Logistics
Government, Logistics

Trump Says He’ll Quit NAFTA If New Deal Can’t Be Reached

Olivier Douliery/Abaca Press/TNS

U.S. President Donald Trump is renewing his threat to quit NAFTA, after his economic adviser earlier this week said he wouldn’t.

June 8, 2018
Business, Equipment, Logistics, Top 100

KLLM Announces Another Pay Increase for Drivers

KLLM Transport Services truck (John Sommers II for Transport Topics)

KLLM Transport Services will institute another pay hike for company drivers, bringing the increase to 30% in just the past eight months, the Jackson, Miss.-based over-the road carrier announced.

Transport Topics
June 8, 2018
Business, Logistics

As Economy Heats Up, Truck Driver Shortage Burns More Companies

Getty Images

A strengthening economy has its downsides. Just ask United Natural Foods Inc.

Richard Clough | Bloomberg News
June 8, 2018
Business, Logistics

Institutional Funds Invest in GCT Global Container Terminals

Trucks at Global Container Terminals in Jersey City, N.J. Trucks at Global Container Terminals in Jersey City, N.J. (Associated Press)

IFM Investors and British Columbia Investment Management Corp. became equity investors in GCT Global Container Terminals Inc., an operator of four North American container terminals. IFM acquired a 37.5% holding, and BCI acquired a 25% stake. The value of the investments was not released. The purchases are subject to regulatory approvals.

Transport Topics
June 8, 2018
Government, Safety, Logistics, TCA

Roadcheck Focuses on Fatigued Truck Drivers

John Sommers II for TT

BRANDON, Iowa — Officer Chris Wicklund with the Iowa Department of Transportation’s Motor Vehicle Enforcement Agency peered into the red Kenworth’s engine, slid under the semitrailer on a mechanic’s creeper and checked the driver’s log book.

Mitchell Schmidt | The Gazette (Cedar Rapids, Iowa)
June 7, 2018
Government, Business, Logistics, TCA

Texas Planning Group Outlines Regional Freight Corridor

Getty Images

In Texas, Sherman-Denison Metropolitan Planning Organization officials expect to present the draft version of a regional freight corridor plan later this summer.

Michael Hutchins | Herald Democrat (Sherman, Texas)
June 7, 2018
Business, Logistics

Union Pacific, Switchman With Arthritic Knees Settle Discrimination Suit

Getty Images

Union Pacific and a former switchman at the railroad’s Grand Junction, Colo., rail yard have settled for an undisclosed amount his allegations that he was discriminated against because he has arthritic knees, the parties told Bloomberg on June 6.

Patrick Dorrian | Bloomberg News
June 6, 2018
Government, Business, Logistics

US, China Barter on Trade Gap as Tariff Deadline Nears

Getty Images

The United States and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the United States finalizing a deal to allow China’s ZTE Corp. to resume purchases from American suppliers.

Bloomberg News
June 6, 2018
Government, Logistics

US Trade Gap Narrows to Seven-Month Low on Record Exports

kees torn/Flickr

The U.S. trade deficit narrowed to the lowest level since September as exports rose to a record, amid Trump administration tariffs and trade threats that risk hurting global commerce.

Shobhana Chandra | Bloomberg News
June 6, 2018
Business, Logistics, Top 100

UPS Workers Authorize Union to Call First Strike Since 1997

John Taggart/Bloomberg News

UPS Inc. workers authorized their union to call what would be the first strike since 1997, giving negotiators more leverage in talks to replace a labor contract that expires at the end of July.

Thomas Black | Bloomberg News
June 5, 2018

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