Industry News
February 22, 2012
February 22, 2012 Provided by Transportation Intermediaries Association (TIA) The Transported Asset Protection Association (TAPA) has launched new security requirements to fight crime on international highways. The new Trucking Security Requirements (TSR) took effect on January 1, 2012, and requires a mandatory certification for all their members. In regards, to non-asset based Logistics Service Providers [...]
December 1, 2011
The railroads have been working with the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the American Train Dispatchers Association (ATDA) to join an offer to extend the cooling off period that was accepted by the Brotherhood of Maintenance of Way Employees (BMWE). Under the terms of the Railway Labor Act, the current cooling off [...]
While the surge in activity in Western North Dakota has brought about 1000′s of new jobs, it has had a negative effect on the transportation industry in both service and pricing. In a market where carriers are already challenged to locate driver due to CSA requirements, many qualified drivers are leaving their positions and applying [...]
November 7, 2011
The Journal of Commerce [October 17th, 2011 V.12 N.38] Presidential intervention avoids what could be a crippling rail strike, for now. President Obama stepping into a simmering dispute between rail unions and most major railroads Oct 6th, ordering up a special review board just hours before unions could have launched strikes and rail management could [...]
The Journal of Commerce [October 17th, 2011 V.12 N38] The years-long push to offshore manufacturing and jobs to China is due to turn around in coming years, bringing factory production back to North America, according to a new study. The Boston Consulting Group says the U.S. South, along with Mexico, could be the big winner [...]
July 25, 2011
Company completes all major milestones of plan announced April 29 OVERLAND PARK, Kan., July 22, 2011 /PRNewswire/ — YRC Worldwide Inc. (Nasdaq: YRCW) announced today it has successfully closed the financial restructuring plan announced April 29, completing the last remaining milestones. YRC Worldwide has: Issued new convertible notes for the infusion of $100 million in [...]
