Business
Business

CSX Profit Jumps to $877 Million

CSX train TT file photo

CSX Corp. reported second-quarter net earnings of $877 million, or $1.01 a share, a rise of 72% from net earnings of $501 million, or 55 cents a share, in the same period a year ago.

Transport Topics
July 17, 2018
Business

Marten Transport Income Rises 50% in 2Q

Marten Transport John Sommers II for Transport Topics

Marten Transport reported a strong jump in profits and revenue in the second quarter, spurred by a rise in operating income at all four of its major divisions.

Burney Simpson | Staff Reporter
July 17, 2018
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

RoadSigns podcast

Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!

Transport Topics
June 11, 2018
Business, Logistics

Amazon Rival Draws Battle Lines With Bronx Warehouse

FreshDirect

FreshDirect has figured out an important trick: how to make money delivering groceries.

Craig Giammona | Bloomberg News
July 17, 2018
Business, Safety

Inspired by Dad, Tennessee Grand Champion Phil Shelton Has Plenty Left in the Tank

Tennessee Grand Champion Phil Shelton Shelton courtesy of Tennessee Trucking Association

For Tennessee grand champion Phil Shelton, trucking runs in his blood. Shelton, of Walmart Transportation, finished first in the tank truck class and won the grand champion title at Tennessee’s trucking championships April 27-28, earning his third trip to nationals.

Keegan Wiggins | Special to Transport Topics
July 17, 2018
Government, Business, Equipment

Environmental Groups Ask Court to End EPA Delay of Glider Truck Rule

John Sommers II for TT

Environmental groups asked a federal court July 17 to stop the EPA from giving new trucks with rebuilt engines a break from meeting air pollution standards.

Sam McQuillan | Bloomberg News
July 17, 2018
Business, Logistics

Lineage Raises $700 Million From Stake Sale to Stonepeak, D1

Lineage Logistics

Lineage Logistics, which calls itself the fastest-growing provider of temperature-controlled services such as transportation and storage, sold a minority stake worth $700 million, according to its CEO and co-founder.

Gillian Tan | Bloomberg News
July 17, 2018
Business, Logistics

UPS Begins Smart-Access Delivery in New York City

Getty Images

Your packages are here, and you’re not. It’s all right — they’ll just let themselves in.

Oshrat Carmiel | Bloomberg News
July 17, 2018
Government, Business, Technology, Logistics

Spot Truckload Rates Continue to Soar Amid Record Demand

USXpress reefer truck Compared with June 2017, reefers are up 58 cents a mile. (TT file photo)

Capacity shortfalls combined with increased demand for truckload shipments are continuing to boost spot rates to record levels, according to DAT Solutions, which also said in what is an atypical trend, spot rates now are exceeding long-term contract rates.

Dan Ronan | Associate News Editor
July 17, 2018
Government, Business, Safety

Waste Management Seeks HOS Exemption From FMCSA

Waste Management Truck TT File Photo

Waste Management Holdings Inc. has submitted a request to the Federal Motor Carrier Safety Administration asking for a five-year exemption from certain hours-of-service rules.

Eleanor Lamb | Staff Reporter
July 17, 2018
Government, Business, Technology, Equipment, Safety

Canadian Trucking Alliance Unveils 10-Point Plan to Improve Compliance, Safety

Ambassador Bridge Traffic crosses the Ambassador Bridge into Canada. (Mike Russell/Wikicommons)

The Canadian Trucking Alliance has created a 10-point action plan that presents ways in which CTA and provincial trucking associations aim to work with Transport Canada and local government agencies on strengthening compliance with issues such as hours of service and distracted driving.

Eleanor Lamb | Staff Reporter
July 17, 2018

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