Truckload operator The Dart Network is raising pay for its company drivers and owner-operators, joining a growing legion of carriers boosting pay to attract truck drivers.
Rising volumes propelled FedEx profit up 23 percent year-over-year to $616 million in its second quarter ended Nov. 30, the second-largest U.S. transport operator reported today.
An American Trucking Associations survey of 130 trucking companies places median truck driver pay in a range from $46,000 to $73,000 a year, depending on the type of company they work for and freight they haul.
Container terminals in the Port of New York and New Jersey will close on Christmas Eve and Christmas Day but will be open for regular hours on Friday, Dec. 26.
U.S. intermodal trains on average are moving faster, but they still have a ways to go before delivering the level of service shippers had come to expect before last winter.
Encouraged by strong manufacturing activity and freight demand, less-than-truckload carriers are raising their non-contract and contract rates. Old Dominion Freight Line is the latest LTL carrier to issue an average general rate increase of 4.5 percent effective Jan. 5.
Federal regulators are proceeding with a negotiated rule-making on minimum national truck driver training standards, the Federal Motor Carrier Safety Administration said Dec. 12.
New data from a laboratory study shows Port of Oakland is nearing its goal of reducing emissions at the port by 85 percent by 2020.
Con-way Freight workers in Miami Lakes, Florida, voted to join the Teamsters union, making their facility the third in Con-way's LTL network to go union. Three other terminals have rejected the Teamsters.
Truckload carriers are increasingly optimistic about 2015, with 76 percent expecting freight volumes to increase and 86 percent forecasting higher rates, according to a Transport Capital Partners survey.