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U.S. Transportation Secretary Anthony Foxx has announced that 52 transportation projects in 37 states will receive a total of approximately $474 million from the U.S. Department of Transportation’s Transportation Investment Generating Economic Recovery 2013 discretionary grant program, also known as TIGER.
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The Timken Company's board of directors has approved a plan to pursue a separation of the company's steel business from its bearings and power transmission business through a spinoff, creating two publicly traded companies.
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Although a "cavalcade of regulations" is expected to make it harder than ever to find drivers, an economy that continues to grow at a sub-potential rate means fleets don't have a lot of leverage when it comes to raising rates, according to John Larkin and fellow transportation analysts at the Stifel Nicolaus investment firm.
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The Federal Motor Carrier Safety Administration is setting an Oct. 1 deadline for compliance with new requirements for brokers and freight forwarders. In a Federal Register notice Thursday, the agency laid out its plan for implementing the terms of last year’s highway law, including a $75,000 bond requirement.
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Load availability on one of the nation’s largest spot freight markets shifted into high gear last week, but rates did not follow along.
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The Federal Motor Carrier Safety Administration is testing a new approach to screening new entrants into the business, in hopes of saving money and improving efficiency. In July the agency began a year-long test of a pre-screening process designed to identify high-risk applicants that need an on-site safety review and give low-risk applicants a way to file their information electronically.
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Truckload Carriers Association is asking for nominations for its 6th Annual Best Fleets to Drive For survey and contest. Company drivers and owner-operators may nominate trucking companies through 5 p.m. on Nov. 1.
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Help Inc., the public-private partnership that provides PrePass and other truck safety services throughout North America, elected new officers and executive committee members during its 20th Annual Meeting in Park City, Utah last week.
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The average marginal cost per mile in 2012 was $1.63, a slight decrease from the $1.71 found in 2011, according to the American Transportation Research Institute's latest update to An Analysis of the Operational Costs of Trucking.
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Truck Bodies and Equipment International Inc. has hired Henry Bell to the newly created position of vice president, sales and marketing for all TBEI brands.
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