Business
Business, Logistics

Some Shippers Implement Longer Payment Policies

Payments Chart

Some shippers are taking longer to pay freight bills, forcing carriers and brokerage firms to accept either discounts on invoices paid within a shorter payment cycle or to absorb additional expenses associated with extending credit to customers.

Daniel P. Bearth | Staff Writer
June 27, 2017
Business

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Transport Topics
June 27, 2017
Business, Logistics

FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground

FedEx truck Christopher Dilts/Bloomberg News

FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.

Ari Ashe | Staff Reporter
June 26, 2017
Government, Business

Pence, Ryan Pledge Legislation on Infrastructure, Tax Reform

A simplified tax code for businesses and individuals would incentivize job creation and economic growth for industries such as the freight sector, the country’s vice president and top lawmaker in the U.S. House told manufacturers this month.

Eugene Mulero | Staff Reporter
June 26, 2017
Business, Logistics

May Tonnage Gains 4.8%, Reversing Downward Trend

Truck tonnage rose 4.8% in May compared with one year ago, the largest year-over-year gain since November 2016, according to the monthly American Trucking Associations index, suggesting that the freight market has tightened in recent weeks.

Ari Ashe | Staff Reporter
June 26, 2017
Business, Technology, Equipment, Safety, Autonomous

These Truckers Work Alongside the Coders Trying to Reconfigure Their Jobs

Starsky Robotics Starsky Robotics

Just before Stefan Seltz-Axmacher offers a job to an engineer at Starsky Robotics Inc., a driverless trucking startup in San Francisco, he gives them “the talk.”

Max Chafkin and Josh Eidelson | Bloomberg News
June 26, 2017
Business, Technology, Equipment

Wabco Extends Contract With Daimler Trucks for Heavy-Duty AMTs

Wabco Holdings Inc. has extended its long-term supply agreement with the company for new heavy-duty automated manual transmission control technology to support the truck maker’s series production mainly in Europe, North America, Japan and South America.

Transport Topics
June 26, 2017
Government, Business, Safety

Regulators, ATA Partner for Highway Safety Campaign

Federal trucking regulators and the association representing industry executives joined forces for a nationwide campaign meant to raise awareness about highway safety.

Eugene Mulero | Staff Reporter
June 26, 2017
Business, Fuel

EFS Launches Its Largest Discount Fuel Network

Daniel Acker/Bloomberg News

Payment solutions provider EFS launched its largest fleet savings network to give smaller over-the-road fleets a competitive edge.

Transport Topics
June 26, 2017
Government, Business, TCA

Tennessee Anticipates New Inland Port to Open Next Year

Roy Luck/Flickr

Greg Hogan, Murray County (Tenn.) Sole Commissioner, says Murray County is open for business, referring to the Appalachian Regional Port, an “inland port” under construction on 42 acres in Murray County on U.S. Highway 411.

Tim Omarzu | Chattanooga (Tenn.) Times/Free-Press
June 26, 2017

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