UPS Inc. announced Nov. 7 it has joined the Blockchain in Trucking Alliance to assist in creating industry standards and protocols to enable blockchain platforms to operate together with established technologies.
Category: News
True original: Heartland Express VP and CFO retires
John P. Cosaert, who was one of the original company employees, steps down as Heartland’s executive vice president of finance, treasurer and chief financial officer
The ‘underground economy’ versus trucking
Trucking is competing with a growing ‘shadow economy’ of often off-the-books work.
Pennsylvania Legalizes Gambling at Truck Stops
Pennsylvania Gov. Tom Wolf signed a law Oct. 30 that expands the state’s gaming options by allowing gambling at truck stops, in airports and online.
Senate Panel to Vote on FMCSA Nominee Ray Martinez
The Senate Commerce Committee has scheduled a Nov. 8 hearing to consider the nomination of Ray Martinez as the country’s top trucking regulator.
Rhode Island Truck-Toll Launch Postponed to February or March
The trucking industry received at least a two-month reprieve from the onset of Rhode Island tolls Nov. 6 as state transportation officials said they have pushed the launch date for the first truck-toll collections into next year.
Self-Driving Cars Could Save Lives Even Before They’re Perfected, Report Says
Putting self-driving cars on the road sooner rather than later could save hundreds of thousands of lives, according to a report released Nov. 6 by Rand Corp., a Santa Monica policy research nonprofit.
Building Resilient Communities Best Way to Reduce Risks, FEMA Chief Says
The extreme weather events that destroyed vital infrastructure this year in Texas, Florida, Puerto Rico, and the U.S. Virgin Islands illustrate the need to build resilient communities, Federal Emergency Management Agency Administrator Brock Long said
Expeditors’ Profits Jump 12%, Beating Analyst Forecasts
Expeditors International of Washington reported strong earnings in the third quarter, with profits jumping 12% year-over-year, easily beating the consensus forecast of analysts.
Schneider’s 3Q Profits Flat, Missing Consensus Forecast
Schneider announced profits were flat in the third quarter, missing the consensus forecast of analysts due to Hurricanes Harvey and Irma and higher driver pay and retention costs to gear up for the capacity crunch in 2018.