UPS Expands, Renames Earliest Delivery Service to Next Day Air Early
UPS Inc. has expanded its earliest small-package delivery service and renamed the offering Next Day Air Early.
March 21, 2016High-Profile Accidents Prompt Insurers to Cut Truck Coverage
Costly, high-profile accident losses are transforming the trucking insurance market, potentially raising costs and tightening pressure on fleets to improve safety and reduce risk, industry experts said.
March 21, 2016FedEx’s Profits Increase 18% On Growth at Express Unit
FedEx Corp. last week said its fiscal third-quarter net income rose 18% to $692 million, or $2.51 per share, excluding one-time costs and powered solely by higher profits at its Express unit.
March 21, 2016TCA Changes Weight Policy, Breaking With ATA on Issue
LAS VEGAS — The Truckload Carriers Association has changed its truck weight policy, breaking with American Trucking Associations on the issue and putting the groups at loggerheads for the second time in several months.
March 14, 2016E-Logging Mandate Will Tighten Capacity, Prompt More Shipper-Fleet Cooperation
LAS VEGAS — Shippers that capitalize on today’s looser capacity environment by insisting on rate reductions instead of maintaining long-term carrier relationships can expect difficulty finding trucks when electronic logging devices become mandatory late next year, industry experts said.
March 14, 2016New Lease Accounting Procedures Require Fleet Review, Experts Say
Long-awaited nationwide lease accounting standards will require fleets to take a close look at their accounting procedures to assess how the changes affect their financial decisions, industry experts said.
March 14, 2016FedEx Freight Ordered to Bargain With Teamsters at Two Terminals
The Eighth Circuit Court of Appeals ordered FedEx Freight to recognize and bargain with Teamster locals at two terminals, siding with a National Labor Relations Board ruling to that effect.
March 11, 2016Port Truckers See ‘Daunting Task’ to Comply With International Container Weight Rules
Truckers who work at ports fear costly delays and hampered operations will result when new international rules requiring verified weights for all ocean container cargo take effect July 1.
March 7, 2016Tonnage Index Drops 1.4%
Truck tonnage remained in the doldrums last month, falling 1.4% from December and showing no increase on a year-over-year basis as inventory and winter weather weighed down the results, American Trucking Associations reported.
February 29, 2016XPO Posts Wider 4Q Loss, Sees Progress on Con-way Integration
XPO Logistics’ fourth-quarter earnings report last week provided the first real glimpse into its long-term financial performance after the 2015 acquisition spree that quadrupled revenue and saw it scoop up Con-way Inc., its largest asset and a major potential profit center.
February 29, 2016