Daily Infographic: 3 reasons you won’t want to miss the Future of Supply Chain
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FMCSA wants more regulation of tests for new truck drivers
WASHINGTON — Concerns about fairness and fraud are part of a new report to Congress outlining regulators’ rationale for not making permanent a waiver providing flexibility on how truck drivers’ CDL knowledge tests are administered. Instead, the Federal Motor Carrier Safety Administration is moving ahead on plans for new testing oversight standards in an upcoming…
Fewer FedEx flights raises red flag for fourth-quarter earnings
Morgan Stanley on Thursday lowered profit expectations for FedEx for the fiscal year fourth quarter that just ended, partially because of a double-digit decline in domestic flight activity, an indicator that the company moved significantly fewer parcels than previously assumed. The global financial services company also warned FedEx (NYSE: FDX) revenues could be more important…
Fear of catastrophic shipping accidents rises despite safety gains
The Pablo, a 26-year-old tanker engaged in the sanctioned “shadow” crude trades, exploded off the coast of Malaysia in early May, killing three crew. Older tankers that would normally be scrapped are now earning top dollar carrying crude and diesel for Russia. By some estimates, a tenth of the global tanker fleet is now involved…
Atlantic truckers welcome coming Port of Halifax rail link
A new rail line between two container terminals is expected to alleviate heavy truck congestion in downtown Halifax, and the head of the Atlantic Provinces Trucking Association (APTA) is “cautiously […]