Trump Says He’ll Quit NAFTA If New Deal Can’t Be Reached
U.S. President Donald Trump is renewing his threat to quit NAFTA, after his economic adviser earlier this week said he wouldn’t.
June 8, 2018Infographic: 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.
KLLM Announces Another Pay Increase for Drivers
KLLM Transport Services will institute another pay hike for company drivers, bringing the increase to 30% in just the past eight months, the Jackson, Miss.-based over-the road carrier announced.
June 8, 2018As Economy Heats Up, Truck Driver Shortage Burns More Companies
A strengthening economy has its downsides. Just ask United Natural Foods Inc.
June 8, 2018Institutional Funds Invest in GCT Global Container Terminals
IFM Investors and British Columbia Investment Management Corp. became equity investors in GCT Global Container Terminals Inc., an operator of four North American container terminals. IFM acquired a 37.5% holding, and BCI acquired a 25% stake. The value of the investments was not released. The purchases are subject to regulatory approvals.
June 8, 2018Roadcheck Focuses on Fatigued Truck Drivers
BRANDON, Iowa — Officer Chris Wicklund with the Iowa Department of Transportation’s Motor Vehicle Enforcement Agency peered into the red Kenworth’s engine, slid under the semitrailer on a mechanic’s creeper and checked the driver’s log book.
June 7, 2018Texas Planning Group Outlines Regional Freight Corridor
In Texas, Sherman-Denison Metropolitan Planning Organization officials expect to present the draft version of a regional freight corridor plan later this summer.
June 7, 2018Union Pacific, Switchman With Arthritic Knees Settle Discrimination Suit
Union Pacific and a former switchman at the railroad’s Grand Junction, Colo., rail yard have settled for an undisclosed amount his allegations that he was discriminated against because he has arthritic knees, the parties told Bloomberg on June 6.
June 6, 2018US, China Barter on Trade Gap as Tariff Deadline Nears
The United States and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the United States finalizing a deal to allow China’s ZTE Corp. to resume purchases from American suppliers.
June 6, 2018US Trade Gap Narrows to Seven-Month Low on Record Exports
The U.S. trade deficit narrowed to the lowest level since September as exports rose to a record, amid Trump administration tariffs and trade threats that risk hurting global commerce.
June 6, 2018UPS Workers Authorize Union to Call First Strike Since 1997
UPS Inc. workers authorized their union to call what would be the first strike since 1997, giving negotiators more leverage in talks to replace a labor contract that expires at the end of July.
June 5, 2018