Key data on revenue and freight assets for the 50 largest global freight carriers.
President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.
Recent headlines concerning the trucking industry’s economy have been somewhat foreboding, but industry leaders are optimistic workers laid off can find new jobs.
Celadon Group on Dec. 10 appeared in a federal bankruptcy court in Wilmington, Del., the day after it announced plans to file for Chapter 11 bankruptcy and wind down its operations under the weight of huge debt obligations and a weakening trucking market.
Here are the top unsecured creditors that are not company employees listed in Celadon’s bankruptcy petition.
The Federal Motor Carrier Safety Administration announced Dec. 12 a final rule extending by three years the date for state driver's licensing agencies to comply with certain Drug and Alcohol Clearinghouse requirements.
Freight stakeholders expressed strong support for the recent agreement reached by congressional Democrats and the Trump White House on a new trade deal with Canada and Mexico, as the U.S. House readies a vote on the deal before the end of the year.
According to the latest data from the U.S. Bureau of Labor Statistics, there are 1.2 million more job openings than unemployed workers in the United States. Attracting and retaining qualified workers continues to be a top challenge for the transportation industry.Sponsored Content
Roadrunner Transportation Systems Inc. President and Chief Operating Officer Michael Gettle is leaving the company, the less-than-truckload and truckload carrier announced Dec. 11.
Top 100/ Top 50
U.S. Class 8 retail sales in November fell 12.9% year-over-year, landing at the lowest point in almost two years, WardsAuto .com reported.
WASHINGTON — Despite opposition from leading transportation groups, the Federal Communications Commission on Dec. 12 unanimously moved to proceed with a proposal that would devote a significant aspect of auto safety airwaves to broadband uses, with a remainder for a new cellular connected-vehicle technology.