Safety

Brokers, Carriers Say SMS Causes Them to Lose Business, Unfairly Taints Fleets

Brokers and carriers said that the federal Safety Management System, or SMS, that is used to score carrier performance is causing them to lose business by unfairly tainting fleet safety records.

Rip Watson | Special to Transport Topics
January 12, 2012
Business, Logistics

Global Shipper Group to Incorporate

The first formal association of international shippers, including the National Industrial Transportation League, has formed under the banner of the Global Shippers Forum to raise the profile of freight groups in an increasingly global marketplace.

Rip Watson | Special to Transport Topics
June 3, 2011
Business, Logistics

Horizon Lines Reports $33.3 Million 1Q Loss

Horizon Lines Inc., the ocean carrier that provides service between the U.S. mainland and Alaska as well as other locations, said it lost $33.3 million in the fiscal first quarter ended March 27, a loss that was nearly three times greater than the comparable 2010 period.

Rip Watson | Special to Transport Topics
May 9, 2011
Business, Logistics

Maersk Has Record Profit as Freight Business Surges

A.P. Moller–Maersk A/S, the Danish company that owns the largest ocean shipping line, announced record earnings on Feb. 23, powered by a rebounding international freight market.

Rip Watson | Special to Transport Topics
March 4, 2011
Business

YRC Reaches Agreement on Restructuring Plan

YRC Worldwide said Monday it signed an agreement in principle with its lenders and the Teamsters union on a proposed restructuring plan that would provide a cash infusion from its creditors who will receive newly issued common stock and notes.

Rip Watson | Special to Transport Topics
February 28, 2011
Business, Logistics

Greatwide Signs Contract With Coated Paper Maker

Greatwide Logistics Services said it has signed a contract with NewPage Corp., the nation’s largest maker of coated paper, for dedicated shipments in Wisconsin.

Rip Watson | Special to Transport Topics
July 16, 2010
Business

Pacer Continues Shakeup With Executive Changes

Pacer International Inc. continued its management changeover by appointing a new executive vice president and revising the duties of two other executives.

Rip Watson | Special to Transport Topics
June 14, 2010
Business, Safety, Government, Technology, Equipment

Roadrunner Transportation Acquires Bullet Freight Systems

Roadrunner Transportation Services Holdings Inc. said it bought less-than-truckload carrier Bullet Freight Systems Inc. on Dec. 14 to expand its services in the western United States.

Rip Watson | Special to Transport Topics
December 17, 2009
Business, Government

Fleets Could Face Pitfalls as States Search for New Revenue

Fleets face new tax liability pitfalls and promises, as more states whose budgets have been battered by the recession seek new revenue sources, industry experts told Transport Topics.

Rip Watson | Special to Transport Topics
December 1, 2009
Business, Safety

Intermodal Fleets Remain Concerned About Road Funds

Curtis Whalen, executive director of American Trucking Associations’ Intermodal Motor Carriers Conference, said his members share many of the same concerns about reauthorization as other trade groups.

Rip Watson | Special to Transport Topics
November 16, 2009