Business
Government, Business

New Tax Law Boosts Trucking Industry, ATA Chairman Dave Manning Says

Paul Ryan, Dave Manning House Speaker Paul Ryan (left) Dave Manning via Speaker Paul Ryan/YouTube

WASHINGTON — The trucking industry continues to experience economic benefits resulting from the recently enacted federal tax overhaul, the chairman of American Trucking Associations told House Republican leaders on Capitol Hill on April 17, the country’s deadline for filing taxes.

Eugene Mulero | Staff Reporter
April 17, 2018
Business

CSX Announces Strong First-Quarter Earnings as Results Exceed Expectations

CSX train John H Gray/Flickr

CSX Corp., the country’s third-largest railroad, reported stronger-than-expected earnings April 17 as the company cut costs. First-quarter net earnings were $695 million, or 78 cents per share. That is more than the 66 cents per share analysts had been expecting.

Dan Ronan | Associate News Editor
April 17, 2018
Business, Technology, Logistics

Mayor Eric Garcetti Says SpaceX to Build New Rocket in Port of Los Angeles

Kim Shiflett/NASA

SpaceX has chosen to manufacture its planned big, new rocket in the Port of Los Angeles, Mayor Eric Garcetti announced April 16 in his annual state of the city speech.

John Antczak | Associated Press
April 17, 2018
Government, Business, Fuel

Travis Allen Spurs Feud Among California Republicans Over Anti-Gas Tax Campaign

carstenkessler/Flickr

Leaders of the effort to repeal California’s new gas tax increase are blasting Republican governor candidate Travis Allen for using money raised to repeal the tax to broadcast ads featuring himself.

Casey Tolan | East Bay Times
April 17, 2018
Government, Business, Safety

FMCSA Halts Transport of Explosives for Tennessee-Based Company

Hazmat signs tochichi/Flickr

The Federal Motor Carrier Safety Administration has prohibited Rock City Stone Co., a Tennessee-based group, from commercially transporting explosives or hazardous materials.

Eleanor Lamb | Staff Reporter
April 17, 2018
Government, Business

Port of Long Beach Has Record 1Q; Port of Los Angeles Sees 5.7% Drop

Port of Long Beach Port of Long Beach by Tim Rue/Bloomberg News

The Port of Long Beach had its best first quarter, up 19.4% compared with the same period in 2017.

Dan Ronan | Associate News Editor
April 17, 2018
Business

Housing Starts Top Forecasts on Multifamily Construction

Luke Sharrett/Bloomberg News

New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed April 17.

Sho Chandra | Bloomberg News
April 17, 2018
Business, Logistics

Digital Marketing Firm ACG Transfers Trucking Assets to Mark-It Express

Truck cab TT file photo

Alliance Creative Group, a Chicago-based firm engaged in product development, packaging and printing, fulfillment and transportation services, said it will transfer its trucking clients and most of its drivers to Mark-It Express Logistics, a bigger and more established trucking company.

April 17, 2018
Business

IMF Spots Trouble for Global Economy After 2020

Louis Vest/Flickr

The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years but warned the seeds of its demise already may have been planted.

Andrew Mayeda | Bloomberg News
April 17, 2018
Business, Fuel, TCA

Pilot Flying J Owner Jimmy Haslam Won’t Face Charges in Fraud Case

Paul Sancya/AP

The statute of limitations ended Monday without prosecutors filing new charges in the $56 million fraud committed by top executives of Pilot Flying J, the family business of Browns owner Jimmy Haslam.

John Caniglia | The Cleveland Plain Dealer
April 17, 2018

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