Transport Topics
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For-hire trucking added 3,400 jobs in August, and the unemployment rate held steady at 4.9%, the Labor Department reported Sept. 2.
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Truckers who are being challenged on multiple fronts by bankrupt Hanjin Shipping's stranded cargo that they already have are facing additional obstacles as U.S. ports take a variety of approaches to accepting or releasing the Korean carrier's goods that are on the docks or afloat nearby.
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Trucking companies are scrambling to find answers in the wake of the Hanjin Shipping bankruptcy potentially saddling motor carriers with unreimbursed costs of $100,000 or more.
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Atlas Air Worldwide Holdings Inc., a provider of outsourced aircraft and aviation operating services, has entered into a five-year agreement with FedEx Express to provide it with five 747-400 freighter aircraft for peak flying seasons beginning in 2017 and lasting through 2021.
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