16 May YRC Worldwide, Teamsters Enter Into Five-Year Contract A fully ratified, five-year labor contract among less-than-truckload carrier YRC Freight, regional LTL carriers Holland and New Penn Motor Express, and the International Brotherhood of Teamsters went into effect May 14, covering an estimated 24,000 workers, YRC Worldwide announced. Read more...
16 May Tennessee Native Punches First Ticket to Nationals FedEx Freight driver Gary Luster is looking to capitalize on his first Grand Champion win that he picked up April 27 at the Tennessee Truck Driving Championships. Read more...
16 May Robots Take the Wheel as Autonomous Farm Machines Hit the Field Robots are taking over farms faster than anyone saw coming. Read more...
16 May Walmart Rises After Strong Start to Year, but Tariffs Still Loom Walmart Inc. rose after reporting sales that met analysts’ expectations. Still, concerns are growing that Chinese tariffs could soon force the retailer to raise its famously low prices or sacrifice its bottom line. Read more...
16 May Amazon Jumps Into Freight Brokerage Amazon.com has jumped into the market of the third-party logistics broker, roiling the waters and raising concern that the Seattle-based e-commerce giant could disrupt the freight industry forever and indelibly. Read more...
15 May Bill Shuster Offers Gameplan for Infrastructure Funding WASHINGTON — A bottom-up approach to funding a $2 trillion infrastructure package was suggested by Bill Shuster, former chairman of the transportation policy panel in the U.S. House of Representatives, during keynote remarks at an event hosted by the Intelligent Transportation Society of America on May 15. Read more...
15 May Self-Driving Shuttle Pulled Over in Rhode Island PROVIDENCE, R.I. — A self-driving shuttle got pulled over by police on its first day carrying passengers on a new Rhode Island route. Read more...
15 May Connecticut Gov. Ned Lamont Sets Rates for Tolls Connecticut Gov. Ned Lamont, architect of a controversial tolling plan, has offered an idea of what toll rates will look like in a recent letter to the General Assembly. In the letter, published May 9, Lamont revealed that peak rates will be set at 4.4 cents per mile. Read more...
15 May Oil Advances as Shrinking US Gasoline Supply Brightens Outlook Oil rose after a government report showed shrinking U.S. gasoline supplies, suggesting more demand ahead for crude as tensions flare in the Middle East. Read more...
15 May Ports Off to a Strong 2019 Start, but Concern Looms Over Trump Tariffs Many of the nation’s ports have reported record monthly and quarterly container volumes so far in 2019, but port executives are expressing concern that steeper tariffs on Chinese goods imposed by President Donald Trump could hurt the economy — and their facilities. Read more...