25 Aug Sarah Long Bridge Between New Hampshire, Maine Closes Permanently A mechanical failure in the tower on the New Hampshire side of the Sarah Long Bridge that connects Portsmouth, New Hampshire, and Kittery, Maine, has caused the 76-year-old structure to be closed permanently. Read more...
25 Aug C.H. Robinson Settles Class-Action Lawsuit on Overtime Pay C.H. Robinson Worldwide Inc. settled a class-action lawsuit with former employees in a case involving overtime wages. Read more...
25 Aug FedEx Doubles Down on Purple and Orange Chairman Frederick Smith announced to employees Aug. 24 that the company would adopt the 43-year-old FedEx combination of purple and orange as its unified color scheme. Read more...
25 Aug Mack Trucks Names New Boss for Lehigh Valley Plant Mack, on Aug. 24, announced that Rickard Lundberg has been appointed vice president and general manager of its Mack Lehigh Valley Operations plant in Pennsylvania. Read more...
25 Aug Consumer Comfort Jumps to Highest Level Since April 2015 American consumers grew more upbeat last week than at any other time since April 2015, signaling robust spending will continue amid favorable views of the buying climate and household finances, the weekly Bloomberg Consumer Comfort Index showed Aug. 25. Read more...
25 Aug Trains, Trucks and Two Tankers Involved in Perhaps Most Logistically Complex US Oil Trade Yet Mercuria Energy Group has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade ban on sales was lifted. Read more...
25 Aug Truckstop.com Hires Mark Robinson as Chief Financial Officer Truckstop.com announced that it hired Mark Robinson as its chief financial officer. Read more...
25 Aug Orders for Capital Equipment Climb by Most Since January Orders for business equipment climbed in July for a second month, advancing the most since January and indicating U.S. companies are becoming less reluctant to invest. Read more...
25 Aug Jobless Claims Decline to Lowest Level in Five Weeks The number of Americans filing applications for unemployment benefits fell to the lowest level in five weeks, another sign of endurance in the labor market. Read more...
24 Aug ATA Enhances MC&E Schedule American Trucking Associations announced Aug. 24 several additions to its annual Management Conference & Exhibition taking place Oct. 1-4 in Las Vegas. Read more...