The Port of Virginia says cargo traffic in March was the fourth busiest in its history and grew 9% compared to a year ago.
Category: News
Eaton, Cummins to Form Joint Venture for Automated Transmissions
Component supplier Eaton Corp. and engine maker Cummins Inc. announced plans to form a joint venture to produce automated transmissions for medium- and heavy-duty trucks.
Video: How the Knight-Swift Merger Affects Drivers
In this video posted April 10 on Knight Transportation’s Facebook page, Knight Executive Chairman Kevin Knight says Swift Transportation and Knight Transportation will remain independent brands and operations after their merger announcement.
Port of Vancouver Has Record Year for Tonnage
The Port of Vancouver had a record year for tonnage last year, though imports and operating revenues are less glowing.
Retired New York Teamsters to Get Few More Months Before Benefits Decline
Retired truck drivers will have at least a few more months before any pension cut lowers their monthly benefits after administrators of the New York State Teamsters Conference Pension and Retirement Fund temporarily withdrew their application to the De…
Knight: Merger an opportunity that couldn’t be passed by
Executive chairman of proposed Knight-Swift Transportation Holdings says merger offers opportunity to “harvest” the right freight for higher yields and to focus on improving technology investments.
Kevin Knight, executive chairman of TL carrier Knight Transportation and in line to fulfill the same role of the joint company to be formed by Knight’s proposed merger with Swift Transportation, believes the “moon and stars aligned” for this deal to occur and expects it will help position both motor carriers to benefit from expected capacity tightening at the end of the year and on into 2018.
Knight: Merger an opportunity that couldn’t be passed by
Executive chairman of proposed Knight-Swift Transportation Holdings says merger offers opportunity to “harvest” the right freight for higher yields and to focus on improving technology investments.
Kevin Knight, executive chairman of TL carrier Knight Transportation and in line to fulfill the same role of the joint company to be formed by Knight’s proposed merger with Swift Transportation, believes the “moon and stars aligned” for this deal to occur and expects it will help position both motor carriers to benefit from expected capacity tightening at the end of the year and on into 2018.
Trucking Forecast Good in Short Term, but Recession Could Hit Before 2020
LAS VEGAS – Truckload carriers and freight brokers should see improved profits in late 2017 and early 2018, but FTR economist Noël Perry warned executives at the Transportation Intermediaries Association that they won’t be as robust as earlier this decade and a recession could be looming.
E-fulfillment Warehouses Growing Not Just Wider But Higher
The growth in e-commerce has increased demand for bigger warehouses to fulfill orders, storage space that isn’t only larger in square footage but also height, according to a report from commercial realtor CBRE Group Inc.
JaxPort Discussed Asking for $93 Million to $167 Million to Deepen Port
JaxPort officials discussed with city administrators Jacksonville paying between $93 million and $167 million to deepen 13 miles of the St. Johns River to accommodate larger ships with more cargo, according to e-mails former port authority CEO Brian Ta…