Estes Express IT System Fully Restored, COO Says
Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.
UPS Reports Lower Earnings on Labor Deal Costs
UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.
Economy Accelerated to a Strong 4.9% Rate Last Quarter
WASHINGTON — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied rising interest rates to spend at a brisk pace.
Port Leaders See Viability of Inland Facilities
AURORA, Colo. — As land around the nation’s congested seaports gets more expensive, executives at AAPA’s annual convention said a viable option is to develop inland p
Ford, UAW Reach Tentative Deal
DETROIT — The United Auto Workers union said Oct. 25 it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old stri
Canadian Pacific Earnings Fall, 2023 Outlook Revised
Railway operator Canadian Pacific Kansas City Ltd. said a weakening economy and spate of labor disruptions weighed on freight volumes in the third quarter more than management anti
House Transportation Lawmakers Spotlight Highway Trust Fund
Transportation leaders in the U.S. House of Representatives recently raised awareness about the funding needs of an account central to highway projects.
Republican Mike Johnson Elected Speaker of the House
WASHINGTON — Republicans eagerly elected Rep. Mike Johnson as House speaker on Oct. 25, elevating a deeply conservative but lesser-known leader to the seat of U.S. power and endi
Congestion Cost Trucking a Record $94.6 Billion in 2021
Snarled traffic added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according to a study by the American Transportation Research Institute
FBI Analyst Stresses Trucking Cybersecurity Importance
HOUSTON — An FBI cyberintelligence specialist stressed the importance of trucking cybersecurity to the health of the economy during an Oct. 23 presentation.