27 Dec Navistar CEO Troy Clarke Says Company is Regaining Customers’ Trust Navistar International Corp. achieved profitability during its 2017 fiscal year as it battles back from sustained losses, but the company’s chief executive said it’s not all about the money. More important, he says, are the growing indications that Navistar is winning back the trust of truck buyers compared with the situation it faced when it launched a turnaround effort a few years ago. Read more...
27 Dec Death of CSX’s Hunter Harrison Prompts Question about Health Disclosures Former CSX Corp.CEO Hunter Harrison died less than one year into his four-year contract. Now questions are starting to arise about whether it was wise for the railroad to invest $84 million in the tycoon despite obvious health concerns. Read more...
27 Dec Companies Race to Create Sensors for Self-Driving Vehicles To drive a car, you need to see the world around you. But computers are blind, so autonomous cars must rely on other ways to perceive their surroundings. Read more...
27 Dec Death of CSX’s Hunter Harrison Prompts Questions about Health Disclosures Former CSX Corp.CEO Hunter Harrison died less than one year into his four-year contract. Now questions are starting to arise about whether it was wise for the railroad to invest $84 million in the tycoon despite obvious health concerns. Read more...
27 Dec Tight Capacity, ELD Mandate Send 3PL Rates Higher The new year is bringing good news to third-party logistics firms as tight capacity sends the rates they charge shippers higher and their spot market business flourishes. Read more...
27 Dec Senate Committee to Vote Again on Ray Martinez Nomination in 2018 When Congress returns in January, the Senate Commerce Committee will be tasked with reconsidering President Donald Trump’s pick to lead the Federal Motor Carrier Safety Administration, a spokesman for the committee told Transport Topics on Dec. 27. Read more...
27 Dec CSX Takes ‘Interim’ Tag off CEO Jim Foote Only two months after being hired, Jim Foote is now the top executive at CSX Corp. after the unexpected death of CEO Hunter Harrison on Dec. 16. Read more...
27 Dec Penske to Assume Control of Kroger Distribution Center in Texas Penske Logistics will officially take over control of a Kroger distribution center in Texas on Dec. 29, the third-party logistics company told Transport Topics. Read more...
27 Dec Ag Retailers Apply for Waiver From ELD Mandate The Agricultural Retailers Association has requested an exemption from the electronic logging device rule that took effect Dec. 18, according to a notice published Dec. 27 in the Federal Register by the Federal Motor Carrier Safety Administration. Read more...
27 Dec Late Fees Burn Refrigerated Carriers The fines that several grocery chains have implemented for late deliveries are receiving pushback from carriers, but a concerted effort to fight the policies hasn’t materialized yet. Read more...