Shipowner and operator Rickmers Maritime shut down its business and sold off its entire fleet after a last-ditch debt restructuring deal was rejected by its major creditors.
Susana Gonzalez/Bloomberg News
An entry-level driver training rule for truck drivers went into effect June 5 after it had been delayed multiple times.
Luke Sharrett/Bloomberg News
USA Truck Inc. in Van Buren, Ark., has hired veteran trucking pricing professional Rick Hainlen as vice president of revenue operations.
The push to raise the state gas tax died because the Louisiana House has turned into a "toxic mix" that features a "total lack of leadership," a veteran lobbyist told allies in a memo.
President Donald Trump will send Congress a proposal to hand over control of the U.S. air-traffic control system to a nonprofit corporation, part of a weeklong push for his infrastructure plan, said Gary Cohn, the White House's chief economic adviser.
Olivier Douliery/Abaca Press/TNS
Industries making up the bulk of the U.S. economy continued to expand at a solid pace in May, adding to signs of steady growth this quarter, a survey from the Institute for Supply Management showed June 5.
Craig Warga/Bloomberg News
Three decades ago, an experimental Mercedes-Benz van managed to steer, brake and accelerate on its own. But after the technology was refined enough to put an S-Class sedan through its paces on a highway around Paris in 1994, it was largely set aside as commercially unviable.
David Paul Morris/Bloomberg News
Trailer dealership Northeast Great Dane announced that longtime partner John Gendelman has been promoted to president of the company. Tom Leuner, its former president, will become CEO.
Diversified manufacturer Federal Signal Corp. announced that it has completed the acquisition of Truck Bodies and Equipment International, a leading U.S. manufacturer of dump truck bodies and trailers for Classes 3-8 vehicles.
The U.S. average retail price of diesel dipped 0.7 cent to $2.564 a gallon, the Department of Energy reported June 5.
Despite some concerns in recent weeks about the health of CSX CEO Hunter Harrison, 72, shareholders overwhelmingly approved a resolution to pay him $84 million to recoup money he forfeited when he left Canadian Pacific Railway in January.
Norm Betts/Bloomberg News
The United States fell out of the top three in a global competitiveness ranking, as executives’ perception of the world’s biggest economy deteriorated after Donald Trump’s election as president.
John Sommers II for Transport Topics
Two of the top retailers plan on opening large distribution centers and creating more than 1,500 jobs in supply chain warehousing.
Chris Ratcliffe/Bloomberg News
Matheson Inc., a privately held company that specializes in small parcel delivery, has hired Mark Evans as chief financial officer.
Dickinson Fleet Services, along with majority shareholder Ridgemont Equity Partners, completed the acquisition of Reliable Mobile Service.
Dickinson Fleet Services
As tightening federal greenhouse gas emission standards are pushing trucking toward low-rolling-resistance tires for trucks and trailers, several fleets are re- porting mixed results on the fuel efficiency, cost, durability and even safety of these tires.
Yokohama Tire Corp.
Tire makers say they continue to develop more fuel-efficient products ahead of tighter greenhouse gas emissions standards.
A comprehensive National Academy of Sciences study of the federal Compliance, Safety, Accountability program likely will recommend sweeping changes to the program that is slated to play a significant role in how federal regulators assign motor carrier safety ratings, according to executives who have been following public proceedings about the research.
Oklahoma Highway Patrol
Secretary of Transportation Elaine Chao is headed to Capitol Hill to field questions from senators critical of the Trump administration’s 10-year infrastructure plan and proposal to reduce funding for transportation programs.
Andrew Harrer/Bloomberg News
For the past nine years, we’ve been running the annual Best Fleets to Drive For program in partnership with Truckload Carriers Association. Every year, we learn what fleets are doing for their drivers. We interview fleet management and survey drivers. We learn what works and what doesn’t. And we see trends.