Logistics
Business, Logistics

Tables Have Turned: Shippers Now Courting Truck Drivers

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Once at the mercy of shippers, truckers now are turning the tables, thanks to surging freight demand and a shortage of drivers.

Thomas Black | Bloomberg News
May 14, 2018
Business, Logistics

AFF Global Buys Alaska Express

American Fast Freight TT file photo

Freight forwarder AFF Global Logistics purchased Alaska Express, a domestic freight forwarding firm serving the Alaska market.

Transport Topics
May 14, 2018
Government, Business, Logistics

Postal Service: More Financial Loss as Mail Delivery Slumps

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The U.S. Postal Service reported another quarterly loss May 11 after an unrelenting drop in mail volume and costs of its health care and pension obligations outweighed strong gains in package deliveries.

Hope Yen | AP
May 11, 2018
Government, Business, Logistics, TCA

PortMiami on Track for Trade Record in 2018

Harshil Shah/Flickr

After disappointing years from 2006 to 2014, things are looking up at PortMiami. In March, the port handled 97,577 TEUs of cargo — the second-highest monthly total in the port’s history — and, so far, cargo traffic is up 5.8% over the same period in fiscal 2017.

Mimi Whitefield | Miami Herald
May 11, 2018
Government, Business, Logistics

Teamsters Leaders Facing Probe for Accepting Gifts

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An independent investigator has notched up his probe into whether top Teamsters leaders accepted undisclosed gifts from a business that brokered health benefits for the union.

Mike Schneider | AP
May 10, 2018
Business, Logistics

Radiant Logistics Profits Slump as Transportation Costs Rise

Radiant Logistics, a provider of domestic and international freight forwarding, truck and rail brokerage, warehousing and order fulfillment services, reported lower profits in the fiscal third quarter despite a buoyant freight market that pushed up gross revenues 12.2% in the three months ended March 31.

Daniel P. Bearth | Staff Writer
May 10, 2018
Business, Logistics

Trump Infrastructure Plan Ailing, but Not Dead, in Senate

Olivier Douliery/Abaca Press/TNS

A water resources bill under consideration in the Senate appears to reject the White House’s $1.5 trillion infrastructure plan, but top Republicans say parts of the Trump proposal eventually may make it into the legislation later this month.

David Schultz | Bloomberg News
May 9, 2018
Government, Business, Technology, Logistics, Autonomous

Capitol Agenda for the Week of May 7: Little Bills

Kevin Hassett Hassett via C-Span

The art of the deal under the Trump administration is taking us from the promise of having a huge infrastructure package to asking us to settle for smaller, tinier measures. Essentially, you get what you can.

Eugene Mulero | Staff Reporter
May 9, 2018
Business, Logistics

FedEx to Shift $6 Billion in Pension Obligations to MetLife

Michael Nagle/Bloomberg News

FedEx Corp. is transferring $6 billion in U.S. pension obligations to MetLife Inc. to reduce administrative costs.

Mary Schlangenstein and Katherine Chiglinsky | Bloomberg News
May 9, 2018
Business, Logistics, TCA, Top 100

Covenant Transport Pays $2,000 Bonuses to 44 Teams

Daniel Oines/Flickr

Covenant Transport handed out $88,000 in its new team bonus program last month to 44 teams that eclipsed the 60,000 miles together to earn the company’s new $2,000-per-team bonus.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 9, 2018

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