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…
Category: News
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…
TIA Honors Five for Industry Contribution
LAS VEGAS – The Transportation Intermediaries Association honored five people for their contributions to transportation and logistics and the larger community at its conference on April 7.
Technology Hits Workers’ Income Share More Than Trade, IMF Says
The advance of technology is the biggest reason workers are earning a shrinking slice of the income pie, according to a new study by the International Monetary Fund.
UPS Buys First Used Boeing 767s With New Ones Out of Reach
UPS Inc. purchased its first used Boeing Co. 767s, grabbing older models that are in high demand as package shipments increase globally and production slots for new versions of the plane are sold out.
UPS Buys First Used Boeing 767s With New Ones Out of Reach
UPS Inc. purchased its first used Boeing Co. 767s, grabbing older models that are in high demand as package shipments increase globally and production slots for new versions of the plane are sold out.