11 Oct Editorial: Making Life Easier on the Road It’s no secret that finding and retaining good truck drivers is a challenge for fleets, but recent reporting has taught us that there are simple options for improving drivers’ quality of life on the road. Read more...
11 Oct Grammer Industries Looks to Expand After Buyout by Stellex Capital Management The family of Charles “Shorty” Whittington and a group of top executives at Grammer Industries Inc. have teamed with Stellex Capital Management to acquire the bulk chemical hauler from another investment firm, Linx Partners. Read more...
11 Oct Gas Flow Resumes After Canada Pipe Rupture Hits Oil Refiners Natural gas has begun flowing again on a pipeline in British Columbia after a rupture on an adjacent line forced oil refineries in Washington to cut output and sent gasoline prices soaring up and down the West Coast. Read more...
11 Oct Economy Puts New Demands on Logistics Firms, Surveys Find A robust economy is placing new demands on third-party logistics service providers, based on survey results from two long-running university-sponsored studies released at the Council of Supply Chain Management Professionals annual conference in Nashville, Tenn. Read more...
11 Oct Spanish Trucking, Logistics Firm Builds North American Hub in Chattanooga Grupo Sesé, a major Spanish trucking and logistics company that handles the freight of many major European companies including Volkswagen, came to Chattanooga, Tenn., in late 2012 to serve VW’s U.S. assembly plant. Read more...
11 Oct Oil Falls Most in Eight Weeks as Investors Avoid Risky Assets Crude posted the biggest decline in eight weeks as a risk-off sentiment spread through global markets. Futures tumbled 3% in New York on Oct. 11. Investors eyed a sixth day of U.S. equity losses along with heightened volatility. Read more...
11 Oct Hurricane Michael Cuts Swath of ‘Unimaginable Destruction’ PANAMA CITY, Fla. — The devastation inflicted by Hurricane Michael came into focus Oct. 11 with rows upon rows of homes found smashed to pieces, and rescue crews began making their way into the stricken areas in hopes of accounting for hundreds of people who may have defied evacuation orders. Read more...
11 Oct Teamsters Ratify Five-Year Contract With UPS The International Brotherhood of Teamsters has ratified a new five-year contract with UPS Inc. for the company’s estimated 255,000 drivers and other employees who handle small freight. Read more...
11 Oct Supreme Court Case Could Block Motor Carriers From Using Arbitration for Contractor Disputes Legal observers said the outcome of a case before the U.S. Supreme Court could have major implications for the trucking industry. Read more...
11 Oct Self-Dimming Headlights Could Be Coming to US U.S. auto safety regulators are moving to allow a new generation of brighter, self-dimming headlights that won’t blind other drivers on the road ahead. The National Highway Traffic Safety Administration is proposing to permit so-called adaptive driving beam headlights on new cars according to the agency. Read more...