranking posts at lockmaker Assa Abloy AB, will start at Maersk by the beginning of next year.
New Partnership to Explore Effect of Autonomous Vehicles on Workplace
A diverse group of leading companies and associations launched the Partnership for Transportation Innovation and Opportunity, a collaboration committed to exploring how autonomous vehicles will impact American workers as well as identifying opportuniti…
Boeing Wins Big Freighter Jet Order as FedEx Bets On Continued Air Cargo Recovery
Reaping the benefit of a worldwide recovery in air cargo, even amid fears of a global trade war, Boeing on June 20 announced a big order from air package-delivery specialist FedEx Express.
Kenworth of Louisiana moves to Shreveport
Kenworth’s Louisiana location in Bossier City has relocated to a larger dealership in Shreveport with access to I-20.
The new location is 17 miles from the original dealership and comprises almost 16 acres at 7030 W. 70th St. It includes a truck stop
U.S. business spending on logistics rose to $1.5 trillion in 2017
Total U.S. business spending on logistics rose 6.2% in 2017 from the previous year to $1.5 trillion, according to the annual State of Logistics Report issued by the Supply Chain Management Professionals (CSCMP).
That figure was 7.7% of U.S. gross dom