06 Nov Tom Carper, Other Transportation Policymakers Fend Off Challengers The leadership of the surface transportation panel in the U.S. Senate and other senior freight policymakers were among candidates cruising to victory Nov. 6 in the first midterm elections of President Donald Trump’s tenure. Read more...
06 Nov Daseke’s Acquisition Strategy Key as 3Q Revenue Hits Record $461.6 Million Flatbed and specialized carrier Daseke Inc. reported Nov. 6 that third-quarter revenue increased 99% to $461.6 million, compared with $231.3 million in the same period last year. Read more...
06 Nov Outfitted Kenworth W990 to Set Off With Capitol Christmas Tree A new Kenworth W990 has the honor of hauling the 54th U.S. Capitol Christmas Tree. The approximately 3,000-mile journey to Washington will start Nov. 9. Read more...
06 Nov Intermodal Shipments Up 4.7% in Third Quarter Intermodal shipments grew 4.7% in the third quarter as companies stepped up imports ahead of promised U.S. tariffs on foreign goods and domestic shippers shifted from highway to rail in response to rising freight rates and constraints on truck capacity. Read more...
06 Nov Inspectors Take Nearly 5,000 CMVs Off the Road During Brake Safety Week Law enforcement personnel in 57 jurisdictions throughout the United States and Canada took nearly 5,000 commercial motor vehicles off the road for “critical brake violations” during a weeklong focused brake enforcement effort in September, the Commercial Vehicle Safety Alliance announced Nov. 6. Read more...
06 Nov TravelCenters of America Reports Mixed 3Q Results TravelCenters of America reported higher third-quarter revenue and a net loss tied to the sale of its convenience store business. Read more...
06 Nov Job Openings Drop From Record; Quit Rate Stays Elevated U.S. job openings fell in September from a record in the previous month while Americans continued to voluntarily leave their positions at the highest rate since 2001, Labor Department data showed Nov. 6. Read more...
06 Nov Walmart Surpasses Amazon as Online Shoppers’ Most Popular Grocer Look out, Amazon: Walmart is coming to steal your lunch — and maybe dinner too. The world’s largest retailer has surpassed the e-commerce giant in a survey of online food shoppers, more of whom said they most recently visited Walmart’s site for groceries. Read more...
06 Nov Brandt Group Acquires Camex The Brandt Group of Cos. has announced it is expanding into the specialty transportation equipment industry with the acquisition of Camex Equipment Sales & Rentals, an Edmonton, Alberta-based firm. Read more...
06 Nov Expeditors International Posts Record Profits, Net Revenue in 3Q Expeditors International of Washington Inc. achieved record profits and net revenue in the third quarter as the Seattle-based air and ocean freight forwarder benefited from lower taxes and kept ahead of rising transportation costs in a tight-capacity market. Read more...