CEDAR RAPIDS, Iowa — CRST International, one of the nation’s largest transportation companies, has announced the next step in its succession plan.
ARLINGTON, Va. — Today, the American Trucking Associations said the driver turnover at large truckload fleets sunk 10 percentage points to an annualized rate of 71 percent, the lowest point in six years. The rate at smaller fleets tumbled 16 points to its lowest level in five years.
BLOOMINGTON, Ind. — FTR’s Shippers Conditions Index (SCI) for January reflects a more challenging environment for shippers and an opportunity for carriers, the analyst firm reported today. The SCI started the year with a -3.6 reading, indicating tightened capacity.
WASHINGTON — January U.S.-NAFTA freight totaled $88.0 billion as all five major transportation modes carried more freight by value with NAFTA partners Canada and Mexico in January compared to January 2016, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
GREEN BAY, Wis. — Schneider National Inc. said Friday it had launched its initial public offering of 28,947,000 shares of its Class B common stock, at an anticipated initial public offering price between $18 and $20 per share.
PORTLAND, Ore. — Roger Nielsen has been appointed president and CEO of Daimler Trucks North America and its affiliated companies — Freightliner Trucks, Western Star Trucks, Thomas Built Buses, Freightliner Custom Chassis Corp. and Detroit Diesel Corp. — effective April 1.