Transport Topics
Nippon Yusen to Book $1.9 Billion One-Time Loss on Shipping Woes
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Nippon Yusen KK, Japan's largest shipping company by sales, will book a record one-time loss for its shipping and air-cargo divisions as freight rates remain depressed amid global overcapacity.
Schneider Plans IPO
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Privately held Schneider announced plans to do an initial public offering of its shares next year, becoming the last of the 10 largest North American trucking companies to take that approach to funding operations and expansion.
Future Transportation System Must Accommodate Freight Increase, Foxx Says
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In the coming decades, consumer demand for goods and services will lead to a sharp increase of trucks on the country's roadways, prompting a need for greater capacity, the nation's top transportation official told an audience in downtown Washington, D.C., on Sept. 28.
Love's to Expand Truck Maintenance Services
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Love's Travel Stops & Country Stores Inc. will expand its truck maintenance program at all of its truck stops nationwide to include services related to fluids, filters and lubes, in addition to existing truck tire care and light mechanical options.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.