Transport Topics (Nov. 3, 2022)
The Federal Reserve pumped up its benchmark interest rate Nov. 2 by three-quarters of a point for a fourth straight time, but hinted that it could soon reduce the size of its rate hikes.The Fed’s move...
3 Nov 20223min
Transport Topics (Nov. 2, 2022)
XPO Logistics Inc. turned its tech-enabled brokered transportation platform into an independent, publicly traded company Nov. 1. The new company, named RXO, will broker truckload freight via a proprie...
2 Nov 20223min
Transport Topics (Nov. 1, 2022)
Eyes are back on the rail industry, as a number of groups in the transportation sector last week signed onto a letter urging the White House to continue to seek a settlement in the Class I rail contra...
1 Nov 20223min
Transport Topics (Oct. 31, 2022)
No tricks here on Halloween, just treats for Universal Logistics, which on Friday reported all-time records for total operating income and earnings per share during the third quarter of 2022. The Warr...
31 Okt 20223min
Transport Topics (Oct. 28, 2022)
The Justice Department is probing potentially misleading statements by electric car maker Tesla and its executives about the automobiles’ autonomous capabilities, according to a source who asked not t...
28 Okt 20223min
Transport Topics (Oct. 27, 2022)
The Port of Philadelphia will have less truck congestion and more capacity thanks to a $20.3 million federal infrastructure grant award. “We receive calls daily from shippers looking for dry storage. ...
27 Okt 20223min
Transport Topics (Oct. 26, 2022)
SAN DIEGO — American Trucking Associations revealed Oct. 25 that it estimates the shortfall of professional drivers has decreased slightly to 78,000 for this year. That’s down from an original estimat...
26 Okt 20222min
Transport Topics (Oct. 25, 2022)
SAN DIEGO — American Trucking Associations President Chris Spear highlighted a string of victories the federation achieved in the past year during his annual state-of-the-industry address at the ATA M...
25 Okt 20223min
