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XPO Goes Global in $3.5 Billion Deal 
XPO Logistics Inc. last week made its first foray into the global market with an agreement to buy French company Norbert Dentressangle SA for $3.53 billion, the latest move in the consolidation trend in the logistics sector.

Ryan to Offer Short-Term Fix For Road Fund 
WASHINGTON — Rep. Paul Ryan, chairman of the House’s tax-writing committee, said April 30 he will unveil a short-term measure in about three weeks that would keep highway programs funded through the end of the year.

Bill Maintains Restart Suspension, OKs Twin 33s 
WASHINGTON — A House appropriations bill unveiled last week could keep the suspended 34-hour restart rule from being reinstated by Sept. 30, and would permit use of twin 33-foot trailers.





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Capitol Agenda for the Week of May 4: Walls Closing In
In one corner, you have Rep. Paul Ryan saying it'll be another 2-3 weeks before even a short-term highway trust fund fix is ready for consideration. In the other corner sits a May 21 holiday recess and a May 31 funding expiration. How will Congress box its way out of this one? Here's the week ahead for trucking on Capitol Hill.

Mack Furthers Its Integration Strategy With AMT for Construction, Heavy-Haul
ALLENTOWN, Pa. — Mack Trucks has taken the next step in its integrated powertrain strategy by offering a proprietary automated manual transmission tailored to construction and heavy-haul applications.

FedEx, TNT See ‘Timely Progress’ on Merger Deal
FedEx Corp. and Netherlands-based TNT Express provided an update on their planned combination, noting “timely progress” on their $4.8 billion deal and saying it could take one year to obtain all regulatory approvals.


TT ARCHIVES

TT Archives: Substance Abuse Testing
In 1994, after several years of preparation alcohol testing was announced for truck and bus drivers in both interstate and intrastate commerce. These regulations “build on the transportations industry‘s track record with drug testing over the past three years,” said Transportation Secretary Federico Pena.

 

 


 
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