Transport Topics
Ocean Shippers' Capacity Exceeding Cargo Demand
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Container lines around the world continue to add shipping capacity faster than cargo demand grows, increasing long-standing pressure to reduce freight rates and slash costs, industry experts said.
FRA Says it Will Levy Fines for PTC Violations, Effective Jan. 1
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The Federal Railroad Administration signaled that effective Jan. 1 it would begin levying fines against freight and passenger railroads if their positive train control projects are not completed.
GE Announces Fleet Sales Deals With Element, Arval
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GE announced an agreement to sell its fleet business in the U.S. and other countries to Element Financial Corp. for $6.9 billion as the seller exits the trucking business to focus on other industrial sectors.
Obama Signs Two Bills, Advancing Trade Plan
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President Obama signed two pieces of legislation June 29 that together will allow him to move his trade agenda forward and continue negotiating the Trans-Pacific Partnership free trade agreement.
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.