Cardinal Logistics Appoints Tom White as Chairman
Cardinal Logistics Management Corp. announced it appointed Tom White as executive chairman.
January 30, 2015TT Podcasts: RoadSigns
Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.
FedEx Completes Genco Acquisition
FedEx Corp. has completed its acquisition of Genco Distribution System Inc., which it described as one of the largest third-party logistics providers in North America.
January 30, 2015Jan. 30 Earnings Roundup: Paccar, Saia
Paccar Inc. and Saia Inc. reported higher fourth-quarter earnings.
January 30, 2015Economy Expands by 2.6% in Fourth Quarter
Gross domestic product grew at a 2.6% annualized rate after a 5% gain in the third quarter that was the fastest since 2003, Commerce Department figures showed Jan. 30 in Washington.
January 30, 2015Consumer Sentiment Rises to 11-Year High
American consumer confidence reached an 11-year high in January as a strengthening labor market and plunging gas prices kept households looking on the bright side.
January 30, 2015Three Plead Guilty in Brooklyn to Federal CDL Fraud
Three people in Brooklyn, New York, pleaded guilty to fraud charges regarding tests for commercial driver licenses, according to two federal agencies.
January 30, 2015Obama’s Budget Request Includes Freight Grant Program, Foxx Says
WASHINGTON — President Obama's upcoming budget request for the Department of Transportation will include parts of the four-year, $302 billion transportation plan the administration unveiled last year, Transportation Secretary Anthony Foxx told lawmakers.
January 30, 2015Jan. 29 Earnings Roundup: Landstar, Werner Say Profits Rose by About Half
Landstar System Inc. and Werner Enterprises Inc., two of the largest truckload carriers, announced fourth-quarter earnings increases of 53% and 48%, respectively, to continue the positive trend in the sector.
January 29, 2015DTNA Settles Former Workers’ Discrimination Case
Daimler Trucks North America said it will pay $2.4 million to settle a discrimination-related complaint by six former factory employees.
January 29, 2015Attorneys in Pilot Fuel Rebate Case Seek Sentencing Delay
Prosecutors and defense attorneys in the Pilot Flying J diesel-fuel rebate criminal case have asked a federal judge to delay sentencing for 10 former company executives who have pleaded guilty as participants in a scheme to cheat customers.
January 29, 2015