executives News Updates

Wesley Batista Filho will take over as global CEO in January after spending the past three years leading the company’s U.S. division.

“Market fundamentals are improving as capacity continues to tighten, driven by regulatory enforcement and carrier exits,” CEO Shawn Stewart said.

A spokesperson for International could not provide more details immediately, but testing of a camouflaged new cab may have been spotted in the spring.

Evergreen Marine confirmed authorities had searched its premises, adding that the company was fully cooperating with the investigation.

The transaction, announced July 1, would nearly triple the North American contract logistics operations of Ceva Logistics, CMA CGM’s logistics subsidiary.

FedEx Freight — North America's largest less-than-truckload carrier — benefited from spillover in backhaul lanes with heavier shipments, executives said.

John Groendyke became chairman and CEO at Oklahoma-based Groendyke Transport upon the death of his father, Harold, who founded the carrier in 1932.

The Plain City, Utah, native was CEO of Knight Transportation from 1994 to 2014. He was one of four founders of the company in 1990.

Ahrens takes the helm at Kenworth as the truck maker and sister company Peterbilt push to increase their share of the North American heavy-duty truck market.

The vote, more than 95% in favor at Shell’s annual meeting in London, raises the maximum long-term share award for CEO Wael Sawan from 600% to 900% of salary.