Ritchie Bros. CEO to Step Down in May
Ritchie Bros. Auctioneers said CEO Peter Blake will step down in May during the company’s annual meeting. A successor has not been named.
October 9, 2013Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
IMF Cuts Global Growth Forecast Amid Uncertainty in U.S.
The International Monetary Fund cut its global outlook for this year and next, warning that a U.S. government default could seriously damage the world economy, Bloomberg News reported.
October 9, 2013Federal Officers May Open In-Transit Packages Under PHMSA Rule
The Pipeline and Hazardous Materials Safety Administration has issued a rule reaffirming that agency inspectors have the right to open in-transit packages that they suspect do not comply with hazmat regulations or present a potential safety hazard.
October 8, 2013Montana Truck Inspectors to Get Guns
The Montana Department of Transportation has authorized issuing guns to some commercial vehicle inspectors, a decision that has drawn opposition from the state’s trucking industry.
October 8, 2013XRS Starts Selling Dedicated Mobile Telematics Device
XRS Corp. said it has started selling the NXT, a mobile trucking telematics tablet that uses the company’s software, a tablet from Samsung Telecommunications America and Verizon Wireless’ 4G data network.
October 8, 2013UPS to Boost Natural Gas Operations; Company Will Open 9 New LNG Stations
UPS Inc. said it will invest $50 million to build nine new liquefied natural gas fueling stations, bringing the total number of its stations to 13.
October 8, 2013Teamsters Send ABF Strike Authorization Ballots to Some Members
The Teamsters union notified ABF Freight System that strike authorization ballots are being sent Oct. 8 to workers covered by a Central Region supplemental agreement that has been voted down twice.
October 8, 2013Expeditors CEO Peter Rose to Retire in March
Peter Rose, CEO of Expeditors International of Washington Inc., will retire in March after 35 years with the company, he announced in an Oct. 8 statement.
October 8, 2013Navistar Offers $200 Mln. in Convertible Notes
Navistar International Corp. said $200 million of senior subordinated convertible notes have been priced to pay a 4.5% interest rate.
October 8, 2013Echo Global Promotes Executives
Echo Global Logistics Inc. has reshuffled its management team with three internal executive promotions, the Chicago-based company announced.
October 8, 2013