Latest News Updates From Rip Watson

Business

Transport America Plans Public Stock Sale

Truckload carrier Transport America Inc. could become the latest publicly traded fleet after a regulatory filing that targets a $75 million stock offering.

December 19, 2013
Government, Business

Economic Growth Will Benefit Trucking in 2014, ATA’s Costello Says

The U.S. economy should pick up next year to grow at a 2.5% pace and stimulate trucking demand, American Trucking Associations Chief Economist Bob Costello said.

December 12, 2013
Business

Truckload Fleet Turnover Dips Modestly

Truckload fleets’ driver turnover dipped modestly in the third quarter, falling 2 percentage points to 97% from the second quarter at larger fleets and 8 percentage points to 74% at smaller operators, American Trucking Associations reported.

December 11, 2013
Business

UPS Teamsters Approve Large Contract Rider

Teamsters who work at UPS Inc.’s package division approved the largest remaining barriers to implementation of a national contract that is the transport industry’s largest labor deal.

December 11, 2013
Business

Arkansas Best Plans to Cut 30 Terminals

Arkansas Best Corp.’s ABF Freight System unit announced plans to cut 30 of its 277 service centers as part of an effort to improve overall service.

December 4, 2013
Business

Teamsters Leaders to Review YRC Plan

The Teamsters local leadership will meet Dec. 6 to review YRC Worldwide’s proposal for a contract extension needed to obtain long-term refinancing of $1.4 billion in debt, the company said last week.

November 27, 2013
Business, Technology, Equipment, Safety

Descartes Names Ryan to CEO Post

Edward Ryan has been named CEO of Descartes Systems Group, succeeding Arthur Mesher, the company announced Nov. 27.

November 27, 2013
Business

Maritime Agency Report Assesses Canal Expansion

The Maritime Administration has released a Panama Canal expansion report that tentatively concluded that increased competition would lower freight costs through East Coast and West Coast ports once larger ships can use the waterway.

November 26, 2013
Business, Logistics

Schneider Upgrades Mexico Intermodal Service

Schneider National Inc. is enhancing intermodal service to and from Mexico, Senior Vice President Jim Filter told Transport Topics.

November 21, 2013
Business

FedEx Freight’s Logue Urges Improvements in Freight Movement

HOUSTON — FedEx Freight President William Logue stepped beyond his role in less-than-truckload to open the convention of three trade associations here by urging attendees to redouble their efforts to overcome barriers to infrastructure, regulatory and technological barriers that slow domestic and global commerce.

November 18, 2013