Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
Category: News
Republican Lawmakers Target FHWA Rule
Senior Republicans are seeking to undo emissions targets the Federal Highway Administration is requiring of state transportation agencies.
RXO Closes First Full Year as Company With Q4 Results
RXO closed out its first full year as a stand-alone company by reporting fourth-quarter earnings gains on a year-over-year revenue decline, the company detailed Feb. 8.
Congressional Republicans Continue EV Pushback
Senior congressional Republicans called on GOP leaders in the House and Senate to deny funding that would be used to advance proposals associated with electric vehicles.
January Class 8 Truck Orders Starts 2024 Strong
North American Class 8 truck orders started off the year strong with January figures increasing from the year-ago period, according to ACT Research.
FMCSA: FTC Proposal Should Include Truck Towing Provisions
FMCSA filed comments in support of an FTC proposed rule banning junk fees that trucking regulators have argued should include provisions to mitigate predatory truck towing.
Planned Savannah Private Port Terminal Stokes Traffic Fears
SAVANNAH, Ga. — The planned SeaPoint marine terminal east of downtown Savannah is spurring concerns about port-related traffic overwhelming the streets and rail tracks in the area.
Shipping Officials: Supply Chain Equipped to Deal With Attacks
The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.
Leading Container Maker Sees Profit Jump in Hydrogen Business
China International Marine Containers Group, the world’s biggest manufacturer of shipping containers, is seeing a surge in revenues from its hydrogen business, a good sign for the fuel.
Maersk Warns of Slowdown Once Freight Boost Fades
A.P. Moller-Maersk A/S shares plunged after the company said it expects renewed gloom in the industry this year when the current boost to freight rates from the Red Sea conflict evaporates.