The judge ruled that “Old Dominion has met its burden of showing that [the plaintiff] was not individually harmed, and therefore lacks standing." (Old Dominion Freight Line) A federal District Court judge has dismissed a lawsuit filed against Old Dominion Freight Line Inc. over the administration and pricing of its retirement plan offerings. The lawsuit ...more
(Luke Sharrett/Bloomberg) Kroger Co. and Albertsons Cos. agreed to sell 413 stores to C&S Wholesale Grocers in a divestiture designed to help win antitrust approval for their $24.6 billion merger. C&S will pay $1.9 billion in cash for the stores, which are mostly located in the West and middle of the country, the companies said ...more
(Tim Boyle/Bloomberg) UPS Inc. will raise prices 5.9%, to take effect on Dec. 26. The higher average price “helps to support ongoing expansion and capability enhancement,” UPS said on its website. Rival FedEx Corp. will boost shipping rates by the same amount on Jan. 1. UPS and FedEx rank No. 1 and No. 2, respectively, ...more
(Flexport via YouTube) Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of CEO Dave Clark, who unexpectedly departed on Sept. 6, a person familiar with the matter said. Carlson was hired at the start of this year as president and chief commercial officer for the logistics ...more
Freight train cars sit in a Norfolk Southern railyard in Atlanta. (Danny Karnik/AP/file) OMAHA, Neb. — Companies that have plants and facilities served by only one railroad may soon be able to get a bid from another railroad if their current service is bad enough under a new rule that was proposed Sept. 7 to ...more
The 35th Annual National Truck Driver Appreciation Week runs Sept. 10-16, providing an opportunity to give special recognition to the more than 3.5 million truck drivers who safely and professionally deliver America’s critical goods to communities from coast to coast. NTDAW MICROSITE, PHOTO GALLERY: Sponsored by KenworthThousands of trucking companies, manufacturers, producers and industry suppliers ...more
(1933bkk/Getty Images) Mitchell International launched a new collision repair training program with Axalta Coating Systems. The Truck Fleet Damage Analysis and Estimating program provides repairers with instruction on how to streamline the appraisal process for collision-related damages for medium- and heavy-duty trucks. It also covers how to optimize paint profitability. Axalta’s Refinish Academy is providing ...more
A row of Tesla's electric vehicle charging stations. (David Paul Morris/Bloomberg News) If you want to know how quickly electric vehicles might spread across the U.S., just look at California. In the past five years, EVs have gone from 2% of new-car sales in the state to 22%. The pace of adoption in California picked ...more
DHL Group delivery trucks at a parcel distribution warehouse in Munich. (Michaela Rehle/Bloomberg News) DHL Express started shipping this week from Miami to Argentina, as part of its cargo hauling expansion from South Florida to Latin America.DHL plans to fly cargo six days a week between Miami International Airport and Ezeiza International Airport in Buenos ...more
A rendering of a truck stopping behind a vehicle on a highway by the automatic braking system. (Chesky_W/ Getty Images) Organizations representing heavy trucks were generally supportive of a joint proposed rule to require automatic emergency braking technologies on heavy trucks — with caveats. But comments from some, including dozens of individual truck drivers and ...more
