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The post Daily Infographic: Mexican authorities recorded 142 tractor-trailer thefts in April appeared first on FreightWaves.
The post Daily Infographic: Mexican authorities recorded 142 tractor-trailer thefts in April appeared first on FreightWaves.
Trimble Inc. posted second-quarter earnings that beat analyst expectations as the technology company reported year-over-year (y/y) growth in its buildings/infrastructure and transportation units. “In transportation, the market remains challenging with the soft freight market pressuring carriers to streamline their operations for cost savings to increase asset utilization and increase the productivity of their nondriver workforce,”…
Former NFL star Desmond Clark admits his journey from the gridiron as a 12-year veteran, playing seven of those years as a tight end for the Chicago Bears to starting his own brokerage, Bear Down Logistics, has been challenging but said he was determined to succeed in this tumultuous freight market. At FreightWaves’ Future of…
Norfolk Southern Corp. on Wednesday defended the composition of its board of directors and did not address the fate of CEO Alan Shaw, who is the subject of an activist group’s efforts to remove him and replace him with Jim Barber, a former top UPS Inc. executive. In a lengthy letter to shareholders, the Atlanta-based…
Memphis, Tennessee-based intermodal logistics provider IMC Logistics has acquired American Pacific Transportation, boosting the company’s drayage truck capacity across California. “As a result of this acquisition, we will have more than 500 trucks in California, signifying our commitment to our customers in this region,” Joel Henry, IMC’s CEO, said in a news release. American Pacific…
Norfolk Southern President and CEO Alan Shaw didn’t start out working for the railroads. Shaw graduated from college with a degree in aerospace engineering and one of his first jobs was working in shipbuilding in Newport News, Virginia. In late fall 1989, about the time of the fall of the Berlin Wall, Shaw had gotten…
The Teamsters union said Wednesday that a strike authorization had been approved by members covered under ABF Freight’s national master freight agreement. The action is likely a negotiating tactic on the part of the union and a sign of potential next steps if talks between the two parties are unable to yield a new agreement….