Business
Quarterly Profits Decline for 3PLs as Competition Puts Pressure on Rates
Third-party logistics providers reported profits that either fell or vanished in the first quarter even though revenue was on the rise, the companies said.
May 1, 2017Business
Car Haulers Finally Ratify Labor Pact; Carriers Switch to Pursuing New Deals
After 19 months in the limbo of working without a contract, Teamsters union members in the car-haul sector ratified a new labor pact with a resounding 86% yes vote, providing labor stability through May 2021 for unionized motor carriers that move cars and trucks.
April 10, 2017Government, Business
Nafta Freight Falls 3.4% in 2016; Trucks Remain Dominant Mode
The volume of North American Free Trade Agreement commerce dipped by 3.4% last year compared with 2015, and with that decline, trucks hauled less freight across the U.S. borders with Canada and Mexico — although the value of the trade still topped $1 trillion, and trucks transported a strong majority of the goods.
March 13, 2017Follow Us
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