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The U.S. economy is in a "golden age" of prosperity that has lasted 17 years and while there may be a recession in the next 5-10 years, the overall outlook is for steady economic growth.
Read More →"The process of moving freight--traditional trucking--is about to become a commodity, not a differentiator that is sustainable," Freightliner president/CEO Jim Hebe said addressing the recent annual meeting of TRALA.
Read More →A global alliance of all modes of transportation is evolving, and logistics will make it work, says U.S. Chamber of Commerce president Tom Donohue.
Read More →Gary Baumhover, chairman of the Truckload Carriers Assn., is urging members of TCA to vote against integration with American Trucking Assns. In a March 10 letter to TCA members, Baumhover explained that while he wants ATA to handle industry lobbying, he has a problem with ATA’s mandatory membership requirement.
Read More →The European Commission rejected AB Volvo's purchase of Swedish rival truck and bus maker Scania, citing antitrust concerns. The decision, which had been widely expected, was unanimous and followed findings that the deal would give the combined companies 50-90% market shares in a number of European Union nations.
Read More →Carriers that don’t want their financial and operating data made public will have to show more than “possible” harm, says the U. S. Department of Transportation’s Bureau of Transportation Statistics
Read More →Six of the largest truckload carriers in the U.S. have combined logistics operations into a single Internet-centered entity that could make serious waves in truck transportation markets.
Read More →FedEx Corp. has launched a new home delivery service designed to compete with rival UPS in the burgeoning e-commerce-based business.
Read More →Dana Corp. has agreed to sell its Commercial Vehicle Cab Systems Group to an affiliate of Hidden Creek Industries. Terms were not disclosed.
Read More →A Philadelphia jury last week awarded a shipper to pay $3.5 million to a truck driver who lost a leg when his tractor/trailer flipped on the Pennsylvania Turnpike and crashed head-on into another truck because its load of steel cables was improperly loaded by the shipper.
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