For-Hire

The Cookeville, Tenn.-based transportation and logistics company said these regional drivers saw their compensation increase to 64 cents per mile.

A Queens, N.Y.-based building firm, Kordun Construction, bought the most expensive property of the four — a Plainview, N.Y., service center — for $4 million.

McReynolds has spent 28 years with ArcBest, including the past 15 as CEO. She was ArcBest’s chief financial officer before becoming the top executive.

ArcBest offered the latest window into what to expect from the long-awaited Tesla Semi battery-electric tractor, including energy consumption ratings matching its diesel peers.

FedEx recently opened a new facility on a sprawling piece of land at Detroit Metro Airport, loading it with new technology that helps move 12,000 packages an hour faster and more efficiently. 

The National Motor Freight Traffic Association is moving toward a density-based freight classification system in a major update that is set to go into effect July 19.

As one of the top expenses for trucking companies of all types and sizes, tires go a long way toward determining a motor carrier’s profitability and success.

Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.

UPS plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the company’s history as part of an effort to boost profit by slimming down its operations.

The purchase of Milton Transportation and BTR will add 40 trucks, 300 trailers, two maintenance facilities and a body and alignment shop to the Watsontown Trucking portfolio.