06 Jun Officials Monitor Damage as Floods Continue to Devastate Transportation Systems and Farms Federal officials continue to monitor central states that have been rocked by severe storms, which have damaged infrastructure and saturated swaths of farmland. Read more...
06 Jun Baltimore’s Tradepoint Atlantic Intermodal Facility Transforms Old Bethlehem Steel Site In 2014, Tradepoint Atlantic bought the waterfront Sparrows Point in Baltimore site for a bargain-basement price of $110 million. It’s now being turned into what will be more than a $2 billion multimodal facility serving the East Coast and Midwest. Read more...
06 Jun FedEx Drivers Dominate at Vermont and New Hampshire Truck Driving Championships The petite states of Vermont and New Hampshire successfully hosted 56 drivers at the combined State Truck Driving Championships in Pembroke, N.H., June 1. Vermont had 18 competitors and New Hampshire had 38. Read more...
06 Jun Exports, Imports Plummet as US Trade Deficit Narrows The U.S. trade deficit narrowed in April as exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods. Read more...
06 Jun May Class 8 Orders Plummet to Nearly Three-Year Low U.S. Class 8 orders in May fell to 10,800, the lowest point in nearly three years, ACT Research reported, and once-scarce 2019 production slots opened. Read more...
05 Jun GM’s Mark Reuss: Electric Cars Will Be Average Cost — and Profitable General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at “very average transaction prices” and be profitable, GM President Mark Reuss said in a presentation June 5. Read more...
05 Jun Wilson Logistics Acquires Market Transport and Larger West Coast Portfolio Wilson Logistics said it has purchased Market Transport, a DSV Global Transport and Logistics subsidiary. Read more...
05 Jun Federal Regulators Report Progress on Railroads’ PTC Implementation The country’s rail operators continue to show progress with the implementation of automatic braking technology that Congress mandated in an effort to enhance safety, federal regulators announced recently. Read more...
05 Jun Port Tampa Bay Finishes Deepening, Hopes for More Cargo Port Tampa Bay completed a $63 million expansion of its Big Bend Channel a year ahead of schedule, port officials said, as the Sunshine State eyes grabbing more freight from shippers while serving a growing distribution corridor in Central Florida. Read more...
05 Jun California Legislation to Codify ABC Employee-Contractor Test Gains Approval of State Assembly Legislation has passed in California’s State Assembly that would mandate use of the so-called “ABC test” that legal experts say makes it extremely difficult, if not impossible, for motor carriers to use independent contractors. Read more...