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Business, Logistics

IANA Presents Silver Kingpin, Chairman Awards

Iana awards Hacegaba (left) presents Prince with IANA’s Silver Kingpin Award for his contributions to the industry. (IANA)

LONG BEACH, Calif. — Ted Prince, chief strategy officer and co-founder of Tiger Cool Express, received the Silver Kingpin award during the Intermodal Association of North America’s Intermodal Expo 2022 on Sept. 13.

September 16, 2022
Government, Business, Logistics

Fleets Prepare for AB 5 Enforcement as Legal Battles Continue

AB 5 panelists at IANA Intermodal Expo 2022 AB 5 panelists (from left) Marc Blubaugh, Matt Schrap, Chris Shimoda and Peter Schneider. (IANA)

LONG BEACH, Calif. — California’s Assembly Bill 5, which affects driver classification, has been in effect for 2½ months, and fleets are subject to enforcement. Experts discussed the ramifications at IANA Intermodal Expo 2022.

Mindy Long | Special to Transport Topics
September 16, 2022
Business, Logistics, For-Hire

FedEx Tumbles After Pulling Annual Earnings Forecast

FedEx truck Christopher Dilts/Bloomberg

FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.

Richard Clough | Bloomberg News
September 16, 2022
Government, Technology, Equipment, Safety, Logistics

DOT Awards $1.5 Billion in Federal Infrastructure Grants

TCA Workers load produce onto trucks for transport at the Hunts Point Terminal Produce Market. One grant will go to updates and expansions at the site. (John Taggart/Bloomberg News)

More truck parking spaces in Florida and Tennessee along with supply chain improvements for Mexico’s ports of entry in California, New Mexico and Texas are among winning projects nabbing $1.5 billion in federal infrastructure grants.

Noël Fletcher | Staff Reporter
September 16, 2022
Government, Business, Technology, Equipment, Logistics

Intermodal Industry Continues to Adapt as It Meets Shifting Demands

IANA panel John Larkin, strategic adviser for Clarendon Capital (left), moderated the opening general session, which included Evan Armstrong, Larry Gross, Lars Jensen and Tim Denoyer. (IANA)

LONG BEACH, Calif. — Throughout 2022, the intermodal industry has responded to shifting consumer demand, supply chain disruptions, shipper demands and more.

Mindy Long | Special to Transport Topics
September 15, 2022
Government, Business, Equipment, Safety, Logistics

Congressional Leaders Praise Tentative Rail Labor Agreement

BNSF A BSNF train on the tracks. (Daniel Acker/Bloomberg News)

The announcement of a tentative rail labor agreement was viewed as a positive sign by senior policymakers on Capitol Hill on Sept. 15.

Eugene Mulero | Senior Reporter
September 15, 2022
Business, Logistics

CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO

A CSX freight locomotive with an inset of Joseph Hinrichs A CSX freight locomotive with an inset of Joseph Hinrichs. (Luke Sharrett/Bloomberg News)

CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.

Keith Naughton | Bloomberg News
September 15, 2022
Government, Business, Logistics, For-Hire

Hiring for Uncertain Holiday Season Continues

UPS holiday delivery UPS Inc.

Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.

Connor D. Wolf | Staff Reporter
September 15, 2022
Business, Safety, Logistics

China COVID Lockdown Threatens US Trucking Sector

COVID-19 swab testing in Shanghai Health care workers give Shanghai residents COVID-19 swap tests in July. The city has (Qilai Shen/Bloomberg News)

China has put several cities back into lockdown because of coronavirus, which could disrupt shipments headed for the U.S.

Connor D. Wolf | Staff Reporter
September 15, 2022
Government, Business, Logistics, Breaking News

Rail Strike Averted as Unions Agree to Deal

A CSX locomotive A CSX locomotive is coupled to railway cars in Selkirk, N.Y., Sept. 14. (Hans Pennink/Associated Press)

A deal has been reached between union workers and six Class I railroads, averting a threatened strike that could have snarled the nation’s freight and passenger rail service.

Dan Ronan | Senior Reporter
September 15, 2022