Transport Topics
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The International Brotherhood of Teamsters is concerned about a proposed change at XPO Logistics that would increase the maximum number of shares it can issue as compensation 400%, from 500,000 shares to 2.5 million, the union wrote in a Dec. 1 letter to the company's board of directors.
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Lawmakers in High Point, North Carolina, are wooing Total Quality Logistics into their city, voting Nov. 21 to offer $70,000 of performance-based incentives if the company were to open an office and hire 70 employees over five years.
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Consumer confidence rose more than previously reported to a six-month high in November, showing Americans became more optimistic about their finances and the economy after Donald Trump won the presidential election.
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Navistar Inc. has expanded its Fleetrite aftermarket brand of all-makes parts to include more than 70 collision-replacement products.
West Virginia Trucking Association members receive a 2.7% discount
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