Air Transport Services Group, the top air cargo partner for Amazon and largest global lessor of freighter aircraft, on Tuesday named Mike Berger, the current president, to replace Joe Hete as CEO seven months after Hete stepped in to stabilize the company’s finances and stock price during a transitional period. Hete, who also serves as…
Sentiment on transportation pricing among supply chain executives flipped from contraction to expansion in May, a monthly survey showed on Tuesday. While the pricing data set inflected positively during the month, the capacity subindex stubbornly remained in growth mode as well. The Logistics Managers’ Index (LMI), a compilation of eight key components of the supply…
FreightWaves SONAR and freight audit and payments provider Cass Information Systems announced on Tuesday a channel and integration partnership at Future of Supply Chain in Atlanta. The agreement allows Cass’ customers to access industry rates for internal benchmarking purposes. Cass (NASDAQ: CASS) is now a critical channel partner for SONAR’s Supply Chain Intelligence (SCI) tool….
A federal judge has dismissed two of three claims against a boat dealer and transportation company that are being sued for $1.4 million after a yacht was destroyed in transit from North Carolina to Connecticut. According to the initial complaint filed by plaintiff Max Zach Corp. last July, the 2006 48 Fountain Express Cruiser was…
Drug and alcohol violations quickly sideline drivers, creating stress for all parties involved. When drivers fail or refuse testing – or when carriers have concrete knowledge of a driver’s illegal drug or alcohol usage – they must be immediately removed from the driver’s seat. The journey back can be daunting for drivers and carriers alike. …