18 Jan Aljex Partners With BAM Worldwide on Cash Management Aljex Software has partnered with BAM Worldwide to provide an integrated cash management platform for freight brokers, carriers and third-party logistics providers. Read more...
18 Jan Port of Corpus Christi Rail Yard Improvements Near End The Port of Corpus Christi's yearslong effort to modernize its 43-mile rail network will wrap up in four months, just ahead of the grand opening of M&G Resins' massive plastics plant, port officials said Jan 17. Read more...
18 Jan Consumer Prices Rise for Fifth Month on Shelter, Gas The cost of living in the United States climbed for a fifth month on the back of shelter and fuel prices, pushing inflation closer to the Federal Reserve's goal. Read more...
18 Jan MyLumper Offers Electronic Payment for Lumper Fees Technology startup MyLumper has introduced an electronic payment platform for lumper fees designed to reduce driver stress and prevent fraud. Read more...
17 Jan VP-Elect Mike Pence Tells Mayors to Expect 'Big' Infrastructure Bill WASHINGTON - The country's next vice president arrived at the U.S. Conference of Mayors' annual meeting Jan. 17 to deliver a message from, who else, President-elect Donald Trump. Read more...
17 Jan CSX Reports Lower Earnings In Fourth Quarter But Matches Analyst Forecasts CSX Corp. reported weaker earnings in the fourth quarter than the same period in 2015, although the freight carrier met analyst estimates compiled by Bloomberg News. Read more...
17 Jan Ted Scott, ATA Director of Engineering, Dies at 71 Ted Scott, director of engineering for American Trucking Associations and a former director of government relations for less-than-truckload carriers Roadway Express and YRC Worldwide, died Jan. 10 after a brief battle with pancreatic cancer. He was 71. Read more...
17 Jan Diesel Price Reverses, Declines 1.2¢ to $2.585 The U.S. average retail price of diesel fell 1.2 cents to $2.585 a gallon, while oil prices hovered near $52 a barrel and the glut in crude inventories continued, even with cuts in production. Read more...
17 Jan Railroad Profit Rebound Plays Catch-Up to Yearlong Stock Surge With U.S. railroads forecast to report their first earnings growth since 2015, a stock rally that began in anticipation of the profit rebound is looking overdone. Read more...
17 Jan Driver Cameras Keeping Some Trucking Companies Out of Court Ten years ago, if an 18-wheeler was involved in an accident, the trucking company could end up paying, even if the truck driver was not at fault. Read more...