10 Apr Trucking Forecast Good in Short Term, but Recession Could Hit Before 2020 LAS VEGAS - Truckload carriers and freight brokers should see improved profits in late 2017 and early 2018, but FTR economist Noël Perry warned executives at the Transportation Intermediaries Association that they won't be as robust as earlier this decade and a recession could be looming. Read more...
10 Apr JaxPort Discussed Asking for $93 Million to $167 Million to Deepen Port JaxPort officials discussed with city administrators Jacksonville paying between $93 million and $167 million to deepen 13 miles of the St. Johns River to accommodate larger ships with more cargo, according to e-mails former port authority CEO Brian Taylor deleted from his computer during his resignation last month. Read more...
10 Apr TIA Honors Five for Industry Contribution LAS VEGAS - The Transportation Intermediaries Association honored five people for their contributions to transportation and logistics and the larger community at its conference on April 7. Read more...
10 Apr Technology Hits Workers' Income Share More Than Trade, IMF Says The advance of technology is the biggest reason workers are earning a shrinking slice of the income pie, according to a new study by the International Monetary Fund. Read more...
10 Apr UPS Buys First Used Boeing 767s With New Ones Out of Reach UPS Inc. purchased its first used Boeing Co. 767s, grabbing older models that are in high demand as package shipments increase globally and production slots for new versions of the plane are sold out. Read more...
10 Apr Knight, Swift Merge to Form $5.1 Billion Truckload Carrier Knight Transportation Inc. and Swift Transportation are merging to create what they say will be the trucking industry's largest full truckload company: Knight-Swift Transportation Holdings Inc. Read more...
07 Apr Uber Tells Court That Otto's Self-Driving Sensors Aren't Stolen From Google Uber Technologies Inc. has an alibi for Alphabet Inc.'s allegations of trade-secrets theft - the ride-hailing company's driverless car technology is completely different from its rival's designs. Read more...
07 Apr FedEx's Fred Smith: 'Don't Be Afraid of Technology' Should we be worried about robots taking our jobs? Some of us, maybe - look what happened to Blockbuster video clerks - but collectively, no, FedEx chief Frederick Smith told student researchers gathered at the University of Memphis on April 6. Read more...
07 Apr Reviving Historic Richmond Marine Terminal Extends Port of Virginia as Far West 'as Deep Water Will Allow' A few months ago, the letters "O-N-D" - each maybe a foot high or so - hung high up on the front wall of a warehouse building at Richmond Marine Terminal. Read more...
07 Apr TP Commercial Solutions Offers Mixed Use Tires TP Commercial Solutions launched the TG:85 and FG:85 G:85 series tires designed for the steer and drive on-off road application, it said. Read more...