01 May John Smith Appointed Mike Ducker’s Successor as FedEx Freight President, CEO Transportation industry veteran John Smith will become president and CEO of FedEx Freight on Aug. 16, moving up from his position as senior vice president of operations at the FedEx Corp. subsidiary. Read more...
01 May Danish Freight Forwarder DSV Assesses Trump’s Tariff Threats One of Europe’s biggest trucking companies is trying to figure out how its business will be affected by a potential tariff war between the United States and the European Union. Read more...
01 May Trump’s China Tariffs Risk Costing US Jobs, New Study Shows President Donald Trump said his trade actions may cause “a little pain” in the short term, and a new study shows U.S. agricultural workers could be hurt the most. Read more...
01 May US Economy Hits Milestone as Fed Tries to Keep Growth Rolling With the calendar’s turn from April to May, the U.S. economic expansion has become the nation’s second-longest on record. Read more...
01 May Freight Forwarder DSV Says Technology Gives It Edge Over Amazon Amazon.com may be about to dramatically reshape the $500 billion freight-forwarding market. But not all businesses it is competing with will be hit equally hard. Read more...
30 Apr Allison Transmission Income, Revenues Jump in First Quarter Allison Transmission reported first-quarter 2018 net income of $151 million, or $1.09 per share, up 82% from the $83 million, or 53 cents per share, of net income reported in the first quarter of 2017. Read more...
30 Apr Diesel Rises Again, Adds 2.4¢ to Reach $3.157 a Gallon The U.S. average retail price of diesel fuel rose 2.4 cents to $3.157 a gallon, the sixth straight week that the trucking industry’s main fuel has increased in price, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration. Read more...
30 Apr Drive Train Industries, Inland Truck Parts Announce Merger Two longtime employee-owned rivals have signed an agreement to merge after working independently in the truck parts and service business since the end of World War II. Read more...
30 Apr Deaf Washington Man Finally Can Follow in Grandfather’s Footsteps as a Truck Driver Justin Brooks has dreamed of the open road since he was a young child, riding along in the front seat of his grandfather’s truck on shipping routes. Read more...
30 Apr FedEx Office Imposes Photo ID Policy in Response to Austin Bombings FedEx Office has started asking customers to show photo identification when mailing packages from one of its 1,900 stores. Read more...