GM Strike Seen Forcing Credit Firms to Mull Action
The United Auto Workers union’s strike against General Motors Co. may force credit raters to take action and move the company closer to junk status, according to Bloomberg Intelligence.
October 9, 2019Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Massive California Blackout Could Prevent Fires but at Big Cost
Even a brief blackout can be costly. Now California faces the experiment of finding what out happens economically when a modern metropolitan area goes without power — on purpose — for what could be days.
October 9, 2019For ATA’s New Chairman Randy Guillot, Life and Work Are Family Affairs
NEW ORLEANS — Business was going quite well for family-owned Triple G Express Inc. during the summer of 2005, as the city best known for its 24-hour nightlife, vibrant live music scene and spicy Cajun cuisine also served as a great base of operations for the intermodal motor carrier and its decades-old less-than-truckload affiliate, Southeastern Motor Freight Inc.
October 9, 2019Daseke Plans Pivot of Cutting Costs, Adding Council of CEOs
SAN DIEGO — Daseke Inc. is launching a series of business improvement plans that includes an internal council of CEOs from flatbed carriers it owns, and that targets reducing operating ratios and cutting costs at its Addison, Texas, headquarters, company executives told Transport Topics.
October 8, 2019Reliable Federal Funding Will Enhance Freight Transportation System, TRIP Report Says
In “America’s Rolling Warehouses: Opportunities and Challenges with the Nation’s Freight Delivery System,” the Washington, D.C.-based group TRIP concluded that significant sustainable funding at the federal level will be key to enhancing connectivity along freight corridors in the coming years.
October 8, 2019I.D. Systems, Now PowerFleet, Buys Pointer Telocation for $140 Million
PowerFleet Inc. said it closed its acquisition of Pointer Telocation Ltd., and rebranded the company formerly known as I.D. Systems to PowerFleet Inc.
October 7, 2019American Railroads Are Already in Recession With No End in Sight
This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.
October 7, 2019ATRI: Driver Shortage Tops Trucking Concern List for Third Straight Year
SAN DIEGO — For the third year in a row, the driver shortage is the top-ranked issue for trucking fleets, as they struggle to recruit and retain qualified drivers, according to the American Transportation Research Institute.
October 6, 2019Shippers' Advice to Truckers
Transport Topics Associate News Editor Dan Ronan recaps the MCE 2019 session in which shippers offered their perspective on critical issues to the trucking industry.
October 6, 2019Detention Times Threaten Supply Chain Efficiency, Panelists Say
SAN DIEGO — Three supply chain executives said the industry must make big improvements in how it manages detention time. The remarks were made during an Oct. 6 session of American Trucking Associations’ Management Conference & Exhibition.
October 6, 2019